Top Five Reasons Why You Should Do An MBA

 1. An MBA can help in career advancement

One of the most common reasons for doing an MBA is that for many people it can be the next step in their career. Sometimes, after working for some time, people find that they have reached a certain level in their career, and they need something else to reach management-level positions. An MBA can add specific business skills to your toolkit, such as leadership or strategic thinking that will be good firepower when applying for management-level positions or promotions.

2. An MBA can help you meet people

It has been said that it is not what you know, it is what you know. If you do an MBA, you can meet many people: you will be surrounded by professors, faculty and students from all over the world. Internships - which are essential components for many MBA programs - are a way to get a foot on the door in companies and industries in which you are interested.

And in addition, most vocational schools will sponsor events such as panels and mixers, where you can meet people from the business world and beyond. Additionally, the Career Services Departments of many vocational schools will host networking events where potential employers will come and introduce themselves to you and your fellow students. All these will prove to be invaluable assets in the pursuit of jobs after graduation.

 


3. An MBA can help you learn about other functional areas and industries

Students who want to move from one industry to another will find that an MBA can help them with specific information that may be necessary for a new industry. For example, switching from retail to the energy sector may require specific knowledge about regulatory issues or energy policy.

Similarly, from one functional area, like information technology, to another, like marketing, a different way of thinking about business may be required.

In either case, some students feel that a specialized MBA program can help bridge those gaps.

 

4. MBA program can help you move to a new place

An MBA program can be a good way to transfer to another city, or even another country. Just living in a new place for a year or two can help you with land maintenance, find the companies you want to work for, and arrange meetings with potential employers. In fact, many students choose their MBA program by location - with a long-term view of living and working after graduation.

Those who want to move to a new country should be aware of the visa rules. Some MBA ranking rates are based on a metric called school "international mobility", meaning the number or percentage of graduates who end up working in a country from which they are different.

 

5. An MBA can help you make more money

The bottom line is that a good MBA program can provide a measurable increase in salary. In fact, for most trusted MBA rankings, the post-MBA "salary increase" is one of the main metrics for recognizing school quality in relation to others.

 

Am I a good candidate for MBA

If you are thinking about doing an MBA program, you can ask yourself "Am I a good candidate?" Of course, the answer depends on which schools you are applying to and what these schools are looking for. However, most vocational schools will require some core things, such as first degree, work experience, and a competitive GMAT score. Other aspects, such as extracurricular activities, may make you more attractive to a vocational school.

Work experience (important)

For most accredited MBA programs, candidates will require at least two or three years post-degree, full-time work experience. However, many applicants have more work experience than the bare minimum. Your competition can be gauged by comparing your work experience to the average of the average students enrolled in the MBA program you have accepted. Many business schools disclose the average participant age (some profile listings in the FIND MBA include this information).

If you have considerably less work experience than the average, the business school may look at other parts of your application to see if you stand out in other ways.

 

 

Standardized Test Score (Vital)

Although the GMAT is not required for admission to some MBA programs, most accredited business schools want you to take it. They will check your score to see how much you fit into their MBA programs, especially "core" classes. Some business schools will have a minimum GMAT score as a prerequisite to apply, but often, you can estimate your competition by comparing your GMAT score to the average score of accepted students, often from the business school This information for some business schools is also found on the website (FINDER also provides). If your GMAT score is much lower than the average, other parts of your application will have to be strong to balance it.

For some MBA programs, you can take the GRE instead of the GMAT, and some business schools offer their own entrance exams.

Finally, if you are a non-native English speaker, you may be asked to take a language test, such as TOEFL or IELTS (for the English-language MBA program).

Graduate performance (important)

Beyond work experience and standardized test scores, business schools will also examine your undergraduate GPA and other indicators to see how well you can do in an academic setting. Some MBA programs will be looking for specialized types of undergraduate degrees: some require a four-year degree, for example.

Extracurricular

Although not usually required for vocational schools, anything you do outside of work or school, such as volunteer work, club membership or the like, can strengthen your application.

Interview (usually required)

After reviewing your application, most business schools will require at least one interview to be admitted to the MBA program. These typically occur in person, although some vocational schools will conduct these using telephones or videoconferencing.

Qualification of a good MBA candidate:

• Work experience: At least two to three years

• GMAT or GRE score

• Bachelor's degree with a good GPA

• Extracurricular activities (supporting)

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