Hi folks, I'm new to the MBA community. Long story short, I was working at a property technology (proptech) firm in the US, which suddenly laid off 95% of its workforce in Nov 2022. I found a temp job for two months and took the opportunity to move back to China in Feb 2023 (for family reasons). I applied to the HKUST MBA bi-weekly part time MBA program because (1) my job hunt in both the US and China were going nowhere and (2) I didn't have a GMAT score.
Fast forward to today, and I got a nice email and call from the admissions staff saying that I got in! I have until 5/15 (a week) to make a decision. I could switch to full time, but I need to reapply. This also means I have to take a full year's hit of no income (I already exhausted quite a bit of savings since November) and have a GMAT score within a month with little studying.
For context, I was in multifamily real estate investment, development, management, and proptech for 9 years before moving to China. My undergrad was at Wharton, so I didn't consider an MBA until now. My primary reasons for going now are (1) an industry change (to debt capital markets, international business operations, or VC) and (2) local understanding of markets in HK and Mainland China.
Does anyone have an opinion or experience with the following?
(1) I currently do not have a full time job. What are the odds of finding something (in HK, ideally) within a month of enrolling in the part time program? I'm looking primarily in real estate and proptech, but that sector took a massive hit in the past few years and jobs are not looking great.
(2) A friend connected me with a close contact in the HKUST community. He mentioned that there are a ton of networking events for incoming and current students, and I should be able to find something potentially even before arriving. Does anyone have experience with changing / quitting jobs before the part time MBA program?
(3) Is there is an employer preference between full time and part time students? Do the part time students get the "short end of the stick" in any job searches, alumni networks, degree reputation, etc.?
I'm leaning toward accepting the offer but wanted to hear thoughts / feedback before continuing. Thanks folks!