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Top 3 Factors To Consider When Choosing An MBA Program

By 5th August 2022No Comments

While you are looking for the ideal MBA school, there may seem to be a lot of things to take into account. What aspects need to be taken into consideration?

Remember that the end goal is to find a school that gives you the best return on your investment, not just in terms of personal growth but also in terms of showing value to a current employer or employers in the industry you want to work in.

This is not an exhaustive list, but below are a few factors you can keep in mind as you consider your suitability for MBA programs.

Top 3 Factors To Consider When Choosing An MBA Program

1. Consider who your competition is.

While you are looking for the ideal MBA school, there may seem to be a lot of things to take into account. What aspects need to be taken into consideration?

Remember that the end goal is to find a school that gives you the best return on your investment, not just in terms of personal growth but also in terms of showing value to a current employer or employers in the industry you want to work in.

What factors should you consider when selecting schools? In no particular order, below are a few tips.

2. Consider the expectations, given your background.

Age/experience:

If you have closer to 6+ years of work experience, your GMAT doesn’t necessarily need to be as high as someone with just a few years of work experience, as they are more recently out of university and have less experience for the admissions committee to evaluate.

Undergraduate GPA:

If you didn’t do well in your undergraduate university program, it’s all the more important for your GMAT score to be exceptionally high to show business schools your academic potential. A higher GPA from another course, such as a master’s, will also help significantly.

Work trajectory:

B-schools like to see a dynamic career trajectory. Were you promoted every year or two? If not, think about how you can show you are added to responsibilities at work.

3. Consider the traits you can highlight.

International outlook:

The more competitive MBA programs in the US tend to expect applicants to have some kind of global outlook—whether you studied abroad, worked abroad, learned another language, worked with teams or clients from other countries, etc. It’s not a formal requirement, but it can help you stay competitive.

Management experience:

Even if you didn’t manage people directly, did you address them indirectly? Or, perhaps you manage projects, products, accounts, clients, or relationships. Management skills can be shown in diverse ways.

Leadership experience:

Leading teams, training or mentoring others, spearheading projects or initiatives, or starting and running your own company are examples of leadership. B-schools are interested in applicants with strong leadership experience as well as what they’ve learned about themselves as leaders. If you feel your profile is weak in this area, try building on this and/or consider applying to slightly less competitive programs.

Teamwork experience: 

If you didn’t work with others during work, you could have a tough time competing in the MBA applicant pool. Consider highlighting teamwork outside of work in that case – volunteering, activities from university, etc. How have you shown you can work well with others? This is crucial for b-schools.

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Tiffany L.

Tiffany earned degrees in East Asian Studies and Law from Harvard and UC Berkeley. She studied abroad at Tokyo University, published articles in several law journals, and interned at Warner Brothers Studios and the Writers Guild of America. After gaining experience counseling non-profits in Berkeley, she worked for California law firms specializing in restaurant law and video game law. For the past several years she has enjoyed teaching and advising applicants on their applications to diverse programs, and her track record includes LSE, Cardiff, Bristol, Manchester, Cornell, NYU, Emory, Tufts, and Columbia.