gmat56012 wrote:
To all the international appliacants, if you have not recieved any scholarship and considering taking out a loan, I would highly advise you to talk with currrent students and understand the job market. I have heard about people with 7,9 even 12 years of expericnce who had to return to their country because they could not land a job. Please excersice caution regarding the AI’s impact on the job market in the next two years , as its effects are already becoming apparent. Its bloodbath in IT and Finance and god knows what happents in next two years. I would highly reccomend going to schools which have offered you scholarships.
While I agree to some extent with this message, this also serves to fear monger people into believing into hypothetical scenarios. A lot of it depends on you as an individual as well and what you bring to the table. And yes 7, 9, 12 YOE matters. AI has a long way to go. Don’t see it as something that is replacing your jobs. See it as something that compliments your job. Like a co-pilot.
MBA is what you make of it. Not every student gets scholarship (especially in McDonough because their yearly endowment is low compared to other B-Schools). If only students who got scholarships went for an MBA, you would have no student body. While its true that the market is bad, it is very likely that in 2026, we see an upward curve. Be flexible to more roles, have a back up plan, network, give your best and you will be fine.