A guide to your MBA decision-making process

Jo Esebame, participant of the Full-time MBA, explains the essential factors to consider to simplify your MBA selection process.

Why choose to study an MBA?

Pursuing an MBA was a unique opportunity for me to develop myself as a professional holistically. It gave me a comprehensive understanding of business strategies, leadership skills and a broader perspective on various industries. The programme has equipped me with the knowledge and skills needed to navigate complex business challenges, and fostered my strategic thinking, decision-making abilities and effective communication. Ultimately, obtaining an MBA will enhance my career trajectory and open doors to leadership roles and entrepreneurial opportunities.

Flexibility – part-time or online programme?

The choice of an MBA programme depends on individual circumstances. Full-time programmes allow for dedicated study, while part-time or online programmes offer flexibility for those with work, family, or other commitments. The programme duration varies, with full-time programmes typically taking one year, and part-time or online programmes extending over a more flexible timeframe.

Length of programme

The choice of programme duration depends on personal preferences, career goals and the ability to balance academic and professional commitments. My preference was the full-time MBA programme which typically takes around 1 year to complete. The length of an MBA programme varies as part-time or online programmes may extend over a more flexible timeframe, to accommodate students' schedules.

How to pick an institution

Selecting the right institution involves considering various factors. While rankings provide insights into academic excellence, it's essential to evaluate programme structure, faculty expertise and alumni networks. One should consider an institution's commitment to diversity and inclusion, as exposure to a diverse student body enriches the learning experience. Additionally, location plays a role; proximity to business hubs offers networking and internship opportunities.

Financing

Financing an MBA can be a substantial investment and it is crucial, but various options are available. Based on my experience, many students explore employer sponsorship, where companies support employees' education. Scholarships, both merit-based and need-based, are valuable resources. I would advise that prospective students explore scholarship opportunities offered by the institution, industry associations, or external organisations. It would be beneficial to investigate financial aid options, student loans, potential for internships or payment plans to determine the most suitable option for one’s circumstances.

Modules

The MBA programme typically comprises a mix of core and elective modules. The core modules cover fundamental business topics, while electives allow specialisation. The core modules offered in the MBA programme vary, but commonly includes core courses in finance, marketing, strategy and leadership. In my choice of elective modules, I evaluate the practical application, industry relevance and any experiential learning opportunities. Most importantly, I considered the programme's curriculum alignment with my personal and career goals to ensure that I have a well-rounded education.

Equality, diversity and inclusion

Consideration of equality, diversity and inclusion was crucial for me in selecting the Warwick Business School (WBS) MBA programme. A diverse student body enriches the learning experience by exposing one to varied perspectives. Warwick Business School’s inclusive MBA programme provides a platform for diverse perspectives, which fosters a rich and collaborative learning environment. My choice of WBS was based on my perception of the institution's commitment to fostering an inclusive environment, diversity in faculty and student recruitment and how the institution promotes these values in both academic and extracurricular activities.