Getting a Masters of Business Administration (MBA) can teach you invaluable skills and take your career to the next level.
But getting into business school, especially a highly ranked one, is not an easy feat. How can you send off an impressive application that will get you noticed by the admissions committee?
By understanding exactly what business schools look for, you can make your candidacy the best it can be. Here are seven tips on how to get into business school.
How to get into business school
1. Figure out your goals
This first step may seem obvious, but it’s essential. Only by identifying your personal and professional goals will you be able to clearly articulate them in an application.
Admissions committees want applicants who set clear goals for themselves. So in your essay, get specific about why you’re applying and what your goals are. That way, admissions officers might set aside space for you in the next incoming class.
When considering how to get into business school, think about what makes you special. Before you start applying, ask yourself how the degree will advance your professional career. Then, consider what unique qualities you have that will make you stand out from the pack.
2. Find the right MBA program
Dr. Don Martin, a higher education admissions expert, wrote about the importance of a school’s learning environment for U.S. News. He encourages you to learn about a school’s educational philosophy and class sizes before applying to business school.
Figure out whether the student community is more conservative or liberal, individualistic or collaborative, says Martin.
Before investing your time and money, find a program that offers the best cultural fit. Not only will you get more from your experience, but you could increase your chances of getting in. Admissions officers are looking for candidates who will do well on campus.
Harvard Business School, for instance, is looking for leaders who are vocal and involved in their communities. Once you find the right program, you can communicate what makes you the perfect fit in your application.
3. Get some professional experience first
Most business schools aren’t interested in students straight out of college. Instead, they prefer people who have had a few years of professional experience under their belt.
Admissions company Magoosh suggests that you work for three to five years before applying to business school for an MBA. The average age of MBA students, in fact, is 27 to 29.
By working for a few years, you’ll gain professional skills that will help you in business school. Plus, you’ll get the chance to network with colleagues, learn about workplace cultures, and clarify your own career goals.
4. Gather letters of recommendation
When figuring out how to get into business school, focus on business school requirements. This often includes two to three letters of recommendation. Admissions officers want to learn about you holistically. They’re interested not just in your grades and test scores, but also in your relationships with managers and professors.
Letters of recommendation are a chance to offer insight into your personality and the contributions you’ve made at school or work. To get good letters, seek out recommenders who know you well and are happy to support you.
Ask a few months ahead of your deadlines, so that your recommenders have time to produce an outstanding letter. Additionally, take the time to sit down with your recommenders and talk about your ideas. By sharing your thoughts, you can make sure the letter is more in-depth.
5. Study long and hard for the GMAT
The Graduate Management Admission Test (GMAT) is a major hurdle you’ll have to jump if you want to go to business school. Most schools require the GMAT for admission.
This fast-paced test will measure your analytical and quantitative skills. It’s especially tough for anyone who hasn’t taken a math class in a few years. The GMAT is scored out of 800, but the average score for all test-takers in 2014 was only 547.35, according to Magoosh.
Schools usually don’t set a score cutoff. However, you can learn about business school requirements by researching the average scores of accepted students. Harvard Business School, for instance, has a median GMAT score of 730.
Since the GMAT is so tough, leave yourself several months so you can take it more than once. There is one forgiving aspect of this otherwise brutal test: The GMAT shows you your scores right after you finish.
You can choose whether to cancel your scores or send them to schools. If you cancel, the schools will never see your weak test performance.
6. Apply for first round admissions
Most business schools have several rounds of admissions. The first tends to be in the fall, the second sometime in January, and the third in the spring.
Schools continue to let in applicants until all slots are full. That means they have the greatest number of spaces available in the first round.
If you can, aim to meet a first round admissions deadline. That way, you can maximize your chances of acceptance for the following year.
7. Start early
As you can tell, there are a lot of moving parts to a business school application. You need to research MBA program requirements, gather letters of recommendation, take the GMAT, and more.
All of this preparation takes months, if not years, of planning. Business school admissions are competitive, so don’t rush the process.
Start early so you can send off the strongest possible application. If you’re running out of time, it could make sense to wait until the following year to apply.
Applying to business school the right way
An MBA is a highly respected degree in the business world. It can lead to a world of opportunities, whether you want to move up in a company or start your own enterprise.
Plus, you can develop a large network of contacts over the two years of your program. Before applying, take the time to clarify your goals and find the right programs by researching MBA program requirements.
Once you’ve done some soul-searching, put together the strongest application you can. Hopefully, you’ll be on your way to earning a graduate degree with one of the world’s highest returns on investment.
What are some top-paying jobs for MBA graduates? Check out this list of the top jobs and graduate degrees that can make you $100k or more.
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1 Important Disclosures for SoFi.
2 Important Disclosures for Earnest.
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3 Important Disclosures for Laurel Road.
Laurel Road Disclosures
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the fixed rate will decrease by 0.25%, and will increase back up to the regular fixed interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
However, if the borrower chooses to make monthly payments automatically by electronic funds transfer (EFT) from a bank account, the variable rate will decrease by 0.25%, and will increase back up to the regular variable interest rate described in the preceding paragraph if the borrower stops making (or we stop accepting) monthly payments automatically by EFT from the designated borrower’s bank account.
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Laurel Road began originating student loans in 2013 and has since helped thousands of professionals with undergraduate and postgraduate degrees consolidate and refinance more than $4 billion in federal and private school loans. Laurel Road also offers a suite of online graduate school loan products and personal loans that help simplify lending through customized technology and personalized service. In April 2019, Laurel Road was acquired by KeyBank, one of the nation’s largest bank-based financial services companies. Laurel Road is a brand of KeyBank National Association offering online lending products in all 50 U.S. states, Washington, D.C., and Puerto Rico. All loans are provided by KeyBank National Association, a nationally chartered bank. Member FDIC. For more information, visit www.laurelroad.com.
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Refinancing via LendKey.com is only available for applicants with qualified private education loans from an eligible institution. Loans that were used for exam preparation classes, including, but not limited to, loans for LSAT, MCAT, GMAT, and GRE preparation, are not eligible for refinancing with a lender via LendKey.com. If you currently have any of these exam preparation loans, you should not include them in an application to refinance your student loans on this website. Applicants must be either U.S. citizens or Permanent Residents in an eligible state to qualify for a loan. Certain membership requirements (including the opening of a share account and any applicable association fees in connection with membership) may apply in the event that an applicant wishes to accept a loan offer from a credit union lender. Lenders participating on LendKey.com reserve the right to modify or discontinue the products, terms, and benefits offered on this website at any time without notice. LendKey Technologies, Inc. is not affiliated with, nor does it endorse, any educational institution.
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Offered terms are subject to change. Loans are offered by CommonBond Lending, LLC (NMLS # 1175900). If you are approved for a loan, the interest rate offered will depend on your credit profile, your application, the loan term selected and will be within the ranges of rates shown.
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