How important last drawn salary is?

[nitinmjh]

Hi

I am an engineer from India and aspiring to do a 12-16 months MBA from a decent, if not top, b-school. I have a GMAT score of 640 and total experience of around 6.5 years, of which last three are as a proprietor of a small trading firm which I started in 2007. However things have not turned out well and am hardly able to recover costs.

This is where my confusion arises. Since I am not earning anything, will it cause some problem in securing me a job post MBA? After spending $40-45K, I would like to get a suitable job to recover my costs. Thus I am wondering how important the last drawn salary is perceived to be. If indeed it will bother me, what would you suggest me to do?

Thanks

NMJ

[Stacey Oyler]

Hi,

Thanks for your post. Your current salary or lack there of is not an issue during the application process nor in the post MBA job market. Your ability to earn money after getting your MBA is not at all dependent on your income prior to receiving your MBA as there isn't a direct correlation between the two. Does this answer your question?

Regards,

Stacey

[nitinmjh]

Thanks for your input Stacey.

[Stacey Oyler]

You're welcome! Happy New Year!

Stacey