By Mackenzie Burckbuchler
An MBA can help you accelerate or even pivot your career and give you a distinct advantage in the workplace. If you are considering the degree, you probably know how important the application process is. Before you begin your application, there are several steps you can take to simplify the process and set yourself up for success. Associate Dean of MBA Operations at Vanderbilt Sue Oldham offers 5 pieces of advice to prospective MBA applicants.
1. Consider the Timing
Sue Oldham
Many MBA programs prefer and/or require students to have at least 2 years of work experience to be considered for admission, but many professionals wait longer before attending business school. Apply at a time that feels right for you. Competitive MBA applicants have spent their time in the workforce building their resumé and taking initiative. You will want to have metrics and stories that exemplify your success in the workforce. Start applying to full-time MBA programs when you feel confident in your resumé and when it makes sense for you and your career trajectory.
2. Prep for Standardized Tests
Although some schools are eliminating standardized test requirements, a strong test score can distinguish you during the application process. Set aside some time between undergraduate and business school for test preparation. With schools accepting a wider variety of tests now, including the GMAT, the GRE, and sometimes even the Executive Assessment, early test preparation will give you ample time to decide which test is right for you. Practice exams also help you identify areas of strength and weakness, offering you an opportunity to grow your skills.
3. Craft your Story
Throughout the application process, you will need to understand the story behind your journey to business school and communicate it effectively. Reflect on your background, your experiences, and your interests. Find the links between all components of your narrative and relate them to your aspirations. A compelling story can set you apart during the application process and will help you derive greater value from the program itself. Note that your journey doesn’t have to resemble a straight line. “Some people’s stories look like random jigsaw puzzle pieces,” says Oldham. “Pull your story together to reflect your background and where you want to go next.”
4. Start Researching Schools Early
Business schools vary in many ways: location, cohort size, program culture, degree customization offerings, and employer relationships, to name a few. What factors matter most to you? Explore different program types and compile a list of schools that interest you. Make sure to keep your goals in mind. “You want to look at the employment numbers, the employment reports, where the students go geographically after graduation, and what concentrations or majors the school offers,” says Oldham.
5. Pursue Enrichment Outside of Work
Your professional life is important, but it is also important to make time for your passions. Get involved in a program at your place of work, join a club or association in your community, or volunteer and give back on the weekend. As Oldham tells us though, do not feel like you have to do it all. Simply find one or 2 things that speak to you and get involved. This will strengthen your application and can help you solidify your interests and long-term goals.
Once you have considered all of these elements, “put your first foot forward,” says Oldham. “All schools want to get to know you. Register for events, meet with current students and alumni, visit a school in person or through a virtual visit. Showing that interest and persistence can only help you.”
Planning for the MBA application process early will give you confidence and allow you to make the decision best for you. Learn more about Vanderbilt’s Full-Time MBA program here.