Saturday, August 22, 2015

FIVE Things Applicants should remember before Selecting Admissions Consultants for B-schools

Hi All,
I have been an MBA aspirant and have worked with a couple of consulting firms. To help fellow applicants (mainly Indian students), I am listing below some tips which you should make sure you sign-up with admissions consultants. Hope this will save some precious time and money from you.

My Brief Profile: GMAT-720. Indian IT Male Engineer, have done my engineering from a state-level third tier engineering college, have decent extra-curricular and moderate level achievements(compared to the applicants who applies to the top schools).


1. Get Your Profile assessed by at least 2-3 consulting firms-both Indian and foreign(if you are considering) and evaluate the common feedback and the mismatch between the feedback. Be RUDELY honest about yourself and try to talk to as many people as possible to assess your profile. If you are an Indian, you'll not be evaluated against other applicants, but rather against Indian applicants and that shots the competition to dizzying heights. Assess your profile and see what are the best schools you can get and any chances of financial aid.

2. Don't go with consultants who make LOFTY/ DREAMY promises. Even if you get in a top school, you'll have to compete against them. If you're not confident about that, better go in a school where you can shine more. Try to target realistic schools. While we all want to graduate from Harvards and Whartons of the world, we all can't. Please do remember this.

3. Do make sure that there's a failure clause, i.e. what happens if the promises made by consulting firm do not live up to their expectations. GO FOR MONEY RETURN GUARANTEE. When there is such kind of clause, the firm will painstakingly make sure to live up to their promises. Otherwise, the firms can slack-off and you'll lose your precious time and money. A lot of consultants offer money-back guarantee in India (at least), better go with them.

4. Don't rely ONLY on Online reviews: While reviews do help to make or break up your mind about a consulting firm, don't solely rely on them. My advise, make sure you painstakingly read any negative reviews  about that firm as that can be your case also. Reviews can be altered and can be forged also, so try and connect with some old student of theirs/anyone with some knowledge about the consultants to help you out.

5. Do Calculate Your ROI: Before spending money on any consultants or schools, do ensure what is your ROI. Don't chase lofty dreams and just spend your hard earned money on consultants and wrongly chosen schools.

Hope the above list helps. Do get in touch if you need more help. I'll be glad to help as much as I can.

Cheers..
Digvijay Anand :)

PS: You can like my profile and follow me on Google+ by clicking buttons just below my Pic on top left. You can find me on Facebook or Twitter (@Digvijay05) also. Do share, in comments, how you like my review.  

4 comments:

  1. I will be grateful if you could kindly advise about suitable colleges for MBA, preferably in USA for following profile:

    1. GMAT sore 680
    2. BSc in Hotel Management and Hospitality(IHM, Mumbai)
    3. PGDM Marketing(Welingkar, Mumbai)
    4. 01 year work experience as Customer Services Manager in private sector bank
    5. 01 year work experience as Manager in petroleum retail outlet

    Strengths: Analytics and Quant.

    Target: MBA(finance)

    Which colleges can offer scholarship?
    What are employment prospects post MBA and expected remuneration?

    Will countries/colleges other that US offer better prospects?

    Regards

    ReplyDelete
    Replies
    1. Hello,
      This profile is very short to assess your chances and I am also not an expert. If you are interested, I can give you a couple of contacts whom you can connect to and seek professional help. write to me at digvijay005@gmail.com if interested

      Delete
  2. Spelling correction: GMAT 'score', not sore!!

    ReplyDelete