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Hello fishes,
I have a background in finance and 6+ YOE of professional work experience, I had to leave CA in between due to family emergency and started working (although only 1 group of CA final is left, 1 is cleared already), so can anyone provide an insight if being CA qualified is a mandatory requirement in EY and EY GDS in position of Manager in Accounting, auditing,FAAS,AWM teams etc
Would appreciate any insight, as seems HR everywhere just see degree and not the relevant work ex..
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Hi fishes, Dm me for referrals I can refer you
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Strategy is one of the highest paying MBA fields...next to only tech-focused MBA...which really only applies if you have an undergrad in some type of CS or IS degree. Most strategy MBAs also focus the rest of their electives in finance and go work into Investment Banking...but I recommend doing your research on that field before deciding you want to pursue...it is notoriously as grueling as it is high paying. It's not unusual for 1-2nd year IBs to gross about 200-350k a year...but that generally is at great work life expense...they often work 70-100 hrs PER WEEK. Strategy MBAs also go into consulting...which is a nice paying gig but generally requires quite a bit of travel and you are still working 50-60 hrs a week. In both of those careers you are working with generally C-suite executives as clients...so networking anc exit opportunities are fantastic. Most IBs generally do it for a few years, then move into executive positions where they can have better QoL and high pay...same for many consultants. Like anything else..you gotta put your time in the trenches to reap the rewards. I am currently 3 months from finishing my strategy MBA from a top 20 business school...and I can confirm one thing for you...LM will never compensate you what you are worth elsewhere. Even our "strategy" positions pay significantly less than working at a financial institution or consultancy firm.
Thank you for the detailed answer. I agree about Lockheed not paying as much as Consulting companies and Financial institutions. That is generally because at Lockheed you don’t work as much as those companies and also have a great job security
If you are looking at programs...I might recommend Indiana Kelley School of business. It is a top 20 program and the online is #1 in the world. LM personnel also get a 10% discount. There are alot of us in that program because its the best program you can do while working. Everytime I have had to go to campus as part of our program, I meet dozens of fellow lockheed employees that are in my cohort. NOW, I dont know your background or age...but if you are younger and can get into a Wharton, Stanford, booth, etc...and you are willing to quit working for 2 years and willing to pay the 150-200k tuition...then absolutely do that. But do your research...make sure the ROI makes sense based on your circumstances. Good luck
Thank you for the information.
Okay that is a excellent GMAT score.
I would not be able to answer the questions when it comes to what the admission committee is looking for at the ivy-league universities for the MBA programs since they are secretive to what actually makes you stand out from the crowd. They change their preferences every year. I did go to Harvard University with freshman who did not have a impressive academic background at all and they were accepted.
The ivy league universities tries to give everyone a fair chance even the ones with a less impressive academic background. Sometimes the best of the best of applicants get rejected from ivy league programs maybe because the universities want to have a mix of students in a MBA program. I would just say apply and see what happens.
You are welcome.
As far as will your prior work experience give you an advantage in GETTING INTO a top 5 program...not likely, and especially if it is at LM. If you worked at Goldman Sachs or a big 4 firm...it would prob help as those firms have relationships at top 5 programs...its where they do most of their recruiting. Many of the people that get into top5 business schools are those that graduated from top undergrad programs and have already been doing ACTUAL investment banking analyst jobs at big 4's...and are going to get their MBAs to become associates and managers
Management consultant...how would you rank them? I have several members of my cohort that currently work at deloitte, and have had to work on projects with them...and to be frank, I have no been overly impressed by their work. KPMG and Deloitte recruit heavily from my program (KPMG is a major donor so that makes sense)...our job board is littered with posting from them...and stays littered because most of our grads don't really prioritize them, very little interest. PwC and E&Y posts are less frequent but they generally get a little more interest. When Bain, BCG or McKinsey post...everyone applies so difficult to get an idea of who is most popular. Honestly, I dont think you can really go wrong with any of them...but I think size-wize its probably McKinsey, BCG, Bain? Regardless, the big 3 management firms are far more popular than the big 4 accounting firms for strategy MBAs at my school at least...and pretty sure they all pay more too
As for exit opportunities after company development and company strategy, it depends on multiple factors, including your learning outcomes during the MBA program, internship experience, alumni network, and your performance in the workplace. MBA programs usually provide a broad range of business knowledge and management skills, providing you with additional opportunities in corporate development, strategic planning and senior management. However, specific exit opportunities need to be evaluated based on individual performance and market demand.
https://t.me/+FuX5d3WV0tg1MGY8
It also depends on your GRE or GMAT score?
GMAT is 760
Also the ivy universities may not tell you this, but they prefer applicants age 29 and under. However; they do accept older applicants as well, but they need a lot of experience and high GRE or GMAT test scores to prove that they can be successful in the rigorous MBA program. If you are 29 years old now you need to apply now to increase your chances of getting accepted.
I am only 24 with 3 YOE
Are you ivy league?
No just trying to get into a MBA program
Since you are 24 years old do not wait too late to apply to a top five university like Harvard because as you getting closer to thirty your chances of admission diminish. But like I said older students have a chance to get in when they can prove they have the intelligence and skills to succeed.
Well if you want to do corporate development or strategy you will need to be ivy league to be competitive.
I am already in Corporate Development. I am wondering whether that is a prestigious career path to get into Ivy League. Those schools looks for more than just your GMAT
That would include getting into a ivy league MBA program.
I got into the Harvard MBA program through the 2+2 program because I had two years of work experience at twenty years old and the JD program it does not really matter if you have experience or not. Corporate Development experience might be enough to get you into the program, but I am unsure since things at those universities change every year.
Can I DM you for questions?
I am 29 years old.