Masters in Business Administration is considered one of the most sought-after career choices. Earning this degree can have both expected and unexpected benefits in your life. Whether it is getting a fatter paycheck or enhancing your professional skills, an MBA degree is an all-in-one package.
Although the MBA degree is the first choice of many, there are a few myths lurking about its entrance exams. So if you are one of those, preparing for upcoming MBA entrance exams, there are a few myths you should look out for.
Myth 1: MBA is All About IIMs
Most students prepare for CAT (Common Admission Test) hoping to get accepted into one of the IIMs in the country. But, MBA is not just limited to these business schools. There are a lot of institutes that offer MBA programs with the same benefits. For example, a good score on the SNAP test can get you into Symbiosis International (Deemed University), which is one of the top MBA colleges in India.
Myth 2: Work Experience Proves to be an Advantage in MBA
Work experience is considered a necessity for many MBA aspirants. But, it is not the truth. Your admission into a good B-school solely depends on your MBA entrance exam score and the consequent GE PIWAT rounds. Sure, some experience might give you some knowledge during your program. But, it is not a must.
Myth 3: A coaching institute will increase my chances of getting admitted in a good B-School
What is the key to scoring well on your MBA entrance exam? A coaching institute. No, this is not it. Joining a coaching institute can be the first step on your ladder to score well. However, it cannot be the only factor you rely on. Instead focus more on self-study and practice!
Myth 4: The more attempts, the higher are my chances of cracking it
This is a bubble waiting to burst since the longest time. Attempting the same exam several times will not affect your admission positively. Instead, focus on learning new ways to prepare for the entrance exam. For example, if you want to pursue an MBA from Symbiosis, invest some time in enhancing your public speaking skills. This is because group discussion is one of their parameters for selection in the MBA program.
Myth 5: I need to study for 7-8 hours every day
No, you do not. If you start well in advance, you would not have to spend so much time studying on a regular basis. Hence, you should consider starting 5-6 months prior to the entrance exam. This ensures you have enough time to understand the exam pattern, syllabus, your strengths and weaknesses, areas you need to improve, and so much more.
These are some of the common myths about MBA entrance exams. If you are planning to prepare for an MBA entrance exam, make sure you keep the ones mentioned above in your mind.
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