So your mind is set. You have decided you want to be among the elite (relatively) few that actively manage businesses & wear really nice suits. Congratulations on this ambitious endeavor. This decision will likely change your life; if it will change for the better, is entirely up to you & your level of dedication. Before enrolling though, there are a few things you should keep in mind.To make an omelet, you have to buy the eggs (I think that’s how it goes). Before you start making any money as a big businessman, you will have to spend a considerable amount of it to get your MBA.
Not having enough money should not be an excuse to delay your education however. One way of getting passed this is looking for scholarships, financial aid & grants that may apply to you. You might be surprised with what you find out. Many scholarships even exist for those who want to enroll specifically into an online MBA program. Sometimes costs are subsidized by employers, as it is cheaper for them to upgrade their employees than hiring expensive new ones.
The total cost of an MBA can range from the vicinity of $5,000 to well over $100,000, which includes tuition costs & other external fees. Now, this does not mean that a MBA program costing five times more than another will be five times better. Many people will assume that a MBA program with a tuition of less than $25,000 will have something wrong with it. This actually is not true in many cases.
Research the school, find reviews from other students & see what it offers you. You could save a lot of money. However, keep in mind that a top-tier school…If an employer has four resumes in front of him, & one of them has the word “Harvard” in it, chances are that he’s already looking up that guy’s phone number. It’s a sad fact; people always lean toward brands they know well or that have a high reputation. Some even say that top schools have better networking options & greater internship opportunities.
Unfortunately you would not be the only one that knows that; competition for entry at these types of schools are fierce.If you want to get in you will have to work for it. More work experience & greater GMAT scores are a must. You also should find out if your investment into a high-end school is really something you can pay off later.Article Source: http://EzineArticles.com/6347959
