My question is regarding how laid off applicants are viewed.
I joined a financial analyst rotational program at a multinational firm after graduation in 2007. After completion of the program in July 2009, I joined a corporate strategy team working on various high-level internal consulting projects. During this period, I realized that I was ready to pursue an MBA and I planned to apply to bschools in fall 2010.
Unfortunately, due to a big firm restructuring, half my team has been laid off and I have been unemployed since late March 2010. Currently, I am actively seeking a new job.
If I do not find a job by the time I apply, or if I find a job that does not seem to fit in with my career progression (e.g. pay cut, different industry, less "glamorous" position, etc.), would this be viewed negatively by admissions committees?
Also, how do you suggest I write about this in my essays? Appreciate any constructive feedback from anyone in this forum.
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