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Best Time to Apply for MBA Abroad

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How To Apply for MBA To Study Abroad:- Depending on your luck and economic environment, MBA can be the saviour that rescues your career out of the professional ICU or it could be a grave mistake that puts you up in a debt trap.
Notwithstanding the above, a lot of people opt for an MBA, with some working for a number of years, while others jumping in right after college.

Every candidate has his own metric of the time he thinks is right for applying to an MBA abroad (How To Apply for MBA To Study Abroad).

This could be in the form of great confidence in one’s work along with many awards and accomplishments behind them.

Or it could be a sense of vague dissatisfaction with your current field or line of work that could play the prompter.

How To Apply for MBA To Study Abroad Review

Overall, when an MBA institution thinks that you could be a great contributor to the class and have a good amount of work experience upon your sleeve, you are then in a sweet spot that can turn out to be a good time for applying to an MBA abroad.

MBA programs across the world have their own specific times of application, interrogation and interview. So much so, it is critical to keep track of the admission season across major institutes so that you do not run out of time while filling out the application form.

The other important milestones to consider when you want to apply for an MBA abroad include:

Work Experience

A typical candidate at business schools like Harvard, MIT, INSEAD, HEC and London Business School has a working experience of 4-6 years, with an average age group of 27 to 30 years.

So, if you have been working across any industry and feel confident of reaching a critical point in your career, you might be an ideal candidate to switch gears and opt for an MBA.

Taking the plunge at this point will raise your chances of making a fresh start, should you need change; while it could also help to turbocharge your career in the same pre-MBA field of work.

This way, it is evident that your confidence in reaching that juncture is as important as any other metric of age or work experience, so that be confident of choosing the right MBA course.

Post-MBA Goals

Are you aware of your post-MBA goals? If yes, it will hold you in good stead as you progress with an MBA degree.

If not, the fast pace of a typical MBA program means that it might not be a good idea to figure out your plans on the fly or join an MBA program as a means of taking a break from work. Overall, to take complete advantage of your program, you must have a plan and that too before you take the plunge.

Thinking about where you see yourself in 5 or 8 years could be a good starting point. This pertains not only in terms of your career, but your life and way of living as well the place on the world map where you want to be.

Do you wish to work across the globe, move on to higher management or kindle your entrepreneurial spirit? Thinking backwards like this can be of immense help to widen your horizons.

Introspection of Goals Versus the MBA Program

Are you sure that your goals will be fairly well-achieved in the course of the MBA program? Or is it just a rough estimate.

This is important because, while schools in the lower-tier will be quite happy to admit anyone who feigns slight interest and is able to pay up the tuition fee, a top MBA school requires that you apply a lot of thought and ingrain your motivations to do an MBA.

They want to admit serious candidates and also the ones who are a good reflection of the school’s brand equity after getting an MBA degree.

If you are clear about the role of an MBA to charge up your career, you will yourself be ready to give your best shot at admission interviews and essays, thereby increasing your odds of bagging a prestigious MBA school.

An Outside Perspective

Are you well-informed of the different possibilities outside of the ones you have defined for yourself in regards to your MBA application?

Talking to people who are likely to present you only one side of the coin is a common pitfall when applying for an MBA.

Before you give serious thought to your MBA, have a conversation with alumni of the schools you are applying for, in order to get a perspective on their post-MBA career paths and growth prospects.

You can also speak to HR or senior management of potential companies in your list to get a sense of the value of an MBA in their field as well as in your chosen career path.

This homework is essential to get an unbiased opinion on the ground realities of pursuing an MBA – both the pros and the cons.

After this extensive research, you can now effectively defend your decision to do or not do an MBA, knowing that you have considered all facts before committing to it.

Overall, the best time to apply for an MBA abroad is a very subjective decision and varies with a lot of factors associated with individual choice, capabilities and future career prospects.

A candidate with a very long career may not find himself in the sweet spot required to justify the opportunity cost associated with pursuing an MBA, while a less experienced candidate might be ready to take the plunge in order to change or turbocharge his career.

Effectively, the best time to apply for an MBA totally depends on individual choices and conditions, as well as how effectively you can yourself justify your decision without any confusion.

Therefore, considering future career moves, goal achievement, introspection and getting an unbiased opinion are important parts of solving the MBA puzzle.

This will not only help you decide if an MBA is worth the time, money and effort but also get the timing right.

 

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Africa

Harambe Entrepreneur Alliance 2021/2022 Scholarships for Young Africans

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Harambe Entrepreneur Alliance Scholarships:- The Harambe Entrepreneur Alliance Scholar Programme is a full-tuition plus fees award for Africa’s entrepreneurial leaders in 2021.

About the Harambe Entrepreneur Alliance Scholarships Award:

Harambe Entrepreneur Alliance is a platform for highly educated young African social, business and political entrepreneurs, attending leading universities in Africa, Asia, Europe and North America. Our mission is to capture, inform and engage Africa’s global intellectual capital in the development of Africa.

