Wednesday, September 17, 2008

Top MBA Program

Many students try to enroll in top MBA programs with the idea that the name of the institution can predict their career success. (MBA stands for Masters in Business Administration, a graduate level degree.) There is truth to that idea. Top MBA program schools are evaluated based on a list of criteria that determines the success rate of each graduate in relation to his degree from a specific institution. But at the same time, the top-rated institutions typically receive media coverage, which promotes higher enrollment figures. Since many public colleges and universities are dependent on enrollment numbers in order to receive funding from the government, they work hard to achieve this type of recognition by the media. The dilemma for the student choosing an institution in which to enroll is that these programs are hard to get into because of their reputations.

What criteria should a student look at when considering his enrollment? One of the first criteria that most students look at is the amount of money a typical graduate of a top MBA program can make. The higher the income, the better the school. The second criterion is the rate of advancement in a current career or in a new career. Those being promoted directly after graduating can attribute a portion of that promotion to the status that the top MBA programs gave them. The third criterion is the type of employer reimbursement given. If employers are willing to pay for these graduates, then an automatic type of distinction is given to those institutions.

The fourth criterion is the competitive edge given in securing employment. If two people graduated with an MBA, one from a standard program, the other from a top MBA program, specific honor and distinction are automatically given to the latter graduate. These colleges consistently produce entrepreneurial-minded business owners or top business executives. The graduates become leaders in their field and find job security. They are in high demand, and avoid the unemployment lines. The best colleges hire recruits specially trained to provide larger organizations with pools of potential employees from their institution.

Graduates from these universities tend to network more efficiently, use technology more consistently, and have an overall appearance of job satisfaction. It is no wonder that thousands of applicants flood the admissions offices of top MBA programs. In order to be considered for admission, the undergraduate degree and GPA are taken into account as well as any work-related experience. Anything else that would predict educational success and enhance the pool of successful graduates is viewed as positive. Proverbs 15:22 tells us, "Without counsel purposes are disappointed: but in the multitude of counsellors they are established." A wise applicant seeking admission to a top MBA program should speak with a professional educational administrator to determine which schools will best suit future career goals.

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