Few things in life have a greater payoff than an investment in education in terms of the opportunity it provides to acquire skills, build a career, boost income, and fulfill personal goals. But increases in costs for higher education and changes in the world economy have had an impact decisions to enroll in graduate business programs, particularly since the start of the global recession. (more…)
You are not alone in seeking advice from family and friends about your decision to pursue a graduate management education. More than half (61%) of the 16,000+ prospective b-school applicants GMAC researchers surveyed last year ranked family and friends as one of their top sources of information when it comes to planning for b-school.
Business school alumni consistently tell us that pursuing a graduate management degree was personally and professionally the right decision—a gateway to their future, worthy of the investment of time and money required to advance their career goals and open the door to new opportunities. But paying for school can certainly seem daunting, especially in this post-recession economy. As you consider which graduate program is right for you, keep in mind that you have many financing options available. Here’s what we’ve learned:
Develop a Financing Strategy
It helps to take a pro-active approach to developing a strategy that works for you and your family, and that aligns with your career aspirations. No one formula is right for everyone.
Okay. We’ve all been there. Deadlines and due dates are sources of stress for almost everyone and this stress is only made worse when there’s an application deadline in play. You’re busy enough researching schools and studying for the test. Navigating the test accommodations process can seem an impossible and time-consuming task.