Tag Archive: MBA Programs

How to Do Well in Your MBA

There are a lot of students who spend a lot of time, energy and money just to get into the MBA program that they have always wanted. Once they are there, they will realize just how time consuming and demanding taking an MBA is. For those who are not as passionate about getting the program as they thought they would, it would be enough reason for them to quit.

For some, they are too immersed in doing their best so they do not have time to focus anymore on how they can make the most out of the program that they have. They are not sure how they can maximize the possible success that they are going to get out of taking the program.

Students who have to earn the money that they are going to spend for their MBA usually have to sell some items online and have their own small business beforehand. In order to make this effective, people can advertise through various online methods. You can learn how to advertise on Facebook here. After you have saved up all of the money that you need, you will not have any regrets. At the same time, you can use your knowledge about advertising when you have to do it again in the future.

How to Do Well in Your MBA

Here are other tips that you can follow if you want to do well in your MBA:

  1. Set a period every week wherein you can be by yourself and relax.

Business school can be very demanding. A lot of times, you would feel like you want to give up just getting back to the more relaxed life you have always wanted but remember, the MBA is for your future. If you would do well, you can have a lot of opportunities that other people will not have.

  1. Base your success on your own progress and not the progress of others.

One of the reasons why you may become too hard on yourself is because you always compare yourself with the success of other people. You know that your classmate is doing well but you should not use others as your benchmark for your success. You can take a look at what you have done so far and how you have improved over the past months and years after being accepted to take the MBA program.

  1. Always be yourself.

If you would like to have a great experience while taking your MBA, the best thing that you can do is to be yourself. You need to show who you are to people so you can simply focus on studying alone. If you are going to pretend to be someone you are not, expect that it will backfire in the end. It is okay if you want to try new things especially when you are with a group of people that you genuinely like but only try things if you are comfortable. Stay true to yourself and your experience will be amazing.

There are still so many tips that you can follow in order to enjoy your MBA. Do not forget to take care of yourself because your health will also play a role on how well you would do with your lessons.…

Didn’t get accepted for a MBA? Here’s how to cope

So you just found out that you didn’t get into any of the top ten business schools?  It’s quite tragic, especially if you had your heart set on a certain institution.  Top institutions disapprove students when they have too many applicants for a certain academic level to handle.  They will then choose only the top qualifying students.  But just because you didn’t land that study opportunity that you have always dreamt off doesn’t mean that you don’t have a chance of getting a good job and a good education one day.  Here are some great ways to cope with the disappointment and to help you get back on track again.

Apply elsewhere

You might not have gotten into one of the top rated business institutions but there are still quite a lot of other institutions that would love to have you.  Online MBA programs, for example, hardly ever turn away MBA candidates and give you the opportunity to study while you work or do other things in your life.

Didn’t get accepted for a MBA?  Here’s how to cope

Consider waiting

You might have better luck next year.  Consider taking a gap year and do all of the things that you have always wanted to do. Working and getting some hands on experience as a business entrepreneur volunteer can also boost your chances of getting accepted.

Consider another career path

The type of institution at which you study can make a world of difference when it comes to finding a job.  If you really must study at a certain institution then perhaps consider switching career paths to something that still matches your interest.

Don’t worry; others have made a much bigger mess of their lives

What is done is done.  You cannot turn back the clock to redo your senior years.  There are plenty of other students that didn’t study hard enough and still made a huge success of their lives.  There are also a lot of people that made far worse mistakes than you did.  Just take Stephen Collins for example.  Collins was a famous actor that had it all.  He had a good career, was famous and a bright future and he blew it all when information was leaked that he had molested an underage girl years before.  After owning up to his mistake, Collins is starting to bounce back and win forgiveness wherever he goes.  If Collins can recover from a terrible life choice then you can most certainly still make something from your life even though you didn’t get the good scores that you wanted.

Try seeking professional advice

A professional career counselor can help you choose a career path and institution that will give you the best possible outcome despite your low grades so you can still one day enjoy terrific financial freedom.  And if you are feeling depressed from the MBA rejections then help from a psychologist can help you cheer up and stay confident despite not getting the life that you have always planned or dreamed of having.…

When Applying for an MBA, Own Up to Past Mistakes

Nobody likes bringing up their past, and especially if they are mistakes, academic or otherwise. This is particularly so when one is applying for a place at an über-competitive business school. Failing to address obvious weaknesses, such as a low GPA or gaps in employment history, does more harm than good in the end. It is important for one to be upfront about their foibles since it is the best way for them to know how to tackle them in the future, and it will actually increase chances of admission. Below are some of the things that MBA applicants face and how to deal with them.

When Applying for an MBA, Own Up to Past Mistakes

Explaining a Layoff

Many people think that if they tell about their lay off, it will most likely reflect negatively and raise a red flag. It is likely that the committee will notice the employment gap that you’ve been out work. If I were to bet, I would bet that they would wonder what you did during that time since layoffs are common nowadays based on the economic recession that many countries are going through. Keep the explanation short and sweet and draw the attention to how you bounced back, whether you went ahead to open your own business, or went to volunteer.

