Laid off but waiting for B-School Decision
Hi Everyone,
So I recently submitted my application to business school and had the interview last week. The issue is, I also was recently laid off from my job. I have not yet informed the business school because the details of my position, and my future employment with the company were only recently determined. I decided to accept the severance package. My company might consider re-hiring me as a consultant on a short term basis, if I am admitted. Furthermore, I have arranged for a pre-MBA internship with another company. Should I tell the school? If so how will this look on my application? I have made it past the interview stage. To be honest the pre-MBA internship role is more in-line with my long term career objectives and therefore it can only help my career prospects in my chosen field. How should I handle this?
Thanks for any advice!





Is this for a Fall 2012 or
Is this for a Fall 2012 or 2013 start?
If you are a year out from starting, I would definitely go with the internship.
Not sure about the B-school application process. You might want to look on their website for applicants and see if they delineate a policy for updating changes to resumes or employment status.
Thanks for your note. Yes I
Thanks for your note. Yes I would have time to go with the internship since the program would not start until 2013. However trying to investigate how to explain this to the admissions office if I am admitted and once the background check process would begin...Not much on the website about how to handle such a situation. My application was truthful however there are recent changes to my employment status. Tried to work my company on extending the position, however they only seemed keen to offer me a consulting gig once the school accepts me. It is an easy explanation but don't want to run into snags later on. Thanks again.
goedl486: Hi Everyone, So I
Hi Everyone,
So I recently submitted my application to business school and had the interview last week. The issue is, I also was recently laid off from my job. I have not yet informed the business school because the details of my position, and my future employment with the company were only recently determined. I decided to accept the severance package. My company might consider re-hiring me as a consultant on a short term basis, if I am admitted. Furthermore, I have arranged for a pre-MBA internship with another company. Should I tell the school? If so how will this look on my application? I have made it past the interview stage. To be honest the pre-MBA internship role is more in-line with my long term career objectives and therefore it can only help my career prospects in my chosen field. How should I handle this?
Thanks for any advice!
Here's the deal: there's absolutely nothing wrong with being laid off. It just happened, and it is a material event, so you need to tell them.
And guess what! You get to give them some information about how you are taking control of the situation by finding a pre-MBA internship. You are actually ahead of the game, and it gives you a chance to show that you are able to deal with a world that is constantly changing.
Nothing to worry about, but a chance to get in front of them again in a positive way.
Let us know how you get on, and come visit my WSO thread http://www.wallstreetoasis.com/forums/b-school-qa-...
Best to you, Betsy
Betsy Massar
Check out my B-School Q&A Forum on WSO
Good posts get silver bananas!
Founder of MasterAdmissions.com
I agree, if you tell them
I agree, if you tell them that story you just gave up top, then you aught to be good to go. Considering they would hire you back on a consulting basis is good evidence that you were laid off and not fired.
Thanks for the feedback. So
Thanks for the feedback. So I have already informed the school that I have pre-MBA internships lined up which are in my industry of choice. The question is do I send them a second follow up to my application with the details about the lay-off? While it is material, there is in fact nothing in my application which is untruthful, and I have seen a number of posts which suggest that notifying the school may not be in my best interest at this point. I can explain it afterwards. Additional thoughts? Thanks again!
Tactical q: what is the
Tactical q: what is the timeline of application, interview, notification date, your communication with the admissions office to update on MBA internship?
If you lay it out here, can better advise. Originally I was thinking, tell them, but now I am thinking it depends a bit on the timeline
Betsy Massar
Check out my B-School Q&A Forum on WSO
Good posts get silver bananas!
Founder of MasterAdmissions.com
So I found out yesterday that
So I found out yesterday that I was admitted so I guess I have to take it from here. Assuming all goes well and I enroll, the program starts in January and goes straight through for 18 months, so I will not have an internship. However I think I will be able to recruit during full time for IB roles, although it could be a bit challenging. Thanks again for your help.
goedl486: So I found out
So I found out yesterday that I was admitted so I guess I have to take it from here. Assuming all goes well and I enroll, the program starts in January and goes straight through for 18 months, so I will not have an internship. However I think I will be able to recruit during full time for IB roles, although it could be a bit challenging. Thanks again for your help.
Congratulations! What program? You WILL tell them, right? They won't rescind, but they could be weird if you hold back.
Betsy Massar
Check out my B-School Q&A Forum on WSO
Good posts get silver bananas!
Founder of MasterAdmissions.com