How to Choose an MBA Program
There are more than a thousand MBA programs in the U.S. alone. With so many to choose from, how are you supposed to find the right one for you?
That panic you’re feeling—that’s why we created a comprehensive list of what to look for in an MBA program. Whether you’re trying to narrow down where to apply, or you’ve already applied, been accepted, and need to make your final decision between a few—this list can be your guide.
1. Think About Your Business Philosophy—and Make Sure You and Your MBA Are Aligned
Let’s just get it out of the way: everyone has their own reasons for wanting to go into business. And a business school that sees things the way you do is going to offer a curriculum you’ll benefit from, opportunities you’re interested in, and faculty that want to see you succeed.
So, the mission statement for the school you’re considering is just as important as the one you’ll find at your future job. Their mission is going to bleed into how they approach the curriculum—theoretical vs. practical—and the types of concentrations they might offer.
Think about what aspects of business are most important to you. Are business and finance inextricably linked for you? Get an MBA with a finance concentration. Do you think business should play a role in preserving natural resources and championing renewable energy? A green MBA might be more your style.
If that’s the case, you may also agree with recent consumer demands around corporate social responsibility. Many businesses struggle to adapt to new regulations and higher standards of accountability, and they don’t have employees who know how to help. That’s in part because not all schools offer MBA programs with a sustainability focus.
There’s a lot of opportunity in sustainability. Businesses need innovative minds that can think past the profit and strategize for the triple bottom line.
What is the triple bottom line?
In business, the triple bottom line approach has companies focus as much on social and environmental impacts as they do on profits. Rather than one bottom line, there’s three: people, profit, planet.
Sound like something you’d be interested in? Consider a master’s degree in sustainability.
2. Look at the Student Success Outcomes
This is pretty straightforward, right? What percentage of graduates are employed after 3 months? 6 months? And what employers are their graduates working for?
A lot of MBA programs are going to have impressive numbers, and it’s important to also look at their professional development or career services department. Your MBA is so much more than the courses you’re taking. It’s the people you meet, the opportunities you get, and the career skills you pick up along the way.
At Bard Graduate Programs in Sustainability, students have an Individual Career Planning process that they work on with a career counselor. At least once a semester, students meet with their counselor to develop and execute on their career plan. At Bard, you build your resume through internships, consulting positions, certifications, case competitions, and the capstone process — tying in seamlessly with the curriculum.
3. Find a Concept-Driven Curriculum, Based on Experiential Learning
Your curriculum, especially if you’re interested in a green MBA, should have sustainability baked into the program, not bolted on. Sustainability business practices need to be woven throughout the curriculum and not just an elective course you take towards the end.
In fact, the Bard MBA in Sustainability offers a year-long course in sustainability consulting for real-world clients. In addition to that, all students complete an individually-mentored capstone project. Your project could be founding or running a start-up, pursuing an intrapreneurial change project, developing a business model, completing a practicum in an area of interest, beginning a book, or writing an academic thesis or a major piece of business journalism. After your capstone project, you’ll have achieved mastery in a chosen subfield of sustainable business paired with the ability to develop a sustainable business model and manage it successfully.
Don’t forget — your concept-driven curriculum should be taught by engaged faculty who practice what they preach. Faculty who are innovating and inventing sustainable business in their day jobs and bringing that experience right into the classroom.
4. Search for a Program that Fits Your Schedule—and a Location that You Love
MBA students come from all walks of life. They’re working professionals, they’re parents, they’re recent graduates, and they all need a program that fits their lifestyle.
Look for MBA programs that offer full or part-time options—even hybrid ones. The Bard MBA in Sustainability offers synchronous online evening classes twice a week, so that students can attend from across the U.S. What’s more: that hybrid feel is complemented by one extended weekend a month in New York City.
What can you do with an MBA in Sustainability?
Many people interested in business are also looking for careers that help the environment, but may not know what kind of jobs are available to them.
Sound like you? Read our Career Guide.
Businesses are really starting to understand the importance of corporate social responsibility. And they need leaders who understand how to combine cutting-edge business ideas with sustainability principles, how to balance the triple bottom line, and how to recoup when the marks are missed. It takes a special kind of leadership. Find out if you’ve got what it takes.
At Bard Graduate Programs in Sustainability, we change the game through sustainable business. Visit our site to see if this is the MBA program for you.