personal statement for mba

An MBA degree can pave your way to an investment banking career. This is because an investment banker must have an in-depth knowledge in finance and economics, two of many business-related topics MBA professors teach. So, if you want to become an investment banker either for practical, or for more lofty reasons, go for an MBA.

How an MBA factors in an investment banking career

You probably think that it is enough to settle for your bachelor’s in finance, economics, or other related degrees. Your bachelor’s may actually suffice. Still, an MBA further enhances your knowledge because it adds strategic planning and management to your capabilities. An MBA updates your learnings and also equips you with a thorough understanding of how the industry works. It trains you for the actual banking setup, and not just bombard you with concepts and theories college may have already provided you. The advanced degree also provides you respectability because higher learning, such as an MBA program, is associated with hard-working, ambitious individuals.

Applying into an MBA program

The MBA program is truly valuable to people looking to work in investment banking. So, many candidates will be submitting applications at the same time as you. Try then to find a unique slant that you can focus on, or rather sell, when pursuing the degree. Take your application seriously by getting scoring high on entrance examinations. You also have to carefully choose people who will be writing your recommendation letters. Then take the opportunity to portray yourself in your own words by writing an excellent MBA application essay.

Writing your MBA application essay

Now that you know how an MBA goes beyond just having an advanced degree, focus on writing an excellent MBA application essay. Through your essay, explain what motivations or reasons have driven you to apply for the program. Talk about related experiences and qualities that make you compatible with an MBA. Focus on unique experiences that will get you noticed for the right reasons. You also have to show that you have a sense of career direction by talking about your plans; include how you want to make your MBA degree part of those plans.

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