Once you have completed your GMAT exam there are several steps which you need to follow to ensure you gain admissions in the University of your choice. You would have crossed several hurdles and intense preparation to score well in your exam, however, you still have to allocate sufficient time to develop other aspects of your profile.
Now that you have received your GMAT scores, you will have to begin the application process to the various universities which you have shortlisted. The GMAT registration fee allows you to send your scores to upto 5 universities. If you would like to send your scores to more universities then you can do so after paying and ordering for Additional Score Reports. It is essential for you to spend enough time to conduct research about the schools you are applying to and also to decide upon which specialization you would want to opt for in your MBA program (Marketing, HR, Finance, Supply Chain etc). You can look at the facilities available (library, professor’s qualifications) for the courses at the institutes you are applying to before shortlisting the same. Some of the other criteria which you could check are – the job opportunities you may gain after completing the mentioned course, the average salary a graduate from that university receives etc. These are some of the details which may help you narrow down the universities which you would want to apply to. Similarly it is advised that you decide on the stream you want to study based on your interests and the career which you would want to pursue post graduation.
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Next, you will have to concentrate on developing your overall profile since this plays a significant role in your admissions process. The SOP (Statement of Purpose), LOR (Letters of Recommendations), your CGPA score, any online certifications which you have completed, Internships etc. All of these elements contribute towards you getting selected in the universities of your choice. The admissions committee of most universities tend to receive thousands of applicants and to ensure that you stand out among them you will have to devote extra time to improving the same. Hone your communication skills so that you can ace the interview process once you get shortlisted for the admissions. Do remember that these documents are the only medium through which you can project yourself to the admissions committee of the universities. You will get a chance to explain about your achievements and also to elaborate on your aspirations and why you would want to study in that particular university.
Once you have sent your applications you will have to calculate the average cost you will incur to pursue your MBA overseas. This will include the fee for your MBA course at the universities you are applying to, the living expenses (Rent, Food, Laundry etc) and also your travel expenses (Flight tickets). You can check for accommodation which is closer to your university therefore making it convenient to travel. When you spend time beforehand to sort out all of the above listed details it makes it easier for you when you travel to study. You will be well prepared and won’t feel lost in a new country.
You will next have to concentrate on the funding for your MBA degree. This is one of the most crucial steps as this factor needs a lot of planning. There are various options available now for students who want to pursue their MBA abroad. You can do the appropriate research before selecting the mode which is most convenient for you. If you would like to apply for a scholarship then you can check the various requirements you will have to fulfil to qualify for the same. There are numerous scholarships available for every category of candidates. Hence you could first do an in-depth analysis before you commence applying for the same. The deadlines for the scholarships and admission deadlines will be different so ensure to be careful when applying. In case you are opting for an educational loan then again you have various schemes with low rates of interest being offered for the students who are pursuing their MBA. Most of the individuals who go for an MBA are working professionals, hence in certain cases the employers are also ready to fund the studies of their employees. They may have specific clauses which you will have to agree to before they grant you the funds for your MBA program.
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In the event that you are not satisfied with the GMAT score that you have obtained then it offers you the opportunity to reattempt or improve your scores. GMAT gives its candidates the chance to attempt the exam upto 5 times in a calendar year with a 16-day gap between each attempt. Although when you submit your GMAT scores the admissions committee will be able to view all your previously accepted scores, and for that reason you should be able to contribute your maximum efforts so that you are able to reach your target score the next time you attempt the exam. You must exercise this benefit which GMAT offers with extra caution always.
BYJU’S will be glad to help you in your GMAT preparation journey. You can ask for any assistance related to GMAT and MBA from us by calling us at +918884544444. You can write to us at email@example.com.Finally, remember that you are well on your way to taking a big step in your life which will undoubtedly help you to improve your knowledge, competencies and boost your career forward by leaps and bounds. Spend adequate time to get ready for all situations you may face post gaining admissions in the B-schools of your choice. This will definitely assist you to get settled that much sooner in the country where you are travelling to study.