Business degrees are popular at both small colleges and large universities. At an undergraduate level, some schools offer various business major choices, while others have separate schools devoted entirely to these subjects. On a graduate level, entry to business school is often very competitive. Attending the institution at an undergraduate level does not guarantee admission to its graduate business school. There are several factors involved in picking a business school that will increase the chances of finding the best one that will approve admittance.
Step 1: Determine your desired major. Most schools offer the standards such as an MBA or Master’s degrees in finance, accounting, marketing, and management. However, prospective students can increasingly find unique areas of graduate study like environmental management, entrepreneurship, and human resource development.
Step 2: Review the tuition costs of the different schools that offer the program. If an employer will not be picking up some of the tab, identify whether there is enough money in the personal budget. If not, review financial aid options. Do not let cost be the only deciding factor but make it one of the main considerations.
Step 3: Explore joint, accelerated, and online programs. Joint programs that include Doctoral degrees often include a stipend or tuition reimbursement. While most Master’s level business programs take two years to complete, some schools offer one-year programs of accelerated study. These are usually less expensive and classes are held during weeknights and weekends to accommodate working professionals. In addition, consider an online program because these often offer additional flexibility for those with personal and work commitments.
Step 4: Make a short list of the desired schools based upon major, type of program, cost, and geographic location. Research the experience and credentials of the faculty at each school. When applying, tailor the application essay to the school and an area of interest in which a faculty member specializes. Doing so will increase the chance of getting accepted.