Points To Consider When Looking For Top 10 Mba Colleges
Points to Consider When Looking For Top 10 MBA Colleges
Having just graduated from a business school, the decision of choosing the best MBA program to broaden your knowledge and widen your career prospect is an extremely daunting task. Moreover, depending upon your requirements, the MBA program that is perfect for you may differ from the choice of other graduates of the top 10 MBA colleges list.
An MBA degree requires an investment of quality time, energy and a lot of money to ensure that you develop your abilities to the maximum and your skills are met to the requirements of the industry. Owing to these reasons, it is essential that while choosing the college from where you plan to pursue your MBA, you are supposed to be very careful and aware. Any kind of mistake in making this decision will cost you two important years of education and a large amount of money that cannot be recovered.
Here are some points that you should consider while looking for top 10 MBA colleges :
1. ACCREDITATION
Accreditation is the most important factor that will help you decide whether the MBA college is credible or not. Accreditation ensures that the MBA program offered by the university matches the standards set by the US Department of Education. Aim to select colleges that have a Regional Accreditation. An MBA degree from regionally accredited college is accepted by other higher education institutions, employers and organizations and it is also eligible for transferring credits. Regional accreditation is the gold standard for universities and colleges.
2. THE COLLEGE ALUMNI
The success of any institution can be evaluated by analyzing the alumni of that institution. Look at the alumni of the college and determine whether they are successful or not. A successful alumnus is often the result of a better education provided at the institution.
Furthermore, the alumni community of your college would prove beneficial in furthering your career objectives. Taking advice from the alumni and networking with them will lead to career prospects that may have not initially been available to you.
3. THE SIZE OF THE CLASS
Depending on your tastes and concentration level, the size of the class would make a definite impact on your learning. Not everyone is comfortable in interacting with a small class. Some people are uneasy sitting in a crowd of peppy students. Moreover, the size and profile of the class will also affect your learning experience. Learning with a diverse class will open you up to different opinions and perspective which may prove useful once you enter the real world of business.
3. FACULTY
Another essential factor to look into is the faculty of the college or specifically the program at hand. Question the expertise, experience, caliber and teaching methodologies of the faculty to ensure that they match your requirements. Look for programs that have an experienced faculty and expert from various fields, especially the one that you want to specialize in. The competence of the faculty will directly affect your academic performance. Additionally, experienced teachers will assist you in developing skills beyond the walls of the university.
4. CURRICULUM
Different MBA colleges offer differently designed curricula and program formats. It is vital that you choose a college that offers a curriculum which encompasses theoretical knowledge as well as practical application. Along with the core business subjects, the program should also contain the option for additional subjects focusing on communications, leadership, corporate finance, business ethics, logistics, etc. among many more.
5. CAREER PROSPECTS
Before enrolling into any MBA college, check the employment record of that college. Verify what job and in which sectors the graduates of the college were hired. It is of crucial importance that you select a college that has a good employment record and provides career counseling services to its students.
6. COSTS
Last but not the least, compare the fees of the top 10 MBA colleges on your list before applying. Ensure that they match your financial criteria. Also, enquire about any scholarships provided by the institutions along with any kind financial aid offered to students.
Before selecting an MBA program, carefully consider these points to find the best MBA college for you.