
Taking an MBA is an important decision that cost's both money and time, but if you choose the right business school it can propel your career to new levels.
Here's a 10 tip count down to help you choose the right MBA for you:10 Research post-MBA career opportunities Make sure you know why you want to take an MBA and have a clear idea of what you may want to do when you graduate. It is often the case, as in college, that your career goals change. Thus, being as you are about to make a big investment of your time and money, be sure to give your decision the proper amount of thought and research.
9 Identify business schools of interestDevelop a criteria to assess business schools - such as location, recruitment, school reputation, tuition, faculty, student body, etc. In this first step you want to start with the largest number of schools and then apply your criteria to each to narrow down your choices. Although the schools you are currently considering will end up in the narrowed down list, you may be surprised to uncover some other schools as well. Keep in mind that you don't want to undersell yourself and automatically exclude the top schools. If you're close to borderline for admission, there are things you can do to increase your chances. (Read on.) Establish criteria such as courses offered, companies that recruit at the school, opportunities for internships, study abroad, etc.
8 Prepare for the GMAT and TOEFL if applicable.Don't take this test unprepared. Also, this may sound strange, but I do NOT recommend a GMAT review course. I took one and disliked it. The course moved at the pace of the group's slowest student and I had to drive to a classroom when I could have spent the commuting time studying instead. I recommend buying a good book or two and studying at your own pace and at your own optimal hours.
7 Know why you are going to business school.Be prepared to explain why you are leaving your job or why you want to pursue an MBA right out of undergrad. You can be sure you will be asked this question at least once in an essay or during the admissions interview. If you are employed and your employer does not know you are considering an MBA, make arrangements to get a reference from a trusted colleague.
6 Make sure your application and essays are immaculate.It is often the case that the admissions staff reading your application and essays will never meet you in person. Do not squander this "first impression" by allowing any mistakes (applicable only to applications submitted via snail mail), misaligned page margins, or inconsistent fonts. These types of things can make the difference between being admitted and being rejected, so it is recommendable to take this to heart.
5 Have someone proof your admissions essays.The importance of having a third party review your application essays can not be stressed enough. Make sure the proofreader has good grammar and is committed to spending quality time with your essays. Do NOT try to proof your own essays all by yourself. You may catch a lot of your own errors, but chances are some silly ones will get by you. Why? Because when you wrote the particularly awkward sentence, you know what you meant to say. Unfortunately for you, the admissions staff are not likely to be as impressed by an unclear and awkward sentence.
4 Don't be afraid to use an admissions consultant.You're about to make a major changing life decision and tens of thousands of tuition dollars and years of your life are at stake, not to mention future career paths. You can find a good consultant who will cost you less than you'll spend on application fees and taking the GMAT test. A good consultant should help you identify your best personal strategy to gain admission and steer you towards the business schools for which you're best suited. They are also perfect for proofing essays (see #5 above) and they can really help ease your stress during this taxing time period.
3 Take the optional interviews and prepare for them.Don't be lazy and opt out of these interviews. View them as additional opportunities to present yourself in a good light, and hence, increase your chances of being accepted. But don't forget that these interviews are also opportunities for you to learn more about the prospective schools. Although the top schools will allow you to interview at remote locations with a volunteer alumnus, I advise interviewing on campus since the alumni are not usually as current with the MBA programs.
2 Visit the campuses of any business schools you think you would like to attend.To continue with the last point, the interview often presents a great opportunity for you to visit the campus and speak to the admissions staff and current students. You should call the school in advance and tell them when you are planning to visit. Most schools will gladly arrange for you to sit in on a class and receive a guided tour of the campus. Finally, do not be afraid to approach students and solicit their views of the school. Most of the time, students are glad to talk to prospective applicants (remember, most of them were in your position just a short while ago) and MBA students in particular are often quite willing to offer blunt opinions about what they like and don't like about their programs.
1 Be absolutely certain with your decision to get your MBA and your business school of choice.Most MBA students are happy with the decisions they have made with regards to choice of business school. Nevertheless, there is a significant minority of talented, well-adjusted people who end up unhappy. The reasons are as varied as the people themselves and include separation from family and friends, undue pressure to attend business school from relatives and co-workers, and career choices that do not require the MBA degree. For this minority, a lot of time and money is wasted as a result of their bad decisions.
Good luck finding your MBA!
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