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How do I choose a university for my MBA using the undergraduate business school rankings?

I’ve decided to take my MBA after working for some years. I am now considering high paying positions or even changing my current job for a better-paying one. There are over 500 schools to choose from based on the undergraduate business school rankings. However, I am wondering which is the best online real estate school for me to join? Which selection criteria do I use to arrive at the best webschool? The only criteria I am familiar with is the use of school rankings. Is using the business school ranking the best option? I will appreciate your advice as it will help me a great deal.

Megan Page

in Schools

1 answer

1 answer

Zach Chandler on January 31, 2018

More often than not, candidates use the GMAT in conjunction with their undergrad business school rankings to settle on a school. However, this method is fallacious due to a number of reasons. The first issue is that there are numerous rankings out there. Some new, others popular but older. So, out of all of them, which one do you use as a base? Another issue is the GMAT score. Most schools publish GMAT average neither by school nor by country. Again, schools also manipulate and group the scores to suit their purpose. This means that making a comparison is also a challenge.

Are you surprised upon realizing that your criteria were dubious and too simple? Do not worry. You just took a productive step forward. I only needed to caution you that if you are going to put your money in this, you should thus be extra cautious with the selection criteria. There are important factors that you should consider when choosing a web school for your MBA.

First, before going to a school, try to research for hard data rather than using  your gut-feel. For instance, the population of international students in that school. Fortunately, most schools make this available. Nevertheless, some business schools’ rankings may add a pinch of salt to their statistics. Also, there are some things you might be unable to assess. For example, the soundness of your goals and your communication skills. However, this should not worry you much as the admission committee are not perfectionists. Their sole duty is to use the data and information provided to make a sound decision.

The second factor to consider when selecting a school for your MBA is the acceptance rate. Others may refer to it as the selectivity rate. For instance, out of 200 applicants, how many have a real chance? This data may also be available online, though you might need some digging to find it. Third, do an internal VS external factors analysis. You need to establish how you will pay for your studies. Will you rely on a scholarship or pay for yourself? This is an important factor to think about because MBA scholarships are rare and often unpredictable. Last but not least, break down your list into categories. This will ease your research and analysis necessary for applying for the best on line real estate school.

Tad Frazier2 years ago

What a good advice on selecting the best web school for MBA. For sure, such criteria are crucial and will come in handy. Of course, you all know that choosing the right business school is not just an automated process. There should be a great deal of involvement in judging aspects of your profile, career goals, connecting of dots and the ability to impress the selection committee. I was stuck during this process, but will now settle and make my choice. I had previously applied for three business schools in the US such as Arizona, Georgia, and Michigan, but none gave me a
reply. Probably, I made the wrong choice of school. This information is so helpful. Now, I know where most people go wrong. On the contrary, there are also others whose career seems to get better after completing their MBA. Now I got the secret. I am now armed and ready to take a step forward in my career.

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