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How important last drawn salary is?

Launched September 22, 2008
Expert replies
by nitinmjh » Wed Dec 22, 2010 10:52 pm
Hi

I am an engineer from India and aspiring to do a 12-16 months MBA from a decent, if not top, b-school. I have a GMAT score of 640 and total experience of around 6.5 years, of which last three are as a proprietor of a small trading firm which I started in 2007. However things have not turned out well and am hardly able to recover costs.

This is where my confusion arises. Since I am not earning anything, will it cause some problem in securing me a job post MBA? After spending $40-45K, I would like to get a suitable job to recover my costs. Thus I am wondering how important the last drawn salary is perceived to be. If indeed it will bother me, what would you suggest me to do?

Thanks

NMJ
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Source: — Ask Clear Admit |

by Stacey Oyler » Thu Dec 30, 2010 2:33 pm
Hi,

Thanks for your post. Your current salary or lack there of is not an issue during the application process nor in the post MBA job market. Your ability to earn money after getting your MBA is not at all dependent on your income prior to receiving your MBA as there isn't a direct correlation between the two. Does this answer your question?

Regards,

Stacey
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Stacey Oyler
Clear Admit, LLC
[email protected]
215.568.2590

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by nitinmjh » Fri Dec 31, 2010 7:36 am
Thanks for your input Stacey.
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by Stacey Oyler » Fri Dec 31, 2010 3:31 pm
You're welcome! Happy New Year!

Stacey
Sign up for my MBA admissions course, featuring me and other Clear Admit experts, by visiting: https://www.udemy.com/business-school

Stacey Oyler
Clear Admit, LLC
[email protected]
215.568.2590

Stay Informed with Clear Admit!
Read our Blog for daily MBA admissions tips and updates.
Follow us on Twitter for breaking b-school news.
Download our Publications on MBA programs and admissions strategy.
Visit our MBA Admissions Wiki to read and share application insights.
Join the discussion