Teach in Korea = Good Work Experience for Top Tier MBA/job with BB?
Hi, everyone
I was wondering if enrolling in a teaching abroad program would be deemed as strong work experience as to applying to one of the top-tier MBA programs or even to applying for a job with BB. Despite that it might be irrelevant to the finance industry, I was thinking that experience is 1) less dangerous than joining the army 2) can widen your scope of life which might be something BB and MM firms will ultimately value very much in.
appreciate for any given insights below
btw, the minimum is to stay in Korea to teach for 1 year. I'm not sure if it's worth to do if it's just for the sake of getting into ibanking. But they do pay decent for 35-45k USD with private housing benefits and other benefits provided
no and no
teaching abroad in Asia is the last thing you wanna do if you want to do IB
okay...so why do they stereotype against working abroad but favor people who do studies abroad/serving in miltary?
Studying abroad while in school shows you have interests outside of pure academics.
Serving in the military shows you have balls, character and a desire to serve your country.
Teaching abroad after graduating shows you could not find something better in the U.S.
For the very reason you stated in your first point - it's less dangerous. Anyone can teach abroad, it's nothing challenging and most people do it when they've got nothing better to do.
The last thing you want to do? One MD from JPMorgan did teaching in Japan before b-school and majored in English... If someone gets into a top b-school, many of these WE issues are forgiven/forgotten to an extent.
It's biased if you just take one person's background, and god knows what he has done before he taught in Japan. Maybe he did some interesting stuff while in Japan,too.
Anyways, as a post above stated, teaching in Asia, unless you are really really interested in doing that, is for people who cannot find a decent job in the US.
okay, fine, I'm getting all NO's
so please, someone direct me to the right thread of the "ideal" careers that top-tier MBA schools desire. I just graduated with my bachelor in finance and I can't even land on a full-time offer in the industry. I mean, if I cant have a solid work experience background, how am I still be able to get into a top tier school even with 3.5 GPA from a non-target school and 750 on the GMAT?
only reason I brought teaching opportunity up 'cause: 1) best thing I could find through my school's connection (great pay (i have student loans to pay off), tax benefits) 2) global exposure to another industry, which is a special experience to talk about in order to impress recruiters at both top-tier schools/BB firms 3) I don't want to leave my resume blank after my bachelor (of course, I could put down something like "working as a financial advisor" for work experience after bachelor, but 1) "financial advisor" doesnt pay well 2) "financial advisor" is really a sh1tty work experience on the MBA app)
what kind of non-target are we talking bout here?
I disagree with you guys. How many people out there followed the "good steps" to get into an I-Bank, deleted their "random shit I want to do before I become an adult with serious responsibilities" list and never made it to Wall St? Don't become so obsessed with getting into this industry to the point where you aren't willing to experience life. Money and Wall Street aren't everything. The beauty of being young is that besides Aunt Sallie Mae and a couple laughable credit card bills, you don't have any real responsibilities yet (family/tuition/mortgage). Teaching English in Korea isn't going to make or brake your resume. I saw, go do it for a year, learn the language and come back. If some bank sees learning a new culture/language as a dealbreaker then apply to the next one. I wanted to volunteer at the Orangutan camp in Indonesia after graduation and I am totally kicking myself for listening to those who wanted me to be more concerned with my "Banker image". Screw image, you only live once. Whatever's meant to be will be.
Yes, good catch on the attitude part and I apologize about that. I do get very frustrated over this issue today after going through a very hectic and seemingly-dead-end interview. I let my emotions slipped by =/ Again, I apologize and did not mean to vent it to anyone on the board
I'm not sure about the policies about disclosing an accurate identity on the public forum, but I can definitely give you a hint that I'm from a state school in the Southeastern region so think Georgia, North Carolina, Alabama, Florida, etc...
I appreciate your honesty and insight. Let's suppose, forget about jumping right into IBD in the first hand, and talk about getting into an top-tier MBA program because at this moment I'm not really counting on whatever I might be doing post-bachelor to make myself a qualified candidate but instead I'm hoping to emphasize more where I'll be attending for MBA, academic performance shown during the MBA program, as well as other activities and accomplishments I'm planning to make myself as a more of distinguished person during my studies in MBA. For example, volunteering at and getting involved with the Toigo Foundation organization. So do you think if with a strong brand name on my MBA school and the dedication and efforts I'll be putting in by then will outweigh and make up for the lack of a business professional as opposed to teaching in Korea?
