What is the criteria of 2 years work experience for FRM?

Yes, you are right!

FRM designation is granted only if you have 2 years of relevant experience in Financial Risk related domain e.g. you could be a developer/BA for Market/Credit/Operational risk systems with Financial products pricing & calculation knowledge, or a Loan/Mortgage Risk officer in a retail bank, or a credit analyst in commercial/wholesale banking deparment, or an analyst in any area of Trade life cycle in an investment bank/ hedge fund/ asset management company and so on.

You could be employed by any company (financial/IT/consulting/Commodity/conglomerate) but should be working in their Fin Risk department or in an area where you have to deeply interact with the Risk department affecting and/or affected by your/their tasks/actions.

All the best.

Salary of an individual largely depends on various factors. Generally,a salary of a MBA graduate depends on the factors like- the company policy,the job location,which domain is he in,the reputation of his college and largely, on his/her personal capacity.

To give you a vague idea,let me provide you some salary ranges.From what I have seen through my experience in recruitment,the range of salary of MBA graduates from tier-A colleges(I mean IIM's) with two years experience is 18–60 lakhs. The range is high because even in tier- A colleges there are clear rankings on the reputation and starting salary depends on the reputation of the college.There are obviously few exceptions.But this can be a general range in all domains.

The salary range of MBA graduates from tier B colleges after 2 years experience will be 10–25 lakhs.Likewise,graduates from Tier C colleges might get 5–10 lakhs.

I should admit that these figures are just my personal assumption from my experience. It might be wrong as well as I don't have any factual proof or research support.However,as the salary of a MBA graduate mainly depends on the college,industry,company policy and individual capacity,a detailed study has to be conducted to answer your question accurately.

Hope this gave you an idea.Thanks

If you are talking about age limit, then there is no age limit for writing CAT. You can write it any number of times you want.

FYI the average age of first year studens at any top most b school in India is 23-24 years.

Advantage is for you to decide.

MBA after some sensible work-experience is a great idea and a correct recipe to building good career.

Now, let’s talk some specifics.

You are Graduate and have a 3 yr work experience.

If you think you are not happy with where you are, then you got to find out ‘why’?

No degree (MBA) per say is going make the life any different… if the reasons for your slow career was within you.

Most youngsters think that MBA was some kind of magic wand to pump zest in their OTHERWISE mundane work-life. That’s not true. There are thousands of Tier 2 & Tier 3 Institutes selling you this dream while they cool-ly take away 3–10L fees from your pocket. Then, there are many on-line Executive MBA selling you just Certificates for 3–5L fees. That’s all illusion. You ought to pass the basic employ-ability criteria… as a young recruit. And, no number of degrees are going to be the substitute.

I suggest that you meet a career counselor, take some personality test (learning profile, aptitude test, leadership profile). He will be able to tell you whether you already have the managerial streak.

Make sure that you learn proper English, spoken English, Articulation skills, social skills, basic Excel skills. Make sure that you are well-read and street-smart. In most cases, one of the above is the reason why you are in a lowly job (or unemployed).

If you qualify on the above criteria, then you are the BEST candidate to apply for a MBA.

Most students applying for the MBA have zero work experience (or some dummy work-exp). Actually, MBA is a professional course. And, it is more experiential than academic. You can barely make any sense of what they teach you there if you have had no previous experience with any commercial enterprise. India is one of the few countries where one can join MBA without any work experience.

So, you… with 3 years of work experience… will definitely be a better fit than the most. Then you have Engineers and BSc and BA graduates applying for MBA. I think, the guys with BCom, BBA, BMS are better equipped for MBA than BE, BTech, BCS, BSc, BA. Because they have already studied some aspects of a commercial organisation at an under-grad level.

Make sure that you take the entrance tests seriously. Prepare well. If necessary join a coaching class. Because your MBA would be worth your 2 years… if only… it was from the top-notch reputed Management Schools. And, that’s why the competition to get there is very very stiff.

