Essays are an incredibly important part of the application process, says Stacy Blackman, an MBA admissions consultant but in Too many MBA applicants neglect the statement of purpose portion of their application package. This might be a fatal mistake for your application. How come? Only a small fraction of applicants to the top MBA programs in the United States get admitted. A huge number of applicants compete over a few open slots. A large population of applicants fall within a tight range of undergrad GPA/GMAT qualifications. Applicants need to quickly and effectively set themselves apart from their competition even if they have a decent GPA/GMAT combination. This is where the MBA admission essay comes in. It offers applicants a great way of differentiating themselves from their competition-it acts as a ‘paper interview’ which effectively highlights the applicants strong point.
In a rapidly globalizing economy, an understanding of global relations and market differences is also crucial to the success of a business. My work experience and bachelor’s degrees have prepared me for working in this country; they haven’t given me a global perspective on the opportunities abroad. A MBA will teach me new management and analysis techniques across different settings. In addition, a MBA will provide great networking opportunities worldwide which will prove crucial in fostering future business relationships. I hope to use this knowledge and connections fostered through a MBA to founding my own global business.
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