warrak2000 wrote:
Thank you highhopes I got some information here... So if job placement is not guaranteed then why international students struggle to get a bank loan and pay 100k for tuition fees? isn't better for them to study somewhere else where finding jobs is more guaranteed? unless if you tell me that my business school will be supporting me outside US...
I'm just trying to understand why a person would invest around 200k between tuition fees and living expenses during this financial crisis while many senior members in this club -and many other clubs- have clearly mentioned that job placement for international students is not a piece of cake !!!
OK
- loans only became problematic in 2008. This is a temporary issue I would expect.
- The visa problem will also become easier - the big reduction in jobs for internationals was around 2007
The reason you do it is because the schools in the US are better and have a much more established course and access to jobs. They have European recruiting, where getting a work permit is easier. Maybe people want to spend two years in the US?
Sure, nothing is certain. it would be ridiculous if spending 200k on business school guaranteed you a job in the US. People are prepared to face that challenge. The reference of the 'in this financial crisis' is looking at an MBA in very much the wrong perspective. That is like saying it was the smartest thing ever to go and start an MBA in 2000 or 2007. It certainly wasn't, but you learn to get by.