Masters of Business of Administration (MBA) Degree Checklist
There is a wide range of options to choose from when considering an MBA degree, from the program length to the tuition. Planning will help you progress through the decision process and begin your program on time. Consider the following checklist in your preparation to earn an MBA.
Step 1: Determine what you want from your MBA degree
Are you hoping to specialize in a certain industry? Do you want to meet a broad network of contacts? Do you have a specific timeframe by which to reach your dream job? Be objective and thorough in this self-assessment. Write a list of your career goals and see how an MBA degree can help you reach those.
Step 2: Identify the kind of MBA program you want
Do you need to study part time to accommodate your job? Do you learn better in small groups? What kind of financial investment can you make? Are you able to travel or relocate? Do you have family or personal considerations that would impact the time or money you have available to devote to a graduate degree? Carefully thinking about the kind of program format you prefer will help you identify possible MBA programs.
Step 3: Create a list of MBA programs based on your criteria
Considering how a school meets your personal needs will help you narrow down the list of potential business schools. The application process to each MBA program can be lengthy, so don’t waste time or money applying to schools that don’t offer what you need. Focusing on a short list of your preferred business schools will make the effort manageable and realistic.
Step 4: Take the GMAT
Many MBA degree programs require applicants to take the Graduate Management Admissions Test (GMAT) to demonstrate your mathematical, verbal and analytical skills. The GRE, Graduate Record Examination, may be accepted as an alternative. Your score may be only one factor of your applicant profile, but the test requires preparation to schedule your testing appointment, learn what to expect of the test and study to achieve your best possible score.
Step 5: Prepare your MBA program application
Once you have determined your top choices of MBA schools, you will need to arrange the admissions requirements. Applicants must often demonstrate examples of their professional accomplishments and provide college transcripts and letters of recommendation. When submitting to the MBA schools of your choice, keep in mind that a thorough and persuasive application that is submitted on time will make the best impression.