Thinking about studying a business degree but don’t feel clued up enough to take the initial steps? Take a look at our business school application FAQs (frequently asked questions), to find answers to some of the most common questions asked by students thinking of applying to business school.
11. Do I have to pay an application fee?
Many top business schools charge a fee for every application, to ensure that only those who are really serious about the program apply. This fee is usually no more than US$100.
12. Will I have to attend an interview?
Again, this depends on the business school you’re applying to, but it’s not uncommon to be invited for an interview after submitting your application. If you live abroad and getting to the school is a problem, you may have the option to set up a video interview instead.
13. Do I need any work experience?
For programs such as an MBA (Masters in Business Administration) it is very likely you will be asked to show at least several years’ experience of working in a business environment. For some other specialized master’s degrees, however, this is not the case. Work experience requirements should be included in the admissions requirements listed by each school.
14. Can I apply to business school before completing my undergraduate degree?
This depends on the school you’re dealing with, but often if you’re due to complete your degree in the next few months, you can apply for a business school program without a degree certificate. Check with the school in question, and include the transcripts of your grades and module results to date in your application.
In the case of pending English-language test results, many schools will still process your application, but won’t offer you a place until you submit proof of your English ability. Make sure to include details of when you expect to receive your results within the application.
15. Can I defer my place at business school?
Many schools offer the chance to defer entry, after gaining admission. Deferring entry may come at a price, however; at top business schools expect to pay a reservation fee of between US$500-US$1,500.
16. Are there any age restrictions for business schools?
In some countries it is common to have an age restriction on higher education programs. But in most cases, as long as you have the required experience (often a minimum of three years of undergraduate study plus any required work experience) and meet all other requirements, there is no upper or lower age restriction.
17. What tuition fees should I expect to pay at business school?
Programs such as an MBA or other highly specialized business degree will be markedly more expensive compared to other postgraduate degrees. But the majority of degrees offered at business school, such as an MA or MSc qualification, will charge tuition fees similar to the regular postgraduate fees offered at the main university. For information on tuition fees for specific programs, contact the business school or check the website.
18. Is there any funding available to cover tuition fees at business school?
As fees to study at top business schools are not cheap, there is a wide range of funding opportunities available. Your first port of call for funding and scholarship information should be your chosen school’s website. Often you’ll find information about various funding options, fellowships and scholarships with details on how to apply. For external funding information, you should consider governmental funding schemes, either from your home country or the country in which you wish to study. Funding may also be available from external organizations in the form of scholarships, sponsorships and loans.
19. Further questions?
If you have any further general questions about business school applications, please ask us in the comments below or in our international student forum. For more specific questions related to particular programs and schools, contact the business school’s admissions team directly.
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