The MBA is perhaps the most coveted course in today’s world.
This course tops the list of courses almost in all the developed and developing
countries across the globe. The enthusiasm for the course has brought in many
small private institutes etc. to offer this course. However, only those
students who have obtained an MBA degree from some recognized eminent
university find the best of placements. So, the institute or the university is
the first factor for a successful career in this field. This article will
educate you about the various issues like finance, strategy to study, interview
etc. related to choosing MBA as a profession.
• In today’s competitive world there are no shortcuts. The
student willing to take admission in one of the best institutes either in Asia
or abroad, need to study hard and get the good grades. 3.0 to 4.0 are the
minimum grades required at the undergraduate grade point average (GPA).
• Most of the MBA schools or colleges adjudicate the calibre
of the student via the GMAT or The Graduate Management Admissions Test exam.
This test is to estimate the individual’s knowledge of English, Math and Analytical
writing skills. The verbal or English section comprises of 41 questions to be
answered within 75 minutes. The questions like correcting the hidden
grammatical mistakes etc. The Math section has 37 questions and same 75
minutes. Questions are on various mathematical topics like percentage, ratio
and so forth. The writing analysis is based on writing two essays on different
issues.
• The school and university depend on the grades that you
get in the exam. Good grades will fetch you a deemed university while poor ones
may not.
• MBA programs are full time and part-time and within this
program, there are many choices. Like you can take up finance management, HR,
etc. it is at the discretion of the student to decide which course to go for.
• Once you have made a preference for the course, the time
comes to look at the fee structure. Usually, the MBA schools charge a high fee
which is not within the reach of students. In this case, they look for other
financial aids. Many schools offer scholarships, grants etc. that can be looked
up to. Else the loan facility is always available. The loan providing banks and
companies also consider the grades and the institution that recommends the name
of the student. The successful schools are known for producing productive
students who can repay the loan conveniently with their salaries.
The FAFSA or the Free Application for Federal Students, loan
offered by the federal government is doing a remarkable job in this area.
However, due to the popularity of the loan, the application should be sent as
soon as possible.
• Many MBA schools ask for recommendation letters. This is
in order to justify a student’s authenticity. In this case, the letter should be
taken by an honoured and known authority whose recommendation lifts your name
in the eyes of its seekers.
• The school life is followed by the hunt for a job. If you have
passed from a topmost school, the job is not an issue; still, you need to be
prepared to win your contenders. When going for an interview wear decent
clothes that are not too jazzy and funky and colourful. Practice properly with
a friend or family member before the day of the interview. Don’t forget to take a
copy of the resume and cover letter along with your certificates. You need to be
familiar with each and every word of your resume and cover letter. Don’t be
nervous and maintain a calm composure. Try replying in a prudent manner to all
their questions. Even if you make a mistake, don’t let it affect the rest of
the answers and your attitude.
So, go ahead and chase your dreams!
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