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Senior Manager
Joined: 01 Feb 2007
Posts: 465
Location: Silicon Valley via Russia, China, Canada and Wharton/Lauder
Schools: Wharton/Lauder (Mandarin Chinese)
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How realistic is asking for sponsorship? [#permalink]
 19 Apr 2008, 22:15
I had this debate with an HBS admit earlier today, and I would like to know what everybody thinks about this. Say, you got in at HBS, and you're looking for some cash to help you through the two years of grad school. How realistic is it to walk into, say, Deloitte's NY office and ask for sponsorship? Will McKinsey be thrilled to bankroll your grad school experience at Harvard?
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GMAT Club Legend
Joined: 10 Apr 2007
Posts: 4319
Location: Back in Chicago, IL
Schools: Kellogg Alum: Class of 2010
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Re: How realistic is asking for sponsorship? [#permalink]
20 Apr 2008, 07:16
I am no expert on this but unless you already work for them I would imagine it would be an uphill battle. However, if you are in a specialized field you may be able to work it or if you apply for a specific program for a company (where there will be competition), you have a chance. Just because you are going to be going to a top school doesnt mean companies will throw themselves at your feet, they may act that way but per. You may think they will but they still interview people for internships and jobs. If you get an internship from one of those companies, then you might get your second year paid for if you accept a full time offer.
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Kellogg Class of 2010...still active and willing to help. However, I do not do profile reviews, don't offer predictions on chances and am far to busy to review essays, so save the energy of writing me a PM seeking help for these. If I don't respond to a PM that is not one of the previously mentioned trash can destined messages, please don't take it personally I get so many messages I have a hard to responding to most. The more interesting, compelling, or humorous you message the more likely I am to respond.
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Senior Manager
Joined: 19 Nov 2006
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Location: Washington, DC
Schools: Ross 2010
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Re: How realistic is asking for sponsorship? [#permalink]
20 Apr 2008, 15:48
As someone who works at a consulting firm it is not realistic at all. Just because you go to Harvard doesn't mean firms are going to fall all over you (even if it seems that they are). It's still a selective interview process. For my firm you have to have come in directly out of college and you have to apply and be selected for sponsorship. I have, however, heard of banks offering fellowships that you apply to prior to your first year and then you intern with them and owe them 2 years (I think). Most of these programs are limited to underrepresented minorities though. Like River said many consulting firms will sponsor your second year if you intern with them and then sign for full-time.
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Director
Joined: 26 Jul 2007
Posts: 541
Schools: Stern, McCombs, Marshall, Wharton
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Re: How realistic is asking for sponsorship? [#permalink]
22 Apr 2008, 12:17
I would think any chance of getting a sponsorhip would be through something like this: http://launchingleaders.jpmorgan.com/02.0.ashxOutside of a program similar to that I would think you would have to have already worked for the company. Why would they sign you up now when they can wait for the summer and test drive you for a couple of months.
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Re: How realistic is asking for sponsorship?
[#permalink]
22 Apr 2008, 12:17
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