personal statement for mba

While an MBA degree opens more career opportunities, you can double your marketability with an MBA dual degree. An MBA program provides you with many options, in the form of specializations and different setups. You can take your MBA online, or during weeknights; you can specialize, for example, in Accounting. MBA dual degrees further enhance convenience and cost-effectiveness by helping you earn two degrees at the same time, and at a lower cost than if you earn the two degrees separately. To help you get admitted into your dream school, remember to write a personal statement for MBA that explains your need to take both degrees at the same time. The following are just some of the degrees you can take along with your MBA.

Master of International Management

A master of international management degree creates a great combo with your MBA.  While an MBA readies you for the corporate world in general, you will also need to be prepared to work with the international market in mind.  Through this program, you will learn to do business in the international sphere.

Master of Science in Biotechnology

If you are planning to be part of the biotechnology industry, a master of science in biotechnology will complement your MBA degree. You will be learning both theoretical and practical aspects of biotechnology through this program.

Master of Science in Financial Management and Information Systems

To be successful in the international corporate world, you have to follow trends in business. This means that you have to keep up with the latest developments in information systems technology. A master of science in financial management and information systems will combine business know-how with technology expertise. Together with your MBA, this degree can also make you more eligible for top positions.

Master of Science in Health Care Administration

If you want to work for a health care company or start your own, a master of science in health care administration is a great choice. Together with an MBA, you will not only learn how to manage a health care company, you will also gain insight into various health care services.

To be accepted into your desired MBA dual program, write a personal statement for MBA that clearly illustrates your plans involving the degree combination you prefer. Include in your personal statement for MBA why such a dual degree is perfect for your needs.

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It may be a surprise that business executives still want to add an MBA degree to their list of achievements. After all, they already have top positions. If you are a business executive, here are reasons why an MBA degree can still benefit you.

How an MBA degree can benefit a business executive

The fast-paced corporate world thrives on changes and developments. Even business executives seek to improve themselves.  An MBA degree can boost their marketability, giving them more job opportunities. For someone who still has some more steps to climb, the chances of getting a promotion is more likely with an MBA degree. Pursuing an MBA degree will also update the business executive on modern  business methods, or newly-discovered business concepts. This is especially helpful to executives who have graduated a decade or more ago. Businessmen do have to keep up with the trends to perform at their best.

What business executives see in an MBA degree

Business executives see an MBA degree as a means to add to, or to update, their knowledge. Generally, an MBA program will include strategic planning, corporate finance, accounting, marketing, and economics. For executives who want to specialize in a certain field, they can zero in on an area they prefer. Or, for executives who want to completely shift to another industry, the transition is made easier by having an MBA degree.

Finding the right MBA degree

Because business executives deal with bigger responsibilities in the office, they need to find an MBA degree that fits their schedules. For a business executive who has to work full time during the day, an online or a night program will be more suitable. On the other hand, if the business executive has a flexible schedule, a part-time program may work for him or her. If you are a business executive looking for the right MBA program, do not forget to research on the program’s reputation, teaching methods, and faculty.

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The convenience offered by an online MBA program is quite tempting.  However, you have to consider a few things before actually applying to this type of MBA program.  Believe it or not, an online MBA is not for everyone.  Refer to the following points to find out if an online MBA degree is right for you.

Before going for an online MBA

Unfortunately, scams over the Internet makes some degree offers questionable. Investigate the online programs you are interested in to know if you will just be handing your tuition to an online criminal. The best thing you can do is enroll in a well-known program, or in a program offered by a reputable university. You do not want to shell out a lot of money and effort without getting a genuine diploma for it.

Once you have proven the validity of the program, make sure that you can afford the tuition and that you are set to go through it for its duration. Though an online MBA is still cheaper than a traditional program, you can still shop around to find the most affordable fees. You also need to find out how you will learn through the setup. Learn more about the teaching methods to be used in the program. Remember that you will be working alone most of the time; an online MBA may not be for someone who learns better through interaction.

Benefits of an online MBA

An online MBA allows you to manage a personalized schedule. You can take your classes anywhere, as long as you have Internet connection. This enables you to keep your job and study whenever, wherever. An online MBA program is also cheaper than an on-campus program.

Have you considered the preferences of your prospective employers? Take note that some companies still prefer job applicants who have graduated from a traditional MBA program.  So, if your target company prefers graduates of brick-and-mortar MBA schools over online schools, enrolling in an online MBA program is not your best option. Before you make your decision, however, look for those who have graduated with an online MBA degree. Ask them about their present career and how they went through their online degree. If having an online MBA degree won’t harm your chances of getting your dream job, then an online MBA can still work for you.

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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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