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MBA Interview Questions and Answers Guide

An MBA provides valuable skills, networks, and a respected brand that can accelerate one's career. The degree equips students with technical skills in areas like finance, marketing and management, as well as soft skills like leadership, teamwork and communication. An MBA program's network of students, alumni and partners can help with career development, business opportunities and expanding one's field. The MBA brand signifies management training and opens doors, with prestigious schools offering stronger reputations. Overall, an MBA is a means to advance one's career potential and flexibility through powerful educational and networking benefits.

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100% found this document useful (1 vote)
481 views7 pages

MBA Interview Questions and Answers Guide

An MBA provides valuable skills, networks, and a respected brand that can accelerate one's career. The degree equips students with technical skills in areas like finance, marketing and management, as well as soft skills like leadership, teamwork and communication. An MBA program's network of students, alumni and partners can help with career development, business opportunities and expanding one's field. The MBA brand signifies management training and opens doors, with prestigious schools offering stronger reputations. Overall, an MBA is a means to advance one's career potential and flexibility through powerful educational and networking benefits.

Uploaded by

rajeevnickraj786
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
  • Why should I hire you?
  • Why get an MBA?
  • Answer
  • 4 Common “Tell Me about yourself” Interview Questions and Answers
  • 5 Tips for “Tell Me about Yourself” Interview Answers

Q. Why should I hire you?

A I'm a good fit for the position. I have what it takes to solve problems and do the job. My high energy and quick learning style enable me to hit the ground and size up problems rapidly. My colleagues would tell you I'm a team player who maintains a positive attitude and outlook. I have the ability to stay focused in stressful situations and can be counted on when the going gets tough. I'm confident I would be a great addition to your team. I have what it takes to fill the requirements of this job - solve customer problems using my excellent customer service skills. I will be an asset to your company. I look forward to being a part of your team.

****I would only pick one or two lines out of this statement. After about the second line, you are going to sound like you are reading it from a book. This question is merely me asking you upfront why I should single you out. One of the best things to include is that You will become a truly valuable asset to my company in a short amount of time" Also make sure that you say it out loud a few times to yourself first, you want to become comfortable with it. If it comes across like you are reading it from a book...you just lost my interest and will not be receiving a second interview. The biggest part of an interview is to see how you hold yourself, communicate comfortably, are confident in yourself and your work but not "cocky".....because honestly i will know if i will be calling you back in the first five minutes of the interview...

You should hire me for three reasons 1. I have a great positive mental attitude 2. I have a strong work ethic to bring to the company 3. I have a student mentality Elaborate and explain a bit on each of these and you will be effective at selling yourself to any employer

Q. Why get an MBA?


y

Having a master's degree in business administration is necessary for those who want to gain an advantage in this ultra-tough industry. It is one of several business degrees that provide a huge impact on a professional's salary and career advancement options. A Masters of Business Administration (MBA) can help you move up the career ladder at a large corporation significantly.

Besides the education you get in accounting, finance, management, operations, etc., you will build you business network. Plus, graduating from a prestigious MBA program gives a very good first impression.
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"Master of Business Administration"

An MBA is one of the most coveted postgraduate degrees today not just for business professionals, but for college graduates in general. Having a master's degree in business administration is necessary for those who want to gain an advantage in this ultra-tough industry. It is one of several business degrees that provide a huge impact on a professional's salary and career advancement options. Being an official Master of Business Administration is also an attractive endeavor for professionals outside the industry because the program touches different fields and sectors. Overall, MBA training is a valuable asset regardless of the career path chosen by college graduates.
y

An MBA is a Master's in Business Administration. A full-time student can earn an MBA in 6 years.

I do not recommend getting an MBA unless you want to be like everybody else. Major in something unique and employers will notice you. A master's degree in History or English will make you shine more than an MBA. An MBA is a Masters in Business Administration. It is incredibly helpful ,and often required, of executive officers of large and even some small companies. The higher the degree the more marketable you will become. Whether it's worth it depends on your career goals and objectives. If you wish to pursue areas of management (especially in the corporate sector) then yes, it would be worth it. Still, the Masters degree will also open new areas of opportunity for you. If you plan on being in the work force for some time, its worth pursuing higher levels of education.

Why an MBA The MBA is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace. What will you get out of an MBA? Aside from a powerful life experience, the MBA degree should supply three main value propositions: Skills, Networks, and Brand. Skills These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management. MBA students acquire these skills inside and outside the classroom. Since MBA programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities. Networks

An MBA degree program offers access to a network of MBA students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.
y

Brand The MBA degree is a recognized brand that signifies management and leadership training. The particular school and type of MBA program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career. An MBA program strives to equip its students

I have applied for the MBA program in U21, as it is the next indispensable step in my career. For many purposes, an M.B.A. is the fastest road between where we are now and where we want to go in this competitive environment.
y

Career Advancement or Career Change You may want to gain a position of greater responsibility in your current field. Or you may want to switch from one area of business to another-from marketing or sales to strategic planning or finance, for example. You could be looking to change your career path altogether. Using an M.B.A. to switch

career focus is a typical strategy. Many people seek a management position after acquiring expertise in a different field altogether-such as nursing, teaching, performing arts, or engineering-because they want to shift to a management position in their area. An M.B.A. can help you make a major break or leap in your career path-with a concomitant leap in income. You may aspire to an area that "requires" an M.B.A. as an entry. An M.B.A. signals a prospective employer that you've got the knowledge and skills a demanding job requires, as well as persistence, energy, and even time-management skills to handle it.
y

Specific Management Training Obtaining specific management training and expertise is another common reason for pursuing an M.B.A. Although the M.B.A. is a general management degree, most programs provide opportunities to study one or more areas in greater depth. Investment bankers typically concentrate on finance in their M.B.A.s, for instance. But if you have a very singular focus on a particular field, you may want to consider some alternatives such as a specialized master's program, course work as a non degree student, or non university-based courses, seminars, and workshops. If you need to learn something about a few specific topics, consider an executive education program. Typically conducted as workshops or seminars lasting from a few hours to several days, an executive education program may provide the training you need.

