When you imagine your ideal MBA program, what factors do you consider? You need to decide what criteria are important to you. In what sort of learning environment do you thrive best? Do you need a program with a flexible schedule? How much of a workload do you think you can handle? You will need to take a number of factors into account when assessing which MBA programs fit your wants and needs. Consider concentrating on the following:
- Reputation and ranking
- Strengths in specific subject areas
- Teaching methods
- Location
- Class size and profile
- Student culture
- Internship opportunities
- Average starting salary
- Career placement
- Cost
Time spent on research will pay off
How should you start the research process? Rankings can provide a detailed list of information at a quick glance. There are a wealth of websites with general information about Business Schools, including TopMBA, Business Week, Vault, US News, and GMAC's own website. Individual school websites will provide the bulk of the information you need about the program in-depth. Attending MBA fairs, such as the World MBA Tour, provide an opportunity to meet admissions reps and alumni of a wide variety of MBA programs at one venue.
Visiting the school, if possible, is a great way to learn more about the program, by sitting in on classes, touring the campus, and meeting faculty and students. Finally, the importance of speaking with students and alumni cannot be emphasized enough—only the students can express what it is really like to attend that program. Ask the admissions office at a program you are interested in to put you in touch with a current student or alum if you don't know any, and learn first-hand about their experiences and the student culture.
Kaplan's Business School Admissions Consultants have served on top schools' admissions committees and have attended many of these schools as students. They can provide vital insight to your business school selection process. Learn more about our Business School Admissions Consulting Service.