Wednesday, January 20, 2010

Prepare For The Mba

Preparing for the MBA requires time, knowledge and research.


An MBA or Master of Business Administration is a graduate level degree that allows students to focus on different aspects of the business industry. There are a few processes MBA applicants have to go through for admission and these steps can vary depending on the school. Some students will need to take an entrance exam such as the GMAT, while others may be able to rely on their coursework alone. By understanding the processes that go into preparing for the MBA, you can be ready for what lies ahead in this graduate program.


Instructions


1. Decide how you plan to obtain your MBA. You can earn an MBA through online coursework or in a physical classroom setting. There are some schools that will allow students to do a mixture of both online and in-person coursework. Do not limit yourself to only the universities where you live -- research universities based on job placement and accreditations. By going to a properly accredited school you can ensure that your MBA will earn you respect when you apply for jobs.


2. Take business classes. If you have not done so already in your undergraduate program, take courses in accounting, marketing and statistics to help prepare you for the coursework that is associated with the MBA program as well as the GMAT exam.


3. Prepare for the GMAT. The GMAT is the exam that evaluates potential MBA students on the abilities required for the MBA program. A credible score with the GMAT can help ensure your acceptance into a particular program. Read up on the GMAT format, download free prep tests and even purchase a GMAT prep book to help you with the test.


4. Prepare for the entrance interview. Most MBA programs will require students to conduct an entrance interview before being accepted into the program. Review essay questions on the initial application. Focus on why you want to enter the MBA program and influences within your life that are driving you to fulfill those reasons.


5. Start looking for financing. Obtaining an MBA can be expensive, but there are loans, grants and even scholarships for MBA students. Start searching for your financing at least six months prior to entering a program to ensure you have the proper financing in place before you enroll in courses.

Tags: entrance interview, GMAT exam