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Profile Evaluation

Free advice from the world's top MBA consultants
Expert replies
by GREspot » Thu Nov 24, 2011 10:19 am
Hello,

I was laid off earlier this summer after a series of steady professional advancements. I immediately started working 50 - 60 hour weeks as an independent contractor/consultant within my field. Thus, I didn't search for a new "job." Soon after, I was accepted into a selective fellowship program that took up most of my summer. Now I'm getting ready to submit applications, but I'm worried that my self-employed status will hurt my chances of success.

I am highly involved in extracurricular activities (probably my strongest point), I am about to start a great apprenticeship program in agile software development (I'm in the tech field), and I continue to work on contract-based side projects that generate an income and provide leadership experience. I'm also using this opportunity to embark on an entrepreneurial project that I've been wanting to pursue for awhile, but didn't have time to do while I was working full-time for someone else.

I'm definitely not the type of person who sits around idle when I lose my job, and I'm actually quite happy to be working for myself at the moment. However, I've heard that top MBA programs have a strong bias against self-employed individuals. Some people believe that self-employed is just a nicer word for unemployed.

Could someone tell me if I have a chance of getting into a top school? What's the best way to position my story? Should I be up-front about being laid off, or should I focus on how I chose a path of self-employment, entrepreneurship, engaging in a fellowship program and industry-specific training, etc?

Stats:
720 GMAT
3.67 GPA, magna cum laude, Economics, average state school

Target schools:
Kellogg
Sloan
Haas
Possibly Booth

Thank you!
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Source: — Ask an MBA Admissions Consultant |

by Jon@Admissionado » Fri Nov 25, 2011 12:20 am
Okay sir, to give you a REAL evaluation, we need more info. LOTS and lots of other things need to be taken into consideration - your academic performance, your major awards, your community service, your leadership, your extra curriculars, your entrepreneurial experience, the speed of your upward mobility at work, etc. etc. etc.

Or to make life easier you could just drop us a line, and fill out a form:
https://www.precisionessay.com/services/ ... sultation/

Anyhow, sorry to hear you got laid off, but do not despair! We have seen TONS of candidates who got laid off and have gotten accepted into business school (even one guy who was out of work for almost two years!). As for which strategy specifically to take, that's something that in cases of layoffs is best done on a case by case scenario. Basically, we gotta see what we can do.
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