Is Now The Right Time For An MBA?

The 2022-2023 MBA application season has officially kicked off. As more business schools begin to release their essays and open their applications, you might be wondering whether now is the right time for you to pursue an MBA. Every year, Personal MBA Coach helps countless MBA hopefuls navigate this decision.

To assist you in determining whether now is the right time for an MBA, Personal MBA Coach has shared our top indicators that it is in fact the best time for you. If one or more of the following resonates with you, it is time to kick your application efforts into high gear!

You Are Ready to Change Careers

Changing careers while simultaneously working on your MBA applications can be difficult. Although some folks do change industries or functions before business school, post-MBA is a better time to change careers for most applicants.

An MBA is a great equalizer in many ways, and MBA graduates typically start at a similar level to one another. If you are ready to switch careers, pursuing an MBA is a great starting point.

Your Personal Circumstances Make It a Good Time to Be a Student

Returning to school, particularly full-time, is a big lifestyle change, and your personal situation should be a large part of this decision. Are you looking to make a big move or change? Is your partner returning to school and it will be easier to study with one another? If late 2023 looks like it will be a good time for you to go back to school, now is the time to get working on your MBA applications.

You Feel Stuck at Work

Have you plateaued at work? Do you need an advanced degree or MBA to reach the next level in your career? If it feels as if you have maxed out on the learning opportunities in your current role, not only will staying in the position be less likely to help your professional growth, but it may also limit your future options.

For those who feel close to plateauing, now may also be the time to apply. Remember, it will still be over a year until you likely enroll in your program of choice.

You Have 3 to 7 Years of Pre-MBA Work Experience

On average, MBA applicants have 3 to 7 years of pre-MBA work experience. Once you hit the 6-year mark, your chances of admission begin to decrease slightly each year. That said, the longer you hold off on applying, the more likely it is that you will run out of time to give your dream business school your best shot. So, think about taking the leap now!

However, if you already have more than 7 years of experience, do not worry. Personal MBA Coach works with many more-experienced MBA hopefuls who successfully get into top schools by developing a story to explain their roles to date.

If you are ready to begin the MBA application process, Personal MBA Coach is here to guide you! Contact us today to find out how we can help you maximize your chances of success.

About Personal MBA Coach:

Founded by a Wharton MBA and MIT Sloan graduate who sits on the Association of International Graduate Admissions Consultants Board of Directors, Personal MBA Coach has been guiding clients for 15 years and is consistently ranked #1 or #2 by leading sources including Poets & Quants.

We help clients with all aspects of the MBA application process including early planning, GMAT/GRE/EA tutoring, application strategy, school selection, essay editing, and mock interviews. Our team includes former M7 admissions directors and former M7 admissions interviewers.

Scott Edinburgh is a Wharton MBA and MIT Sloan BS graduate and founded Personal MBA Coach 15 years ago with the goal of providing customized one-on-one support. Scott also serves on the Board of Directors for AIGAC, the Association of International Graduate Admissions Consultants, and is invited to speak at MBA Admissions events globally. Our clients have been accepted to all top schools globally with a 96% success rate. They received $6.5M+ in scholarships last cycle.