LIST OF 25 MBA SCHOOLS IN THE WORLD
Companies and students spend millions to turn raw recruits into executives and then into world leaders, and to give them the skills they need to think smarter in an increasingly competitive environment. It is very important to know whether the M.B.A. programs are providing the right mix for the money, many methodologies for business school rankings are adopted. Here is a list of top MBA
HOW TO PREPARE FOR MBA ENTRANCE EXAM
To get success in MBA Entrance Exam is no cake walk. You need to set a target in mind and have a well prepared planning. In-depth knowledge, analytical mind, sharp memory are the essential components. It is a well known fact that a candidate cannot prepare overnight MBA Entrance Test.
Every one knows that there is a tough competition and long term preparation are required to get admitted to the MBA program.
A candidate seeking admission to MBA programme is expected to have aptitude for basic and elementary accounting as well as the ardent of solving the simple arithmetic problems. This is one of the areas in the admission test which you have to prepare and practice properly, if properly prepared and practiced, is likely to put the candidate ahead of others, as one can hope to score even 100% marks in this part.
Questions on logical reasoning comes in several types and in several forms. There could be questions on series of figures and words, alphabets puzzle, brain teasers for drawing logical inferences. Comprehension test is aimed at testing the understanding of English language by the candidates. One must practice reading to attempt this part speedily and correctly.
General awareness as the name suggest a good knowledge of all branches of general knowledge is essential which can only be achieved by reading good books. Reading Newspapers regularly will keep you updated in whatever important is happening around the world.
RSM starts annual fund
For the first time in its history, the Rotterdam School of Management, Erasmus University, has set up an annual fund to provide the opportunity for its alumni and friends to make a significant and immediate contribution to the school.
Donors can choose to earmark their contribution to benefit a particular goal, such as funding student scholarships or research. Moreover, the gift will strengthen the RSM alumni community as 10% of the donations received for the Annual Fund will directly fund alumni activities. RSM also hopes to positively impact society by giving another 10% of annual alumni donations to a good cause, selected by the donors.
”RSM aims first and foremost for a high rate of participation among its alumni. By the end of 2010, the school hopes to give five €10,000 scholarships to MBA students, five €10,000 scholarships to MSc students and €25,000 for activities to stimulate research with high managerial impact.
The RSM Annual Fund ensures that the most talented, promising, and creative young leaders of the future will be part of the RSM community through our scholarship programme”, said RSM’s Dean George Yip. The Fund will also provide support for relevant, high-quality management research that will help create the future of business.
RSM is honoured to partner with the Vereniging Trustfonds Erasmus Universiteit Rotterdam in this annual fund initiative. The Erasmus Trustfonds is a recognised charitable organisation in The Netherlands.
Younger and more diverse
According to the Graduate Management Admission Council MBA students are getting younger. Worldwide testing centers for the Graduate Management Admission Test (GMAT) reported a 161-percent spike in the under-25 set. Also the number of women is increasing – especially in Asia.
Historically, the traditional business school student has been between 25 and 30 years old. The average age in the US and other countries around the world is 27. Many schools, however, are beginning to see younger applicants and accept applicants without job experience. The US saw a 40 percent increase in the younger-than-25 age group, the largest increase of any demographic. At the same time both Canada and the US saw a decrease in the 31-and-above category between 2005 and 2009.
Nearly 40 percent of GMAT exams today are taken by women. 51 percent of test takers in Asia and 49 percent in Eastern Europe are women. In contrast in Central Asia (including India and Pakistan) only 24 percent of the student pipeline is female.
Among citizens of the United States, the number of minorities taking the GMAT exam increased overall in the last five years. In testing year 2009, for example, US minorities accounted for more than 40,000 of the more than 130,000 US citizens that sat for the GMAT exam. Asian Americans show the largest growth, with a 36 percent increase between 2005 and 2009, followed by an increase of 26 percent in African American test takers during the same period.
How to choose your Career Path?
If you take the time now to define realistic career goals and learn as much as you can about the career or job you wish to pursue, all the decisions ahead of you will be easier. You’ll know whether an MBA is right for you, you’ll have a good sense of what to look for in a school, you’ll do well in the admissions process, and you’ll be happier and more successful when you graduate.
Unfortunately, some MBA applicants try to do things in reverse—they apply to business school before they really know what they want to do in their careers, believing that once they get in, they can figure it all out. That’s not the best plan. MBA programs typically don’t allow you time or opportunity to change your mind about what you want to study; it’s best to know what your career goals are up front.
The MBA is a powerful tool to help you take charge of your career, but the degree will do you the most good if you have a clear sense of what you want your career path to be and how the degree will further your goals. In addition to your personal network of family, friends, and colleagues, there are many resources right here to help you explore MBA career paths and determine whether one is right for you.
Especially in this competitive market, MBA applicants who have solid career goals tend to do best in the admissions process; they are also most likely to be happy with the outcomes of their degree.
Also, if you have a career plan, it will be easier for you to choose the school, program, courses, and MBA concentration that will help you succeed. Keep in mind that MBA programs are very different from one another and excel at different things. Also, they have recruiting relationships with different companies, which means that you should make sure that the schools you apply to can help get you a job where you want to work. For instance, if you want to be an operations manager at a manufacturing company near where you live, the programs you should apply to may be different from the ones your neighbor should apply to if she dreams of a career in international finance.
You should compare schools only after you’re sure of what you’re looking for.
Just as you look for the schools that suit your goals, admissions officers look for applicants who are a “good fit” with their programs—people whose goals match what the program has to offer. Being able to articulate a realistic, convincing career plan is an important part of showing that you are a good fit for a business school.
Once you select the career and the type of workplace environment you’re looking for, you will be much better prepared to—
- select schools to which to apply
- Answer admissions essays and give great admissions interviews
- Ask the questions of admissions staff that will help you determine whether their schools have what you are looking for
- Find the right school at which to further your career
Charge of Your Career
If you take the time now to define realistic career goals and learn as much as you can about the career or job you wish to pursue, all the decisions ahead of you will be easier. You’ll know whether an MBA is right for you, you’ll have a good sense of what to look for in a school, you’ll do well in the admissions process, and you’ll be happier and more successful when you graduate.
