Bangalore: Management education is the most sought after among young graduates armed with or without experience in related fields. The huge rush has made way for a web of false notions regarding admission to the much coveted MBA courses and colleges in the world. Although the information is readily available online, the prospective learner is in a quandary by looking at the various standardized tests and the GPA or the Grade Point Average. Let us have a preview of some of the myths revolving the admission process:

GMAT Score

The GMAT or the Graduate Management Aptitude Test and GRE or Graduate Record Exam are the standardized tests for getting the admit card. An impressive score in these tests will surely add a feather in your cap and lets you stand apart; however, it is just one of the paradigms put forth by the Universities, among a range of additional influential factors. The Statement of Purpose (SOP) or the essay will portray your character and helps to prove your competence to the evaluator in a subtle way. It is interesting to know that most of the colleges look out for a more expressive and genuine essays. The most remarkable ones even with low GMAT scores stand a good chance of getting in. Your accomplishments, irrespective of their dimension and special interests in any topics are given an equal importance, apart from the GPA scores.

Work Experience

This is the most common misconception among the aspirants that having worked in an organization is sacrosanct for getting in, based on the facts that a large number of universities only entertain experienced candidates. Well, it is good to have prior stint in business houses; but it isn’t the lone factor that is required. The evaluators are keener on knowing your profile and job description; and the way in which you influenced the working of organization. The case studies and discussions are a part of an MBA study curriculum, where the experience can help in a large way in relating to your job profile. Many reputed colleges are open to fresh, out of college graduates with no prior work experience. If you can prove it to them the ways in which the MBA course can be beneficial to you, then you stand a greater chance.

High Pay

Sorry folks, but an MBA certificate doesn’t necessarily equate a higher pay. It is quite common to find aspirants driven by money and paycheck associated with the MBA degree. However the companies paying fat remunerations is gradually waning as they have become smarter while hiring, rather than selection based on academic excellence and the reputation of colleges. The individual competence plays a greater part in the companies’ growth curve, which is often neglected even by the biggest corporations of the world. It is quite tempting to look at the salary figures offered for graduates from the elite B-school such as the Ivy League and IIMs, but let’s not forget that they are subjected to layoffs and decrements based on their performance.

MBA should be perceived as a course where you can relate to your own experiences and get acquainted with the tools and resources available to drive your business to success. But, there is a dearth of Entrepreneurs from these B-schools, even though much hype is associated with it.