Requirements To Get Admitted Into An International MBA

Apart from this, a personal statement along with two letters of professional recommendations is also necessary. This is because B Schools admission committees want to know what your co-workers and supervisors think of you and to have a clearer view of your skills, potential, and fit.  A lot of B Schools also ask essay questions on the same like “Why do you want to get into our school?” etc.

A Bachelor’s Degree or Equivalent

The basic requirement is to have a Bachelors level (or higher) graduation degree. This degree could be in any field; be it engineering or doctoral or in management. It is preferred to have a full-time degree from a reputed university. The evidence required to be submitted for this is an academic transcript having a record of all semester-wise grades.

Work Experience

One of the major requirements for an international MBA is work experience. Usually, you must have a minimum of 2-3 years of experience. Though, this differs from place to place. For e.g.:  To pursue MBA in US, you’ll need a minimum of 2 years of experience depending on your responsibilities but in Europe, you’ll need  minimum 3 years of full-time experience. This is because the MBA colleges abroad expect students to have industrial exposure. They expect them to possess technical as well as fluent managerial skills so that they are ready to take up the middle or senior management level jobs post MBA.

Entrance Exams

One of the most important things to get into an international MBA is to score well in the standardized tests. There are two types of tests designed: one to check the aptitude for business management and the other one to check the comfort level of a candidate with the English language because it is the primary mode of communication in the international corporate world. The knowledge of an additional language puts a feather in the cap.

1. Business Management Aptitude Test - To check the business aptitude of a candidate, there are primarily two exams: GMAT and GRE. Usually, GRE is more popular for MS programs and GMAT for MBA courses, though both are acceptable in many MBA universities. The minimum score for GMAT is different for different places like, in US, the candidate must score above 600 to get in a decent university.
2. Language Proficiency Test - Like the business management aptitude, there are two popular exams for language as well: TOEFL and IELTS. Unlike the GMAT and GRE, these exams are similar to each other as they cover all the aspects like reading, writing, speaking, and listening. The minimum score for this exam also varies from place to place. For e.g.: In Europe, the minimum score for TOEFL should be 90 and for IELTS, it should be at least 6.0. Meanwhile, in the US, the minimum score for TOEFL should be 100.

The place of your dreams is not far away and we hope that the above pointers help you chart out your path.

Finances

Getting finance for an international MBA is one of the final and most important requirements. MBA abroad can be costly but the career opportunities you get after if make the expenses worth it. It is important for you to know the best loans for you as a slight difference in the interest rates you get and you could have got can result into paying a lot of your hard-earned money. The best approach can be to touch base with an education loan counselor like that of GyanDhan. It can provide you free education loan assistance and offer you the best deal you can get on student loans. As the international MBA costs high, GyanDhan also has a partnership with international players of education financing such as Prodigy, in order to help you avail hefty finances (around 70-80 lakhs) including your living expenses abroad. It has also collaborated with government banks and NBFCs to provide you with the best choices. You can request a callback from GyanDhan to know more about financing your abroad MBA.