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GMATLiveTeach Starts Oct 17
Chris Peckover, Target Test Prep GMAT expert
LIVE ONLINE CLASSES

Get Ready for GMAT Test Day Faster with Live Online Classes

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Oct 17 · Chris Peckover
Sat · 11:00 AM to 2:00 PM ET
Oct 20 · Chris Peckover
Tue, Thu · 8:00 to 10:00 PM ET
Oct 25 · Josh Braslow
Sun · 1:00 to 4:00 PM ET
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40 hours of live online classes + 6 months of TTP OnDemand
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  • Every class is recorded, so you never fall behind
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Target Test Prep EA OnDemand

Self-paced EA prep. Study on your schedule.

Logan Thompson
EXECUTIVE ASSESSMENT

Sep 6 to Dec 6, 2026

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165+ EA score guarantee
$05-day trial no automatic billing
Schedule
Sun · 9:30 AM to 12:30 PM ET
Included
40 hours of live online classes plus six months of access to the complete TTP EA OnDemand course.
  • 165+ EA Score Guarantee
  • 4,100+ Quant, Verbal, and Integrated Reasoning practice questions
  • 400+ hours of in-depth video lessons
  • 3,000+ step-by-step video solutions
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Target Test Prep GMAT OnDemand

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715+ score guarantee
$0to start then $127/mo
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Laid off

Launched April 26, 2006
Expert replies
by mp111684 » Sun Mar 29, 2009 4:08 pm
I worked for a major financial services company for a little bit over 15 months; I recently found out I was laid off. I was planning to apply to MBA programs this fall. My undergraduate degree is from Northwestern; my top choice program is Kellogg. I was wondering how a layoff affects both your admission chances and how it exactly is perceived on an application.
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Source: — Ask Stacy Blackman |

by Lisa Anderson » Sun Mar 29, 2009 5:46 pm
Dear mp111684,

Being laid off is not a negative in the application process. Admissions committees understand what is happening in the markets. What will matter is what you do after being laid off. If you have a plan and secure employment, then you should be fine. If you don't have much of a plan and have nothing to put on your resume between now and fall 2010, then that will be a concern. Basically, they will want to see that you are doing something and continuing to develop as a professional. You don't have to necessarily do the same type of work; you can use this opportunity to do a 1 year internship or international program. Think about your future career goals and what experience might be beneficial towards those ends that you can do for the 16-18 months.

Good luck,
Lisa
Lisa Anderson
Consultant
Stacy Blackman Consulting

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