layoff after years of prep: chances

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layoff after years of prep: chances

by jmkahn » Tue Dec 29, 2009 12:54 pm
Hi,
I am a 30+ engineer male w extensive experience in high tech. I was all set to apply to top b schools this year, but laid off a few months ago. I got a few offers quickly (incl a wall street tech position but turned down) but nothing in my expertise. I finally joined a position at a privately owned small company outside of core high-tech industry but where they required a sw engineer in a two people engineering team. I am not proud of this position, it goes against all the quality work that I had experience in, but I do not have any other option, even though I am still looking.

Since all the groundwork that I laid for years w a plan of attack for ad essays has lost its foundation due to layoff, everything for admission need to be rethought. How could someone present my situation to ad coms in positive light? Do I even need to mention layoff anywhere and does layoff change the admission process/essays/application for me?

My profile:
India origin male, 31y
BS/MS from top 10 schools in CS.
Highly versatile 7 yrs technology comp sci related experience
Lay off from last position this year, currently not working to concentrate on career change.
730 gmat (40v, 49q)
medium gpa
great recs.
medium extra curricular during undergrad
app to (columbia, hbs, wharton, tuck, yale,...)
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by Lisa Anderson » Wed Dec 30, 2009 6:24 pm
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
Lisa Anderson
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