Don’t worry about financing your MBA. All you need to take care of is the application expenses (exam fees, application fees, sending scores to schools etc). For your MBA expenses, lets consider you have a good score and a good profile. Now, here are your options:
- The top schools are expensive and offer almost no scholarship. But they offer easy loan options. Nobody has had to reject an offer till date due to finances. The top schools make sure that you get a good loan to cover your MBA expenses. Of course you start paying back around 3-6 months after graduation.
- The other schools usually offer a good mix of scholarship and loans.
Once you are convinced that you can take it up, lets talk about your goals. Yes, its extremely important that you have your goals in place. DO NOT look for an MBA just because you HAVE to get a masters degree. You have to be inclined toward business and should feel confident about excelling in some field.
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