Management Education Abroad MBA and other opportunities. What will be covered in this presentation. Courses in which you can apply directly after finishing your undergraduate degree. The application procedure, requirements and the GMAT. What a business schools wants in an applicant. Example of an MBA application. My advice for you. Courses in which you can apply directly after your B.E. MBA Programs Typically all good business schools require minimum 2-3 years of quality work experience for an MBA degree. Schools and programs that offer you deferred admission: 1. 2. 3. 4. 5. Harvard Business School 2+2 program. Stanford GSB deferred MBA. IESE –Young Talent Program. ISB –Young Leaders Program. Yale Silver Scholars Program. Other schools that directly accept your application (but don’t have any exclusive parameter for freshers) 1. 2. 3. 4. University of Chicago Booth School of Business NYU – Stern Wharton MIT Sloan Masters in Management MiM is a new European concept to target freshers. The course is specifically designed for freshers. Almost all top European B Schools have a MiM program. Course duration varies from 1-2 years depending on the school. Typical fee for MiM – varies from 15,000 Euro to 30,000 Euros. Average packages as claimed by schools are around 50,000- 70,000 Euros. Usually suited for middle level management jobs. Is very new to the market and will take some time to establish. Some Top colleges that offer MiM. London Business School London School of Economics HEC Paris IE Spain ESCP Europe Manchester Business School Duke Fuqua Other Programs MS Finance. MS in Financial Engineering at CMU Tepper School of Business. MS in managerial economics. MSc in luxury brand management. Msc in international business. Application Procedure Completed online application A valid GMAT score. Application Essays. Letters of Recommendations (Preferably from a professional recommender) TOEFL Score (may be waived) Interview (by invitation only) The GMAT GMAT stand for Graduate Management Admission Test. It is organized by GMAC. It is held on all weekdays throughout the year but the seats for examination are limited. It is accepted by more than 2000 schools around the world including the ivy league schools such as Harvard,Wharton, Stanford etc. Till 5th June the GMAT will consist of 2 sections covering Quantitative ability and Verbal ability. After 5th June a new section called the integrated reasoning section. It will consist of questions on statistics and data interpretation. The GMAT score is valid for 5 years and the test fee is 250 US Dollars. What does a Business School really look for in an Applicant? Clarity of goals. Maturity. Good communication skills. Involvement in extra curricular activities. Good leadership skills. A steady and good academic record. A good GMAT score. An all round personality. Example of MBA application Essays The following are the essay question from HBS 2+2 application for the MBA class of 2016. 1. Tell us about three of your accomplishments. (600 words) 2. Tell us three setbacks you have faced. (600 words) 3. Why do you want an MBA? (400 words) 4. What would you like the MBA Admissions Board to know about your undergraduate academic experience? (400 words) My advice Have a clear picture of what you want to do and chalk out a plan for yourself. Ask yourself do you really need an MBA to achieve your career goals? Participate in as many extracurricular activities as possible. Don’t do it for the sake of collecting certificates, participate in order to learn. Maintain a good and steady academic record. Work on your communication and decision making skills.