An ideal MBA application comprises GMAT scores, admission essays, college GPAs, recommendation letters, personal interviews and a couple of other requirements that may vary from one business school to other. Needless to say, to get into one of the top 10 or let’s say top 15 business schools in the world, you need to get 700+ GMAT scores, superb application essays, recommendation letters that credit you for being a great team leader or applauds your decision making skills etc.

But even those who had it in them to be at the best MBA institute in the country, somehow failed to get to realize their dream, their reach school and had to settle for something less, nevertheless good. Like, if you aspire to study at HBS, but due to some calculations gone wrong, you have to do with Yale or Cornell. All are Ivy League schools, but we know the difference, don’t we? Read more…

The opportunity cost of business school education can sometimes more than a couple of hundred thousand dollars, not a mean sum of money, for those who are planning to buy a car or a house or any other asset, in anticipation of a snug and comfortable future. The stakes go higher with an executive position in the organization that you work in or the chance to supervise a project, all on your own or not-too-subtle hints from your employer about impending promotion.

On one hand, there is this chance to graduate with a degree in management from one of the top 15 business schools in the world and on the other hand, an executive position in the current organization which you actually like and provides you with handsome remuneration, perks, flexible work timings etc. The decision becomes indeed difficult and the criteria listed below should help you take your final decision. Read more…