MBA - Applying while unemployed

Hi all,

I am a second year IB analyst working in a LatAm office for that Swiss BB that got acquired...

Given the news, it is probable that I will be out of a job in a few months. The context for recruiting for other banks is not the best right now in my country. I will probably have to transition to a corp dev (or local small boutique bank) role before applying to MBA this coming cycle

My concern is what happens if I am unemployed during application process / interviews. Would this hurt my chances significantly? I can always say that the reason I got fired had nothing to do with my performance and that I am currently recruiting for other roles but I don't know how this will be perceived by an admissions officer

My other concern is how good are my chances for H/S/W (or M7 in general). Would like to know how I stand. A brief background:

-Latino male, 25 yr old

-Went to college in my home country, 3.74 GPA (converted to US standard, raw number is 9.21 / 10)

-Currently 3.5yrs work experience, 4 yrs by the time of application and 5 yrs by the time the program starts

- Worked 2yrs as an analyst for this BB in the LatAm office (participated in a couple of big deals in the region), 1-yr in a $700m AuM local PE shop before that

-EC's: 3 years experience in a mentorship program for high school students for an international organization

-750 GMAT (took the exam in March 2021, would this hurt my chances at all?)

Appreciate any responses

Thanks,

6 Comments
 

The CS blow up will not be held against you. You need to be able to speak about your individual performance and achievements in your role clearly. 

Well, you could always take a gig that you always had a crush on but never could really try out, would help to differentiate you against a host of other IB people. And given you are heading to MBA, you could always try for Top BB,EB later in US.

Take this as an opportunity to really differentiate yourself. Also stellar GMAT score, how many people really take the GMAT in your country and score 750? makes you a decent candidate just looking at the numbers. 

Good luck!

 

Dimonfan

The CS blow up will not be held against you. You need to be able to speak about your individual performance and achievements in your role clearly. 

Well, you could always take a gig that you always had a crush on but never could really try out, would help to differentiate you against a host of other IB people. And given you are heading to MBA, you could always try for Top BB,EB later in US.

Take this as an opportunity to really differentiate yourself. Also stellar GMAT score, how many people really take the GMAT in your country and score 750? makes you a decent candidate just looking at the numbers. 

Good luck!

Thanks for the feedback, really appreciate it

 

Nice GMAT score, well done.

"If you always put limits on everything you do, physical or anything else, it will spread into your work and into your life. There are no limits. There are only plateaus, and you must not stay there, you must go beyond them." - Bruce Lee
 

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