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So you've decided to go to graduate school and obtain your master's in business administration -- your MBA. Simple, right? Not necessarily, especially if you are applying to one of the premier MBA programs, where applications can outnumber accepted students by a 50 to 1 ratio. This article will help you through the most important steps in completing your MBA applications. Your first step is identifying the best MBA programs to fit your needs in terms of program type, faculty, placement, cost, location, etc.