How to choose a right MBA programme.
It can be considered a critical point in your career when you go for the higher studies application process, knowing that your destination is unknown.
With so many top level MBA programmes to choose from and in a number of countries, it is important that you understand the purpose and significance of it, in your life.
We suggest a few ways that’ll help you choose the right MBA programme for yourself.
1 – Interest/Aptitude
The very first thing you must know before deciding to go for an MBA programme is what made you choose MBA as a career option. Was it because you were looking for a career change, or a change in your professional industry, or something else that tempted you to go for a business-profiled career option.
Be focused on which stream of the industry do you wish to pursue.
2 – Industry Experience
To understand the industry and market dynamics, it is suggested that you have a few years of work experience. Experience helps you know what the market expects from you, and how much do you need to update your skills and enhance your qualities.
Though work experience is not a compulsion, it any day helps you know what you’re good at and capable of.
3 – Feedback/Research
Feedback from current students and alumni is vital to choose the right course. A number of colleges famous for their MBA programmes, are not perfect in all of the streams they offer. For example, college X might offer a first class course in Operations management. However, it is not necessary that it would have the same sort of feedback for Marketing management.
So, it is always better to check with your contacts or the alumni group of the institution.
4 – Career goals
A degree or Diploma in MBA opens gates to many opportunities in different industries. Analyze your career goals before you sign up for a particular stream. You must have a clear and focused picture of your goals, which would also help you select a course and college for yourself. If you have more than four to five years of experience, and intend to continue in the same industry, you should opt for an executive MBA programme.
However, if you wish to change your industry, or start your own venture, you should go for a regular two-year course MBA.
5 – Duration/type offered
If you wish to re-launch your career in your company or sector, a full time MBA is your best bet. The full time course marks a profound turning point in your career, by giving you an in-depth knowledge of the industry and helping you be a leader. The part-time MBA, on the other hand, are ideal for people who do not wish to give up their booming career in the present industry.
Also, do not forget to compare the annual fees you’ll be required to pay for a particular programme.
With the advent of technology, candidates have been able to prepare themselves well for the entrance tests. However, it is equally important to ponder upon other essentials before you take a decision.