Easier for MBA program acceptance?

I usually hear from peers that B-Schools definitely prefer candidates with work experience but what are your opinions? Will it be harder for me to get into B-School for my MBA with years of work experience as apposed to directly after undergrad?

7 Comments
 

Basic, general questions like that are better answered through a google search. But since I'm feeling nice tonight the general rule of thumb is that if you can get into an MBA program without any work experience then you're wasting your time and money with that program.

 
Best Response

this is a beat-up topic alright. you got a few options:

  1. if you're promising enough, get deferred MBAs (HBS, MIT Sloan, GSB)
  2. if you can get top-tier MBAs through direct entry (Wharton, Booth etc), you should already have a really promising experience. Actually all elite b-schools take about 5~10 people out directly from undergrad, but it is such a rare instance. Some already operate a business or some are just "golden".
  3. if you get into a mid-tier MBA, you might wait for a MBA until later unless you have Visa issues (international) or financial issues (where they paid you a big load of free money). But beware that the top 15 MBAs do much much more than 15-30 ranked MBAs due to brand, reputation and networking, and anything below that could be less useful than even a part-time MBA from top 15 except regional influences.
  4. if you want to do some no-name MBA, might as well not do it. you get minimal post-MBA raise, 1~2 years jobless with tuition and without salary. I do know many that just checks the MBA box but don't know what they're doing.
 

Its not just about getting into the school, but about getting the job too. Why in the world would an employer hire you over a classmate with 3+ years of experience?

And don't be scared of schools in the 15-30 range. They still send a good deal of their people to MBB firms and the like. They are certainly better than a PTMBA, and if you end up with the same job you would have had at a Top 10 school, you'll have saved a boatload of money.

 
John-Doe8

And don't be scared of schools in the 15-30 range. They still send a good deal of their people to MBB firms and the like. They are certainly better than a PTMBA, and if you end up with the same job you would have had at a Top 10 school, you'll have saved a boatload of money.

Caveat is that you need to be a little pickier with the specific school's strengths and hiring relationships. The big schools seem to be able to get you looked at with name brand alone, while smaller schools depend more on alumni and employer relationships. Some are also regional leaders.

Want to work for Proctor and Gamble? You've got just as good a shot at Kelley as you do Kellogg. Finance in Atlanta? Your best bet is probably Emory. There's enough discussion about the Texas schools on here that adding anything on my end would be beating a dead horse. Want to get Equity Research? A surprising Diamond in the Rough is University of Wisconsin. They have a selective and highly specialized "Securities Analysis" MBA which places very well into ER.

Switch any of those (nor numerous other) examples and it isn't the case. Even then there's also intangible factors to think about in every case. If you're looking for IB in NYC, an NYU student who aggressively uses his location advantage may very well place better than a Darden or Johnson alum who thinks that he doesn't need to put in much extra work because OCR and brand name will do it all for him.

Obvious caveat before anyone gets butthurt: I'm only talking about well respected schools. There isn't much of comparison between your local city university and an Ivy, or even between somewhere like Georgia Tech/U Wisconsin and the kind of school that will have a name like South [insert state] University or [insert small city] College.

 

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