As an early career professional, you may be aware of the outstanding value to be gained from a full-time or part-time MBA. What you may not know are the five key steps to take before you apply, and how each may impact your timeline for entering an MBA program. Start here.
1. Research programs. Consider factors such as location, reputation, and career outcomes to choose an MBA program that meets your personal needs and satisfies your professional goals. The many things you should research include: application requirements, deadlines, financial aid opportunities, faculty, and reputation.
2. Register for exams. With an understanding of the b-school’s admissions requirements, including Graduate Management Admission Test (GMAT) and Graduate Record Examination (GRE) score policies, it’s never too early to register for the exam. In fact, according to the Graduate Management Admission Council (GMAC), you may score higher if you take the exam during, or soon after, your undergraduate years.
3. Allow time for retakes. If you are unsatisfied with your initial scores or find yourself weighing the benefits of a retake, beginning the b-school search process soon after completing your undergraduate degree gives you the flexibility to ask, should I retake the GMAT?—and act on it, if necessary. (The BC MBA accepts self-reported GMAT or GRE scores before you have to submit your official report.)
4. Gain work experience. In many cases, work experience is required before you will be accepted into an MBA program. (See average full-time work experience in our full-time and part-time class profiles.) It’s not just another admissions mountain to climb—you’ll leverage your work experience to maximize your MBA curriculum. Be mindful of this as you begin your post-graduate career, as the experience you gain now will be used both on your application and over the course of your MBA program.
5. Choose the right option for you. Following your undergraduate coursework, a full-time MBA program may be your preference; however, there are a number of distinct advantages to earning a part-time MBA, such as the option to take online courses, qualifying for advanced standing (which saves time and money), possible tuition reimbursement from your employer, and the ability to apply what you’re learning in the classroom to your industry immediately. (Did you know the BC MBA is a top-ranked part-time program in Boston?) Discover which path works for you here.