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Find Business SchoolsObtaining a business degree is always a worthwhile investment, but earning your degree from a top-ranking business school can greatly enhance not only the relative value of your degree, but also put you ahead of the pack with prospective employers, improving your chances of landing a high-paying, satisfying job after graduation. Getting into a top-ranking business school is no easy feat. But by keeping your grades up, creating a well-rounded portfolio of experience, and honestly assessing your strengths and weaknesses, you can increase your chances of getting into the business school of your choice. Below are some general guidelines on the admissions process and prerequisites used by most top-ranking business schools to help you prepare your business school acceptance plan. Business School Application MaterialsGraduate business school application materials generally include:
Typical Business School Prerequisites
B-School PrerequisitesAn undergraduate degree in any field qualifies you to go to business school. Admissions committees are looking for talented students who earned high undergraduate GPAs, and scored well on the GMAT, whatever their majors. When to Apply to Business SchoolMost schools recommend at least two or three years of work experience after college, before admitting students into an MBA program. Some schools strongly recommend or require it. Others will overlook your lack of work experience if your academic credentials are strong enough. Some schools have 4+1 programs that are essentially joint BA/MBA programs where you can take some MBA courses as an undergraduate and complete both degrees in five years instead of six. Most schools require work experience because many of the concepts that are taught in business schools take on a much greater practical meaning when understood in the context of the real business world, rather than from a strictly academic viewpoint. You'll be more likely to find your MBA experience more rewarding with real world work experience under your belt. Work ExperienceAs long as your work experience has given you a basic sense of how organizations work, it will satisfy the requirements of most business schools. If your experience has provided you with the opportunity to work as part of a team, or to take a leadership role, that's important, too. The GMATThe GMAT is the standardized entrance exam required by many business schools. According to the GMAC (the organization that distributes the GMAT), "The GMAT is specifically designed to measure the verbal, quantitative, and writing skills of applicants for graduate study in business. It does not, however, presuppose any specific knowledge of business or other specific content areas, nor does it measure achievement in any particular subject areas." The GMAC says "The GMAT consists of four separately timed sections. Each of the first two sections contains a 30-minute writing task; the other two sections are 75 minutes each and contain multiple-choice questions." When to Take the GMATBecause the GMAT may be taken year-round in hundreds of locations, because it only takes about two weeks for scores to be mailed, and because re-taking the GMAT is not encouraged, you can actually plan to take the test fairly close to the date you plan to submit your applications. As soon as you're certain you want to apply to business school, you should examine the GMAT Bulletin, find the testing center nearest you, and call to inquire about available test dates. Equipped with that information, you should be able to determine when you need to schedule an appointment to take the test. Taking the GMAT More Than OnceThe GMAC says, "You may not take the test more than five times." They also say that, "Although you may choose to take the GMAT more than once, doing so is unlikely to result in a substantial increase in your score." If you do repeat the test, both your most recent and your former GMAT scores will be sent to the schools you've applied to. Business School InterviewsBusiness schools typically schedule interviews only after reviewing applications and narrowing the applicant pool to those they are seriously considering. A good or bad interview can do much to sway an admissions committee. In general, a candidate who is mediocre on paper, but warm, confident, and highly focused in person stands a better chance of getting into business school than a candidate who is stellar on paper, but arrogant, scattered, or otherwise awkward in the interview. |
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