So you’ve reached the stage in your working life where you feel it’s time to take the next step and make yourself more promotable. One easy way of doing this is by enrolling to take an MBA – a Masters of Business Administration – which, once added to your CV, serves as proof of your dedication to self-improvement in an ambitious business environment. Many people, however, get stuck once they decide they want to take an MBA – with so many options available and so many questions to ask, how can you possibly know which way to turn first? To help you on your way, here are a few dos and don’ts relating to the complex world of MBAs.

An MBA requires a lot of commitment. If you really think you’re ready then it can be a life-changing qualification; however you need to be sure that it is circumstantially viable, as you’ll usually need around 5 years work experience, a year or so free to dedicate to study, and the financial means to support at least part of the cost (some loans are available but do not cover the entire course fee). The phrase ‘only fools rush in’ may sound corny, but there’s a great deal to be said for preparation and readiness.

There are, of course, many institutions out there, both in the UK and abroad that offer MBA courses, each one differing, depending on the institution or period of study. A good way to be sure that you’re picking the best course available is to do your research first. The Independent has a postgraduate section on its website where you’ll find a page dedicated to MBA related information. Then, once you have a thorough knowledge of the basics, you can try sifting through various institutions. Ashridge is well respected in the UK for its MBA and business courses, whereas Stanford University in the US has a good reputation for its two year course.

Don’t lose sight of why you’re applying. It may be tempting either to give up, or to plump for a course that costs you less in time and money but isn’t as well respected. Don’t forget that you’ve decided to do an MBA to improve your skills and your job prospects, so it really is worth going all out and making a little extra sacrifice for a top course. To stay in sight of your objectives, and general incentive, try browsing through jobs sites like Reed.co.uk and Monster.co.uk to see what kind of roles will open up to you with your new qualification.