subject: How to Apply for MBA Programs [print this page] How to Apply for MBA Programs How to Apply for MBA Programs
MBA programs are usually advantageous to people aiming to land a prosperous career in business, management, and the government. However, a lot of people debate as to whether such programs are really worth the money, the effort, and the time. Well, for starters, these programs are not cheap. One has to shell out at least $32,000 each year. What the degree can do for their prospective careers is another factor. Then again, there have been studies that show the beneficial value of MBA's. Harvard, for instance, says that 77% of their MBA graduates receive job offers right before graduation while 87% receive job offers within just three months after graduation. In 2009, in fact, these MBA recipients have earned an average of $114,000.
If you have decided to apply at a business school, make sure that you have prepared well. One, your GMAT or Graduate Management Admission Test score should be above 600. Well, this will not guarantee your admission; but as you know, almost every business school relies on such standardized test results. These tests are administered by the GMAC or the Graduate Management Admission Council and cost $250. You can take the test at any test center in the United States or abroad. You will be offered software, classes, books, and other materials that can help you prepare for the test. Your score, then, will be valid for five years. These tests are not about how good your business skills are but rather how good your verbal, analytical, and problem solving abilities are. So, if you have a good GMAT score, you have a tremendous chance of being admitted to the school of your choice.
Then, you also need to submit certain documents such as your college transcript of records, a few relevant essays, and of course, reliable recommendations. Nonetheless, MBA programs are not all there is. You can also choose to apply to an MD/MBA, a JD/MBA, or any other combined program. Just make sure that you have prepared all the necessary requirements and application materials. Submit them before the deadline and you will be good to go.
