layoff after years of prep: chances

Dear jmkahn,

There is no reason you should rethink your plans. Layoffs happen and business schools see their share of applicants in similar situations during economic downturns like the one we are in. It is all in how you present your situation in your application and on your resume. Since it appears you are not happy with your current job, there is no reason to not apply to business school this year unless you had to use your savings to cover living expenses. In your applications, you will note that you left your high tech position due to layoff. You will show your current job, presenting your accomplishments and contributions there as best you can. While it might not be what you would have picked or adding much in dimension to your experience, make the most of the time you are there so you do have some contributions/accomplishments/results you can note. Perhaps it is an opportunity for you to develop some other skills like teamwork, negotiation, initiative or interpersonal skills? Maximize the job for what it is and take advantage of a chance to add to your toolbox, especially any managerial skills.

So, everything does not need to be rethought or your strategy necessarily changed. You just have a new job, your current job, to include in your applications. Remember, you don't want to be negative about it--search for the positives in that job and present those aspects of it.

Good luck,
Lisa