- Online MBA
- Executive MBA Online
How to Choose the MBA Program That's Right for You
November 9, 2023
Not sure which MBA program is suitable for your professional career? Here are four components that can help you commit to a path in attaining superior educational credentials.
Matching Your Career Goals
Before choosing a MBA program, you first need to establish your career goals. A MBA is an investment that lasts a lifetime. You'll be reaping the benefits of your efforts years after completing the courses. Because of this, you need to focus on the future of your professional goals. A simple way to accomplish this is by writing down your desired career path. Include positions and promotions that you hope to land, as well as the skills you need to sustain these new roles.
It's important to note that most career paths are not a smooth, straight line. For example, you might be in the investment banking industry now, but later on in your career you could have interests in starting your own digital media firm. If you're considering a future career shift, it makes sense to consider MBA programs that supplement your overall goals and not just the first hurdle in your career.
What About Your Target Company?
Well-known companies such as McKinsey & Company and Microsoft have a reputation for hiring from selected schools and universities. Individuals who are targeting such companies don't have much flexibility in choosing other schools. In order to increase one's chances in landing a job or internship, individuals should look into the educational path of the current employees in the company. Additionally, candidates may also want to join specific clubs and school organizations that are closely affiliated with recruitment.
Location Matters
MBA programs are incredibly demanding, especially after a few months in. You'll have several group projects where you need to accommodate your team's personal schedule (apart from your own). If you're juggling a career or a business, driving for long periods of time can take its toll on other parts of your life. To avoid getting burned out, consider choosing a school that is conveniently located near your home. Essentially, the location of the campus should match your lifestyle. If your personal schedule isn't fully booked with extracurricular activities and other commitments, then you may have room for lengthy commutes.
Consider Online Platforms
Online MBA courses are becoming very popular and are great for individuals who are unable to match their busy schedules with their local university. Taking advantage of online platforms allows candidates to learn at their own pace and study virtually anywhere. This flexibility is perfect for parents, business owners, and individuals with demanding careers. Candidates who participate in online MBA programs still need to submit assignments on a regular basis and attend virtual lectures. In some cases, individuals are required to take tests at the university with other enrollees.
For most people, choosing the right MBA program is not an overnight process. Due the cost and effort that goes into completing a MBA, it would be worth seeking professional guidance in order to get a full assessment of one's skills, capabilities, and outlook.