MBA – Strategy
The value of an MBA from a top school is indisputable. Therefore, you should give yourself the best chance for success by
putting as much effort as possible into your applications. But first, you need to evaluate your personal strengths and weaknesses
to determine which schools are your best fit.
Where to apply
From the US to Asia to Europe and other locations, you have a number of business school options. We recommend that you consider
where you want to be before beginning the actual application. Schools have their own particular atmospheres, particular climates,
geographies, cultures, in addition to having unique curricula, expertise, and ranking. Before simply applying to highest-ranking
schools according to U. S. News and World Report or Business Week or the Financial Times,
take a moment and consider the following questions.
Where would you like to spend a few years? Often the pursuit of prestige or the attempt to be accepted at the highest ranked
school possible (though important in some respects), gets in the way of selecting a school that is right for you.
What areas would you like to specialize in? How do you learn best? Do you prefer teamwork to working alone or vice versa?
Are there individuals at a particular school with whom you are interested in interacting? What are my chances of getting in?
Take time to consider your options. For example, Joanne is interested in the following criteria: (1) class size, (2) rank,
(3) curriculum, (4) length of study, (5) location (East coast), and (6) expertise in finance. In order to measure her options in
an organized fashion, she selects several business schools and inputs their characteristics in a chart.
You should weigh carefully what a school offers both academically and environmentally. This may require some degree of thought
and research as to how MBA programs are related to your professional and personal inclinations.
We do not recommend applying to too many programs. The crafting of too many applications can act as a hindrance on your
own ability to create customized applications for each program. In addition, every application incurs a financial cost.
However, how many is too many will vary from applicant to applicant.
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Now I am preparing for my GMAT tests. The course books Turbocharge Your GMAT and Official Guide For GMAT are very helpful. I think the combination of these two books is very good. What I like the most about Turbocharge Your GMAT course is Vocabulary lists. The other books don't provide such lists, but for me as a foreigner it is very important to learn the words that may appear in GMAT. For example, I was afraid not to understand a task in math section or to misunderstand it, and not to give correct answer to relatively easy question just because I didn't understand the data or the question. But after I learned Math Vocabulary list I very seldom misunderstand a task. Now the hardest GMAT task for me is Reading comprehension, because my vocabulary sometimes is not enough to understand a text, especially if it is historic matter. So now I am learning words from Vocabulary lists. Now I study hard every day, because I realize I am at a disadvantage in comparison to test takers, whose native language is English.
-Natalia (This student is based in Russia.)
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