Today, an MBA is one of the most sought-after graduate degrees and is the most popular online degree program. But though it is increasing in popularity, it is still as rigorous and challenging as ever. To succeed in a competitive MBA program, an MBA candidate should have certain characteristics, and here, we profile the top 10 qualities of a great MBA student:
- Commitment and Focus:
An MBA program isn't a cakewalk, and the most successful students are the ones who are absolutely committed to the program and to their own career goals. You should have a clear idea of why you want an MBA and what you want it to do for your career. Keeping a strong focus on your goals will help you maximize your program's offerings and give you the most bang for your buck throughout the program.
- Communication Skills:
Any effective business leader has to have great communication skills, and it certainly helps if those communication skills are honed before starting b-school! Great written communication skills, especially, will be imperative in an online MBA program since you'll likely be limited to using email and other online methods of communication to reach your professors and classmates.
Some of today's top businesses are those who think "outside the box" and develop ingenious solutions to common problems. An MBA candidate should be very creative and be able to come up with innovative and realistic ideas for their organization.
- Decision-Making Skills:
A key aspect of leadership and management is being able to make effective decisions and think quickly on your feet. This is something that any good MBA candidate will need to have during school to successfully complete assignments and participate in activities.
A great online MBA candidate should be very self-disciplined. Not only does an MBA involve intensive coursework, the freedom of an online format only makes it easier to become distracted with other projects. To get a good grasp of the material and to make sure the work is being completed, you'll need to have great time management skills and be able to keep yourself in check.
The most successful MBA students and business leaders have a strong sense of entrepreneurship. They are interested in being innovative and have a strong commitment to success. They are driven and extremely motivated.
The most successful business leaders are those who practice with sound ethics in mind, and ethics are key to getting through business school, as well. In addition to understanding why good business decisions are made on the basis of ethical codes, it's important to work within your school's and your own ethical guidelines.
An MBA is a degree designed for those interested in leadership roles in their organizations, so the best candidates for an MBA will have strong leadership skills as well as an interest in increasing such skills.
- Logical Analysis:
Many MBA courses involve logical thought processes, and thus, the most successful students have a strong sense of logical analysis. They are able to think through complex situations quickly and clearly to develop smart solutions and ideas.
Just as a successful business is the work of all its employees, so is the work of an MBA candidate. MBA students will often be called upon to work in teams on various projects, and a great student will be able to handle the group work without a problem. An online MBA student, especially, should feel comfortable working with others through email and chat programs or even through the occasional face-to-face meeting.