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To Be or Not To Be ?
             Post MBA Blues, Glamour, Reality & Expectations of experienced
                              (8+ yrs.) full time MBA grads




Nachi Sharma

2012 MSBA General Management
Simon Graduate School of Business
University of Rochester
2001 NIT Trichy
                                                                         1
Introduction
•     2012 MSBA General Management from Simon Graduate School of
      Business- University of Rochester
•     2001 Bachelor of Engineering from NIT, Trichy
•     Post MSBA had offers from:
       –   Ernst & Young- PI- SCM Group
       –   Dell’s Procurement Strategy & Analytics Consulting
       –   Deloitte’s Oracle Practice ( Same as Previous Job)
       –   Interest from Private Equity ( What does that mean ? )

•     Shortlisted for McKinsey’s BTO
•     Networked with close to 100 executive leaders
     (CEO’s, VP’s)
•     Founder of Sandhi (A 501c3 Non Profit)
•     Supply Chain Consulting Manager with Wipro US

    12/30/2012                                 Confidential         2
Agenda
•   Why MBA ?

•   During MBA

•   Hiring Challenges & Expectations

•   Post MBA

•   Next Steps




12/30/2012                   Confidential   3
Why MBA ?
•   What did I do after NIT, Trichy ?
     –   Is brand important ?
     –   What you make of brand ?
     –   Focus on learning and content

•   How would my job be different after MBA ?
•   Critical Decisions
     –   Cost
     –   Lost Salary
     –   Role Post MBA

•   What are my personal strengths and weaknesses?
     –   Business Communication 
     –   Consulting Mindset 
     –   People Oriented 
     –   Strategic 
     –   Too quantitative 
     –   Ability to handle large datasets (thousands of rows in excel) 

•   Look at your life story – Instances which excited you
     –   Was it the code



12/30/2012                                 Confidential                    4
During MBA
•   Study with lot younger, learning style could be different

•   Networking
     –   Meet people, share story, find the fit and opportunities will follow
     –   Above all , stay genuine


•   Some exciting courses and what I learnt
     –   Managerial Economics – Introduction to Economics
           •   People act out of their own self interest
     –   Income Statement, Balance Sheet, Basic Accounting
     –   Why some companies issue bonds and some equity ?-Corporate Finance
     –   How do I price my consulting services ?- Marketing Management
     –   How do I allocate decision rights ? Organization Architecture
     –   How do you evaluate investments ( New Company, Product, Project) – Corporate Finance
     –   How do I decide on my next product launch - Game Theory
     –   Supply Chain Management Concepts
     –   Business Modeling- Helps in What-If Analysis, Pricing Decisions. I don’t use it.

•   Take more courses to build depth in certain areas



December 30, 2012                                 Confidential                                  5
Getting a Job
•   US hiring is highly networked

•   Professor’s Feedback

•   Alumni Feedback

•   CMC’s Feedback

•   Think of things your friend’s notice about you

•   Its not what you say but what you do that matters

•   Grades only will not take you any where. Traditional shift in
    mindset.

•   At the end, its what you are good at!



December 30, 2012              Confidential                         6
Hiring Challenges
•   Highly experienced in one industry

•   Role expectations

•   Previous salary and your expectations

•   Highly paid jobs other then Finance were in Consulting.

     –   Flip side was traveling

     –   Consider your life situation, age, stage of life. Can you do it ? Is it worth it ?

     –   Switching career can be very-very difficult. Its not impossible. Be ready to compromise on
         salary, role etc.

•   Some typical roles with technology background are:
     –   Product Managers
     –   Consultants ( IT, Strategy)
     –   Business Analysts



December 30, 2012                             Confidential                                            7
Post MBA
•     Business Graduate from one of better known schools in east
      coast

•     Lifelong network of US/global business leaders
       –   This could be important if you are going to stay in US. But , useless, if you don’t contribute to
           it. Focus on giving.


