Choosing where to study MBA: Some issues to consider.
Once you have made the fundamental decision to further your knowledge base with an MBA, the next important decision point arises, where should I pursue my MBA ?
There is a lot of information floating around out there about the many MBA’s available – with everyone trying to firstly grab your attention- and secondly bombarding you with a plethora of information.
The first step is to go and find a quiet safe space and ask yourself the BIG Question.
What am I looking for in an MBA: and how will it assist me to reach my objectives and contribute to me eventually reaching my “Vision Space”
If you don’t have a “Vision Space” that you are striving for, then I suggest that you start at that point first. Just think about it:- How could you possibly make an informed,intelligent and mutually beneficial decision (yes its not only you – its your loved ones and society out there!). If you don’t know what you want and what you are trying to achieve, you’re certainly not going to get there !
The output of this step is a list of what is important to you. A simple weighting matrix below will serve this purpose. You need decide on all the criteria that are most important to you and list them. At this stage, don’t start ranking but just brainstorm as many as you can. At this stage, it can be very useful to bring in important stakeholders in your life . ( it could be your nearest and dearest, maybe your employer or a mentor)
Source : https://expertprogrammanagement.com/2017/09/decision-matrix-analysis/
One you have brainstormed a list of criteria, narrow them down to what’s important to you. (a word of advice: – do not try and create an extensive “shopping list” of criteria, choose the top ones and keep the list to between five and ten criteria.
Weighting your criteria by order of importance
Using figure 1 as an example, once you have listed your five to ten decision criteria, you assign a weighting to each criterion. So, for example, if interactive facilitation and growing spiritually are very important, then you might give these criteria a weight of 8 or 9 (1- least important to 10 very important.) Once you’ve done this part of the exercise, the next stage would be to take all the options and score them out of ten (1 being lousy and 10 being excellent at that particular criteria you are looking for in a business school.) Do this for each different school that you investigate.
Remember only so much can be desk top research – if possible, visit the campus – if you can’t do that, have a Skype call with staff and faculty, and interrogate them using your chosen criteria as a base.
Some suggested questions to get your thought processes going.
Does the business school: –
Have a fundamental emphasis on conscious leadership?
Consider emotional and spiritual intelligence as a fundamental cornerstone of the business?
Focus on a facilitative and interactive approach, that emphasises discussion and a sharing of knowledge and ideas?
Has developed a business delivery model that puts the student at the epicentre of everything they do?
Provides access to the latest industry knowledge, and has a pool of both fulltime and visiting subject matter experts, who are at the cutting edge of their areas of expertise?
Approach your education in a holistic and integrated manner that will ensure you are a well-rounded individual who will face the future with absolute confidence?
In conclusion, this is not an easy exercise and it can really make you self-reflect and ponder many issues, but it will ensure that you choose the right business school for you, a decision that will benefit you far into your future.