Loads of money. Prestige and honor. Entrepreneurship. These are just some of the reasons that people have for applying to business schools. Whatever your reason may be, it is something that you would have to defend and elaborate on in your MBA personal statement.
An MBA personal statement is an essential requirement that you must meet when applying to business schools. Also called statement of purpose or application essay, an MBA personal statement is used to assess whether the applicant possesses the skills needed for the program s/he applied for. Aside from providing a personal backgrounder and discussing your goals, one of the commonly tackled topics in an MBA personal statement is why you chose a specific MBA program from that school.
There are different types of MBA degrees that you can choose from depending on your time availability, financial resources, and focus of study. Assess your options well before choosing which MBA degree to take, because your choice of program will constitute a significant part of your MBA personal statement. If the reason you’re pursuing an MBA is to make gazillions of money and you fear this isn’t a good reason, don’t worry. You can still justify this reasoning in your MBA personal statement. Listed below are some tips on structuring your MBA personal statement according to the type of MBA degree you’re applying for:
One-year or Two-year Full-time MBA Degrees
Full-time MBA degrees are the most demanding in terms of time and financial resources. Applicants aiming for full-time MBA degrees should clearly state in their MBA personal statement why a full-time degree is the most suitable for them. An MBA personal statement for full-time MBA degrees should also show the applicant’s commitment and focus to getting an MBA degree.
Executive MBA Degree
The MBA personal statement of someone applying for an executive MBA degree should include professional achievements and explanation of career progress. Executive MBA degrees are designed for managers, executives, and working business professionals, which implies that the applicant should have years of work experience and a business track record. In this case, the applicant’s MBA personal statement should also explain whatever inconsistencies there may be in the applicant’s professional and business records.
Specialty MBA Degree
When aiming for a specialty MBA degree, your MBA personal statement should include detailed explanations of why you want to specialize in that field. Specialty MBA degrees involve highly targeted training programs, so your MBA personal statement should show your fiery passion for that chosen field.
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