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| Are You Ready for an MBA? | Once you make the decision to apply to and attend business school, it is crucial that you step back and do some pretty serious self-analysis. It isn’t only because business school is an expensive and time-consuming endeavor, though certainly those are two very important reasons, but also because getting an MBA puts you on a definite path to the business world.
If you’re still considering becoming a teacher, or a psychologist, an MBA probably isn't the best next step for you.
Some Questions to Ask Yourself With the endeavor of determining whether business school is the right choice and whether now is the optimal time to go, ask yourself these critical questions:
• Is a career in business what you really want?
• What do you want the MBA to do for you? Are you looking purposely to gain credibility, accelerate your development, or move into a new job or industry?
• If you want to move into a new job or industry, is an MBA essential to make the switch?
• What is the outlook for newly-minted MBAs in the job market now, and what is it expected to be two to three years from now?
• Is it the right time in your career to get an MBA, or should you wait a year or two? Do you have enough business knowledge from firsthand experience to enhance your business school classes right now?
• Have you already reached a point in your career that an MBA is no longer essential to your advancement?
If yes, an Executive MBA Program might be more suitable.
When you know what you want, it doesn't only affect your decision to go, it also affects your candidacy; admissions committees favor applicants who have clear goals and objectives. You’ll get chances to communicate these goals and objectives to the admissions committees throughout your written application and, if you have one, in an interview.
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