Wednesday, May 09, 2007

where do MISMs go?

Prospectives frequently ask this question to me in order to judge RoI of MISM program: "Where do MISMs go (after they graduate)?"

I decided to blog on this as it is really easy for them to check.

Professional social networking group such as linkedin are open and can be easily checked out by searching on keyword "MISM". They are everywhere - consulting firms such as Deloitte, McKinsey, Booz Allen Hamilton, etc....product firms such as Google, Microsoft, Oracle, etc financial services firms such as Goldman Sachs, Barclays, UBS,etc , and on linked in there are atleast 156 users (while I am posting this ..) who are returned as a search result to MISM.

After knowing this and the avg base from career services page on MISM website, they can judge alum's sals from salary.com or something. Stop harassing existing students or alums about what salaries folks in their batches got - it is not only impolite (politically) but also indicates immaturity of the candidate to discuss salaries with an alum. Salaries vary widely. As a thumb rule, ppl with experience tend to get higher salaries than those without. However, along with experience, relevance is often important. If your earlier experience is not relevant to the job offer you are getting there is a high probability of having lesser salary. Besides, the progressions will be smoother.

I like to give an analogy of a buffet dinner to those who ask me such questions. It's a dinner table out there - you must pick or get prepared to pick what suits you. For instance, some ppl may not like consulting and hence, there's no point for them to go towards that. Some other set may like coding and they should go for that. Its a soul-searching process which one must undergo and not just get a job for a "paycheck".

There are ppl in the current and previous batches who have turned down higher paying offers (and I am talking large differences - to the order of US$35k) in order to choose the work which they want to do. This is a sign of maturity!

I often say that you dont have to be a MISM to get a huge sal - that you can get by doing coding on Wall St (lol !) . The reasons for joining the program must be right or else at the end you will be left unsatisfied.

Define what you want to do and search in that direction. The result may even indicate that MISM is not what you want. In that case, do not invest in it just for the sake of doing a Masters.

Frankly speaking, CMU's inter-disciplinary approach is awesome and based on one's readiness to slog, one can achieve their objectives if worked well. Of course, CMU is Computer U. and hence, one has to keep in mind that one should not crib about not making it for some trading position after MISM (though there are ppl in the past who have made it). For achieving that, there are different programs (may be different schools) which one must consider.

Bottomline: Do your research well, before asking questions to an alum or an existing student. Then, ask crisp, concise, and precise questions while presenting context as well.

9 comments:

AK said...

wonderful post...thanks a lot...

Unknown said...

:) good job capturing the essence, manik..

GJ said...

Thanks for this...especially the harassing current students part.

2600KR said...

Thanx for your information

Unknown said...

nice post. i have applied for mism and is awaiting a call from them. i think one of the major disadvantages of the program, is that it is not widely known or offered by many universities. which means u will have to explain to your prospective employers what mism is about and all that. as opposed to say an M.B.A. well this could be advantageous also given the uniqueness of the program.

trendwhizo said...

@ anand -
I agree that most of the recruiters do not understand the benefits the program brings.

Also, I agree that an MBA talks for itself. The biases in the minds of recruiters and/or relatively naive employers results in this situation.

However, think about it - do you really want to work for such a naive employer? Do you want to give your youth and career in hands of such naive employers?

If getting a job is the only intention, there are many other inexpensive options.

Curumo said...

Could you advise if it is possible to join the world of Management Consultancy after graduating from CMU MISM program?

Curumo said...

Could you advise if it is possible to join the world of Management Consultancy after graduating from CMU MISM program?

trendwhizo said...

@Curumo, yes. Check on linkedin. Alums are in Oliver Wyman, AT kearney, one alumna IA even a partner in Mckinsey&Co