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For doing an International MBA, a number of things are required such as the Application requirements, Business Management Aptitude Test, Entrance exams, work experience, statement of purpose, letter of recommendation, graduate degree,
What are the Application Requirements For An International MBA?
MBA applications are elaborate and time-consuming. They require a lot of thought before being filled. But hey, nothing’s more important than your dreams, right? You start by filling information about yourself: Name, Age, Bio-data, sometimes a separate resume, academic grades, entrance test results, languages known, etc.
Apart from this, a personal statement along with two letters of professional recommendations is also necessary. This is because B Schools admission committees want to know what your co-workers and supervisors think of you and to have a clearer view of your skills, potential, and fit. A lot of B Schools also ask essay questions on the same like “Why do you want to get into our school?” etc.
A statement of purpose is basically a statement of one or two pages in length, which indicates to the university why it is that you are interested in the program. It also indicates what makes you qualified and motivated to complete them. You have to convince them to accept you over the thousands of other applications they’ve received. It is better to include some of your personal experiences along with the factual details, so that your story seems compelling. Try to ensure that it does not exceed the word limit and is readable font-type and size. Use simple and clear language and do not be repetitive.
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These are letters from a few relevant people who can confirm your qualifications and recommend you further. It provides a comprehensive insight into your suitable candidature for admission into the concerned university. Choosing the right recommender is key: an ideal recommender is the one who knows you well, has personally witnessed the quality of work delivered by you, and has agreed to provide specific instances of your valued contribution and excellence. Another important point to focus on is that the letter of recommendation should not be a repetition of a statement of purpose. An ideal LOR is supposed to demonstrate aspects of your personality not mentioned either in your SOP or resume.
A Bachelor’s Degree or Equivalent
The basic requirement is to have a Bachelors level (or higher) graduation degree. This degree could be in any field; be it engineering or doctoral or in management. It is preferred to have a full-time degree from a reputed university. The evidence required to be submitted for this is an academic transcript having a record of all semester-wise grades.
One of the major requirements for an international MBA is work experience. Usually, you must have a minimum of 2-3 years of experience. Though, this differs from place to place. For e.g.: To pursue MBA in US, you’ll need a minimum of 2 years of experience depending on your responsibilities but in Europe, you’ll need minimum 3 years of full-time experience. This is because the MBA colleges abroad expect students to have industrial exposure. They expect them to possess technical as well as fluent managerial skills so that they are ready to take up the middle or senior management level jobs post MBA.
One of the most important things to get into an international MBA is to score well in the standardized tests. There are two types of tests designed: one to check the aptitude for business management and the other one to check the comfort level of a candidate with the English language because it is the primary mode of communication in the international corporate world. The knowledge of an additional language puts a feather in the cap.
The place of your dreams is not far away and we hope that the above pointers help you chart out your path.
Getting finance for an international MBA is one of the final and most important requirements. MBA abroad can be costly but the career opportunities you get after if make the expenses worth it. It is important for you to know the best loans for you as a slight difference in the interest rates you get and you could have got can result into paying a lot of your hard-earned money. The best approach can be to touch base with an education loan counselor like that of GyanDhan. It can provide you free education loan assistance and offer you the best deal you can get on student loans. As the international MBA costs high, GyanDhan also has a partnership with international players of education financing such as Prodigy, in order to help you avail hefty finances (around 70-80 lakhs) including your living expenses abroad. It has also collaborated with government banks and NBFCs to provide you with the best choices. You can request a callback from GyanDhan to know more about financing your abroad MBA.
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