The personal statement should answer the following questions:
One of the ways to test that your statement of purpose contains the minimum requisite elements is to ask yourself: Does it answer all of the following questions (directly below)? And, does it do so with a solid level of articulation, depth, and quality?

x x x x x

How will the program help you to achieve your educational goals?

How will the program help you to achieve your career goals?

How will the programs curriculum help to achieve these goals?

How will the program help you in your goals to contribute to the community? What do you hope to gain from the MBA program?