When Is the Best Time to Get an MBA?…!!! – September 23 2016
Getting an MBA involves significant investment in time and money. No wonder the business school application process is intense. It is therefore important to give a lot of thought before going into the process. You cannot take full advantage of the B-school experience without being prepared for it.
Getting an MBA, if you know what you are getting into, can be a life and career-changing move. These tips will help you decide whether you are ready for an MBA from a Top Institution like GIBS B-school.
Business school is not a place you go, to figure yourself out, or to get away from the working world for a bit. MBA programs at top business schools are fast-paced and to be able to fit in, and make the most of the time there, you need to have a plan. Knowing your post-MBA goals is important – where you want to be career-wise, as well as, in life. Do you want to work globally, start a business of your own or move into higher management positions within your current organization?
Top business schools want to know you have given a lot of thought to the prospect of getting an MBA, and will take the opportunity seriously. When you know how an MBA will help you to achieve your career goals, you’ll be ready to apply to B-school, and ready to ace your admissions essays and interview.
Talking to alumni of schools you want to apply to, gives a better understanding of how their lives and careers have changed post-MBA. Once you’ve done your research about the realities of getting an MBA, you’ll be ready to decide if applying to business school is the right choice for you. You’ll also be in a better position to defend your MBA aspirations.
When choosing the B-school that will be the best fit for you, take into consideration factors such as campus ambience, Infrastructure, program length, alumni network & support, available courses and areas of concentration, teaching methodology & style and family support. Be realistic about what is important for you, and what all you are willing to compromise on. Sometimes even a highly ranked school may not be the right fit for you.
The final point before deciding whether you are ready for B-school, knows if you need to improve your candidacy before applying. Find out what the schools on your list are looking for in their candidates, and work towards improving your profile accordingly.