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New job or potential promotion, which is better? help!

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Intern
Intern
avatar
Affiliations: CFA Society of San Francisco (Affiliate Member), American Society for Quality (Enterprise Member)
Joined: 10 Mar 2011
Posts: 23
Location: United States (CA)
Concentration: Finance
GMAT 1: 630 Q39 V38
GMAT 2: 650 Q39 V40
WE: Supply Chain Management (Aerospace and Defense)
Followers: 0

Kudos [?]: 6 [0], given: 0

New job or potential promotion, which is better? help! [#permalink] New post 24 Jan 2012, 13:02
Due to corporate wide cutbacks, I was laid off from Lockheed Martin in December. I was pursuing a position within my company that would be a promotion, though the hiring manager had to push back the hiring date. Now I have an interview for next week, and I have been told I am one of two candidates :).

I know a promotion always looks good on a resume when applying to business school. However, I believe my resume is solid/sufficient, and my weakness is my GMAT score/UG GPA.

That said I just got an offer from a company (Verify Inc., http://www.vscnet.com/) that would be a similar function, potentially make the same if not more money, and is 15 miles from home, as opposed to a 1+hr drive (70 mi) for Lockheed. Verify works with Lockheed, and many competitors. The company is small, but does outsource work for major aerospace and some fortune 500 companies in their supplier management, and some engineering services.

I could start ASAP on the offer, or wait to see if my old company offers me the promotion. Add to that that I have a severance that I would return any "unused" portion if I return to Lockheed, though I could bank it if I took the new position.

I am a little worried on the lack of brand in the new company, only in that they are small. There is upside in that I could likely do paid overtime. The could be different every week it seems, depending on a project they get or resource need they are trying to fill. I do get the feeling there is greater leadership/project management potential, and a chance to go after work that is of my interest/skill set.

One last caveat is that I could be moving in 6 to 9 months, and the new company might have more geographic placement potential/flexibility. with Lockheed Martin, I'd have to stay 1 year before a transfer could be possible.

Advice?
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Intern
Intern
avatar
Affiliations: CFA Society of San Francisco (Affiliate Member), American Society for Quality (Enterprise Member)
Joined: 10 Mar 2011
Posts: 23
Location: United States (CA)
Concentration: Finance
GMAT 1: 630 Q39 V38
GMAT 2: 650 Q39 V40
WE: Supply Chain Management (Aerospace and Defense)
Followers: 0

Kudos [?]: 6 [0], given: 0

Re: New job or potential promotion, which is better? help! [#permalink] New post 24 Jan 2012, 15:21
Any thoughts would be very helpful! Please post a reply.
Manager
Manager
User avatar
Joined: 27 Jul 2011
Posts: 192
Location: United States (CA)
GMAT 1: 730 Q44 V46
GMAT 2: 760 Q50 V44
GPA: 3.49
Followers: 3

Kudos [?]: 50 [0], given: 85

GMAT ToolKit User
Re: New job or potential promotion, which is better? help! [#permalink] New post 24 Jan 2012, 15:28
Lots of variables at play here. From at adcom perspective, I'd defer to suggestions from admissions consultants.

I think, however, you should look at this from the non-business school angle, too. Assuming you don't get into any schools, which job would you rather have? Which shows the most career progression?

Try to get Lockheed to "match"/beat your offer. If you can get the promotion in writing and the details of the new role, you can have a better basis for comparison.
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Glad I Retook: 730 (Q44 V46) to 760 (Q50 V44)

Re: New job or potential promotion, which is better? help!   [#permalink] 24 Jan 2012, 15:28
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New job or potential promotion, which is better? help!

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