How Difficult it is to Get Into an MBA Program?

A Masters of Business Administration (MBA) degree is one of the most sought after professional degrees by people either in or seeking entrance into the working world. Many Chief Executive Officers (CEOs), or other high-ranking officials within the corporate structure will possess this degree and those with dreams of enjoying similar career success will likely need to earn one as well. This article will examine why finding the process of MBA Program acceptance can prove so challenging and some steps potential degree candidates can take to improve their odds and make their applications stand out in the eyes of admissions departments.

There Is A High Volume of Applicants

Typically, more than 100,000 MBA seekers submit their applications to top 10 ranked business schools in the United States alone, of which famed academic institutions like the Harvard Business School, the University of Pennsylvania’s Wharton Business School and Stanford’s Business School are among. The number of those applying to the remaining crop of business schools is significantly higher. The end result is a saturated market of applicants and, with such an array of candidates to choose from and a limited number of spots available, schools can afford to be quite particular with whom they pick.

Schools Establish Strict Admissions Requirements

In addition to having limited space available in their MBA programs, most reputable accredited colleges and universities require applicants to meet a number of rigorous admissions prerequisites. All schools will require a demonstrated and documented level of high academic achievement at the undergraduate level. Applicants will be expected to have earned a Bachelor’s Degree (preferably in a business discipline, but not required) and at least a 3.0 cumulative Grade Point Average (GPA) during their course of study.

In addition, prospective MBA seekers will likely need to have attained a high score on the Graduate Management Admissions Test (GMAT), author an essay highlighting both why they would be a good candidate for graduate study and how they plan to use their education in the professional world and submit letters of recommendation from past employers or professors discussing their attributes. In addition, some schools have a multi-tiered admissions process which might include an interview. In certain other instances, an admissions department might place emphasis on an applicant’s special skills or unique experiences.

What Can An Applicant Do To Improve Their Chances?

With so many qualified applicants in search of MBA Program acceptance, a candidate who stands out will often have a better chance of gaining admission. A major attribute most admissions departments want of prospective candidates is relevant work experience. Typically, reputable business schools will expect MBA program applicants to possess at least four years of employment in the business or financial industries. Experience alone, however, might not be the deal sealer. Considering a good percentage of applicants hold similar jobs, a candidate who has been promoted, has a significant degree of responsibility and/or serves in a leadership role will be viewed more favorably than those who lack such a background.

Admittance into an MBA Degree program can present a challenge. However, candidates who have a strong academic and employment record, display a passion for the business industry, display leadership skills and have a definitive career plan stand a solid chance of gaining acceptance.

See also: Top 10 Best Online MBA Programs