3 Ways to Fund Your Studies as a Part-Time MBA Program Candidate

Posted by Graduate Management Admission Council on Feb 18, 2020 7:30:00 AM

It’s not always practical to make the leap from full-time work to full-time study, which is why many experienced professionals enroll in part-time MBA programs. Maintaining the balance between your education and other obligations pays off. Approximately two-thirds of part-time MBA graduates have received more promotions than peers who did not obtain an MBA—and the benefits do not end there.

Part of what makes a part-time MBA so appealing is that you can continue to work and earn money while pursuing your studies. Even so, the financial commitment required to do a part-time MBA should still factor into your planning. When considering your education, you can think about your part-time MBA as a business endeavor for which you need investment. How much will it cost? Where will the funding come from? What is your expected ROI? The following ideas will guide you as you navigate these questions.

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Topics: graduate business school exam, part-time MBA program, executive assessment evaluation

Dreaming of Entrepreneurship? Find Out How EMBA Programs Can Help!

Posted by Graduate Management Admission Council on Feb 11, 2020 7:00:00 AM

If you’re thinking about building your own business, you’re not alone. Entrepreneurship is a goal for many people pursuing an Executive MBA. In fact, about 30 percent of EMBA students aspire to become entrepreneurs or self-employed after they graduate. This is hardly surprising given that entrepreneurs on average enjoy higher incomes, a better work-life balance, and more career satisfaction than those in traditional careers.

While the benefits of entrepreneurship are clear, the odds of success improve with a strong foundation of business knowledge. An EMBA can provide that knowledge andgive your entrepreneurial ambitions a head start. Here are a few other ways entrepreneurs get value out of an EMBA.

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Topics: executive business program requirements, EMBA programs, graduate business school exam

Making a Career Transition with the Help of an Executive Master of Business Administration Program

Posted by Graduate Management Admission Council on Feb 4, 2020 7:00:00 AM

Switching careers is the new normal. Surveys have found that in the United Kingdom, more than half of respondents plan on switching careers within the next five years, while in the United States young people switch jobs on average four times within 10 years after graduating from college. Globally, 43 percent of Millennials plan to leave their current jobs within two years, and just 28 percent see themselves staying longer than five years.

In today’s fast-paced economy, professional success depends on being prepared for making drastic career changes. In fact, some companies have embraced this instability. LinkedIn founder Reid Hoffman, for instance, describes 21st-century careers as “tours of duty” where employees hired to work on a company’s specific goal do so for a finite period and then seek a new role, either within the company or even outside of it. For some, the prospect of changing careers sounds daunting. However, it is also an exciting opportunity and an Executive MBA can help. Here's how.

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Topics: executive mba candidate, executive mba evaluation, executive master of business administration

Preparing for the EMBA Interview and How a Graduate Business School Assessment Can Help

Posted by Graduate Management Admission Council on Jan 21, 2020 7:30:00 AM

Whether you’re preparing your application or sitting for the Executive Assessment, every step of applying for an Executive MBA program is important. That includes the interview, which is your chance to sit down with admissions officials face-to-face and show them why you would be a great fit for their school.

You should prepare for the interview early by researching the school and program you want to apply to and knowing what questions to expect. The better prepared you are, the more likely it is that you will do well. Read on to learn more about making sure you’re ready for this important step in the application process.

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Topics: EMBA readiness test, business executive test, graduate business school assessment

How to Achieve Your New Year’s Resolutions with the Help of an Executive MBA Degree

Posted by Graduate Management Admission Council on Jan 14, 2020 7:30:00 AM

A new year is an opportunity to create new career goals. In fact, behavioral scientists have a term for when “salient temporal landmarks” (i.e., New Year’s, holidays, birthdays, etc.) lead to greater willpower for attaining goals: the “fresh start effect.” New Year’s really is a great opportunity to take advantage of this effect when your motivation is at its highest.

For many, a big goal in the New Year might include going back to school in order to switch careers or progress further in their current industry. If you are looking to take your career to new heights and tick off your New Year’s resolutions, business school may be the right choice.

Here are a few ways an EMBA can help you achieve your New Year’s resolutions in 2020.

