What You Should Know About This Degree
Generally, MBA programs seek students who already have some professional experience in a business-related field, as well as a relevant educational background. The exact requirements may vary by program, so it’s important to review eligibility requirements prior to applying for a program, to ensure you have the necessary qualifications for admission.
In some cases, students can complete prerequisite coursework through the MBA program prior to enrolling, although this is an extra commitment of time and money. If you lack the experience or educational background required by an MBA program, another option is a Master of Science (MS) in international business. These types of graduate programs are more flexible in their admission requirements, and more available to students of all backgrounds.
Hands-on experience is an important part of an international business education. Therefore, most programs require some type of study abroad experience, such as residencies or internships. When researching programs, find out what types of international experiences you have to complete, and what costs are associated with these experiences, so you can incorporate them into your schedule and budgeting.
Here are some questions to ask when researching Online MBA in International Business programs:
- Are GMAT or GRE scores required? MBA programs commonly require standardized test scores, like the GMAT or GRE, as part of the application process. If you need to take these exams, you should make arrangements to do so as soon as possible, as it can take several weeks to process your scores.
- How are courses delivered? Online courses are typically delivered synchronously or asynchronously. Synchronous courses meet remotely at set times throughout the semester. Asynchronous courses do not have scheduled meeting times; instead, students access course materials and assignments on their own time. Consider your personal learning preferences and scheduling needs when choosing the type of program that will work best for you.
To ensure a smooth application process, you should be mindful of application requirements and deadlines. If you have questions about the admissions process, you contact the program’s representative or the school’s admissions office.
Financing your MBA degree is another important consideration. You should apply for institutional aid like assistantships and scholarships, when available, as well as student loans. Another option is finding out if your employer offers any kind of tuition assistance benefits.