ESSEC Business School Cergy - Pontoise

MBA, International Luxury Brand Management (1 year)

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MBA CHECKLIST: IS THE MBA RIGHT FOR ME?

What do I want to achieve with the MBA? Which course is right for me? And how do I finance the whole thing? Before deciding on an MBA program, you should be able to answer the following questions.

Before you start an MBA course, you should be sure that it is the right decision. The MBA should not only help to jump on the career ladder, but also bring personal development. Not to forget the financing, the time factor and the acceptance of the employer. The following ten questions can help you decide for or against an MBA.

1. WHY DO I WANT TO DO AN MBA?

Is it really my goal to get an MBA or do I let other people's expectations and desires influence me?

2. DOES THE MBA LEAD ME TO MY PROFESSIONAL GOAL?

To answer this question, you need to think about what your professional goals are. A leadership position? The entry into another branch or another area of ​​application? What exactly do you want to achieve with the MBA?

3. WHICH FORM OF STUDY FITS MY GOAL?

You don't even do the MBA on the side. If you want to study full-time, you have to take a break from work. A part-time course is ideal in addition to the job if you can work with a reduced number of hours for a while. Whether you are disciplined enough for distance learning or prefer fellow students around you is also crucial for choosing the right form of study.

4. DOES MY MBA WISH STAND IN THE WAY OF OTHER GOALS I HAVE?

The MBA will keep you busy for around two years. So you should think carefully about whether there will be any fundamental changes in the next few years that could mess up your plans. From starting a family to a Sabbath year to starting your own business, everything is possible.

5. WHEN AND WHERE DO I WANT TO STUDY?

In addition to the form of study, you should also think about when and where. Are you staying in your home town or is your MBA degree a welcome reason to move? First of all, you should of course clarify which universities offer your dream course at all. In our course database you will find an overview of the MBA courses.

6. WHICH BUSINESS SCHOOL AND WHICH PROGRAM SUIT ME?

To answer this question, you have to take a close look at the type and content of the course as well as its admission requirements. An Executive MBA can sound so exciting. If you don't have enough work experience, you won't get a place at university. When choosing the university, you should pay attention to the profile of the respective faculty. A look at ranking positions and accreditation is also part of the thorough preparation.

7. DO I HAVE ENOUGH COMMITMENT AND PERSEVERANCE?

An MBA is hard work and requires a lot of discipline. In this respect, you should be honest with yourself on this question and ask friends for their opinions. After all, it would be damn annoying and a shame for the nice money if you quit your studies after half a year.

8. JOB AND STUDIES - CAN I RECONCILE THIS?

Even if you are so committed, you cannot just combine a full-time job and an MBA. Talk to your employer about whether you can temporarily reduce your working hours. You should also be able to organize your time as flexibly as possible while preparing for the exam.

9. DO MY PRIVATE ENVIRONMENT AND MY EMPLOYER SUPPORT ME IN MY PROJECT?

You should be aware that an MBA is a huge time and financial burden. Your family and employer can relieve you of both factors. To what extent they are ready for this, it is best to clarify before the going gets tough.

10. HOW DO I FINANCE MY MBA DEGREE?

According to the latest MBATrends study, most students fund their MBA with their own savings and with the support of their employer. In third place are scholarships and state support. You can find tips for financing your studies here.