Pros and Cons of Going to Business School
Figuring out how to get into business school is a long and arduous process. Even with the expert help of a Fortuna Admissions coach, you have to put in the work and rise to a series of challenges in order to succeed. And, a hidden benefit of working with us is the enjoyment you stand to get out of this self-discovery process.
Because of that, it’s good to look at some of the pros and cons of applying to business school so that you know exactly why the process is worth it.
One of the biggest advantages of business school is the knowledge you will gain in the company of brilliant faculty and peers, many of whom are pioneering in their respective industries. If you get into a top MBA program, you will receive an education that will prepare you to handle almost any challenge in the business world and set you up for success.
Another huge benefit that you can expect is the connections and relationships you will forge – both inside and outside the classroom. Top schools have incredibly deep and loyal alumni networks, which will be an invaluable resource when you’re working on activating your own ideas.
Finally, since the business school admissions for the top programs is incredibly competitive, your competitive advantage with an MBA increases as well. Employers will be much more likely to pursue you, especially over other candidates with like experience, if you also have a degree from a prestigious institution.
As for the cons, the biggest ones are probably the financial commitment and the time it will take to graduate (during which you also won’t be earning a salary).. But even though both can be significant short-term obstacles, the education at the right institution is almost always worth it as you are setting yourself up for success in the future.
Tips for Applying to Business School
Now that we’ve cited some of the reasons you may wish to apply to business school, let’s look at the factors of how to get into an MBA program.
Give Yourself an Early Start
One of the biggest advantages you can give yourself is getting an early start on the process of application and preparation. Business school prerequisites can be tricky. As a result, be sure to give yourself plenty of time for research, studying for entrance exams like the GMAT or GRE, and time to reflect deeply on your options.
Remember, you will likely have to overcome various setbacks along the way. With that in mind, allowing ample time to meet the MBA admission requirements will put you in the best position to succeed.
Research the Schools You’re Considering
When figuring out how to get an MBA, remember that not all degrees are equal. Every program is different, too, so you should carefully analyze which schools match what you are looking for.
The majority of top-tier schools usually have all-around strong MBA programs. But depending on the path you want to pursue, some schools might be better suited for the field that you want to work in.
Culture and community vibe differ greatly as well, and can be among the biggest fit factors. To get the best idea of what a school is all about, we always recommend a visit to campus and sitting in on a class if at all possible. That can tell you a lot about its institutional and community culture, which are important considerations given this may be where you spend the next two years of your life.
Think About Who You Are
One of the most critical aspects of how to get into business school is being authentic and true about who you are. Schools seek candidates with demonstrated leadership potential, who have clear goals and a sense of purpose greater than themselves. Instead of trying to portray yourself as you think schools expect you to, dig deep into what makes you unique and tell a story that will capture attention in a way that’s both sincere and compelling.
At Fortuna Admissions, we assist applicants by helping them crystalize their message through essays, interviews, and the overall application process.
Top MBA Programs for 2021
An MBA is one of the most coveted degrees in the country. As a result, it’s no surprise that there are plenty of prestigious programs that you can choose from.
Harvard’s MBA program is always in the conversation when talking about the best schools, and for good reason. Many graduates of the program are now CEOs of Fortune 500 companies. In addition, Harvard even has a couple of former Presidents among its illustrious list of alumni.
Stanford is another prestigious choice known for its selectivity. In fact, it is considered to have the most competitive business school application in the world. It has a relatively small class size, and is right next door to Silicon Valley, making it an ideal spot to break into the tech world.
Finally, Wharton completes the top-tier trinity together with Harvard and Stanford, oft referred to as HSW. It’s known for its forward-thinking program that’s diverse, innovative, and maintains the very highest standards of education.
Hiring an MBA Consultant to Increase the Chances of Acceptance
Now that you have a better idea of how to go to business school and which schools are the very best for an MBA, we must answer another question: why should you opt for MBA consulting services from Fortuna Admissions?
After all, it is possible to apply on your own, so should you hire outside help to guide you through the process?
While each situation is different, we deeply believe in the significant added value our team of industry experts and former insiders can offer to your business school application journey..
Getting into the right school can be the deciding factor that shapes a person’s career and success. With that in mind, putting yourself in the best position to succeed is crucial.
Our expert consultants are former admissions directors and senior staff at the most prestigious MBA programs and/or business school alumni themselves, who bring extensive experience in both industry and business school admissions. Our team’s expertise is second to none, and no one is better poised to help you understand the business school application requirements and success factors for different schools.
Figuring out how to get into business school can be complicated, especially when you’re targeting prestigious schools. However, our MBA advisors will help you put together an application that showcases your strengths and gets noticed, no matter how competitive the pool may inevitably be.