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It’s an interesting question. I think what’s your feeling is the motivation many others half for pursuing an MBA. Nobody just quits a perfectly fine job with where they’re killing it and decides to take a crazy test, write a whole bunch of essays, and then not make any money for two years.
So do not feel that you are in anyway a painted bird or a black sheep. However, you are a bit unorthodox in a sense that you want to quit your job before the application. It is awesome you have that ability and opportunity. You can do it, but you have to be aware of some implications which I think is exactly what your post is about.
First of all, on the very basic level you will need to make sure you have someone to write a recommendation letter for you or a few. Riding recommendation letters is annoying and time-consuming and so it would require a very good relationship with your boss to ensure that he or she would still do it after you quit. My guess is you will apply to five schools like most people do and possibly more and that’s quite a bit of a commitment for time for a recommend or, if you want them to do a good job that is.
You are a little unorthodox in the sense that you would be quitting good job before applications and that’s not leaving yourself much of a Plan B option. I don’t know if that will make you feel insecure in anyway and that’s come off desperate in your interviews and applications especially after a snag here or there. This is more about you making an impression rather than schools judging you.
You need to have a good story with very clear list of accomplishments to show to the business school during your sabbatical. You will be compared to other applicants and what schools are looking for is for the top five or 10% performers. Are you doing the most with your time and your resources during every possible moment? You could be messing around and take it easy or you could be purposefully Working towards certain goals that for the purpose of business school need to be miserable and understandable. I’m sure everyone would love to take time off and do what they want but are they being productive another outperforming other people who are taking time off?
I would definitely work with an admission consultant or a current student or alumni if you have somebody in your network to help you craft the message and make sure you don’t come off in a bad light. What you’re doing makes perfect sense you just want to present properly so it doesn’t sound like you’re lazy or something like that. People are quick to jump to conclusions.
At the same time, instead of potentially quitting in spring after bonus time or not sure what’s driving the timeline, or if you quit right after round one applications? That would be in exactly one year or wait till the spring of the following year. Once you get an admit, you can do anything you want. You would have at least five months or four months to do whatever you want at that point in time which is when added with the business school would be a pretty significant chunk of time for self reflection. I can personally tell you that all of the Second year students get to a point where they’re done with school and they can’t wait to start working and making money again. Student life gets old and school gets boring and annoying as well especially in your late 20s. My concern is the taking 2 1/2 for three years off from work will be unproductive just personally.
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