How to Choose the Right Business School for You

Selecting from the wide variety of available business schools can be a long and daunting process. Ultimately, the decision that a potential student will make can affect their future career within the business world; this often leads to the question of “How do I choose the right business school for me”.

The chief consideration that you should look at is what personal motives are driving you to want to undergo an MBA degree. By completing this self-assessment this will automatically reduce your institution selection, and not only will this support the selection procedure, but it will also help you to decipher exactly which kind of business training you would like to study. MBAs have a wide range of choice, and now more top business schools are trying to tailor their courses to the students’ specific interests. Therefore, it is critical to identify how your chosen degree will vary within each school, and whether the research topics will cover areas that you are keen to explore.

It is also vital to contemplate what size, reputation and recruitment rating you are after. The size of classes within the schools can vary; clearly the smaller a group the more intimate the teaching practice will be, whilst a larger group will offer the chance for a broader class discussion. Furthermore, widespread research into each institutions reputation should be conducted; online ratings are now frequently used to determine the best business schools. Specific areas to look into are: its recruitment record, its alumni network, its global connections and its overall ranking. Overall, ask yourself exactly what your wants are in these three areas.

Lastly, look at what the course requires from you. Cost can be a huge deal breaker within the decision process as the expense of undergoing an MBA is slowly rising. On average a tuition fee in Europe, ranges between £5,000 to £40,000, not including other expenditures, such as living cost and travel. A cheaper possibility that some schools offer is to continue working whilst studying. Additionally, examine the course requirements as often the selection process is extremely competitive and institutions are frequently looking for specific qualities, such as a GMAT scores.

Overall, there are several areas to contemplate when choosing the right business school. The most significant factors are: to conduct research into the course, identify your goals and wants and most importantly, visit the school before choosing as this can often be a major deciding factor.