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If my understanding is correct, you will will NOT be able to take advantage of OPT because MBA is the same as Masters, though the field of study is different.
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G Guy from above the 49th parallel |
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On a side note, do you think it is worth going full-time for MBA now. Forget about getting into investment banking or consulting in current situation expecting pays pre-financial disaster. ROI will take a long time considering you will be losing close to $200,000 in salary and benefits and add to it another $80,000-100,000 in fee and another $40,000-50,000 in expenditure plus another $15,000 in books. MBA graduates on an average can expect to make $120,000/year once they graduate. If you consider opportunity costs part-time/executive MBA might be a better option. |
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thanks for your replies. Is there no provision to sort of "reactivate" (if I may use that word) the same H1B account under which I have my visa right now... so that my employer then could simply file a transfer petition or something. I don't know if that even makes any sense..!
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That does'nt make sense. I doubt your current employer will not revoke your H1b once you are off to B. school. Besides when you come back 2 years later, do you want to continue working at the same place, with the same job title & same salary? If thats the case why would want to do MBA in the first place.
Also if you have used 2 years of your h1b (3 years by 2010) once you graduate in 2012 you can get an H1b only for 3 years unless you have stayed out of this country for atleast 12 months before your MBA program begins. All the best. Quote:
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However using CPT as Phani suggested cant be used for full time when school is on. only for 20 hrs per week. Also so long you need to remain in school to need to take full credits (except last semester)
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G Guy from above the 49th parallel Last edited by go_guy123; 02-26-2009 at 03:41 PM. |
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There is some truth to above posts. You do not have to finish courses to apply for CPT. You cannot use CPT after graduation, check with ISO what happens if you finish required coursework but do not graduate. You can work 40hrs per week on CPT for 11months 29days. Unless ofcourse it has changed since my friend did it. You do not have to be enrolled in any classes during CPT. CPT has to be part of your education (or prove that it is needed for you to complete education). Check with ISO before enrollment. These rules have changed in recent years. Like Phani said, is it really worthwhile doing MBA at such high cost? As per his calculations expenditure is around $300,000 of post tax dollars. You will take a decade to recoup that money on salary of $120,000 per year. Can be higher during these turbulent times. Even I am thinking about it but do not want to put a dime in education here until I get greencard. Good luck getting CPT during these economic times with so many layoffs. TARP companies are already banned for h1b, who knows what else will come. Get immigration out of the way before such big investment. Last edited by gcnotfiledyet; 02-26-2009 at 04:42 PM. |
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I did my MS Comp Science from US. The International center there makes a massive pain in CPT regarding the clause "CPT has to be part of your education" MBA in Finance area elective will help in long run. Anyway if you go to India (not an impossible outcome given the greencard situation) without an MBA and just an MS, you will be severely handicapped professionally. India management culture wants an "MBA". Without that career growth is exremely slow. It will many years of experience to reach teamlead position in an IT company but with 2 to 3 years after MBA you can get that position. The glass ceiling is very low in India without an MBA. India produces massive number of Comp science Graduates and salaries are low. You need an MBA in India for career growth. They wont value ur MS. If you cant afford an expensive MBA do an cheaper one in US or Canada (Ryerson in Toronto or York univ). Canada one you can apply for PR and once you get Canadian citizenship, you dont need to worry about H1B as ou can work in TN1 visa
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G Guy from above the 49th parallel Last edited by go_guy123; 02-26-2009 at 05:12 PM. |
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But then again original poster never mentioned that he wants to go back to India. |
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http://www.businessweek.com/bschools...ge_top+stories |
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