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1) Know yourself
The key to preparing is preparing yourself. The first step is knowing yourself. The fundamental question which explicitly will give you a kickstart is, tell me about yourself. The answer to this question should not be a routine answer which you grappled and dumped it over there. It should be a story, story of your life, what makes you unique and what makes you as a person deserving to be chosen amongst others.
2) Know your purpose
The next question which you have to answer is, why do you want to do an MBA. For every answer, you have to think about just one thing, it should be different because what everyone is doing is not going to make you stand out.
3) Mock PIs
Train your mind, give Mock PIs, have diversified learnings and then, learn from the feedback. Giving Mock PIs has two broad advantages; first, it helps you identify your mistakes and the other, it boosts your confidence.
What will make you stand out?
One thing which will make you different is your attitude and confidence. The key to winning any game is being confident, having good communication skills, which means expressing yourself freely and staying calm. Remember, all they are looking for is future managers, and when managers are in stress, they don't panic, they stay calm. And that is all that is expected of you.