On paper, it seems like a good solution. With the economy slumping and layoffs on the rise, it’s a great time (or frankly, a necessary time) to get back into the classroom, upgrade your education, and make yourself more desirable to employers. The problem though, is that you’re not the only person who has thought of this. The majority of schools, not only in North America, but also Europe have seen an increase in applicants; unfortunately the increase in applicants has not always equaled an increase in student space, making competition for existing spots fiercer then ever.
Here are three things you can do to improve your chances of scoring one of those spaces:
- [subject:'gre' Ace your Exam]. Whether you’re taking the GRE or the GMAT, now is the time to knock it out of the park. If you’ve already written the exam once, but feel that you can improve, consider rewriting to boost your score
- Submit your application as soon as it’s ready. “Once your application is ready, don’t wait around” says Evan Bouffides, Assistant Dean and Director of M.B.A. Admissions at the Olin School of Business. “There’s a better chance of getting in earlier rather than later in the admissions cycle.”
- Increase your work experience – especially if you’re a recent graduate. Books smarts are good, but street smarts are even better. Showing the admissions committee that you’re coming into the program with working experience looks fantastic. If you can afford to work as an intern, even better. It won’t pay off your loans, but the experience you earn can be invaluable.
Read the full article: Will the Recession Make you Miss out on Grad School?