MBA!! Undoubtedly, amongst the most valued career alternative that every aspirant want to pursue irrespective of whether they carry a prior Technical, Commerce, Arts or any other graduate degree. To quote it precisely, going for an MBA gives an edge over other master’s program is in terms of more exposure, salary or better business network. And why not it gives an individual a holistic view of business knowledge that includes Marketing, Finance, Human Resources and Operations and helps you in growing your skill set. But Wait! Now What. After deciding that MBA is the path that one has to follow, the second and the most important question that arises in the minds of the aspirant is WHEN and WHERE?
The question becomes more difficult to answer when the candidate is a FRESHER, a college pass out who always queries themselves and ask, have I reached a juncture in my academic career where I really need an MBA to grow or whether I suit for MBA Programme with some Industry experience. But the fact is that the Fresher has an advantage compared to Experience in terms of what we call as the Open mind. It’s true they don’t have real business handling experience but they forget that they come up with a diversified and unbiased opinion on any subject matter and thus they bring equilibrium in the pool of experienced candidates. Now when we have answered WHEN i.e. going for MBA as a fresher or with couple or umber of experience doesn’t justify your intellect and both are equally welcomed by the Institutes, the next question which pops up is from WHERE, whether to do it from INDIA or abroad from countries who provide best MBA programs like USA, Canada or European countries.
No doubt in India we do have great MBA colleges like IIM’s but the curriculum they offer is limited mostly to the knowledge of Indian Markets, so in order to have a broader exposure to the real world and how business runs Internationally, going for an MBA program from abroad are a better option and since we are talking about fresher’s it makes more sense because these category of candidates won’t be judged on the basis of their domain understanding that one gets while working rather than with a distinct, diversified and academically sharper. There are many colleges like Harvard Business School, London School of Business, University of Pennsylvania, Stanford Graduate School of Business etc. which are premier schools in providing MBA education to students. The once thing that matters is MONEY. If one can afford this money definitely they will be more beneficial and the decision will prove worthy for their future goals.
What the Admission Committee Look for?
B-school admissions is a long and tedious process. It starts with research on colleges, connecting with alumni/current students to get insight into the school, completing the required documentation for admission, getting referral to support one’s application and finally (if selected), appearing for the interview.
Whether in-person, via video call or telephonic, interview is the most dreaded round of the admissions process. “What would the interviewer ask?” is something that makes heads of most spin. Thus, prospective candidates tend to be anxious and look for answers outside. However, the truth of the matter is that to find the answers, all one needs to do is look within.
Yes, look within because the school wants to know YOU to determine whether to offer you a seat or not. Your personality, aptitude, reasoning, decision-making skills, hobbies, business acumen, communication skills etc. are of serious interest to the school. Through these, the school tries to gauge whether you have what it takes to be a business leader. Thus, the interview is heavily loaded with questions which try to assess the candidate on these parameters.
You should also expect queries on your previous work experiences and achievements. That’s because the school wants to assess whether your profile is rich enough to contribute to class discussions and whether you have the potential to excel in future endeavors. Also, try to back your accomplishments by data (e.g. increased top line by 0.05%, coached 10 resources etc.). Doing so gives a much better idea to the interviewer.
In addition, the school is equally interested in knowing your vision on the professional front. What you know what you want to do post MBA and where you see yourself in the short and long term are important considerations for the school. This way, the school tries to understand how it can help the student in his journey to attain his goals.
Last but not the least, the school tries to understand your reasons for selecting it and whether you are really passionate about and prepared for the life that lies ahead there.