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Sponsored MBA

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Intern
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Joined: 28 Mar 2017
Posts: 3
Location: Israel
GMAT 1: 730 Q49 V40
GPA: 3.02
Sponsored MBA  [#permalink]

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New post 02 Sep 2017, 23:36
Hi guys,

I've been working on applications lately and I saw that almost all of them ask if my MBA will be sponsored by any company.

I'm wondering whether my response has any effect on my chances of getting in.
Also what does "non-monetary" sponsorship mean?

Thanks in advance
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Joined: 10 Apr 2013
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Re: Sponsored MBA  [#permalink]

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New post 03 Sep 2017, 08:01
OhadM1987 wrote:
Hi guys,

I've been working on applications lately and I saw that almost all of them ask if my MBA will be sponsored by any company.

I'm wondering whether my response has any effect on my chances of getting in.
Also what does "non-monetary" sponsorship mean?

Thanks in advance


Hi there,

That's a very good question. When a business schools asks you about company sponsorship it is not looking at your finances but rather your employability. What a company sponsorship means is that you have a job waiting for you post graduating from MBA. Hence, the MBA school will not have to worry about placing you somewhere and makes you a safe candidate. And thus, it increases your candidacy. If you can even get a "non-monetary" company sponsorship it will go a long way. Which basically entails you have a job waiting post MBA but the company isn't paying for your MBA.
Hope this helps.

Best,
_________________
Deep A.
Ivey Alumnus (Class of 2015)
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Intern
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Re: Sponsored MBA  [#permalink]

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New post 03 Sep 2017, 12:14
great response!

I guess the question for most will be: how binding is that question?
For example, I'm not working in the US now and so it would make little sense for me to come back without gaining experience in the US and at least having payed some of my loans back.
Nonetheless, I might be able to get a company to announce it would like to hire me in the future and mark it as a yes if I thought that would be worth while.

There is another question, the visa question.
If someone's going to try and get a J visa, would telling the school the MBA isn't sponsored might afflict the visa application in any way?

Thanks for the help!
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Re: Sponsored MBA  [#permalink]

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New post 04 Sep 2017, 22:58
dovdevan05 wrote:
great response!

I guess the question for most will be: how binding is that question?
For example, I'm not working in the US now and so it would make little sense for me to come back without gaining experience in the US and at least having payed some of my loans back.
Nonetheless, I might be able to get a company to announce it would like to hire me in the future and mark it as a yes if I thought that would be worth while.

There is another question, the visa question.
If someone's going to try and get a J visa, would telling the school the MBA isn't sponsored might afflict the visa application in any way?

Thanks for the help!


That could be an added advantage. the promise of a job upon your return is for sure very valuable.

As for how that might affect your Visa application, I would say best to ask a lawyer... ;)
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Re: Sponsored MBA  [#permalink]

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New post 07 Sep 2017, 00:40
dovdevan05 wrote:
great response!

I guess the question for most will be: how binding is that question?
For example, I'm not working in the US now and so it would make little sense for me to come back without gaining experience in the US and at least having payed some of my loans back.
Nonetheless, I might be able to get a company to announce it would like to hire me in the future and mark it as a yes if I thought that would be worth while.

There is another question, the visa question.
If someone's going to try and get a J visa, would telling the school the MBA isn't sponsored might afflict the visa application in any way?

Thanks for the help!


Apologies for the late response dovdevan05. Yes you're right such sponsorship is difficult to impose or track. And unless it is a sponsored MBA I suppose it will be optional offer. But again it depends on company to company. What my alma mater, Ivey does is that it offers a $10,000 discount to "leave of absence" candidates. And if after you graduate you don't join your previous company you will have to pay that 10 grand back. Which is a win win as MBA school's employment statistics are safe either way. And if you find a better job you can choose to take it or go back to your previous employer. Per my knowledge information is not shared between US Immigration and Business schools but as suggested a specialist might be better able to answer that question for you.

Best,
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https://EduSimplified.com

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Re: Sponsored MBA   [#permalink] 07 Sep 2017, 00:40
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