10 Steps to
Choosing the Right MBA for You
All
set to start a new life?
Before you jump to conclusions, let’s make it clear outright that this is not about your marriage plans. It pertains to your life-impacting decision of choosing to pursue MBA which will play a major role in your career as well as your life afterwards. For a satisfying, growing and rewarding career, it is essential to choose the MBA program wisely because this degree will not just trigger your occupation but will also propel you in the suitable direction you want for your career.
Before you jump to conclusions, let’s make it clear outright that this is not about your marriage plans. It pertains to your life-impacting decision of choosing to pursue MBA which will play a major role in your career as well as your life afterwards. For a satisfying, growing and rewarding career, it is essential to choose the MBA program wisely because this degree will not just trigger your occupation but will also propel you in the suitable direction you want for your career.
In
order to enable the students to make a well-informed and better choice, we have
decided to come up with reference information comprising of factors influencing
the choice of the course or the relevant MBA.
Let’s
learn more about this:
1.
Accreditation/Accreditation authority: the most vital thus necessary
aspect is to examine the accreditation of the college/ school prior to taking
the admission. No-one wishes to regret, after spending loads of money only to
figure out, that the institute/college/university or the program doesn’t have
the pre-requisite permission and certification hence it has zero relevance in
the occupational industry. Therefore, a check for college/ school accreditation
is a must.
2.
Location: with the advent of globalisation,
MBA programs are available across the span of geographies and locations. One
shall deeply analyse as to which area of the world and which sector they wish
to be employed in and what are the placement statistics of the institute
pertaining to the same.
3.
Admission Statistics: instead
of feeling confused,
it is recommended to put extra efforts to statistically determine the category in
which your scores fall in the list of colleges. Look out for the last year’s
merit list to have a clear idea.
4.
Program Offerings: Each B-School’s has a unique
and differentiated curriculum. Some offer global internships, some emphasize on
other key areas such as general management, technical skills. Spend some time
to analyse your requirements Vs the curriculum offerings, prior to proceeding
with the admission.
5.
Ranking
Figure
out clearly as to what you essentially desire to do after getting out from a
business school. It is important to know your program ranking to proceed with
the admission. We are not talking about only the overall ranking but also where
your school may rank in a particular area of study.
6.
Student Experience: Nobody can depict a clearer picture of a
program more than the previous students and alumni. Interact with the previous
students to know more about a particular course, ask them about their
experiences, knowledge enhancement, recruitment trends and details of the
business school. For the social media
savvy generation that’s not a difficult task.
7.
Consider the Faculty: A good faculty helps building in good leaders
and managers. Learn more about the faculty members to set right the
expectations on learning and guidance.
8.
Know the Culture: Different
geographies lead to diversity
in cultures. You shall efficiently research about the culture of your desired b-school
before proceeding with your admission as this will help in adapting yourself to
the new environment.
9.
Learning Model: Each b-school follows different
learning protocols such as lectures, case-studies, reliance on guest speakers,
field programs, guest projects and internships, to help in understanding
different theories behind a program’s learning model. Find out which method
works best for you and accordingly make your choice.
10. Financial
Aid: Financial aids such as scholarship, loan-assistance program and
fellowship play a crucial role in selecting a program. Some b-schools offer
financial assistance for business competitions or field based work during the
school program. Dwell deep on your financial resources as well as constraints and
keeping in mind the amount of scholarship offered Vs other factors detailed
above, make a decision.
11.
Placement: last
but definitely not the least, scrutinise the placement trends of the selected
choices. Their placement statistics shall be available on respective
websites/social media pages. The specialised education is of no good unless
industry has been absorbing students from the program/module. Also understand
that there are loads of compatriots venturing out at same time for limited
number of jobs. One doesn’t wish to be lagged behind in the completion with
other students who would carry the advantage of their institute doing the
ground work for placing them. Hence placement trends and results shall play the
most prominent part in your decision making.
We
hope that this guide will help you with selecting a program as per your requirements
and expectations, to help you with growth in your career.
Happy
hunting