EMPLOYABLE SKILLS GAINED BY MBAs


The transferable skills derived from study for an MBA include the following:
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Academic achievement: demonstrates application and high standards of performance; Communication skills: listening, speaking carefully and clearly, the ability to put across your arguments fluently in writing; Analysis: distinguishing relevant from irrelevant information, identifying issues and problems; Commitment: seriousness of purpose, demonstrated both by taking time out from your career on a reduced salary (or no salary) in order to improve your qualifications and by combining work and part-time study; Practicality: realism, ability to set attainable goals; Maturity: tenacity, independence, organization; Decisiveness: fact-finding skills, clarity, judgment, courage; Intellectual creativity: the ability to develop new concepts and ideas; Capacity for hard work: embodying self-motivation, self-discipline and time management; Group skills: teamwork, leadership, ability to motivate others; The mastery of IT skills: knowledge of statistical packages, spreadsheets, databases and programming languages; Cross-cultural awareness: working with fellow-students from many different nationalities and backgrounds.

In addition to the skills outlined above you are likely to have developed the following skills to a high level through an MBA and through previous employment:
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The ability to overcome difficulties and to solve problems; To be independent and to have developed the skill of managing your own time and work; To be capable of original and creative thought; To argue your case with logic and not to be easily dissuaded by the views of others.

Having an MBA not only gives you more leverage in dictating new job titles and salary, but also gives you leverage in achieving a better balance between work (read: fewer hours working) and life outside work.

Answer
y y y y y y y y y y y y y y y

To become a manager or a better existing manager. Earn a better salary. To develop better critical thinking skills. To sharpen strategy and tactical skills. To develop appropriate leadership skills. To broaden ones scope. To learn and develop strategic thinking. To analyse organizational methods and procedures. To enrich ones life. To take on more responsibilities To step to a higher level within a career To learn approaches to solve real life problems. To increase motivation. To increase performance. To learn to use power appropriately

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To learn the art of influencing people To become more marketable To learn negotiation dynamics To learn the methods for building energized teams. Develop managerial competence. To develop a global mindset. For personal development. To enhance interpersonal skills. To learn the importance of cultural sensitivity. To learn the risk management skills. To lead change. To learn the importance of social responsibility. To develop strategic planning skills.

4 common Tell Me about yourself interview questions and answers


1. A brief summary of your personal details: You have to give your name, where you are from and a brief review of your resume. You may also provide any other personal detail that you choose to provide. 2. Education: You should tell the interviewer about your educational qualifications and any relevant miscellaneous educational qualifications that you might have amassed. 3. Professional experience: Standard questions during a job interview are tell me about your professional experience. Depending on whether you are a novice or an experienced professional, you should share your previous job experiences. If you are a novice, then, you could tell anything that you think would be relevant for the job. You may provide a scope of your educational capabilities and strengths or any of your hobbies, etc. 4. Your weaknesses and strengths: One of the tricky interview questions that you might be asked is tell me about your weaknesses and/or strengths. Therefore, you should prepare for such questions. A common mistake is to take strength and present it as a weakness. You should

be honest. You may share one-two of your weaknesses and the way you have (successfully) corrected or handled these weaknesses. On the other hand, do not boast your strengths. Tell about some of your strengths as having a positive impact on your professional capabilities.

5 tips for Tell Me about Yourself interview answers


Try to be as clear, precise and frank as possible. When interviewing and answering tell me about yourself questions, you should avoid common mistakes and stick to the facts as follows: 1. Keep the information crisp and relevant: One of the first things to remember is to keep the information crisp and relevant. Try to speak in short sentences and moreover, try to give them as much information as possible in the least amount of time. Here is a brief idea of what you would be saying: 2. Do not repeat information from the CV: You should ascertain that none of the information that you provide about yourself is repeated or duplicated from your curriculum vitae. Therefore, even your curriculum vitae should only contain the necessary and relevant information, while all other miscellaneous information should be disclosed during the tell me about yourself answers. 3. Fabricated or false information: Another important thing that you should remember is that you should not give any fabricated or false information while answering the Tell Me about Yourself Interview question. Background checks today have become very important and strict. Companies are known to sack people even after years of working, simply on the basis of some false information provided to them during the initial interview. 4. Irrelevant and unnecessary information: It is very important that no irrelevant and unnecessary information is given out during the question. The question seems to be quite simple, but it is actually one of those make or break questions, from which an interviewee can never recover and hence loses the job opportunity. 5. Facts and figures: While telling about yourself, be prepared to be asked further questions about any facts and figures that you have provided. For example, if you have said that you have a Bachelors degree, make sure that you carry a copy of the same. Any information given without the relevant proof may be deemed suspicious and ambiguous. 6. Do Not Tell them about: You should not disclose too much information . You might tell the interviewer that your hobby is fishing, but telling about your last fishing trip in which you missed a big fish would be too much information, unless the interviewer is a big fishing fan and actually goads you into telling the details. Also, you should not give them too much information about your family members. Of course, you would have to inform them about the number of family members that you have, and whether they work or not, and if yes, where, those kinds of details, but telling them anything apart from that is not suggested.

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