Type: MBA

Eligibility: 

  • Born in Africa and current passport holders of an African country
  • Exhibited entrepreneurial leadership in their field of interest
  • Two or more years of work experience
  • Hold a bachelor’s degree or its equivalent
  • Candidates must arrange to have official university transcripts, letters of recommendation and standardized test scores arrive at Yale School of Management by the appropriate application deadline

Number of Awardees: Not specified

Offered annually? Yes

Eligible Countries: African countries

Recommended for you:

Swinburne International Excellence Undergraduate and Postgraduate Scholarships

Value of Scholarship: 

  • Fellowships and Grants from our partners
  • Scholarships (Fletcher / Oxford Skoll / Yale / Oxford Pershing Square)
  • Mentors
  • Venture Capital
  • The Harambean Network

Application Deadline: 

16th November, 2020 at 23:59

How to Apply: 

  • Candidates must complete online HEA Application by November 16, 2020 HERE

Official Website:

For More Information Visit the Official Scholarship Webpage Here.

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Developing Country

Nestle Scholarships for Women from Developing Countries

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Nestle Scholarships for Women from Developing Countries.

The Nestlé Scholarship for Women was first awarded in 1997 and was initiated by a group of IMD MBA participants who wanted to encourage women to take the MBA.

We aim to encourage high achievers from around the globe who don’t necessarily have the financial means to apply, but do have the potential, drive and passion that we are looking for. If you have the desire and ability to join the best group of 90, we want to help you.

IMD is committed to fostering the growth in diversity through our merit and need-based MBA scholarships, which are awarded to candidates who have applied for and accepted an offer to join the IMD MBA program.

These include one full scholarship and four 80% scholarships. In our current class, 63% of our women participants were awarded a scholarship.

Host Institution(s):

IMD in Switzerland

Field of study:

Masters in Business Administration (MBA)

Study in:  Switzerland

Target group:

Women from developing countries

Scholarship value/inclusions:

CHF 25,000

Nestle Scholarships Eligibility:

Preference is given to women from developing countries.  Employees of Nestlé or its subsidiaries are not eligible.

Recommended for you:

Tutition-free International Masters Programme 2020 – Norwegian University of Science and Technology (NTNU)

 

Application instructions:

Together with the MBA financial aid application form, you must also submit a 750-word essay using the IMD MBA Scholarship template on “Many have argued that greater diversity in the Top Management team of an organization is good for profits and customers. What would you recommend as ways to achieve greater diversity?” The deadline for scholarship applications is 1 September annually.

It is important to visit the official website (link found below) to access the application forms and for detailed information on how to apply for this scholarship.

Application Deadline: 1 September (annual)
Note: Course starts Jan 2021

Official Website:

Official Scholarship Website: https://www.imd.org/mba/financing/one-year-mba-program-scholarships/

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International

Jacobs Foundation Scholarship in Youth and Child Development 2020/2021 – University of Oxford, UK

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Jacobs Foundation Scholarship 2019/2020:- New to Saïd Business School, the inaugural Jacobs Foundation scholars offer applications to start their studies in September 2020.

About the Award: The Jacobs Foundation scholarship was introduced in 2018 and is open to candidates with a strong interest in the field of youth and child development.

Jacobs Foundation scholars have an entrepreneurial vision, are dedicated to social issues, and usually have a minimum of three years’ work experience.

The Jacobs Foundation Scholars will also be committed to the goals of the Jacobs Foundation.

It is hoped that the Jacobs Foundation Scholars will become active participants in the Jacobs Network, connecting with other fellows online and offline through events and conferences; and contribute to the advancement of the network as well as the Foundation’s communication channels such as the newsletter or the blog.

Scholars will be invited to attend an introductory week in Zurich, Switzerland, prior to the start of their Oxford programme.

The date for this introductory week will be announced soon. Attendance at the introductory week is strongly recommended.

Application Deadline: 1st November 2019

Eligible Countries: See list below

To be taken at (country): Saïd Business School at University of Oxford, UK

Type: MBA

Jacobs Foundation Scholarship 2019/2020 Eligibility:

Candidates must have an interest in the following areas (in order of priority):

  1. Childhood development, learning education (ed-tech, early-ed, parenting, brain development);
  2. Agricultural development in Africa (food security, microfinance, supply-chain);
  3. Impact investment, with a preference for education.

Candidates who have industry experience from the NGO, education or government sector are welcome to apply.

Additionally, candidates must be ordinarily resident in one of the following countries:

Andorra, Austria, Belgium, Benin, Bulgaria, Burkina Faso, Croatia, Czechia, Denmark, Estonia, Faroe Islands, Finland, France, Gambia, Germany, Ghana, Greece, Guinea, Guinea-Bissau, Holy See, Hungary, Iceland, Ireland, Italy, Ivory Coast, Latvia, Liberia, Liechtenstein, Lithuania, Luxembourg, Mali, Malta, Mauritania, Monaco, Netherlands, Norway, Poland, Portugal, Romania, San Marino, Senegal, Sierra Leone, Slovakia, Slovenia, Spain, Sweden, Switzerland, Togo, United Kingdom, United States.  (With a preference for: Senegal, Guinea, Ivory Coast, Burkina Faso, Benin, Ghana, United Kingdom, Switzerland, Germany and Romania.)

Value of Award:

  • £26,500 per scholarship
  • As a Jacobs Foundation scholar, you will also benefit from interaction with the Jacobs Foundation directly.

How to Apply: You must submit an additional Jacobs Foundation scholarship essay in the funding section of your programme application form.

Please write up to 500 words, answering the question:  Tell us about your experience in one of the listed Priority Areas. 

How would the MBA programme support you and your future plans in one of these areas?

Official Website:

For More Information Visit Programme Webpage Here.

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