The hardest thing to do is make a choice.
And when it comes to your education it is even harder.
First, we struggle in grade 10 then after 12th, and then after graduation. There are a lot many factors you need to consider while choosing your education.
Researching top Business schools should be the most important activity in your MBA application process.
The fact that you are reading this article means you are also struggling with figuring out what is the right choice for you to pursue your MBA. You know everyone in their life goes through this phase and we understand how much the right guidance can help a person.
An MBA can increase salary potential, build relationships and advance your career and business skills.
But do you know there are only a few things you need to take into consideration and they are really very simple. In this article, we will be sharing seven factors to consider while choosing your MBA program in 2022.
So why did I mention the year in specific??
Well, since the pandemic things have changed a lot. The corporate demand for skills has developed like never before. The competition has increased as well.
In order to fulfill that you have to select a program that has all the qualities to fulfill these needs.
But need not worry when we are here for you!!
Here are the 7 factors to consider while choosing your MBA program in 2022!
7- Your Goal after Post Graduation –
You need to think it through, why do you want to pursue MBA? What actually you expect out of your MBA program?
I hope you are not doing it just because your friends are pursuing it.
You just not need to find the right college but also your aim to pursue. The demands are very high these days and MBA is to brush your skills in such a way that you can handle managerial positions and be good at leadership.
If your goal is clear with what you want to pursue in the future then MBA can really help you with that. It can increase your salary, designation, and also your knowledge.
6- Location –
Geography influences the community environment as well as college strengths and recruitment abilities.
There are many aspects of the geography of a college that you can keep into consideration.
Even if it includes you want to pursue it from India or abroad. That is a critical point that will help you to narrow down your options.
A few factors to consider in locating your best MBA college are the language, culture, climate, and industries around.
After the pandemic, there are few colleges that are offering online study programs with the same knowledge and experience, so that you do not have to affect your studies even in these unpredictable times.
All these factors might look small to you now but cumulative they make a huge difference.
5- Length of program –
The duration of your chosen program sets the pace of your studies, the longer the program will be the sooner you will start losing interest and if the program is perfectly designed and is for a smaller duration then it will help you to keep up your pace. It will also help you to enter the job- market soon.
But it is really important to check their curriculum for the whole duration of the course, in order to rush you do not want to end up in a college which will not brush your skills the way should be.
4- Curriculum –
Well, the academic matters a lot when it comes to MBA. It is really very essential for you to check the MBA curriculum and its progression. An MBA program is nothing like your graduation. The MBA curriculum should match your career goals.
You can consult with the admin and ask as many questions as you want to so as to be clear about every tiny doubt you have about the program.
The curriculum of MBA should be designed in such a way that it fulfills the market demand.
3- Cost –
You have to consider one of the major parts of your program which is the cost of the program. You do not want to pay uselessly in a program where the amount does not justify your learning outcomes.
You have to compare what other best colleges are offering and how it is different. The ROI of an MBA is not easy to calculate.
There are still three things you can take into consideration – knowledge, network, and perspective. These are assets you gain from an MBA which will be beneficial for you throughout your career.
2- Alumni feedback –
One of the best ways to know about the college is through the alumni of the college.
You need to check the student success stories of the college. What were the placements of the alumni of the college? Things you need to check-
Can you get in touch with them?
What are the tools that the college offers to contact them?
Is there easy access to the alumni database?
Most of the trusted colleges offer easy access to this information even if they are happy to share. Current students and recent alumni would be too short-sighted to give you a perspective on the impact of the MBA program.
The more involved the alumni the better ROI.
1- Placements –
The most important part of an MBA program is the placements. You need to check which companies they have tried up with for placements.
What kind of profiles did they come up with?
What package do they have to offer?
What is the past student placement ratio?
You can juggle a bit with the training and placement cell of the college.
Because no matter what the college has to offer you do not want to be stuck at a place where there is no placement guaranteed.
You might want to check out a recently launched Alt MBA program of Digital Gurukul where they will work on your Digital Marketing skills along with Business Management skills for a small duration of 6 months along with practical experience, guest lectures, internships with corporate, and startups, and job placement.