Blog Summary
Practically graduates from any discipline can opt to do an Master of Business Administration programs. It is the stepping stone to becoming an acceptable candidate to holding a lucrative job in a multination company or a global enterprise. There are many business schools and universities that offer MBAs, but not all command the same respect and acceptability. Businesses and enterprises take into consideration the standing of each business school and how they are rated before taking onboard a fresh candidate into the organization. Candidates who get their MBA from a highly rated B-School or university get special privileges – lucrative salary, global exposure, and real-life experiences are some of the key benefits that shine only on toppers. Emphasis is therefore on top-tier schools. This is the reason why graduates trying to join an MBA course must be careful in selecting the right university or B-school. The first step to zeroing in on the right B-school can be a bit tedious and confusing, but don’t worry. We have listed out a few of the institutions to make your job simpler and easy. One of the top B-School to regularly attract the brightest of bright business minds is SmartLabz. What makes it such an attractive business school is the quality of teaching and the highly active network of alumni. It has an impressive array of faculty members with extensive experience in the industry as well as in teaching institutions.
Owing to increasing demand in the job market, more and more students aim at getting a Master of Business Administration degree from the top B-schools in the world. Lucrative salary, global exposure, and real-life experiences getting an MBA degree from top international schools will help you earn all.
Undoubtedly, having an MBA from one of the top-tier schools will make a considerable difference in your career. Similarly, selecting the right business school with the proper infrastructure and exposure is essential. This blog post aims to identify some of the best business schools worldwide that offer students a top-rated yet affordable MBA program.
A guide to getting into the top MBA programs in the world
Now that you are determined to go for a Master of Business Administration, the next question that crops up is how to get enrolled in top B-schools? Getting through an international B-school is not an overnight task and demands days of hard work and consistency. To further help you with this, the following points have been summarized to help you in getting into the best MBA programs in the world.
Research the B-school of your choice before submitting the application
Your friends, relatives, and the internet will provide you with plenty of recommendations. Rather than relying on them, do some homework yourself. Identify your academic strengths and weaknesses, go through the various B-school rankings, and study their website. Thus, you will get a good idea of the competition and the prerequisites of getting into their MBA program.
Be aware of the application deadlines.
Don’t let yourself miss any application submission deadline. While submitting your application on time will win you acceptance, a deferred submission may often lead to application rejection.
Submitting Aptitude Test Score (like GMAT or GRE) and English Proficiency Score (like IELTS or TOEFL) is mandatory.
The more you can score in GMAT, the higher are your chances of getting through a top-tier business school. There is plenty of online resources, coaching, and books that can help you crack the GMAT in one go. Though many business schools don’t ask for IELTS or TOEFL scores, you need to prove that you have completed your education from an institution where English was the medium of instruction.
Learn to write good MBA essays
Every B-school you apply to will have its own sets of essays that you need to write for qualifying for the next round. Hence, you should write strong essays on topics like motivation for applying to b-schools, identifying strengths/weaknesses, etc.
Preparing for the interview
Often top B-schools in the world appoint their alumnus to interview the selected candidates. Make sure to study your application content thoroughly. Recall what you have written in your essays and resume. You can also ask your friends to review your application and ask mock questions.
Best Affordable Master of Business Administration Programs
Now that you are confident about how to get into top B-schools, here is a list of the best affordable Master of Business Administration programs to choose from:
- Swiss School of Management (SSM)
- Texas A&M International University
- Bridgewater State University
- Massachusetts Maritime Academy
- Otterbein University
- Framingham State University
- Fitchburg State University
- Fort Hays State University
List of the best universities in the world for pursuing an MBA
We have listed here some of the best universities in the world for pursuing a Master of Business Administration.
- Swiss School of Management (SSM)
The MBA program at SSM equips students with the tools and frameworks required to succeed in their careers. Accredited by IACBE, CHEA-Council for Higher education, and the US Department of Veterans Affairs, the MBA program offered by SSM includes lectures, visiting speakers, internship counseling, corporate visits, and self-assessment exercises.
You can now pursue SSM’s MBA program through Smartlabz. This provides you the ability to pursue the course from anywhere in the globe. Smartlabz is committed to providing quality education to students and working professionals across the globe.
- The Wharton School
Located in California, the two-year Master of Business Administration program at the Wharton School equips students with all the practical and technical skills required to excel in the industry. Established as the first collegiate business school in 1881, this top-class B-school offers students some high-coveted and best MBA programs.
- Harvard Business School
The ‘no introduction needed’ B-school has been consistently ranked as one of the best business schools in the world. Harvard Business School offers one of the best MBA programs in the world while focusing on real-world practice. The school aims at creating efficient leaders to inspire change and innovation in the modern world.
- HEC, Paris
The top-tier international business school in the suburbs of Paris is known for its extensive research opportunities in business studies. Striving towards creating more and more leaders, HEC is one of the top choices of students looking for a global B-school.
- London Business School
The unparallel name in the list is London Business School, once known as London Graduate School of Business Studies. It offers a wide range of resources and learning opportunities to students who come here from every corner of the world. Financial Times ranked LBS as Europe’s best business school for consecutively three years.
- Berkley Haas School of Business
Another name on the list of best MBA programs globally is Berkley Haas School of Business. Better known as Haas School of Business, this top-rated B-school is known for its experienced faculty, flexible curriculum, and innovative labs. Ranked second in offering part-time MBA, the school provides MBA classes on evenings and Saturdays. Further, business professionals can earn their MBA in 19 months via the Berkeley Executives MBA program.
- The University of Oxford Said Business School
Established in 1096, the oldest B-school offers one of the world’s rigorous and global full-time MBAs. The business school aims at solving modern business challenges. It also provides international electives to its students to develop a global view of the problems faced by society.
- UCLA Anderson School of Management
The graduate business school in Los Angeles is one of the eleven professional schools. Known for its excellent and world-class business programs, it offers a Full-Time MBA, Fully-Employed MBA, Executives MBA program, and UCLA-NUS Executive MBA.
- INSEAD
With campuses in Europe, Asia, the Middle East, and North America, the European Institute of Business Administration (INSEAD) is one of the leading graduate business schools in the world. Established in 1957, the school aims to equip and inspire students to bring significant changes to the world.
Conclusion
Getting a Master of Business Administration from any of the top B-schools of the world has its advantages, a strong alumni network, acquiring new skills, worldwide accepted credentials, and much more. With SmartLabz, not only can you enjoy a comprehensive curriculum but also avail life-long career support through our robust network of peers and alumni. Enroll today to learn advanced business practices while accessing some of the best global jobs.
