The benefits of getting an MBA from ANY random institute will not pay off for your specific career goals in the long run. Being an MBA aspirant, your goal doesn’t end with cracking MBA Entrance Exam, clearing interviews and essays and entering b-school. There are many more that one should consider or keep in mind before applying to Business School.
Applying to Business school is a long and planned process, you need to think more than just CAT/GMAT/Other MBA Entrance Exam. Before enrolling in any B-School this utterly necessary to know in depth about the prerequisite of any culture, benefits of the Business Schools (where you like to apply), application process, ROI of money, time and efforts, Course Structure and many more.
Points to Consider When Applying to Business School
1 Visit campus premises
Most often people assume that the campus visiting is not that necessary if you have visited the site or asked the alumini but no matter how well ranked that campus or institute is, it is must to know new location, a new home, or in this instance a place of study.
If one can’t afford the cost of visiting any Insitute then also many programs offer visitation days and events to ensure you learn more about the campus and program firsthand. Also many institutes provides University representatives in different cities, one can contact them and get all the required information.
2. Goodwill of university
The reputation and brand name of institute matters considering future employers may have a more favorable impression of reputable MBA programs.This works in reverse also,to get a seat in reputable institute you will need a impressive academic and personal qualifications.
3. Course Structure of institute
Every Institute has their course plans of each programs mentioned on their websites. So it is better to study a program that will help improve them, or one that enhances your solid qualitative knowledge.Opt for the schools that will best prepare you for your planned career.Some institutes also offer courses online if you are thinking about full-time or part-time job,you are look for programs accordingly.
4.Future Plans
Choosing programs according to thr future plans is must. One must not just opt for an program impulsively but they should think about their future plans and then choose for an appropriate program. Taking this into account will help you to decide whether general management or a specialized MBA program will be the best fit.
5. Connections with alumni
Being in a network of alumni is beneficial everytime. But it’s not just alumni connections you should look at – alumni can also serve as an estimate of where your career could be after graduation. Talking and reviewing from alumni can help you know your future scope in respective fields and decide whether a particular degree would be useful in their field.
6. Everything Else needs to be considered
Before opting for any program in any specific institute it is must to consider other things like whether you want to live in urban or rural? Are you in a relationship? Do you have a family to consider? Do you want to be close to your family rather than struggling with long distance? And any such other thing should be considered as personal criteria should also be considered.
7. Career Opportunities
This is really important to look into the account of career opportunities an institute provides. To always know how strong is recruitment at the institute you’re considering? How much support will you require as a student? Does it match to the requirements of your dream job? Will the career development centre of that institute is this much capable to offer you the job you deserve.
8. Other than Academic skills
Most often people underestimate the extra-curricular skills which are not valid actually. Cultural or political skills help the candidate to develop the overall personality they would require to make them improve in the coorporate world. So always consider your chosen business school offers you the opportunity to develop those skills.
9. Is it worth?
Most candidates know about the expenses which would come hand in hand with this degree ,this would not be pocket friendly for sure. Hence, the candidate would be in debt for sure.
So before pursuing in any institute, you should know in your mind that the how the amount you are paying will be recovered back? The return on Investment (ROI) of an MBA degree is worthful or not?
MBAs are almost great long-term investments, but you can save yourself from added stress by being aware of the budget you’ll need to live on during and after the program. Always remember the return should always be equal or mosttly greater than investments.
There are many different factors to be looked on when applying to Business School for admission. In the hope that we have made the points much clear to make your decision making the process a little easier. If still, some doubt or query, please post on our AfterGraduation forum or in below comment box and we would be happy to discuss on that.
There are many such aspects which one should keep in mind before entering in any B-School . Such points help them achieve their goal easily and efficiently. Investing money and time should be considered rather than Wasting money and time ,dont forget MBA may require efforts but once graduated,the candidate will be capable of several high profile jobd as well as can stand on their start ups.
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