November 12th, 2007, 8:09 am
cnayak, from my research on MBA programs and admissions they like to pool together candidates from similar backgrounds and evaluate them accordingly. So, if you are applying as an ex banker from JP Morgan, you will not be compared to someone who was a teacher or an engineer. They will pit you against bankers from other american banks (including JP Morgan) so since you say that you will be doing KPO work for them, I don't know how much and how well you will be able to sell this to the admissions and also if they compare you with an analyst in M&A or Leverage Finance then, to me, it seems like the odds stack up against you pretty heavily... So to me the Indian bank's offer seems to have a lot more potential and a chance for you to take on more responsibilities (cuz you are closer to the money, and numbers always help you to sell much easily!) Also you won't have the offshore tag on you (since you are not working in the offshore arm of an american corp.) Also you say they promised to move you into other roles in the future, but do they really keep their promises? I mean do you know of anyone that entered in your position and was moved (w/out too much hassle) to these other roles? Unless its an actual rotation program, i would be skeptical of this until you can get a clear answer from an existing employee who was in similar shoes... you should actually post your question on BusinessWeek's Bschool forum, where several admission consultants just answer these type of questions pretty much all day long... (btw, if you don't mind, which indian bank is this? I was in India for 6 months, so just curious as to which indian banks hire for their trading desks)