Malgus back??

[clear prop!!!]

Whilst out there surfing, came across the Malgus site.

I thought that this had gone away, but see that the selection dates for round 1 are now Feb this year!

I have no comments good or bad about this, but for anyone interested the site is <a href="http://WWW.malgus.com." target="_blank">WWW.malgus.com.</a>

This could be old and out of date, as the last I heard the scheme had been withdrawn, but it looks like it may be back????

[TraineePilot01]

Yeh it is back, up and running again. There were a few misplaced rumours about them, but they have been sorted out..good luck to those who have entered.

[flyingwelshman]

Am I right in thinking that the last time this scheme took place - it never got off the ground because of:

a) lack of intrest. .b) the rumours on this site

???

FW

[flyingwelshman]

Is this Malgus thing worth £147?

In other words, does anyone know how comprehensive the first round of tests are? What are they liek compared to GAPAN?

FW

[Autofly]

I've heard and read alot of bad things about Malgus but having had a reasonable look at the website can anyone give me one reason why I shouldn't apply.

This time last year i'd shelled out a fair wedge of cash going to see BM, Airtours etc. etc. etc. To be honest I don't think £147 is loads to shell out given there aren't any other sponsorships to be had. Does anyone have any reason why we all shouldn't get our chequebooks out????

AF

[rossco18_uk]

Hi there,. .I found the site a short while back, after picking up a leaflet in my Glasgow University Union. I couldn't believe what I read. Full Sponsorship! I went straight onto the site and checked it out. It seemed very genuine to me. I then went onto pprune chat to see if anyone knew anything there, but nobody did. I have just read this thread and had another look at the site and hence I have applied. I completely agree with the previous thread. Why shouldn't I apply? I mean, yes it is £147.00 but look at what it might get you. Mind you I haven't paid for it yet though. I decided to pay by cheque and so they still don't have my money. I am pretty sure though that I'll go home tonight and write a check to them. After all, if they are genuinely offering full-sponsorship to candidates, yet there are a lot of people who are wary, then all the more chances for me to get in :) Anyway, my date is on the 9th Feb 02 at 12.30pm so is there anyone else who is going? I also live in Glasgow anyway, so it isn't really a bother for me to get there, especially as it is on a Saturday. I have been to the BA tests once, about two years ago and wasn't successful, but then I wasn't prepared, but I'll make sure that this time, I am going to be prepared, as this sponsorship is mine lol. Wish me luck and I will let you know how I get on with the first stage fo tests.

Best Regards

Ross <img src="rolleyes.gif" border="0">

[Peter Skellan]

Someone should really dig out a link to the threads that ran on this in October - any chance WWW or Scroggs?

It seems to me much like a pyramid scheme. Hundreds will lose £147 and one lucky winner will get a course. Personally I like to buy the odd lottery ticket as for a £1 it allows me some fun dreaming. I don't think £147 for the dream of a free ATPL is worth it though.

My concern would be in the final selection. I would be worried that the lucky winner who gets 'selected' is not the son of friend of the chap who runs the scheme. After all, its run by pilots (apparently) who have pilot friends. At least one or two of them will have sons and daughters in the applicable age range who might very well like to follow in Daddys footsteps...

I am a cynical old coot but then its not a fair world.

Peter.

[Busta Level]

Peter,

For once we agree! <img src="wink.gif" border="0">

147 x 1000 = 147000 = 1 place @ 47000 = 100,000 profit.

Nice little earner for someone. Lets not be naieve, people are not going to offer something for nothing.

Like all 'get rich quick schemes' this appears best avoided. Anyone got any more info on it?

[Pilot Pete]

no comment either way, but would it not be more sensible to pay by credit card thus insuring your £147 against fraud?

Just a thought.

PP

[flyingwelshman]

Sorry if I sound thick - but how does paying by credit card help?

Has anyone else decided to go with this malgus?

FW

[Pilot Pete]

Flying Welshman

If you use a credit card you are insured against fraud/damaged goods, so if a company were to go t1ts up after you had paid your money but not got the service you could claim it back from the credit card company.

Not saying this is going to happen, but there seem to be plenty of people asking who this company are, that to me would be enough to make me cautious even if I really did want to partake and lets face it too many Wannabes have been stung in the past with companies promising and then going under.

"That'll do nicely sir"

PP

[TraineePilot01]

I'm sorry "Busta Level", £100,000 profit?? - where the hell did that come from? Malgus aren't just paying for one student, they're paying for up to a maximum 16 students, depending on how many enter in the first place.

People like you who just make up facts really annoy me - research the facts before you just do guess work, and don't put it up on a Pilots website if you haven't.

[Shanks]

"There were a few misplaced rumours about them, but they have been sorted out"

"research the facts before you just do guess work, and don't put it up on a Pilots website if you haven't."

