How to Differentiate Your MBA Program

In a post-pandemic world, MBA program enrollment competition is fierce. To stand out among your competitors and meet your enrollment goals, you must have a bulletproof value proposition that is fully integrated into your content marketing strategies. Your institution’s value proposition, however, may not always fit the bill for adult learners who have busy schedules, prioritize flexibility, and value clear, tangible career outcomes. A combination of storytelling and data-driven strategy can help you differentiate your MBA program and institution, address the specific challenges of your prospective students, and exceed your enrollment goals.

Share your student success stories to differentiate your MBA program

Graduate success stories can help prospective students visualize themselves achieving the same or similar accomplishments by completing your program. This approach leaves prospects with a positive impression of the student experience, helps them justify the cost-to-benefit ratio, and can make your program stand out among your competitors’ generic marketing materials. You can help connect prospects with graduate outcomes through:

Website, direct mail, and social media testimonials that celebrate graduate success stories, new titles or roles, and other professional achievements.

Recruitment event Q&A sessions where prospects can ask graduates candid questions about their program experiences, their employability after graduation, and why they chose this specific program among a sea of competitors.

Graduates who have been asked to share their positive program experiences are also more likely to re-share their feature stories through their social media channels, are more willing to connect with prospects organically, and often feel honored to be asked to participate. It’s a win-win for everyone and can differentiate your MBA program!

Make sure your strategy is data informed

While student success stories foster emotional connections with your prospects, it’s equally as important that your strategy and brand story are also driven by data – especially in a hyper-competitive market with rising costs and waning budgets. It’s crucial to elevate your program’s specific skills, knowledge, and outcomes, of course, but applying sophisticated data analysis to your enrollment strategy can take your brand value a level above the competition. A data-informed marketing strategy can:

Highlight your program’s ROI through data points that directly address an adult learner’s unique needs, wants, and concerns.

Elevate your engagement and conversion rates while tailoring your efforts to prospects’ individual needs through personalization and timing.

Give you a competitive advantage over programs that aren’t as familiar with the specific needs of your prospective students.

Help your marketing efforts remain nimble throughout the cycle by providing real-time feedback about your current results compared to historical data.

Enable you to measure the effectiveness of your current marketing strategies and set realistic goals for the enrollment year and beyond.

Aligning your enrollment strategy with current market trends and data-informed goals drives engagement, produces results, keeps your budget in check, and helps your program’s unique value stand out.

Are you ready to differentiate your MBA program and optimize your enrollment strategy? Contact GPRS today and we can help you leverage our resources and experience.

BY Anthony Campisi | April 17th, 2024

Top Graduate School Myths in 2024

Higher education, including graduate schools, sometimes gets a bad rap. All too often, prospective students assume graduate school isn’t for them because of some persistent myths and skepticism about higher education. However, higher education institutions can dispel these graduate school myths by communicating their value to prospects clearly and effectively.

Here are three common myths that grad schools should address with their marketing content to put prospects’ minds at ease.

1. Grad schools aren’t worth the investment

One of the biggest misconceptions about grad schools (and higher education in general) nowadays is that it isn’t worth the investment.

On the contrary, obtaining a Master’s Degree translates into $3.2 million in lifetime earnings compared to $2.8 million in lifetime earnings for a Bachelor’s Degree holder. MBA graduates from the top 50 business schools in the United States, more specifically, will see a staggering $5.7 million in lifetime earnings.

Clearly, obtaining a graduate-level degree is worth the investment. To counter the myth that grad schools aren’t worth students’ time and money, higher education institutions should focus their marketing messaging and content around the value that an advanced degree brings to help prospects see that their hard work and financial investment in grad school is worth it.

2. Grad school is unaffordable

While it’s true that graduate school isn’t cheap, many financial aid resources exist to help students pay for the cost.

Loans, grants, scholarships, and academic fellowships are readily available to help students lower their tuition and overall grad school costs. In some cases, grad programs at certain institutions are fully funded, meaning that students graduate essentially debt-free. Plus, it’s important to remember that graduate degree recipients enjoy higher lifetime earnings compared to those without them, meaning that even though their initial upfront investment may be higher, the long-term financial payoff is worth it.

For graduate schools like yours, it’s important to communicate these financial resources in your marketing materials as a way to entice prospective students and convey that, even though the upfront costs may seem intimidating, financial help is available in many forms.

3. A full-time job makes it impossible to attend graduate school

Finally, another graduate school myth worth dispelling is that having a full-time job makes it virtually impossible to attend school at the same time.

This myth lies in the common misconception that graduate school is the same as college when it comes to time investment. However, the truth is that the vast majority of graduate schools tailor their programs with working professionals already in mind. That means that classes are more sporadic, often meeting just once or twice a week, and typically in the evening hours or on weekends to accommodate working professionals. In addition, many grad schools have increasingly adopted hybrid and remote options in the wake of the COVID-19 pandemic, offering even more flexibility for grad school students.

To boost enrollment, it’s important for grad schools to bust this myth in particular. Marketing content in the form of blog posts, landing pages, social media posts, email communications, infographics, videos, and more are all ways to convey the flexibility and student-friendly options that current grad school programs offer.

Convey value to prospects to debunk graduate school myths

While it’s no secret that higher education, including grad schools, has faced strong headwinds due to factors like rising costs and alternative career options for prospects, their future is still bright. By working to dispel these common graduate school myths, schools can position their marketing campaigns for success and stand a better chance of converting prospects into students.

Looking to boost your conversions and optimize your marketing efforts? Contact GPRS today to find out how we can help.

Month: April 2024

Insights from the Higher Ed Experts