Before starting your application process, I believe that an aspirant should take the time to find the right school that would cater to their specific goals. Even though there are a lot of rankings and MBA fairs advertising numerous schools, it is important to spend enough time, giving long and hard thought to which school would work best for you. Serious and thorough research is an absolute must.
Another point I would like to add to youngsters is that they should secure financing for an MBA early on. I got accepted into Chicago and HEC Executive MBA programs. However, I had to decline Chicago, even though it was my first choice, chiefly because I could not secure the funding for the program. So I believe, this is also a very important step that many aspirants tend to ignore but shouldn’t.