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How to Prepare for MBA

A considerable percentage of aspirants apply for the Masters of Business Administration (MBA) degree every year. However, they have to clear the MBA entrance exams of the management institutes that they are applying to. For example, for admissions into India’s premier Indian Institutes of Management (IIMs), they have to appear for the Common Admission Test (CAT). The Institutes consider the CAT scores of the applicants to grant admissions.

In addition to CAT, other MBA entrance exams include SNAP, MAT, and XAT. The syllabi of the MBA entrance exams are similar. They are based on comprehension, logical reasoning, case analysis, and general knowledge. Additionally, MBA entrance exams consist of 3 stages: Written Test, Group Discussion, and Personal Interview.

Note that there is intense competition for admissions to the country’s renowned management institutes. Thus, you must start preparing much in advance to improve your chances of getting admissions in the management institute of your choice.

MBA: Preparation Tips

1)   Determine the reasons for pursuing an MBA course

Some reasons for completing the MBA program include career development, widening the base for networking opportunities, and self-satisfaction. Depending on your reason for taking up the reason, you can decide the business school to apply to and the format of the MBA course (online, part-time, or full-time).

2)   Select a Suitable Business School

Know that some MBA programs are strategic while others are analytical. Also, some business schools emphasize on developing the students’ leadership skills.

Moreover, MBA courses offer different specializations: Marketing, Finance, Human Resource Development, and Information Technology.

Thus, you must choose your business only after considering your career aspirations.

3)   Apply for GMAT

For admissions to some management business schools, you have to appear for the Graduate Management Admission Test (GMAT). GMAT scores of candidates are a screening tool in most business schools. A high GMAT score can help to get admission in your chosen institute, thus start your GMAT preparations early. More so, you can enroll in GMAT prep courses for they have structured training programs that can help to score high in the exam.

4)   Gather Your Documents

To apply for an MBA program, you need to submit several documents. These include your Resume, letters of recommendation, and professional references. Hence, make sure to gather the complete paperwork. Also, ensure to add your latest work experience and other significant career achievements in your resume. More so, you must include your extra-curricular activities, including any volunteer work.

5)   Be Sure to Read

Read books and newspapers regularly to improve your English grammar and vocabulary. Besides, you can increase your general knowledge by reading that is an integral part of your preparation for the section on General Awareness in the MBA Entrance exams.

6)   Develop Your Networking Skills

MBA courses offer opportunities to meet business leaders. Also, several people sign up for MBA programs to avail the benefit of networking events. Networking skills are valuable for any MBA student. Hence, make efforts to hone your networking skills at social and corporate events.

7)    Practice is Key

As part of your MBA entrance exam preparation, you must take mock tests regularly. Further, solve previous years’ questions papers to get enough practice. This helps to recognize your strong and weak areas and, accordingly, you can get more practice on your weak areas to improve your performance.

Also, by taking practice tests, you become well-versed with the exam pattern and can prepare accordingly.

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