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24 May, 2022
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MBA Degree Aspirants

Must Know Tips for MBA Degree Aspirants in 2022

If you are applying for the Master of Business Administration (MBA) You are motivated because you know how the degree can benefit your future career. Before you are able to begin to enter the business world you must complete the application process and meet certain prerequisites. If you’re looking to pursue your MBA abroad, you must be prepared for a challenging and costly application process.

As the process of applying to an MBA is a major decision in your personal, academic, or professional career, we’ve put together the essential 10 steps MBA checklist for applications. It will summarize the essential elements you need to think about when preparing your application.

We’ve also sprinkled a little magic to make your MBA application succeed, using advice from us and professionals in the industry who work with MBA applications on a regular basis.

1. Find the ideal MBA degree

Select an MBA Specification

Prior to applying to an MBA program, you’ll first choose the MBA specialization. There are plenty of choices available. We’ll provide a few options to help you get going, but don’t hesitate to look up your favorite subject:

  • MBA for General Management
  • MBA in Marketing
  • MBA in Entrepreneurship
  • MBA of Engineering Management Engineering Management

Select a business school to earn your MBA degree

Based on the most recent QS Rankings, these are the top MBA schools that are suitable for future MBA students:

  • Stanford Graduate School of Business, The US
  • London Business School, the UK
  • HEC Paris, France
  • IE Business School, Spain
  • SDA Bocconi, Italy
  • Copenhagen Business School, Denmark
  • IMD Business School, Switzerland
  • Melbourne Business School, Australia
  • National University of Singapore (NUS), Singapore

Here are some other businesses schools that we suggest:

Northeastern University, the US

Hult International Business School, the UK

BI Norwegian Business School, Norway

Sustainability Management School (SUMAS), Switzerland

Maastricht University, the Netherlands

Select between on-campus or online MBAs

Naturally, the following step would be to decide the best option between the in-person MBA as well as an off-campus program depending on your timetable and options. If you find online MBAs more appealing, look into:

  • MBAs online at schools in the US
  • online MBAs offered by Universities in the UK
  • Online MBAs from universities in Spain
  • online MBAs at universities in Switzerland
  • Online MBAs offered by universities in Australia

Also, you can heck out a Joint Degree Executive MBA Program in Mumbai by IIT Bombay and Washington University in St. Louis. 

2. Create the transcripts of your records

An undergraduate degree that is accredited is a must for an MBA application. Make sure you prepare official transcripts to prove your academic achievements and previous studies.

Based on where you’re from as well as the college you intend to attend There will be additional documents you’ll need to submit. The most essential documents are passports and proof of identity documents or their copies which are usually translated into English.

In most MBA programs, you do not require a Bachelor’s degree in Business itself to earn an MBA. These programs are designed to attract people with different backgrounds to join their ranks.

3. Think about if you require an A-grade for your MBA

The GPA or grade point score is the sum of the value of your grades in previous classes. The GPA can be calculated simply by adding all the grades that you earned in your final exams and then dividing that score by the number of grades that were given. The GPA is calculated on a scale of 0 scales from 0 to 4.0 scale. A 4.0 score is what is known as the “perfect” GPA score.

Most business schools will typically require a GPA score that is between 3.5 to 3.7. If you’re from a nation that uses an alternative grading system and one that does not use GPAs and the school can convert your grades or request additional information. Contact your particular higher educational institution to learn the exact score you need to aim at.

Advice on your GPA from an expert:

Professional experience and personal qualifications can be a great way to overcome a mid to lower GPA. Karen Marks explains how she has helped students who have at least a 2.4 or 2.6 GPA get admitted and supported at top business schools:

They must demonstrate that you personally are amazed that it’s worth accepting the low scores and taking on the academic risk. Talk about the significance of this opportunity to you, the reasons you believe the school is perfect for you, and clearly discuss what you’ll be able to contribute.”

4. Make sure to take your GMAT and GRE scores seriously

The majority of MBAs are required to take Graduate Record Exams (GRE) as well as the Graduate Management Admission Test (GMAT) scores in an application. According to Stacy Blackman, an admissions consultant explained to The Economist: “In a field of highly qualified applicants GMAT scores are a must. GMAT is a vital screening instrument.”

It is also worth taking to take the GRE test. If you believe that you think the GMAT is too rigid then the GRE can be a good alternative. The GRE test has questions that test the type of analysis and thinking that you’ll be doing at business or graduate school.

We recommend that you enroll in special classes that will help you to be prepared for your test thoroughly. Both GMAT and the GMAT and GRE results, are valid for five years from the date you receive them.

5. Make sure you have a resume and professional knowledge

A solid professional background indicates you’re in a position to enhance your skills. This is why it’s crucial to prepare an attractive and concise resume that highlights your most recent accomplishments.

What should stand out on your CV is your most distinctive selling factor. What is the thing that makes you the ideal person to go to your ideal business school?

Pro tips for your MBA resume

Chioma Isiadinso explains in The Financial Times: “You can have a group of investment bankers working similar deals however the schools will select just one, or maybe two. They are the ones who demonstrate how they can add value beyond simply performing their job well… Learn your uniqueness and the way you can contribute value.”

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