I graduated three years ago and would like to do an MBA program. Is this advisable and when should I start applying?
MBA programs act as bridges from your past to your desired future. In addition to an undergraduate degree, the pre-requisites for applying to an MBA are a strong GMAT/ GRE score, at least 2 years of work experience, and demonstration of leadership skills and community service.
The application process for top MBA schools tends to be extremely demanding, requiring you to write in-depth college essays about yourself, your work, and reasons for selecting the program and what you expect to gain from this particular program. The best colleges will also interview shortlisted candidates, which requires further preparation. Thus, it is best to start preparing 12-18 months before the intake date.
These programs are generally expensive, but should be viewed as an investment that pays off in a few years due to the higher salary you will receive as a result of your MBA. The skills that you receive, including the network you build, will help in getting you management positions at a variety of companies.
Programs vary between 1-2 years in length. If you are young, a full-time MBA program would be your best option. A full-time MBA program at a top Business school gives you the unique opportunity to be with a cohort of a select group of students from diverse backgrounds. Executive MBAs are appropriate for professionals who have 15+ years of work experience and who want to study alongside their professional commitments.
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