The numbers of B schools has increased but with the growing competition getting admission to them is an endeavor .The best way to get admission is to prepare an effective application with the all the major components in place which generally impresses the admission committee and brighten up your chances of getting selected. Although the admission criteria varies from school to school but the common factors that most of them look for are academic qualifications, personal background, extracurricular activities, personal achievements and accolades and most importantly work experience. In short all the core areas are important but the most critical one is the work experience.
Most of the MBA degree programs are looking for people with practical business experience although they have not specified the duration. Most of the top B schools are looking for applicants with a minimum of two years full time work experience and some as many as five to six years and this equation is a multivariable one although average works out to three years. If someone has less than two years of experience they need to reconsider their decision to apply for the business schools and the professionals suggests them to wait for a year or two to gain enough of the this experience. So it’s very difficult to figure out since sometimes it even depends on the candidates intelligence, leadership quality, tea work capacity and other key qualities. According to a survey conducted in 2012 the MBA applicants are increasing their work experience prior applying for programs and it shows that the ratio of individual with five years or more have increased. There are even some schools in Australia who accepts students without a bachelor’s degree if they have enough work experience.
Some of other benefits of the work experiences are as follows –
• Working with different companies in different locations and interacting with vide variety of people helps in building up the leadership qualities and even builds up communication skills. Schools prefer knowledgeable students who can actively participate in classroom discussions and elevates the standards of discussions by sharing their practical experience which can be enriching for others and differentiates them from others and create a niche for them.
• It builds up the ability to take risks and you start learning from them and even if you make mistakes, it will be a learning lesson for you to not repeat the same in the future.
• While classroom learning and theory is important but the practical experience has an edge since people with the practical experience are capable of generating ideas and are innovative and can disseminate those ideas to the profitability. No matter how long you have worked for and what kind of job you were involved in, you have to be a winner with a knowledgeable and realistic approach to get into your dream school and turn into an accomplished individual.