Cincinnati MBA

I'm a guy with an engineering background and pondering taking up the 1 year intensive Univ. of Cincinnati MBA with a concentration in corporate finance and eventually look out for primarily the BB companies and other financial firms. My dilemma is I already have a Master's in engineering and want to make a quick switch towards this field, for which I am certain I have an aptitude for and want to build up my career in. And to make it very attractive to me, I got offered a full scholarship to pursue my studies. As for placements I know that the big 4 recruit here heavily and just a few of the IBs from the chicago offices.

But if I venture out into the job market on my own and try to go solo to make it to the big names and my dream job profiles, would my background and degree be marketable ? I know that I have the right attitude, quants background and the motivation to make it through, but what is the general view for some one with my profile ?

Thanks!!

 
Best Response
bryan1:
How old are you? Why don't you apply to a top MBA program?

I'm 24 and don't have full time experience on my back save for around a year of full time internships through school (not related to banking, but in project management). Going for the top MBA is slightly tricky for me as 1) I don't have strong prior work-ex to get through, though I know my educational background might help me and 2) My savings don't allow me to take such a bold step.

So my point is that if I go ahead to a 2nd tier B-school do I have the chance to make a break in to the IB sector. I've seen a few posts in the forum where people would say an outright 'no'. But is that the case in reality..?? what if i have the aptitude and the right approach along with aggressive networking...would that not help me make my way ? And once I have my standing, I can 5-6 years down the line go take up an executive program in some top tier school.

 

I would strongly urge you to build up your work experience and try to get into a more prestigous institution (Absolutely no offense intended to the Cincy MBA Program whatsover). But if you want to go BB, it's going to be extremely tough for you there. Is working another 3 years not an option? You're only 24, get some seasoning and apply in a few years. I'm not saying it's impossible, but your chances will be pretty remote of landing an associate position out of Cincinnati.

About 20% of students in the top 10 programs have engineering degress anyway so you already have a degree that's very marketable to these institutions. Also look into the CFA exam. It at least gives you a shot at am amalyst position, although probably not BB. Although it would take a minimum of 2 years to complete..

 

yes that is definitely Plan A. CFA is not an option for me as of now. I was late for most of this year's hiring cycle even for the summer analyst and intership programs...so I'm looking out for all options and opportunities that I can see. And in case things dont work out as per the A plan, I would have to fall bck on B and pave my own way...tough as I can see...but I do wanna figure and get an idea of what I should be prepared for in case I have to fall back to pick the UC MBA as my option to move on...

 

so... when I read your post 'ABathingApe' I get the impression you're going to this MBA program because you don't have work lined up for yourself.

i graduated at just having turned 23, and i've worked solid the past year.

you should do the same. go work for an engineering company.

 
bryan1:
so... when I read your post 'ABathingApe' I get the impression you're going to this MBA program because you don't have work lined up for yourself.

i graduated at just having turned 23, and i've worked solid the past year.

you should do the same. go work for an engineering company.

yea it's me ye must be talking about. well yes as i said i was late in looking out for jobs and making the cut when it mattered (which as i said was and still is Plan A). So that's where the plan B (the MBA at UC) has come into place...and my question in the first place is just how well would such an MBA treat me when i am out there in the market.

As for the engineering job, it's something that I am being very choosy about...because I don't want to get in to something that I might not be happy with. There are a few jobs out there that interest me and are in tune with my educational and work background and obviously I'm pursuing those opportunities too.

 
gautam_seth][quote=bryan1:
because I don't want to get in to something that I might not be happy with.
Sorry to tell you this but chances are you won't like most jobs you get right out of school. It's just the way the job market works. I'd strongly reccomend you take a job you don't like for a few years and get into a top program that will create unlimited opportunities for you, than to go into a program that won't get you into I-Banking and really be stuck. Again, no disrespect intended to UC, but it's far from a target school and I think you'd be very frustrated trying to get a job as an associate out of that program. When you see people getting jobs from non-target schools on this board, they are talking about Analyst programs. Hiring for the Associate program is very different and even more difficult. I say try for your top choices in the job market, if you don't get a job you want then take the best opportunity available, get your CFA, get a strong GMAT, and get into a top 10 school in 3-4 years. Trust me when I tell you that you won't regret taking my adivce. Be patient, this is a process. You're only 24, you've got plenty of time...
 
A_Bathing_Ape:
Sorry to tell you this but chances are you won't like most jobs you get right out of school. It's just the way the job market works. I'd strongly reccomend you take a job you don't like for a few years and get into a top program that will create unlimited opportunities for you, than to go into a program that won't get you into I-Banking and really be stuck.Trust me when I tell you that you won't regret taking my adivce. Be patient, this is a process. You're only 24, you've got plenty of time...

Yes..thanks a lot for your advice. From my own research and background, it makes a lot of sense. Personally now that I have done some background work..i'm just a lil more confident. I've already been working towards getting the pieces right to land a good job...(am even trying for analyst positions)...and if that happens, I would be doing as you advise and gun for a top MBA program after working for a few years.

And to look at the pessimistic view, in case things don't work out as planned, and I have to go for the 2nd tier MBA, then interning this summer and working side by side as a part time analyst might make a little more sense. If that's not gonna happen, I might as well scrap that option and look out for greener pastures. Say wot ??

 

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