Handling a low GPA

A low MBA would make the admission committee wonder if you would be able to handle pressure from the MBA. The best way to handle this is to take pre-MBA courses to boost your quantitative profile and remove any concerns about you not being able to handle the MBA.

Addressing a criminal record

Many M.B.A. programs ask a person to explain a mistake they made, or discuss a challenge you overcame. The most interesting candidates have faced difficulty and learned from it, preferably changing their behavior for the better. We took a youthful mistake and showcased a person determined to improve her life.

Admissions officers look for applicants who will succeed in their particular program, as well as in the world after graduation. Showing who you are, your potential, and even how you have overcome blemishes to your otherwise perfect record gives the school insight into your potential as a student and as a future business leader. We all fail sometimes, but the trick is to try to look at your failures through a fresh lens and figure out the good that came from it.

Take a look at the way that Stephen Collins tackled his situation. Stephen Collins was an actor in a popular television show, 7th Heaven, where he played a reverend and father. More than twenty years ago, he had sexual contact with minors, and since then has been undergoing therapy so as to understand why he did it, and how he can keep from repeating the behavior.

It was not Collins idea to have the information come out the way that it did. He was undergoing therapy with his ex-wife in an attempt to salvage their marriage. During one of the sessions, where he made his confession, she secretly recorded everything and then later released the tape to TMZ, bringing everything to the public front. What we should see here is that he had not been going to therapy regarding his acts due to public pressure but due to personal pressure even before the information became public.

This is what he had to say to Katie Couric, “I had dealt with them [the sexual incidents] very, very strongly and committedly in my private life. I think I’m a human being with flaws and I’ve done everything I can to address them.”

He also said, “I deeply regret the mistakes I’ve made and any pain I caused these three women. I admit to, apologize for, and take responsibility for what I did.”

He has been very sincere in his efforts to make things right as he addresses his shortcomings. This is one of the very reasons why we should forgive and support him. It is like for the past 20 years, he has been in a prison of emotional torture at his deeds. He has done everything right, and this included not apologizing to his victims since that would have opened up old wounds that might affect their lives. There are at least three ways as we will mention below:

  • Admitted to God, to himself, and to another human being the exact nature of his wrongs.
  • Made a list of all persons he had harmed, and became willing to make amends to them all.
  • Made direct amends to such people wherever possible, except when to do so would injure them or others.

He came to terms with what he did and acted to make it right. This is the very same way that MBA students should be. They shouldn’t try and hide their past mistakes but rather work at correcting them.…

MBA Degree: What Exactly Is It and How Much Does It Cost to Get It?

Today, MBA is considered one of the most prestigious and popular degrees in the world. Every year, thousands of students graduate with a degree in MBA from different schools worldwide. Even it’s considered a very challenging profession, a lot of students still pursue this course because of the so many benefits that come with it. But what exactly is an MBA?

MBA Degree

What is an MBA?

An MBA or Masters in Business Administration is a postgraduate degree that helps individuals expand their skills and knowledge in various areas of business, including accounting, marketing, finance, and management. An MBA degree is basically an award that recognizes your completion of studies in business, and certifies your general competency in the field.

Why get an MBA?

As mentioned, MBA provides you in-depth knowledge in the field of business. Those knowledge and skills can be used and applied in the real world of business. It’s a very versatile career, and you can use your skills in almost any business situations and across a number of industries. Whether you want to build your own business, become a high-paying executive, or change your career to become a sought-after accounting professional who is specialized in tax returns, MBA is an excellent way for you to get there sooner. Having an MBA degree also increases your salary potential.

How to get an MBA degree?

Of course, like many other degrees, you need to enroll to a school offering this course in order to become an MBA graduate. But before you can apply to business schools, you must first complete an undergraduate program from an accredited school. Your bachelor’s degree doesn’t necessarily have to be related in business, accounting, or finance. You can get accepted even if you major in music, arts, science, or any other non-business course. And depending on the school where you plan to get your MBA, you would need to have a couple of years of working experience and pass a qualifying exam before you can pursue your MBA.

Check the requirements of the school of your choice regarding their requirements for entering such program, and whether or not you are eligible to apply.

Types of MBA Programs

Of course, before you consider applying for a business program, you may want first to familiarize yourself with different types of MBA. You need to decide which one will work best for you. Some of them are the following:

  • Full-time MBA
  • Part-time MBA
  • Executive MBA
  • Professional MBA
  • Global MBA

The length of time that you’ll spend to complete your MBA course will depend on the type of program you choose, but generally, they can be completed from 18 months to 3 years.

Once you completed your MBA program, you may also further your education and choose an area of specialization, which include the following:

  • Accounting
  • Marketing
  • Finance
  • Management
  • Economics
  • International Business
  • Business Law

How Much Does an MBA Degree Cost?

Getting an MBA degree is expensive. Tuition fees can cost $50,000 or more per year, and it can be more expensive if you choose to attend an exclusive school. This is not to mention the amount that you will need to spend for commuting, eating, and paying your monthly rent. But of course, all the money that you’ll spend is worthwhile, especially when you completed the course and get your dream job. But if you can’t really afford it, you can always seek financial help from your school and other organizations providing scholarship programs.