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MBA FAQs
MBA Admission FAQ
When
should I apply?
For a
program starting in September, there are typically three application rounds
per year - early November, mid January and March. January program deadlines
are often four months later. Apply as soon as possible, however, because for
most programs, decisions are made on a rolling basis and applications are
evaluated in the order of their arrival. If you would like to be considered
for merit scholarships, you often need to apply early. International
applicants may have special deadlines to consider.
Is
strong math background required?
The answer
is YES. Your program will not enroll you until you can handle the
quantitative demands of the program. You might be invited for a summer Math
session offered by many schools. If your program doesn't offer such a
session, try to get a proper stats book that can significantly improve your
proficiency.
Does
admission committee consider some parts of the application more important
than others?
No. A
strong GMAT score may compensate a low GPA, a strong interview may offset a
lack of professional experience, and a strong essay package may remedy your
academic gap. In general, business schools are more interested in the whole
picture of you: academic performance, professional experience, and personal
values. The admission committee also considers your skills of teamwork,
leadership, management potential, etc.
What
is the minimum length of work experience required?
The top
schools suggest a minimum of two years professional experience. Very
occasionally (2%) they offer to truly outstanding candidates with less
experience (college senior) and offer a defer.
What
job or company does business schools prefer?
Schools
welcome applicants from a wide variety of backgrounds, consulting or
industry, public or private, profit or non-profit. The MBA education which
conveys a fundamental business concepts and skills, itself is suitable for
people with very different backgrounds. Every year, business school recruits
a significant portion of non-traditional candidates with technical,
scientific, medical and even military sectors. This complies with today's
highly diverse business environment.
Is
there an age limit for students?
Older,
mid-career students may be encouraged to apply to executive programs. This
is in part a reflection of the recruitment market, which favors graduating
MBA who are 27 to 34 years old, who are felt to be more adaptable to the
culture of their future employer. If you are above the age range for the
school, you need to be even more specific in your career goals, explaining
why at this stage in your career you should be leaving your well-paid job.
Can I
apply if I have already obtained an MBA?
No.
I've
taken the GMAT more than once. Which score will be considered?
Schools are
looking for your best score, and they will not take the average of two GMAT
tests.
Does
the recommender have to use the school application form?
Schools
will understand if a recommender chooses to write a recommendation in letter
format, but they may achieve greater impact by addressing the specific
questions asked by a school. Therefore, it is preferred to use the school's
recommendation form.
Does
the recommender have to write the letter in English?
Yes.
Do I
need an interview?
Many top
MBA programs now offer interview on invitation only. Other school policies
vary. For example, Stanford does not offer interview at all, while Kellogg
tries to interview all applicants.
Is it
better for me to interview on campus, where I live or by phone?
We strongly
encourage you to visit the school's campus since you can experience the
school firsthand, and find out more about the program. However, the
interview itself will have equal weight whether on campus or with an
official alumni admissions representative.
Is
there any financial aid available to international students?
A majority
of schools award scholarships based on merit to incoming international
students. These scholarships are offered on an individual basis, and may be
based on country of origin or other specialized criteria. Teaching Assistant
positions are also available for second year students, but limited and
highly competitive. In addition, programs offer loan programs requiring a US
citizen co-signer. A number of programs are now able to offer school
sponsored loans that do not require a co-signer.
Can I get my MBA in specific concentration?
Most MBA
programs offer a wide range of electives that allow students to tailor their
education after completing the first-year' core curriculum. The degree
awarded, however, is an MBA. Many schools now offer other Masters programs
with a very specific course content, such as MS in Information Technology in
Stern/New York University and Simon/University of Rochester.
Resources: MBA Admissions
Statistics
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MBA Admission FAQ
MBA Funding FAQ
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