Making the decision to pursue a business degree, management accreditation, or MBA is an important milestone. What’s equally important is choosing the right business school that will suit your lifestyle, needs, career goals and ultimately, life objectives.
Important factors to consider
Accreditation
This should go without saying. The school you opt for must be fully accredited with a sterling faculty that helps elevate your studies and maximize your potential upon graduation. Having the proper accreditations is reassurance that the courses, material and educators are of the highest standards and meet internationally regulated requirements to remain relevant and competitive. Look for accreditations such as ASIC and ACBSP. Also, take note of special awards and affiliations, such as GBSB Global’s listing on Forbes Spain as one of the leading business schools and its ranking on the QS Online MBA rankings.
Alumni
It’s a good idea to research the school’s past alumni. They needn’t be super famous celebrity types, but it’s nice to get an understanding of past students and their career successes. Many credible schools will list notable alumni who have gone on to become captains of industry, business leaders, managers, mentors and inspirational entrepreneurs.
Costs
No matter how excellent a business school and how deeply passionate you may be about attending that particular institution, you cannot ignore the cost factor which includes the years of study, accommodation, transport, meals and other sundries. Consider applying for bursaries and scholarships to help offset costs wherever possible.
Network
As the saying goes, “It’s not what you know, it’s who you know.” A great business school does more than just offer classes and excellent educators – they have a strong and flourishing network to further enrich a student’s educational path. The school’s network helps connect students to industry experts, business owners and community leaders who may prove invaluable for future work, internships and mentorship opportunities.
Student body
It’s important not to ignore your personal preferences. Do you value a diverse student body? Do you enjoy interacting with students from all over the world or would you prefer a more insular, smaller student population? Be honest with yourself about your comfort levels and choose an environment that speaks to your personal culture fit.
Extracurriculars
An ideal educational environment includes one in which extracurricular activities are encouraged and plentiful. Everyone needs a break from the books, at some point! Do your research and gain a full understanding of the business school’s range of events and extracurriculars throughout the year.
Faculty
Be mindful about getting a thorough understanding of the school’s faculty and educators. The hallmark of an excellent education is in its source material – that is, your professors and advisors. Are they experts in their fields? How many years of experience do they bring with them? The quality of their experience will do much to dictate your own educational success.
Tip
Do some pre-networking before your studies start to become familiar with the school and past students. Join forums and message boards where you can network, ask questions, and get personal anecdotes from previous students who attended the school. LinkedIn is usually a great resource.
