jallenmorris wrote:
You're probably between the ages of 21 and 23. If you can afford it, take the time and travel. Do odd jobs in Europe. Just live life. This experience will give you SOOOO much to write about on your application essays. You can say "I had a great opportunity to travel and experience the cultures of the world and work with different people around the world. While some may see this as a vacation, it was much more than that. I loved every minute of it, but when we discuss SE Asian business in one of my classes, it's not just text on a page. I've lived and worked in that culture, even though for a short time. Rather than just reading about shipping and maritime business in these cultures, I can remember what it feels, sounds, and smells like to stand on the dock in Malaysia."
Just an idea. Even if you just discuss it in an interview, you may get more questions about that trip and what you learned / experienced than anything else. You could get an interviewer that did the same thing and wants to swap stories, or you could get an interviewer that wanted to do it, but didn't have the guts to set off across the world alone and chickened out so they admire your courage and independence.
Although RTW trips are a lot of fun and many people tend to do them the summer before enrolling in B-School (especially the financier types with deep pockets), I'm really not sure that they would add much value to a business school application. B-School essay questions are generally looking for leadership, impact, and development stories - tourism will not provide this. There are plenty of kids from wealthy families who have traveled the world while they were growing up - yes, this is great and fun experience, but in my opinion, not really what the admissions committee cares about. Personally, when I see a resume and someone lists that they have traveled to over 50 different countries at age 22-25, I tend to just think that they grew up in a priviliged background and don't give it much more thought than that. This does not and should not impact admissions. Additionally, LevFin7S mentioned that he wants to keep his expenditures as low as possible during this time.