Laid-off yesterday. Will this be a negative mark on my apps?

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jkorzen: Newbie | Next Rank: 10 Posts; Posts: 2; Joined: Mon Feb 02, 2009 7:54 am

by jkorzen » Fri Oct 26, 2012 3:02 pm

Hi. I was wondering if anyone could give me some advice. I am currently studying the GMAT and working on my apps to apply to bschool in 2nd round and was laid-off yesterday. Was wondering if anyone else knows anyone that this has happened to and if it negatively impacted their apps overall candidacy.

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Source: Beat The GMAT — The Application Process | Fri Oct 26, 2012 3:02 pm

Marc@AcceptU: Master | Next Rank: 500 Posts; Posts: 332; Joined: Thu Aug 23, 2012 3:13 pmFollowed by: 41 members; Location: Boston; Thanked: 43 times

by Marc@AcceptU » Fri Oct 26, 2012 3:45 pm

It won't negatively impact your application but it is something that you'll want to disclose and/or explain further.

Marc Zawel
Founder, AcceptU
Admissions counseling from former MBA admissions officers.

Learn more about AcceptU or sign up for a complimentary
MBA admissions assessment

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jkorzen: Newbie | Next Rank: 10 Posts; Posts: 2; Joined: Mon Feb 02, 2009 7:54 am

by jkorzen » Sun Oct 28, 2012 5:50 pm

Thanks for the reply Marc. I worked in the mergers & acquisitions group of a Fortune 500 civil engineering consulting firm and they downsized the group due to budgetary constraints. How much more detail or explanation will I need to put on my apps?

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myEssayReview: Master | Next Rank: 500 Posts; Posts: 341; Joined: Wed Jan 11, 2012 10:55 amFollowed by: 10 members; Location: Phoenix, Arizona; Thanked: 63 times

by myEssayReview » Sun Oct 28, 2012 7:43 pm

You may want to use your optional essay to explain this situation. Also, put in your best effort to get an excellent GMAT score and put together a strong application package.
Good luck with your application.

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