Why should I get an MBA?

The MBA or Masters of Business Administratoin Degree is absolutely required to attain the high MBA salaries that coveted MBA jobs provide. Top ranking MBA programs come in several different forms. The MBA is offered through Online MBA programs, Distance Learning MBA, Executive MBA programs and of course through some of the top university business schools in the U.S. and elsewhere in full time MBA programs and part time MBA programs.

Obtaining an MBA from a Top MBA Program is key to entry into several competitive MBA job fields. Investment Banking, Trading, Consulting, Marketing and Financial Sales are only a few of the highly competitive and high paying financial and business careers. These MBA jobs and the companies that offer them almost exclusively hire from a crop of the top mba program graduates each year. Competition is fierce, but a top mba school can be the difference between gaining admission into this select world or not.

Several publications issue "Top MBA School" rankings. Some of the more well-regarded are those put out by BusinessWeek, U.S News and World Report and the Wall Street Journal. Below you will find links to the latest Top MBA Program rankings by each of these publications.

2010-2011 MBA Rankings

BusinesssWeek MBA Rankings

Wall Street Journal Executive MBA

U.S. News and World Report MBA

Forbes MBA Rankings

There are a few key steps that are required to get into the top MBA programs. A high GMAT score, solid essays, outstanding grades and impressive extracurricular activities are all key components of a top mba school application. There are several great titles available to help you prepare and courses such as Princeton Review and Kaplan can help you achieve your maximum potential on the GMAT.

Of course there is a good amount of competition to get into the top mba schools and for good reason. MBA jobs are some of the best paying in the workforce and top mba graduates make on average substantially more than non-mba holders. If you can’t do a full-time mba program there are a number of quality online mba and distance learning mba programs available that can give you a great education and help you move up in corporate America. While these online mba schools might not have the ‘panache’ or leverage that a top ten mba program will have, they certainly will give you an advantage over the competition with just a bachelor’s degree.

Finally, after you graduate, as important as the degree is your preparation and ability to interview. Interview skills are something that top mba programs stress. There are typically resources available at top mba schools such as career counseling, internships and interview and networking workshops. For a great primer, one book that is highly recommended and required reading at Ivy League MBA Programs is called How to Interview Like a Top MBA. This book is widely seen as one of the best new books on the subject and a 'must read' for those interviewing for top mba jobs.

Please browse through our large assortment of articles all about the MBA. There's a ton of great information here and don't forget to support our sponsors!

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