Are you considering embarking on an MBA to advance your career or switch fields? Preparing for the MBA application process is a crucial first step on your journey toward reaching these aims, from selecting the right programs to acing your interviews.
Before diving into the application process, take some time for introspection. Consider your career goals, your strengths and weaknesses, and how an MBA can help you achieve them. Are you looking to climb the corporate ladder, start your own business, or switch industries? Knowing your objectives will help you select the right MBA programs and craft compelling essays.
It is crucial to begin early too, says Katherine Alford, the director of admissions for the Future Year Scholars Program at the Darden School of Business in Virginia, USA.
“It’s never too early to begin preparing your MBA application as the process can be quite time consuming. Start early by researching MBA programs, attending school events, and networking with both current students and alumni,” she says.
“Also give yourself time to prepare for a standardized test. There is a direct correlation between the amount of time spent preparing for a standardized test and the score. Furthermore, some applicants will choose to take a test more than once, and that takes time.”
Researching MBA programs
There are countless MBA programs worldwide, each with its unique strengths and culture. Research different schools to find the ones that align with your goals and preferences. Factors to consider include location, program length, specialization options, rankings and alumni networks. Make a shortlist of schools that match your criteria.
“Decide which academic and social environment will be the place where you feel you will be equally stretched and supported,” adds Alford. “Think about which educational experience will allow you to reach your potential. Visit your target schools when possible, sit in on a class, speak with alumni and students, and do your research. But, at the end of the day, you can get a great job, a great network and have a great experience at all of the top schools.”
Many MBA programs require applicants to submit GMAT (Graduate Management Admission Test) or GRE (Graduate Record Examination) scores. Plan ahead and prepare for these standardized tests. Consider enrolling in test prep courses or using study materials to maximize your scores. Your performance on these exams can significantly impact your admission chances.
“Right now, almost every business school that requires you to take a standardized test accepts both the GRE and the GMAT. It can sometimes be the case that certain schools or admissions officers lean towards the GMAT over the GRE, but most schools accept both exams equally,” says Stacey Koprince, director of content and curriculum for Manhattan Prep, a test preparation company.
“Although many business schools no longer require prospective students to submit GMAT or GRE scores, there’s still an advantage for applicants who can submit a competitive score. According to Manhattan Prep/Kaplan’s 2022 business school admissions officers survey, the vast majority of test-optional business schools say that submitting a competitive GMAT or GRE score can help their application even when a score isn’t required.”
Secure Strong Recommendation Letters
It is also key to request recommendation letters from supervisors or colleagues who can speak to your qualifications and potential. Choose individuals who can provide specific examples of your skills, work ethic and character. Give them ample time to write the letters, and provide them with your resume and a clear understanding of your MBA aspirations.
Your personal statement or essay is another vital part of your application. Tailor your essays for each school, explaining why you’re a great fit for their program and how their specific offerings align with your goals. Be authentic, and use your unique experiences and perspective to stand out.
If you’re lucky enough to receive an interview invitation, be sure to prepare thoroughly by researching the school, its culture and common interview questions. Be ready to discuss your goals and experiences in-depth, and convey your genuine interest in the program. Then practice with a friend or mentor to boost your confidence.
“We want to know the person behind the academic transcripts and essays,” says Nicole Tee, director of MBA programs at National University of Singapore (NUS) Business School. “We want to figure out what makes you tick. It is an opportunity for you to showcase your personality, communication skills, personal motivations, passions and values. The interview allows the committee to dig deeper into these areas and gain a more nuanced understanding of you.”