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As applicants receive final notifications from MBA programs, they now need to focus on two final steps of the admissions process: getting their finances in order and informing supervisors of their impending departure.
Getting your finances in in order.With your acceptance packages, you will be presented with information about public and private loans, scholarships and other ways in which you can fund graduate school. Most top MBA programs offer various types of financial support – although the majority of students will need to fund their education themselves. Be sure to check, some programs have special lines of credit for both international and domestic students and may even be willing to act as a guarantor for those who qualify.
Informing supervisors of your departure.When leaving your current place of work, be diplomatic and professional. It’s likely that your supervisor is aware of the possibility of your leaving as he or she was one of your recommendation letter writers. If your supervisor was unaware of your MBA applications, put in notice by written letter once you have made a decision on which program you will be enrolling at. Explain why you are leaving and offer to help your employer with the transition process. Don’t burn any bridges. Your former colleagues will continue to be a part of your professional network.
If you have been waitlisted, provide additional details or an update to the admissions office. When doing so, make sure that you do so judicially and that your new material is of value. If the program is your top choice, indicate that to the admissions office. Always follow the rules and guidelines provided by the program.
If you were not not admitted to the program you were seeking to enter, ask for feedback on why your application was denied. This will help you pinpoint weaknesses. If you decide to re-apply next year, be sure that your materials show improvement and growth.