Wednesday, April 29, 2009

Should you apply to business school?

The other day, I was thinking about why I decided to go to the business school. Perhaps, I'll touch on that in another post, but I thought it would be interesting to list some of the important questions to consider before applying to business school.

If you are thinking about applying to MBA programs this fall, I'd encourage you to think through these questions:

1. What is the exact mechanism by which an MBA will improve your quality of life or career?
2. Do you envision your current job becoming your long-term career?
3. Are there gaping holes in your business knowledge that can be filled by book learning?
4. Can you afford business school right now?
5. What is the exact ROI you are forecasting from getting an MBA?
6. Does applying to school this year fit with your personal life right now?
7. Is this the year you can put together your best application?
8. What non-monetary benefits do you think spending time in business school will provide?
9. What are your alternatives to going to business school?
10. If you didn't get in to your top choice business schools, would you still get an MBA?
11. If you want to take a break from work, what other options can you pursue other than business school?

1 comment:

James Rauen said...

All these questions are great for helping to make the decision about whether to pursue business school.

It's also helpful to have good, thoughtful answers to questions 1, 9 and 10 because these sorts of questions often come up on the business school applications themselves.