Thinking About Getting an MBA? Here’s Where to Start

Joining the ranks of MBA graduates is a time-consuming and costly endeavor. Getting into a top school, which arguably gives you the best options, is not easy. Many students still choose to do it. Maybe the promise of a starting salary of over $100,000 is what attracts them, even though getting to it often leads to considerable debt. Or it might be the fact that business schools provide valuable knowledge for self-starters and entrepreneurs. It’s an important decision, no matter what the reasons behind it are.

If you are considering getting an MBA, you need to do a lot of research before you decide whether an MBA program is the right thing for you. With so many different things you need to take into account, it might be difficult to find a place to start. So here are a couple of tips.

What Do You Want?

The obvious starting point for your inquiry about getting an MBA is you. You need to understand what is it that you want to get out of an MBA program, apart from a degree. You also need to understand what is it that you are willing to give up to get an MBA.

An MBA can be your path towards different things. It can help you advance your career. It can increase your chances of getting a good first job. It can help you break into a new industry. After getting an MBA, you probably expect to land somewhere better than where you are right now. Do you have any idea what that might be? There are several career paths your MBA can lead you to. Your desired career path should be one of them.

What Are the Best Schools?

School ranking is one of the most important criteria you will have to research when deciding on an MBA program. It is true that every one of the top schools has a sort of a “specialty.” But still, you should probably always aim at the highest ranking school where you can enroll. You’ll find school rankings easily, most online publications that focus on MBA have them. You can also turn to some of the respectable publishers for their take on the best MBA schools.

Can You Commit to Full-Time Studying?

As mentioned before, getting an MBA can be expensive. It’s also very likely to leave you in debt. On the other hand, you might already have a job you don’t want to leave. You might be in a situation that you have no other option than to work full-time and go to school part-time.

You don’t have to go to school full-time to get an MBA. If you are looking for ways to lessen your burden, you have options. You can enroll in an online MBA program, maybe even one without a GMAT requirement. Or you can try to find local colleges that offer part-time programs for professionals. Remember that you don’t have to quit your job to get an MBA.

Find Out About School Performance

If you are going through all the trouble of getting an MBA, you might as well get something tangible from it, right? Well, you should be aware that some schools will promise a lot and then underdeliver. Every school has its own track record regarding how useful they’ve been for their students. That track record is something you should investigate.

The Internet is always a good place to start. Do thorough research about the colleges that seem appealing to you. Look for mentions from previous students, but also from employers. It would be best if you manage to find several former students and ask them a couple of questions. They will probably have a lot to say. The school itself might have some information about its success, but you should take that information with a healthy dose of skepticism.

If you do these things, you’ll have a solid foundation for making a decision. You can build on it further if you want. You can take a closer look at the methodology the schools apply. You can look at the curriculum to see how relevant it is for your goals. You can also talk to admissions officers to see how good of a fit the school is for you. The important thing is to remember that you should be aware of your motivation, and aware of everything you can realistically expect to get from a school. And only then you can make a choice.

Post a Comment

You must be logged in to post a comment.

  • Categories

  • Archives

  • Latest from Twitter