Expect who else but the big daddy in India to come up with a 1 year programme like its PGPX.
See the simplicity in their eligibility criteria – all you need is a Bachelors degree and to have lived on this planet for longer than 27 years. It does get detailed further in the FAQs, but the eligibility criteria for ‘application’ remains the same. Remember, its just the criteria for an application, and not an admission !
I absolutely love their FAQs, you can make out from the answers that its IIMA we are talking about.
The jewel in their FAQs is this piece of defining honesty –
“4. Is there a minimum GMAT score?
No. But higher the GMAT score, better the chance of admission. “
Show me any other MBA school which doesn’t dole out the usual ‘we-see-the-overall-application-and-GMAT-is-just-one-aspect’, and the standard ‘a lower GMAT score does not mean exclusion and a stronger score does not mean admission’.
So, who qualifies ? Lets have a look –
“10. What is ‘substantial’ work experience?
Adhering to minimum age of 27 years at the start of the programme, a normal graduate should have 6 to 7 years of post qualification, full time work experience. Similarly, post graduate should have 5 to 6 years of experience. PhD/M.Phil can be evaluated on case to case basis. ”
Lets have a look at the current batch profile –
“PGPX III (2008-09)
The profile of the third batch of 78 students is as follows:
Parameter – Average
GMAT – 728.33 (wow !!) – It has jumped from 695 to 730 in a year !
Total work experience as on August 10, 2007 (months) 118.46
International work experience as on August 10, 2007 (months) 53.62
Age as on March 31, 2008 (years) 33.52”
Out of 78, 43 have a degree in addition to their Bachelors’.
So cut down to 35 who don’t. When in doubt about your chances, have a look at another gem in the FAQs –
“The profile of the first, second and third batch is better than mine. Will I be considered for the next PGPX?
Yes. Profiles can vary from batch to batch. Further, the profile information of PGPX I (2006–07), PGPX II (2007-08) and PGPX III (2008-09) is the ‘average’ of the batch.”
Indeed, what a brilliant way to answer the question. If I look at the batch profile, which, of course, is just the ‘average’, and begin to doubt my chances, I need to be reminded that even the ‘average’ had scared me off !!! If you get what I mean !
So what makes me go ahead and apply to the programme ? Because its IIMA. Needless to say, its the most impressive MBA out there for people with considerable work experience. The platform it provides for senior leadership roles is unmatched in scale & scope.
The programme’s objective – to develop bright, enthusiastic, and aspirational executives into management leaders and change agents in the global arena.
But I’m applying also because I love the whole application process, which is so different –
- No application fees
- Only basic profile information needs to be submitted initially. Essays need to be submitted only if you are selected for the interview. So if in doubt, go ahead and submit the application. You never know how good life can get for you unless you try.
- No recommendation letters ! Oh, how I wish others could follow the lead..
- Like I said, I love the FAQs.
I am sure this is the most competitive programme out there. If you think you stand even a faint chance, go ahead and apply. Let IIMA decide for you whether you fit their bill.
Update on 4th Sept, 08 – IIMA decided that I don’t fit the bill. End of story. Reasons – I think due to my lesser years of work ex and Indian IT work exp. High GMAT couldn’t do the trick. Nevertheless, cool process, thumbs up!