Find all School-related info fast with the new School-Specific MBA Forum

It is currently 20 Oct 2014, 20:18

Close

GMAT Club Daily Prep

Thank you for using the timer - this advanced tool can estimate your performance and suggest more practice questions. We have subscribed you to Daily Prep Questions via email.

Customized
for You

we will pick new questions that match your level based on your Timer History

Track
Your Progress

every week, we’ll send you an estimated GMAT score based on your performance

Practice
Pays

we will pick new questions that match your level based on your Timer History

Not interested in getting valuable practice questions and articles delivered to your email? No problem, unsubscribe here.

Events & Promotions

Events & Promotions in June
Open Detailed Calendar

Submitted Application now Laid-Off

  Question banks Downloads My Bookmarks Reviews Important topics  
Author Message
TAGS:
Intern
Intern
avatar
Joined: 02 Dec 2011
Posts: 6
Followers: 0

Kudos [?]: 5 [0], given: 0

Submitted Application now Laid-Off [#permalink] New post 16 Jul 2012, 12:29
Hello Everyone,

So I am in an unusual circumstance. I recently applied to business school and had my interview a few weeks ago. However I was also recently laid off due to company restructuring. Although I tried to work with my company to extend my position through the end of the year, as I informed them that I may return to business school in less than a year, they were unable to offer me this opportunity. This decision was unrelated to performance, and was purely due to business demand issues. If I am admitted then they are looking at bringing me back as a consultant on a short term basis. I have also secured a pre-MBA internship in the event I am admitted, which will prevent a gap in my resume, and provide me valuable experience in my area of professional interest. The complexity is that I am literally waiting to receive a decision from the business school any day (I have confirmed this with them). I informed the school that I have a pre-MBA internship lined up which is in my industry of choice. Do I need to tell the school that I am no longer with the company? How will this be viewed? If I don't tell them, and am admitted, then how will this be handled during the background check? I haven't lied on any part of the application or during the interview. In truth my company was looking at options to extend my until this last week so I didn't want to raise a red flag with admissions until I had the facts.

How should this be handled?

Thanks!
Director
Director
User avatar
Status: Go Blue!
Joined: 03 Jun 2010
Posts: 685
Location: United States (MO)
Concentration: Nonprofit, General Management
Schools: Michigan (Ross) - Class of 2015
GMAT 1: 740 Q47 V45
GRE 1: 336 Q169 V167
GPA: 3.22
WE: Information Technology (Manufacturing)
Followers: 16

Kudos [?]: 146 [0], given: 249

Re: Submitted Application now Laid-Off [#permalink] New post 16 Jul 2012, 13:44
I doubt telling the school about being laid off would do anything for you, positively or negatively. Not sure how it would be handled with a background check, but if you were employed at the time of application, matching your resume and application information, then you should be fine.
_________________

ME: PROFILE | CPA: BEC AUD FAR REG | CMA: ONE TWO

bitly bundles: mba rankings | mba programs

Get the best GMAT Prep Resources with GMAT Club Premium Membership

Intern
Intern
avatar
Joined: 02 Dec 2011
Posts: 6
Followers: 0

Kudos [?]: 5 [0], given: 0

Re: Submitted Application now Laid-Off [#permalink] New post 17 Jul 2012, 06:57
Thanks for your note. I was wondering if there are others who are or who have been in this position and how did they handle it? Thanks!
Intern
Intern
avatar
Affiliations: Georgetown McD Class of 2013
Joined: 24 May 2010
Posts: 28
Location: NJ, USA
Schools: Georgetown
Followers: 2

Kudos [?]: 10 [0], given: 1

Re: Submitted Application now Laid-Off [#permalink] New post 17 Jul 2012, 11:28
I was laid-off after having been accepted to b-schools and I simply kept my mouth shut and didnt say anything. In fact, I did not seek any additional employment and simply enjoyed receiving unemployment checks while vacationing and getting into the best shape of my life prior to school. The lay-off never came up whatsoever and I doubt you will ever have to account for it in your academic endeavors.
Intern
Intern
avatar
Joined: 02 Dec 2011
Posts: 6
Followers: 0

Kudos [?]: 5 [0], given: 0

Re: Submitted Application now Laid-Off [#permalink] New post 17 Jul 2012, 17:25
Just found out I was admitted whew! Yes to be honest I have already started on the unemployment checks/getting in the best shape of my life/traveling/pre MBA networking phase and it's great. Hopefully no issues with the background check. Thanks for the tips.
Re: Submitted Application now Laid-Off   [#permalink] 17 Jul 2012, 17:25
    Similar topics Author Replies Last post
Similar
Topics:
Laid off before starting application process gaochang 0 28 Apr 2010, 05:13
What if laid off after application was turned in? hardaway7 2 22 Mar 2009, 21:32
Recommender just laid off...what now? VictoryMBA 12 17 Jun 2008, 14:29
Laid Off!! MBAsurfer 18 07 Dec 2007, 05:19
Experts publish their posts in the topic Unexpectedly laid off jah534 5 05 Dec 2005, 16:54
Display posts from previous: Sort by

Submitted Application now Laid-Off

  Question banks Downloads My Bookmarks Reviews Important topics  


cron

GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.