•     Attend NIT Alumni meets

•     Attend Simon Alumni meets

•     Loan of USD 42000


•     Cost of Living USD 25000 ( With Family)


•     Lost Salary of 1 Year


    12/30/2012                                  Confidential                                               8
Roadmap




                                                                Look at long term
                                                                horizon (5-10 yrs.)
                                                                                      Keep learning and
                                          Make stakeholders                           seize opportunities
                                          successful
                                          ( Friends, Peers, Co-Workers,
                        Focus on giving   Alumni, Company, Community &
                                          Family)




        Contribute to
        your networks




   12/30/2012                                  Confidential                                                 9
Thank You




12/30/2012       Confidential   10

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Post MBA Blues, Glamour, Reality & Expectations of experienced MBA grads

  • 1. To Be or Not To Be ? Post MBA Blues, Glamour, Reality & Expectations of experienced (8+ yrs.) full time MBA grads Nachi Sharma 2012 MSBA General Management Simon Graduate School of Business University of Rochester 2001 NIT Trichy 1
  • 2. Introduction • 2012 MSBA General Management from Simon Graduate School of Business- University of Rochester • 2001 Bachelor of Engineering from NIT, Trichy • Post MSBA had offers from: – Ernst & Young- PI- SCM Group – Dell’s Procurement Strategy & Analytics Consulting – Deloitte’s Oracle Practice ( Same as Previous Job) – Interest from Private Equity ( What does that mean ? ) • Shortlisted for McKinsey’s BTO • Networked with close to 100 executive leaders (CEO’s, VP’s) • Founder of Sandhi (A 501c3 Non Profit) • Supply Chain Consulting Manager with Wipro US 12/30/2012 Confidential 2
  • 3. Agenda • Why MBA ? • During MBA • Hiring Challenges & Expectations • Post MBA • Next Steps 12/30/2012 Confidential 3
  • 4. Why MBA ? • What did I do after NIT, Trichy ? – Is brand important ? – What you make of brand ? – Focus on learning and content • How would my job be different after MBA ? • Critical Decisions – Cost – Lost Salary – Role Post MBA • What are my personal strengths and weaknesses? – Business Communication  – Consulting Mindset  – People Oriented  – Strategic  – Too quantitative  – Ability to handle large datasets (thousands of rows in excel)  • Look at your life story – Instances which excited you – Was it the code 12/30/2012 Confidential 4
  • 5. During MBA • Study with lot younger, learning style could be different • Networking – Meet people, share story, find the fit and opportunities will follow – Above all , stay genuine • Some exciting courses and what I learnt – Managerial Economics – Introduction to Economics • People act out of their own self interest – Income Statement, Balance Sheet, Basic Accounting – Why some companies issue bonds and some equity ?-Corporate Finance – How do I price my consulting services ?- Marketing Management – How do I allocate decision rights ? Organization Architecture – How do you evaluate investments ( New Company, Product, Project) – Corporate Finance – How do I decide on my next product launch - Game Theory – Supply Chain Management Concepts – Business Modeling- Helps in What-If Analysis, Pricing Decisions. I don’t use it. • Take more courses to build depth in certain areas December 30, 2012 Confidential 5
  • 6. Getting a Job • US hiring is highly networked • Professor’s Feedback • Alumni Feedback • CMC’s Feedback • Think of things your friend’s notice about you • Its not what you say but what you do that matters • Grades only will not take you any where. Traditional shift in mindset. • At the end, its what you are good at! December 30, 2012 Confidential 6
  • 7. Hiring Challenges • Highly experienced in one industry • Role expectations • Previous salary and your expectations • Highly paid jobs other then Finance were in Consulting. – Flip side was traveling – Consider your life situation, age, stage of life. Can you do it ? Is it worth it ? – Switching career can be very-very difficult. Its not impossible. Be ready to compromise on salary, role etc. • Some typical roles with technology background are: – Product Managers – Consultants ( IT, Strategy) – Business Analysts December 30, 2012 Confidential 7
  • 8. Post MBA • Business Graduate from one of better known schools in east coast • Lifelong network of US/global business leaders – This could be important if you are going to stay in US. But , useless, if you don’t contribute to it. Focus on giving. • Attend NIT Alumni meets • Attend Simon Alumni meets • Loan of USD 42000 • Cost of Living USD 25000 ( With Family) • Lost Salary of 1 Year 12/30/2012 Confidential 8
  • 9. Roadmap Look at long term horizon (5-10 yrs.) Keep learning and Make stakeholders seize opportunities successful ( Friends, Peers, Co-Workers, Focus on giving Alumni, Company, Community & Family) Contribute to your networks 12/30/2012 Confidential 9
  • 10. Thank You 12/30/2012 Confidential 10