People typically pursue an MBA because they are looking to improve their career opportunities. MBA programs can be compared based on attributes such as rankings, starting salaries, recruitment/ job placement opportunities, and net costs. In addition, there are other factors that potential candidates focus on such as predominant teaching methods, size of classes and location. These are all important considerations; however, you are investing time and money when you complete an MBA program. Therefore, as you start the process, focus on your objectives for getting an MBA.
Where do you begin?
Research extensively the schools you are interested in. Look at the entire two–year experience and determine if the program will give you the skills you are looking to acquire, the resources you need, and the network you want to develop. Take a look at such attributes as quality of student life, teaching methodology, faculty orientation (research versus teaching), and size of program. Location should also be a consideration because as can be expected, schools in the financial centers can easily attract guest lecturers in the financial services while other areas may offer expertise in areas such as healthcare or luxury brand management.
Understand your profile. Many facts are considered in the admission process, including academic background, professional experience and progression, achievements, leadership potential, awards, hobbies, and test scores. Your performance in your prior academic program and test scores help shed light on how you will thrive in the program. Another key area that is considered will be your stated goals and how you expect the program to help you achieve them. Understanding all these areas is the starting point for developing a personal branding strategy and help you stand out among other MBA prospects.
Finally, apply to a wide range of schools. Apply to schools that have higher GPA or GMAT results – “reaches” -as well as ones that have lower ones. The process is highly subjective and you never know what combination of attributes gets you admitted.