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short and long term goal question

Free advice from the world's top MBA consultants
Expert replies
by vpg0405 » Tue Jul 28, 2009 2:32 pm
I have begun the application process to some of my schools and I have come across a few questions for fall 2010.

Is it negative to state a goal to want to work in a position in an industry that might effectivly be closed? I have a short term goal to work in Real Estate IB with the intention to work a PE Opportunity fund down the road. A long term goal would be to start my own fund at some point.
Another goal is to work with a property developer. I believe a general management degree with an elective concentration in RE will help me solidify my skills and develop new ones in order to achieve this.

I have contacted some current MBAs at UVA that are in the Real Estate club. Many have mentioned that finding a job in the Real Estate industry is tough right now, some are even doing things completely outside of what they wanted (one was working in Energy). UVA, along with the rest of the world obviously knows that this finding a job in Real Estate will be difficult.

My question is, should I state another reason to get an MBA based on my finding and the current environment. It is obvious that a school wants to know that you can get hired after your 2 year degree. If I pick a defunct short and long term goal, will this hurt my chances? The same question can be asked of a broader group to perspective students wanting to work in different IB groups.
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