Are you planning to pursue a MBA degree? Selecting an MBA university is indeed a daunting task. Applying to MBA Universities is certainly a costly affair and it is recommended that you restrict the number of universities to be applied. Do not completely rely on the popularity of the particular university as several other factors need to be considered while selecting a MBA university.
Following are some steps to be followed while selecting MBA Universities.
What are your reasons for selecting MBA Universities?
You should primarily identify your reasons for pursuing higher education. Factors such as your career goals and academic interest should be considered. It would be a waste of time as well as money if you pursue a MBA degree without any interest in this particular field. You should also decide the type of specialization to be selected well in advance.
It is necessary that you match your goals with what the university has to offer. For instance, if you want to conduct research in a particular field then the university should have special provisions for such students. Similarly, if you want to focus more on practical experience then you should ideally apply to a university that offers on-job training and campus placements. Moreover, such a university should be located near the commercial centers.
What is your academic background?
Self-analysis plays an important role in the search for MBA Universities. Analyse your academic background and record. Analyse your professional experience as well in your field of study. If you have a very good academic background then you should apply to higher ranked universities. Select mid-ranked MBA universities if you have an average academic background.
Can you afford the Fees?
You should analyze your financial abilities while searching for MBA Universities. MBA is a relatively expensive study-programme and you should be financially strong if you want the best education available. Find out if any financial assistance is provided by the university before applying in it. Similarly, you should consider the tuition fees as well.
All the above mentioned steps form an important part of the application procedure.