When Should I Start Applying to MBA Programs?
MBA programs are some of the most competitive graduate programs in higher education. From top to bottom, the MBA application process can be nerve wracking. From the GMAT to letters of recommendation, there are so many components to an application. If you’re finishing up your applications, you might be wondering when exactly you should hit submit. Abound: MBA has asked the experts at our member schools Waynesburg University and Concordia University-Irvine when MBA candidates should start applying.
Questions to consider:
Is there a competitive advantage to applying earlier?
Jacqueline Palko, Director of Undergraduate and Graduate Admissions, Waynesburg University:
If you are considering a selective institution, be sure you review their application requirements at least one year in advance. Some institutions may require classes that you did not take as part of your undergraduate degree. You should make sure you complete those classes before you apply for admission.
Dr. Yi Schuler, MBA Assistant Director, Academic Advisor, Concordia University-Irvine:
Graduate school is a rigorous and serious commitment. Plan early and start the application early. When you receive multiple offers, don’t hesitate to reach out to the MBA program and ask to speak with the director, advisor or faculty before you make a final decision. Only when your questions get answered would you have the clarity and the focus to maximize your experience when you are in the program.
When should I begin to cull my materials together?
Jacqueline Palko, Director of Undergraduate and Graduate Admissions, Waynesburg University:
As a rule of thumb, you should always have your resume updated and ready to be sent. This practice will allow you to focus on the other materials required. Give yourself at least twelve weeks to get your materials together, including transcripts and recommendations.
What do I need to apply?
Jacqueline Palko, Director of Undergraduate and Graduate Admissions, Waynesburg University:
Each school will have its own requirements, but all will require official transcripts from all colleges and universities attended. And, most will require letters of recommendation, updated resume and a professional statement.
Dr. Drew Wolf, Director, MBA Concordia University-Irvine:
Prior to hitting that submit button on an application to an MBA program, a student can set up their pathway for success! Employment in the business world is one of the most important aspects for application in the graduate plan. Review your current job position: Is there an opportunity to take on a company project? Can you propose a new initiative or offer your company some time as a team leader? Any of these can add to your experience as well as show your commitment to growth in the business arena. This may not seem like much, but it could just be what helps your application stand out – and will offer you concrete examples to use in your course assignments.
What about the GMAT?
Jacqueline Palko, Director of Undergraduate and Graduate Admissions, Waynesburg University:
Selective institutions will require a GMAT score, less selective schools will not. Know the type of school you are looking for and make your decision about taking the test based on their requirements.
Dr. Yi Schuler, MBA Assistant Director, Academic Advisor, Concordia University-Irvine:
When searching for the most suitable MBA program to apply, it is important to consider what you plan to do with a MBA degree. Then ask yourself what you value most in a graduate program. Is it the curriculum? The faculty? The program duration? The proximity? The faculty-studio ratio? The costs? The way the program is delivered? The size of the school? The values the program represents? Flexibility to complete the program at my own pace?The networking opportunities? The quality of support and available resources to the students? Or all of the above? Pair the answers with your personal learning style and other obligations to determine what program works best for you.
Ultimately, you have to decide if your application is ready to submit. If you’re not ready, there’s no harm in waiting until another round. It’s better to put your best foot forward than to get in early. No matter where you are in the application process, we’re here to help. Abound: MBA narrows down your options and gets you in touch with schools that we can confirm are Accessible, Affordable, Accelerated, and Advanced. Take a look at the schools we trust and find the program that works for you.
