Hi, George, and thanks for the good question. I'm sorry to have taken so long to respond, too: I've been on the road and managing a business project back in DC at the same time.

To answer your question, I don't think that business schools are going to take a deep and penetrating look at the likelihood that your company is going to remain a going concern. If you are obviously with a fly-by-night boiler room operation then that will get a skeptical eye but, generally, you'll get the benefit of the doubt.

Now, having said that, I think a bigger concern is whether it will be good option for you. Most part-time programs are actually FEMBA (fully-employed MBA) programs and that usually means that your company is picking up part of the tab. So...you will really need to do your homework and find out how much you will be paying if you matriculate at a part-time program without a company sponsor or lose your company sponsor while you're still in the program.

Along those lines, check out whether a company about to go into receivership is likely to have the funds to sponsor you.

Hey Paxton,

Thanks for replying. I will keep you in the loop. My goal is to use Kaplan's admission consulting after I take my GMAT in November. I recently just submitted a bunch of questions on the Kaplan website, different than the one I posted here.

I look forward to working with you or someone else on the Kaplan team this December.

Cheers,
George

Sounds good. Another thought that occurred to me: you may be able go part-time at a state school that is cheap enough not to require you to have a company sponsor.

For instance, I know some folks that have MBA's / other business master's degrees in real estate from Georgia State in Atlanta. Credit hours at GSU are very reasonable and something similar may be a good option for you.

Be sure to specify me as your consultant when you buy your Kaplan hours.

Paxton