What should I do about graduate school?

Posted by admin
me_ri920 asked:


I am currently in my third year of studying Business Administration and Management. I am looking at different options for graduate school, and I really want to go for an MBA right after my undergraduate work is complete. However, most MBA programs post-undergraduate work experience. My school, however, offers an option for starting your MBA during your Senior year of your undergraduate studies and finishing it the following year.

I’m not sure if I should take advantage of this program, or apply to other schools and cross my fingers that I will get in…Any advice?

Tanya

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    • This entry was posted on Sunday, September 14th, 2008 at 9:38 pm and is filed under grad school. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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    One Response to “What should I do about graduate school?”

    1. Nipsy J Says:
      September 15th, 2008 at 3:54 am

      Although you will get the most out of an MBA program if you do have some work experience, there is nothing to prevent you (other than an admissions officer) from doing it immediately after undergrad or concurrently as your school offers.

      You should definitely take advantage of the program if it is available to you. Since you are already a student at your school, you have a leg up, and will finish the MBA a year earlier than others who start fresh. Remember - if you do the MBA after some work experience, you are going to have to make time to do it, it is going to cost more (everything will cost more in the future), your employer will most likely not be willing to pay for it, you will have other responsibilities. Work during the day, MBA at night - or minimally fitting MBA work in while you also have a day job. Would you be able to stop working for two years to pursue an MBA full-time? For most people the answer is no. Additionally, once you get out into the work force, it is much more difficult in general to go back to school whether full or part-time.

      Lastly, everyone know the economy stinks right now. If you were to come out of school and look for a job now, it is going to be extremely difficult for new grads - they are going to be competing with all those who are unemployed who have lots more experience and are going to be willing to work for lower salaries than they’ve been getting in the past. Competition is going to be very high. If you have the opportunity to stay in school a while longer, get the advanced degree, you’ll come out ahead of your peers going straight to the job market and the extra year in school will give time for the economy to recover some.

      Definitely go for starting the MBA in your senior year at your current school - there are no drawbacks.