What, not even a pilot's RUMOUR website? I remember the original Malgus postings which accused the PPRuNe site of being totalitarian for removing Malgus support postings, so should we now withhold opposing views? There was a worry that the postings were just an easy form of advertising for Malgus, and then there was some mention of them actually paying for an advertising banner. I haven't seen an "official" advert yet.

Why doesn't PPRuNe offer an equivalent non-profit scheme, say everyone chips in a tenner and we draw the lucky candidate out of a hat at the next GatBash <img src="wink.gif" border="0"> Hmmm, but that doesn't include a selection process....I know, a massive game of aviation based Trivial Pursuit with teams being eliminated until the final team of 2, and the overall winner being chosen on an aviation acronym contest!

[ 23 January 2002: Message edited by: Shanks ]</p>

[distaff_beancounter]

I looked in vain, on the Malgus website FAQs, for "How is this scheme funded?"

According to Companies House, the 2 directors have subscribed a total of £100, so I asuume the scheme is to be wholly funded from the applicants' £147 fees.

The £147 less VAT equals £125. Costs for selection tests, hotel room hire, advertising, website, printing, postage, credit card charges, etc - say - £25. So that leaves £100 to go into the training fund.

Cost estimates - BAE Jerez £50,000. Air fares, medical, pocket money £3000, so total £53,000. (Although Malgus has not been registered as a charity, I am assuming that the directors do not want to take a profit, from this scheme).

So each applicant has a 1 in 530 cahnce of success, Except:-. .Those aho are the dogs whatsits at apptitude/selection tests & interviews, should be able to shorten the odds in their favour. For those who are the dogs' excrement at such tests, Renfrew can be quiet nice for a day out in February...

I understand from previous PPRuNe threads, that Malgus did refund the applicants fees in full, after last years' scheme failed to materialise.

But please heed the usual advice, & pay the £147 by credit card. Then all you stand to lose in this lottery, is your time & travel costs to the selection venue.

I'am off to invest £147 in the National Lottery . . <img src="wink.gif" border="0">

[distaff_beancounter]

This scheme is now being advertised in The Times (24.01.02). So Malgus costs of advertising must be going up. So more Wannabes will be needed to fund each student selected. <img src="eek.gif" border="0">

[distaff_beancounter]

Has anyone decided to have a gamble in this lottery?. .(Remember to pay by credit card) <img src="rolleyes.gif" border="0">

[Little Keepings]

There ain't no such thing as a free lunch!

[clear prop!!!]

Well, I started this thread purely to pass on some info, which might be of use.

I have to say that I am amazed at some of the scepticism and negativity that prevails amongst some of you who purport to be dedicated wannabees.

As has been suggested, use a credit card and if it’s a scam you’re covered.

Do you have any idea how much it costs to self-fund???

Do you have any idea how much it costs to go through the selection process for sponsorships for BM, Airtours etc and then, the part payment??…even if they were available!!

As has been said above, there is no such thing as a free lunch. There is also no such thing as a free ride to an ATPL!

Get real folks! £147 is the thick end of nothing compared to what you will have to spend if you are serious about a career in this business.

I said at the beginning of this post that I had nothing to say about this scheme, but on reflection, if I didn’t have the little blue book, I would give it a go.

You get to try out PARC’s psycho tests. You get the only chance at sponsorship going right now, and you get to meet some of your fellow wanabees.

It’s not much more than the cost of an hour in a Warrior after all, and what are the alternatives??

Try to think positive and grab every slim chance you can get, there ain’t many right now!

(No, I don’t work for Malgus!)

[Mach 1]

I don't think that an undue level of negativity or scepticism has been exhibited on this thread.

Malgus is not a 'scam', at least not in the true sense of the word - of that I am wholly satisfied.

What must be understood by all applicants however, is that for EVERY SINGLE PERSON who pays £147 there will be approx 474 (yes 474!) disappointed candidates, and just one lucky winner.

I agree that with properly administered aptitude testing and an entirely transparent selection procedure, the odds will be better for a skilled candidate than a non - skilled candidate.

However the fact remains that your training will be funded by £147 from each of 474 other 'wannabes' who were unsuccessful.

My advice: if you have a spare £147 then go for it - all you have to lose is £147, and you get to practice aptitude tests and maybe interview skills.

Good luck to all who apply.........I won't be!

Mach 1

PS Odds based on £55,000 to BAE, £8000 to Parc, and the rest for hotel hire, VAT and profit (of which there will be some - Angus and Malcolm are not doing this out of the good of their hearts!)

[Manee]

hi. .has anyone applied 4 the 22nd feb stage 1 at luton.. .thats wen mine is.. .any advice on preparation.

i know most of u are ANTI-malgus, but i am mid way thru my Air transport degree, i just got a bit of spare time at the mo, and am applying to get the practice, and develope a interview technique. and that ALONE i feel is worth £147.

if any of you are applying, or have any advice to help me prepare for the phsyciometric testing and stuff, please send me an e-mail, or post a reply.. [email protected]

thanx people.. .stay optimistic.