Then there are thousands of Tier 2 & Tier 3 Management Institutes…. where your passing the MBA… means adding to a large pool of million-plus so-called MBAs… struggling to get there first job for an year n more… and eventually settling in for a salary of just 10–15k per month.

So, there is no stock answer to your question.

You got to make a choice for yourself. And, you will need some counselor to help you decide it right.

Alternatively, you can take the jump… like many many others… blind-folded… and join a MBA School. If you have luck on your side… then your career can ONLY be BETTER than your plain BCom.

Best wishes!

The answer is No for China, because a Bachelor’s degree is required working Visa.

Oakary has helped teaching partners sourcing English teachers to teach abroad in China. A Bachelor’s degree or above is strictly required to obtain Z working Visa in order to work in China legally.

You can learn more from Oakary’s site, but here’s a short list of requirements,

Native Speakers (USA/Canada/UK/Ireland/South Africa/Australia/New Zealand)

a Bachelor’s degree or above

120 hr onsite certificate only, not online. TESOL/TEFL/CELTA. If not, then require 2+ of proven English teacher working experience

Non-Native Speaking Countries

a Bachelor’s degree or above

Require 2+ of proven Non-English teacher working experience.

Thanks for A2A.

The answer to your question is hidden inside your aspirations and your long term goals. However let me guide you through some insights about both of them and I will leave the judgement up to you.

Since you are a fresher, going into MS in US won’t be a big deal for you. If you are inclined to research work in your undergrad,published papers or you have stellar academics then they are add ons to your profile. Please understand that overall profile is pretty important as you go along in your higher studies. Moreover, you are now in the flow of studies. Hence, continuing an intriguing course won’t be that difficult. Sounds good isn’t it?

Let’s now throw some light on what work experience of 2 years can bring to the table. It helps you to learn the tips and tricks of corporate world. It develops your personality, builds up your decision making ability and makes you independent. Say, you are a B.Tech in Electrical Engineering and want to pursue master’s in CS. So, a relevant work experience in IT industry helps you to switch the streams in US. It improves your profile if its not that decent in your undergrad. Most importantly, if you want to pursue job after masters, it helps to increase your chances. But make sure you are in touch with the subjects you want to pursue masters in US.

Now, the crux of my long lecture is,if you are inclined towards research then either you can go for Master’s as a fresher because then you may end up pursuing your PhD too. If you want to switch streams in Master’s,having a relevant work experience might be a good idea.

That’s all from my side. Let me know your choice and feel free to reach out to me if you need any further information.

Cheers!!

-Kush.

Hi,

The MIS is the only program that focuses on both business processes and information technology. If you are interested in business and technology, like theory but not too much, like technology enough to want to keep up with what's hot but don't want to be writing programs or putting together chips all your life, then MIS is for you.

MIS students learn how businesses use information to improve and optimize the company’s operations. If you opt for an MIS program, you will learn how to manage various information systems so that they best serve the needs of managers, staff and customers. You will also learn how to create systems for finding and storing data, creating computer databases, networks, computer security, and lots more.

Typically MIS graduates go onto careers in IT consulting, Analytics, Project Management, Product Management etc.

An MEM program on the other hand is an interdisciplinary program. You will combine a core management curriculum with a master's level technical education – it is the appropriate alternative to a traditional masters in engineering or an MBA . The curriculum typically consists of a core business foundation, a focused technical concentration, an internship, and a seminar and workshops series.

If you are interested in technology leadership, industrial management, high technology management, R&D management or even technology entrepreneurship in a start-up company - the combination of professional engineering practice with core business and management subjects typically found in an M.B.A. program will be useful.

Consider the immediate post program career path and make your decision.

Good Luck!

OK, here’s a short story about a friend who has a BA: He went to work for a company at one time with the promise to get the business back on track and make it profitable. In around a years time he was very successful and the company was doing great. He had taken the job on a temporary basis but he liked the business and the company. He offed to come aboard permanently as the CEO but when the mother company found out that he did not have an MBA they declined his offer even after he had demonstrated major success with them. The top administrators and management of a company are scrutinized by lenders and stock holders and the qualifications of the top people are seen as significant indicators of the future success of the company.