MBA Advice
September 03, 2010, 2:32AM EST
Pursuing a Joint MBA Degree
Some students choose to pursue a joint MBA degree — a degree that allows you earn your master’s in business administration as well as a graduate degree in another field, commonly healthcare, law, or medicine. There are both advantages and disadvantages to pursuing a joint MBA degree. According to MBA Map:
Advantages
- Specialized knowledge: The main reason for pursuing a joint degree should be if the knowledge acquired from the additional degree will be useful in your chosen career. Employers will certainly question why you chose a joint degree and it is important that you can articulate how a joint degree has added to your skill set.
- Smaller time commitment: Joint degree programs are often a year or more shorter than if you pursued both degrees separately.
Joint Degree Disadvantages
- Compensation for the additional investment: Even though a joint degree requires extra time and money, don’t count on it resulting in an increased starting salary. Many companies will treat you compensation-wise as they do other MBA candidates.
- Joint applications: A joint degree usually means applying to each program separately. Be prepared to justify to the school how you think a joint degree will be of benefit.
Other disadvantages are that a joint program takes longer to complete than a regular MBA degree program, so students will not graduate with the other members of their class. Furthermore, they will not have as many elective classes to take, so their ability to take classes outside of their specialization will be lower.
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Appearing as the Perfect Candidate for your MBA Program
Many people make the mistake of thinking that the interview with your MBA school is the most important part of distinguishing yourself as the perfect MBA program candidate. However, without the perfect application, you may never get that interview. For that reason, Toqquz.Bulaq Gulzari offers these tips on putting together the perfect MBA application:
Have a really solid and complete application file. List down all your qualifications and your work experience in a way that complements them. Do NOT leave any part of the application form blank.
The essay that is required with the application should be written sincerely and should be so compelling that the person reviewing your application finds it tough to put your essay down.
Prepare for your GMAT test beforehand so as to have … | Read the rest of this entry »
What to Consider when Considering an Executive MBA
An executive MBA program is an MBA program that is designed for current business executives who want to pursue higher education in their field without having to quit their current job. This is the ideal program for most executives; however, there are both benefits and drawbacks to enrolling in an executive MBA program. According to MBAMap.com, the advantages and disadvantages are:
Advantages:
Class schedules are flexible to allow students to travel to and from the program with minimal disturbance from their work schedule. For instance, classes typically are held every other weekend over the course of two academic years. This means that students will not have to relocate to the school’s location in order to attend classes.
Many companies sponsor executive MBA students both financially and with … | Read the rest of this entry »
Choosing an MBA School
There are many things that you might consider when choosing which MBA programs to apply to. Say, for example, that you want a position with a company that only recruits from certain schools. Then you’re going to want to apply only to those schools that the employer recruits from. The following list by the Young Professionals Group showcases the top things that people look for in an MBA program:
International reputation/prestige
Profile of participants
International reputation/prestige
Teaching style and specializations
Flexibility and convenience
Low Cost
Students should consider each of these factors individually when choosing an MBA program as well as any other factors that they might find important. Students may want to make a list of everything they find important and rate schools based on how well they fit the criteria. … | Read the rest of this entry »
Using an Admissions Consultant
Many people assume that an MBA admissions consultant is a service that simply writes your MBA application essay for you. However, this is not true. Many MBA consultants hold MBAs, and many are prior admissions officials from MBA programs. They do not write your essay for you; rather, they help you create an entire application package that will appeal to admissions representatives.
When deciding whether or not to use an admissions consultant, consider this advice from Journey to my MBA:
Misconceptions are rampant regarding essay consultants. First of all, they don’t write your essays. They don’t lay it all out for you. Their purpose is to help you create an application package that does several things. 1) Craft an essay that reflects who you are at the … | Read the rest of this entry »
The Importance of an Internship for MBA Students
You could have a degree from the best MBA degree school in the world, but, if you’re leaving college with no work experience under your belt, your degree is probably going to be meaningless in the job field. Besides being a good means of gaining work experience, working an internship is also a great way to network and get your foot in the door somewhere. MBAMap.com offers the following advice on finding an MBA internship:
You can’t start too soon.
It is never too soon to start thinking about where you want to apply for MBA internships. It is smart to begin thinking about it even before school begins. When school starts your hectic schedule may leave little time to reflect.
Network, network, network.
As you start clarifying … | Read the rest of this entry »
Getting Into a Top MBA Program with an Online Undergrad Degree
Many students stray away from online undergraduate degree programs because they feel that earning an online degree will hamper their chances of getting into a top MBA program. However, where an undergraduate degree is earned is not always the most important thing that an MBA school looks at. According to Men.Style.com:
MBA programs will tend to value work experience much more highly than the degree you earned in undergrad. Full-time MBA students typically have six years of work experience under their belt, with a good professional trajectory. I think schools want focus and good experience with leadership and teamwork. So your online courses probably won’t hurt you so much if you make sure that you shine in the work world before entering an … | Read the rest of this entry »
Choosing an MBA Specialization
Many people who enroll in an MBA program fear that they’re going to diminish their chances of getting the job they want because they chose the wrong MBA specialization. However, experts in the field insist that the specialization is not going to severely affect what job you’re able to get. According to InfoWorld:
Realize that the bulk of the course load in most MBA programs consists of a core curriculum covering the gamut of general business studies: accounting, finance, marketing, operations and management. You often don’t have to declare a specialization right away, or can change your initial choice. Take the core classes, see what floats your boat and “specialize” in that.
Keep in mind the “specialization” or “area of study” is often only 4-6 courses, and … | Read the rest of this entry »
Choosing an Online MBA School
There are many things that you need to consider when looking into an online MBA program: accreditation, cost, flexibility. It can be just as if not more difficult to choose an online MBA program as it is to choose a traditional MBA program. offers these tips for choosing an online MBA program:
A major consideration with regards to choosing an appropriate online MBA course is that of accreditation. There are many suspect MBAs vying for your business. The obvious ones to avoid are those offered by diploma mills. These are usually offered by distance but may appear on searches for online courses and will often give ridiculous credit for life experience and sometimes (but not often) require one written paper in order for you to be … | Read the rest of this entry »
Where You’ll Incur the Most and Least Debt
In their 2008 graduate school report, U.S. News and World Report compiled numbers from 2006 graduates of MBA schools around the nation to determine what programs have students with the most and the least debt after graduation. Below are the top five schools from each end of the spectrum:
Most Debt:
University of Chicago
Stanford University
Dartmouth College
Yale University
Rice University
Least Debt:
James Madison University
New Mexico State University
University of Vermont
Rockhurst University
East Tennessee State University
While some of the incurred debt results from whether or not the schools offer part-time or full-time programs, much of it lies in the amount of tuition as well as the intensity of the program. For a full list of the amounts of debt students from different MBA programs had post-graduation, visit U.S. News and World Report.


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