Monday 16 July 2012

MBA Admissions


Many students decide on acquiring a Masters in Business Administration without giving much thought to the outcome. They no doubt become capable of handling any work or life situation, but some still wonder about their purpose, career path or interests. Even though the current MBA admissions process allows B schools to assess aspirants in many different ways through written tests, academics, personal interviews, group discussions, psychometric test and work experience, many bright and worthy students fail to impress and secure admission in some of the top management colleges in the country for a number of reasons. To make sure this does not happen to you, before you even start preparing for your written entrance test, do the following.

Review your strengths. Take a pen and paper to jot down your skills, goals, abilities. If you can’t easily come up with points, use questions to give you the right answers. Ask yourself why you want a MBA/MMS/PGDM degree, do you have anything in common with business professionals, who do you aspire to be like, what field are you interest to work in, what values are important to you, what motivates you in work and life, and the like.

Decide a career path. You are at an extremely critical stage in your life. This is the best time to decide what industry you want to work in or what you want your future to be. Remember that most full-time MBA/MMS/PGDM programs will not give you the time to think about this once you start your classes, nor will most allow you the opportunity to change your mind. If you know the industry you aspire to be a part of or have a career plan in mind, it can also help you choose the right B school and management program.

Make a short list of B schools you prefer. Choosing the right management institute and an ideal program is imperative to achieve all your long-term goals in life. Take into consideration all aspects of the college including things like location, feasibility, fees, infrastructure, faculty, amenities, learning environment, student culture, facilities, college ranking, affiliations, accreditations, reputation, alumni, entrepreneurship incubation cell, etc. Also take into account the type of programs the college offers. For students who know the industry they wish to work in, it is wiser to go in for specifically designed programs like e-empowered MBA-Insurance  MBA-Finance (Banking & Insurance) or MBA (Digital Business Management) rather than generic MBA/PGDM degrees. Well-designed and specific management programs provide in-depth knowledge and understanding about the field.

Once you are sure about such things, getting MBA admissions to the B school of your choice will be easier. You can start by preparing for the written entrance test depending on the institutes of interest. These exams are central, in addition to group discussion, personal interview and work experience & academics.

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