The MBA admission is an expensive proposition. So it's not surprising that many people wonder if they're ready to apply for MBA admission or if their profile fits the program they want to attend. This article aims to debunk all those myths about MBA admission or MBA application so that you can focus on putting together your application list without worrying about whether your profile qualifies or how "good" you must be right now!
Myth #1: I'm too old/stupid/smart to take an MBA admission.
At ITM University, We've had students from all over the country and around the world attend our MBA programs. So no matter where you are from, we have a spot for you here. MBA admission is not focussed on any such scale. Don't worry about it though; just apply today to see if you'll make it through our application process unscathed and get accepted. After your MBA admission, we focus on making graduates ready for the job market.
Myth #2: I can't apply until I have 4 years of work experience.
The average age of students during an MBA admission is 26, which means that many applicants are already working in their chosen fields and most likely on their way up. While some top MBA colleges in India require at least two years of leadership experience to be considered for MBA admission, many accept candidates with three or even four years’ worth of professional experience under their belts. You'll want to check with each school to see what they require as far as work experience goes, but don't think you need an entire career's worth before applying for MBA admission.
Myth #3: Overseas MBA programs are not worth it.
It’s a common misconception that an overseas MBA admission is not worth it because of the cost. While it’s true that international programs are more expensive than their domestic counterparts, this isn’t necessarily a deal breaker.
Many people believe that you shouldn’t go to an international school because they aren't as good as American or Indian schools. This is also false: many international business schools are just as prestigious and well-respected as our domestic counterparts, such as Harvard and Stanford in the United States or IIM Ahmedabad, ITM University in India. As with any other degree program though, these institutions have their own unique advantages depending on what type of student they're looking for. So make your considerations before making your MBA admission decision.
Myth #4: I shouldn't apply in a round when they've already accepted people with my profile.
This is a particularly common mistake. If you're worried about being too similar to other candidates and not getting an offer, don't let it stop you from applying. You never know what your chances are until you apply for MBA admission.
If there's no way for you to submit an application before the deadline (say, because your recommenders don't have enough time), then it's better that you submit your application immediately rather than wait until the next round opens up and hope for better luck. There's no point in delaying what little control of your fate during MBA admission. An applicant that is left in your hands by waiting until later rounds open up, which may never happen—or which might come with even more competition than before. In general, it's best to apply as soon as possible so that if something goes wrong with one of your documents or credentials (for example), there will still be time for someone else to review them before the deadline passes. But for applying to top MBA colleges in India, you need to have some professionalism.
Myth #5: MBA is over-hyped
MBA is a great investment and MBA admission is worth it. It's not just another piece of paper in your office. You'll learn new skills, meet influential people and build important networks outside your current career. All of these factors will help you to advance your career and make yourself more valuable as an employee or business owner. MBA does have its specific perks and therefore, it is a great degree to pursue.
Myth #6: MBA is not necessary.
- You can get a job without an MBA. Yes, it's true that you can get a good job without an MBA. But the reality is that having an MBA will help you bag a better-paying job than someone who doesn't have one.
- MBA is essential to your career growth and development. If you are looking for long-term career growth, an MBA is essential because it not only teaches students business skills but also provides them with different perspectives and insights that can help them grow their careers in the future.
- There are many reasons why people still opt for MBAs despite the cost involved in acquiring one.
- It helps graduates become more employable and competitive in their industry.
- It gives them valuable networking opportunities (especially if they're able to meet potential employers on campus)
At ITM University, Raipur we offer one of the best MBA programmes. It is up to the standards set by the governing body. MBA is a great program, and it will help you secure your future. But you should not be afraid of applying in the round when they've already accepted people with similar profiles. You can always apply again next year if you don't get into the program this year. The most important thing is to make sure that you are ready to apply in the first place. Our admission team will help you to get ready for it.