So you want to be an MBA graduate. Where does this journey start? When it is your first day in your chosen MBA college? No, it starts a lot earlier than that; right when you decide that you want to pursue an MBA. What’s the first step now? You understand what’s involved, and starts listing down schools to which you can apply. Sounds easy? Not really, because this is where most of you are bound to make a mistake. Is there something that you can do to avoid? Read on, and you’ll find out.
It all starts with a lack of research
Why do most MBA students select the wrong college for themselves? Because their research is not thorough enough. There are tons of MBA schools out there, and you must research each of them well. Yes, your scores will help you in cutting off a few names, but there are other things to consider as well. The faculty, the reputation, the fees, the alumni and their success stories, the electives offered, the support provided plus other factors. Evaluate schools on the basis of all of these, and then decide the ones that you can target.
And then it’s about not taking enough chances
A lot of prospective MBA students simply cut off schools because they think they will not be able to get in. This might be true if your scores are on the lower side, but we’ve still seen many applicants who underestimate themselves. They don’t even try out and decide without even applying that an MBA college won’t take them in only because it caters to certain ‘cream’ students.
Be realistic, but take chances. Who knows you might be able to get through.
Don’t just apply to one or two MBA colleges
There are so many MBA students who will apply to only one school. Wrong approach. Apply to a number of them, even if they are not your top choice. Ideally, your targeted MBA colleges should contain a mix of options. Use your scores to gauge your candidacy, but don’t limit yourselves to colleges with an average score about the same as yours. Also go for ones with average scores higher and below yours. Cut-offs change every year, and you can never know when things will tip in your favors.
Fees: Highest isn’t always the best
There are several MBA colleges that offer quality education and do not charge on the high end. So many prospective students believe that only the most expensive schools are the best, but not always.