A Master of Business Administration degree can provide you with the necessary training to be a leader and economic agents in the public and private sector companies. In the financial sector, for example, employers assign higher posts and salaries for an MBA. The MBA also provides you with the educational background to prosecute State-authorized public accountant or prestigious Chartered Financial Analyst certifications. Students can pursue MBA degrees on campus or online at full-or part-time. For most students, MBA programs take about two years to complete.
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1. Click “apply now” button on the websites of the universities to which you plan to make application. Open an account on the website and use your username and password in order to complete the application. As an MBA program applicant, you will need to provide the University with information about your professional background. Generally you do not need to have a bachelor’s degree in industry to apply for an MBA program, but you must have a bachelor’s degree to qualify for admission. Some universities require you to submit a statement of purpose, which includes your academic and career goals. Pay the application fee and submit the application.
Send your college transcripts, letters of recommendation and GMAT score separately. From 2011 GMAT allows you to select up to five MBA programs to receive score reports, when you register for the exam at no additional charge and charges $ 28 for each additional score report then.
2. Enroll in MBA courses. MBA programs require you to fill out the graduate-level core business courses. Core courses are those courses that you must pass to be considered competent in this area. Core courses include finance, accounting, statistics, entrepreneurship and corporate governance.
3. Complete coursework in your specialty area. You can serve a general MBA or take courses that allow you to specialize. Such specialty areas include marketing, human resources, public administration, health services administration and international business.
4. Complete an internship. MBA programs often require students to get hands-on experience in the field during the last semester of coursework. MBA interns work closely with business management staff at major private and public companies in order to gain real-world experience in their area of expertise. You can apply for MBA internships on your own or use your university career services to find and apply for internships.
5. Complete your final project, if required. Some MBA programs consider cumulative research projects you complete during your training is sufficient to assign your education. Others require that you complete a comprehensive project to be eligible for graduation. Such projects may include researching an in-depth area of business or write a comprehensive business plan for a future entrepreneurial life.
There is no “right” age or length of work experience necessary for applying to an MBA program. Incoming students range in age from 23 to 43. The average age for most full-time students entering MBA programs is between 25 and 27.
Business school admissions are based on three basic criteria:
- Undergraduate GPA
- GMAT scores
Experience is not limited to work history, but also includes personal life experiences, travels, volunteer work, and hobbies. These experiences should be reflected in application essays and recommendations.
GPA and GMAT scores are important, but experiences outside the classroom can count just as much. Remember that you must convince an admissions committee that your abilities and experiences will make you a valuable addition to that program.
Many schools now emphasize diversity in their admissions. The concept of diversity extends beyond ethnicity to include life experiences. Individuals who can show something unique about themselves, individuals who can enhance the learning experiences of their classmates, are actively sought by admissions committees. Not everyone has to be a fighter pilot or a rock star, however, to be a successful applicant.