Getting an MBA from a top business school is a dream for many.
With MBA graduates having an average six figure debt, price becomes as important to many as prestige these days.
For Lisa Andrea, who paid $ 20,000 for her degree in San Diego State, the cost-benefit analysis of getting a part-time MBA paid off. Andrea graduated from vacancies from Apple, Ernst & Young and Hewlett-Packard. Business intern recently spoke to Andrea about why the part-time degree was worth it.
“I had spoken to many senior executives from different companies before applying to graduate programs to get their advice on what type of school to go to,” says Andrea. Business intern. “Unanimously, everyone I’ve spoken to has said don’t spend money on an expensive university unless it’s a top 10 program like Yale,” Harvard, etc. ”
Andrea’s dream was to become a chartered accountant. But she also knew she didn’t want to shell out thousands of dollars to do it.
She spent two years working in post-graduate marketing before deciding to pursue a part-time MBA in San Diego State in Accounting in order to make a career change.
“Since I was very diligent about not wasting money, I planned my entire schedule for the two years before starting the program,” says Andrea. Business intern. “I wanted to make sure I didn’t waste time and money. So I made sure to plan my schedule so that my classes could be taken at the right time to stay on track. “
VALUE OF HARD WORK
With student loans to pay off, Andrea knew she had to work full time while graduating. In addition to working full time, she studied twice a week at night for four hours.
“It showed them how strong my work ethic is since I was working full time and going to school in the evenings,” she says. Inside the business community.
Although difficult, the hard work finally paid off.
“Employers saw me differently from the undergraduates I found myself against,” she said. “Obtaining a graduate degree has an unspoken connotation. This tells the employer that you are a go-getter who wants to broaden your horizons and learn. “
Sources: Business Insider, P&Q
With past application cycles being one of the most competitive in recent years, it is never too early to start preparing for fall applications.
Stacy Blackman, of Stacy Blackman Consulting, recently shared a few ways applicants can start improving their fall application right now.
IMPROVE YOUR QUANTITATIVE SKILLS
Admissions officers like to see applicants who have strong quantitative skills. If you have a liberal arts background or a weak GPA, Blackman suggests upgrading your academic portfolio to show admissions officers you have the quantitative chops. One of the best ways to do this is to get a high GMAT score.
“If you’ve taken the GMAT once or twice and haven’t achieved the score you think you can, consider taking a prep course to remind yourself how to solve these math logic problems in high school,” writes Blackman. . “Take the GMAT again until you get the score you want. Or prove you have the quantitative qualities by taking a college-level statistics, microeconomics, or calculus course at the local community college. “
GET INVOLVED IN THE COMMUNITY
The best applicants are those who show admissions officers that they are more than numbers on their papers.
Blackman says applicants should try to incorporate extracurriculars into their resumes.
“The best way to seamlessly integrate extracurricular activities is to think about and build on long-held passions and interests,” writes Blackman. “The key is to seriously think about what excites you. Get creative and find out how you can harness these interests for the greater good. “
Leadership is not something that develops overnight. To develop your leadership potential, Blackman recommends taking on challenges at work.
“Volunteer for this cross-functional team or project or offer to help your boss with a nurturing long-term goal,” Blackman writes. “Consider getting involved with groups of employees at work, whether that’s volunteering in the community or promoting diversity in your business. All of these leads can provide great material for your resume and dissertations. “
Sources: Stacy Blackman Consulting, The Wall Street Journal
Thanking can go a long way. Especially when it comes to MBA admissions.
“A thank you note really matters,” writes Judith Silverman Hodara, Fortuna’s director of admissions and former acting director of MBA admissions at Wharton School, in a blog post. “It also sends the message to the MBA Admissions Committee that you are someone who is not too busy to take a break, reflect and offer genuine appreciation.
But what’s the best way to write a thank you note and how much is too much?
Hodara stresses the importance of knowing your audience. While the admissions process is all about relationships, she says applicants should always be wrong on the formal side.
“Avoid emoticons, occasional acronyms (LOL), and chat / text shortcuts (u / you, r / are, def / definitely),” Hodara writes. “No matter how comfortable you feel with an interviewer, graduate, or student ambassador, always treat them with the same respect you would treat your company’s CEO.”
Shorter is often better. Experts say there are really only two essentials when it comes to a thank you note for admissions officers.
“[One] thank the interviewer for their time and [two] reiterate your interest in the program, ”writes Stacy Blackman of Stacy Blackman Consulting. “If you can add a sentence or two that refer to something you talked about, great. But a thank you note isn’t the place to try to sell yourself more or write another mini-essay. The point is to show that you are excited and grateful for the opportunity to be considered for a place in the X program. ”
SPELL CHECK, GRAMMAR CHECK, TONE CHECK
Finally, you’ll want to make sure that your grade is free from any grammatical or spelling errors. Perhaps just as important, make sure the tone of your post is correct.
“Write clear and concise sentences,” writes Hodara. “Especially when sending from your phone, look for a tone in your message to make sure it doesn’t sound demanding, abrupt or negative – your tone still conveys a non-verbal message.”
Sources: Fortuna Admissions, Stacy Blackman Consulting
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