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Topics: graduate business school candidate, graduate business school requirements, executive mba degree

Considering Overseas EMBA Programs? Tips for Long-Distance Commuting

Posted by Graduate Management Admission Council on Jan 8, 2020 7:00:00 AM

Business schools are becoming increasingly international. Among US programs, for example, our research shows that 37 percent of applicants are international, while among European business schools the rate is even higher at 79 percent. Overall, 58 percent of applicants say they plan to apply to schools abroad. For students, commutes that cross borders—and sometimes oceans—to get to class are not uncommon.

There are many advantages to commuting long distances. A significant one is reputation. In fact, we have found that the quality and reputation of business schools is the most important factor for applicants when they decide where to apply. If a business school has a global reputation, then a long commute may be worthwhile. Executive MBA programs are structured for students who work full-time—often offering classes only on weekends or every second or third week of the month—and that makes them especially attractive to long-distance commuters.

But commuting long distance is not always easy. If you’re considering making the world your campus, here are a few ways to make the commute easy and productive.

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Topics: Executive MBA, executive mba candidate, EMBA programs

How an Executive MBA Program Can Prepare You for a Tech Career

Posted by Graduate Management Admission Council on Jan 3, 2020 7:00:00 AM

Technology is one of the most popular industries students in graduate management education aspire to work in. GMAC research shows that 23 percent of students in Executive MBAs intend to pursue a career in technology and 21 percent of EMBA graduates go on to work in technology, making it the most popular industry for employment.

This demand is hardly surprising. The breakneck pace of technological change—from artificial intelligence to nanotechnology—is exciting and something many are eager to be part of. An EMBA helps prepare students for a tech career, whether they are looking to get into it from a different industry or want to accelerate their current tech career. Here’s how.

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Topics: Your next career move, executive business program candidate, executive mba program

4 Tips for Choosing an EMBA Program if You’re an Executive Business Masters Candidate

Posted by Graduate Management Admission Council on Dec 27, 2019 7:00:00 AM

If you have decided to pursue an Executive MBA, you may be feeling a little overwhelmed by the choices available. Especially if you are open to commuting long distances or even going overseas for your EMBA, you may quite literally have a world of options before you.

Not only are there many EMBA programs available, but you may wonder if there are substantial differences between them. While many EMBA programs look similar at first glance, there are often significant considerations that set them apart.

Here are four tips to help you decide which EMBA program is likely to be the best fit for you.

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Topics: Your next career move, Executive MBA, executive business program candidate, executive mba test, executive business masters candidate

Member School Spotlight: In Conversation with Brett Hunter of London Business School

Posted by Graduate Management Admission Council on Dec 20, 2019 7:00:00 AM

What does it take to become a successful Executive MBA candidate for one of the world’s best business schools? Here’s what London Business School looks for.

Any discussion of the world’s best Executive MBA programs will inevitably lead to London Business School. Ranked 3rd globally and 1st outside of the United States in the 2019 QS Global EMBA Rankings, LBS’ EMBA is indisputably one of the most respected programs of its kind. With campuses in London and Dubai, partnerships with Columbia University and the University of Hong Kong Business School, and an international student body of approximately 90%, LBS has an impressively global outlook.

As befits its status as one of the world’s most prestigious business schools, LBS’ mission is ambitious: to impact how business is done and affect how business impacts the broader world. LBS’ Leadership Programs—which include the EMBA, EMBA-Global, and Sloan Masters in Leadership and Strategy—are central to this mission. Designed for professionals who already have years of experience and have all the ingredients to make a major impact on business, the programs help create influential leaders.

So how does LBS choose the best candidates for its programs? We talked with Brett Hunter, the Director of Admissions for Leadership Programs, to learn more about how the school attracts top talent and how the Executive Assessment has helped it do so.

 

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Topics: GMAC Assessments, Executive Assessment

Are You a Graduate Business School Candidate? Learn How an EMBA Can Unlock Networking Opportunities

Posted by Graduate Management Admission Council on Dec 16, 2019 7:00:00 AM

Building a professional network is the key to success in your career. Not only can your network unlock new professional opportunities, but it can also expose you to innovative ideas. One benefit of an Executive MBA (EMBA) program that you may not have considered is its exceptional networking opportunities.

In fact, the unique characteristics of the EMBA mean that students are exceptionally well positioned to grow their professional connections. Here’s a look at how an EMBA can help you expand your own network.

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Topics: Your next career move, Executive MBA, executive mba candidate, executive management candidate

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