Definitely - go and pursue something you really want, e.g. NGO work and put your 150% into it. Get actively involved or start your own social entreprise, something that shows you take the intiative and not reactive.
policies about disclosing an accurate identity... what are you talking about?
anyways, it clearly isn't UNC since it isn't a non-target.
^^^^ Have you spoken to anyone who has done those teaching jobs? I've spoken to two old classmates, one did it in rural Japan, one in Korea and both loved it once they got past the culture shock. You get like 2k a month with room and board paid for. One the weekends you travel around Asia. And you come back with the same business degree, speaking an asian language which is a +++++++. I'm sure some people hated it but are to proud to admit it :)
Kids in the states are forced to go to school also.....it's the law. Yes children are forced to learn english as it is part of the curriculum. That's like saying some wealthy American is forcing his kid to learn Math in school. How dare he? lol. In every country besides the US, kids learn a second language starting around 5th grade through full immersion, hence the need for ESL teachers around the world. (Spain, France and Russia recruit english speaking college grads as well). Have you ever spoken to an employee in one of your european offices and noticed that their english is perfect? Well, those ESL teachers since 5th grade are to thank for that
I agree with finding something enjoyable and not worrying about getting in to a school or a bank. That's the whole point I was making. Don't let the decreasing possibility of getting a job on the street stop you from enjoying life. The entry level job market is much leaner these days so even if you are talented, you just might not make the cut.
Haha, I am Korean and I used to have teachers from top-notch schools back in the days. If you are business savvy, you can argue for better salaries too because parents pay so much more than you are getting. It's important to show the result that you helped students to get higher SAT and stuff. I still remember one of my teacher who went to Williams, came to Korea for fun and loved it and so he's staying there and has Korean girlfriend. He got so popular among parents that he found a job at the Daewon Foreign Language High School, it's like Etons of Korea. =D If you could go for 6 months and see if you like it, I'd say that's less risky. But I think it could give you a lot of perspectives, like how Asians put in so much money/effort to learn English and get higher score for SAT, etc. You also get to travel.. and Seoul is a great city to live! It's pretty dynamic and exciting. People say that finance in Seoul is dead but my cousin is making a lot of money working shitless hours at Nomura. You have plenty of opportunity! Just worry about Visa and stuff.. and Koreans will love any guy with blonde/brunette hair with non-black eye color :) Oh, and I also think what matters is how you bs your experience.. how you justify it. If you learned sth there, you will definitely have sth to say at the interview. Better to go there than not to do anything after, or to do sth that doesn't distinguish your resume from others. It definitely is up to you how you justify it! I think there's plenty of room here.
My friend Peter Chung says great things about Korea!
(http://www.snopes.com/risque/tattled/chung.asp)
@slim_ibd_shady Keep in mind that this is a forum full of anonymous users and people are going to pretend to be whomever they want. Most people I know, who graduated from "target" schools with honors, would never be arrogant enough to ridicule someone for going to the school of their choice or the school that they can afford. I don't think people have fully accepted our economic climate. There are Booth and Stern alums collectiong the same unemployment check as "non-targets". Kind of silly to be so caught up with designer label schools when they cost double of what "non-targets" cost but only offer marginal difference in job stability.
If I had the guess, I'd say that these types of positions aren't looked that highly by adcoms. Not to say they are negative just not the golden ticket. Its not like your doing the Peace Corps, where you are living without pay for two years, isolated and alone in a rural community, with a business focused program specialization. Where then you apply to bschool with essays about how you want to use your grassroots development background to do x,y,z. Instead you are making a plush wage, teaching english and traveling around. There isn't really a personal sacrifice. Plus your essays would probably be harder to make a clear story. You want to teach english for pay (there are plenty of volunteer organizations) and now you want to go to bschool, just harder to connect those dots.
Basically, you should be making you decision about what you want to do in life. If you are passionate about living in Korea and teaching english, regardless of any external benefits you may or may not receive, you should do so. If you are more so doing it because its a chill way to pass the time because you got nothing else going on maybe it will help me get into bschool, then its probably a very bad idea.
When you do things in life you are passionate about, it usually leads to success and happiness and chips will eventually fall into place.
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