So a bit of context.
The company I worked for does MBA sponsorships. But things weren't looking good
(No one was getting any sponsorship) and this was the second time I had applied
(First time I got accepted but then there were some "issues" no one could point to specifically so what ever.) I decided I was going one way or the other.
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Plan A-I Sponsorship from the company.
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Plan A-II Finding a loan.
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Plan B Take 6 months of work
(A possibility in that company) to study some subjects I'm interested in and go Climbing/Surfing/Skydiving around the country. Clear my mind and try again.
Plan
A-I didn't work and had to find loans which turns out is not very easy. I ended up finding
Prodigy Finance;
Prodigy Finance is a loan provider that specifically funds students who are travelling abroad for their MBAs, and they don't require a co-signer. They have loan programmes with quite a few top business schools in Europe, the UK and the US, so depending on what business school you're going to, they may be able to help you out. I was accepted in IE and IE is one of the schools they have.
So plan
A-II it is. Thing is the intake starts in 5 months so why not go for plan B too? I quit my job and now use the time to study the things I want and to climb/surf/skydive with my mates.
Even if plan A-II had not worked I would have taken the plan B for various reasons.
When things don't work; you are either missing something or doing it the wrong way and you need to take a few steps back to regroup.
Taking time off to study helps you add more skills to your person. Skills and knowledge that could be missing in any of the steps needed to get into a BS and/or finance it.
Taking time off and travel/workout/sports helps you clear your mind.
One thing was sure is I was not going to quit. I wanted to do an MBA and it was going to happen.
I had done a similar thing back when I graduated before I went looking for jobs. I took some time off to go surfing. It helps a lot and you see things with more clarity so you can make the right decisions.
Don't quit. It is a long and tiring going through all the required exams, the application process and loans. You will stumble, you will find your self doing things several times and getting some wrong but don't quit. I fought for this two full years and many times I felt frustrated. I didn't quit and at the end it worked out for the program I wanted with the best terms for me.
So if you need to, take time off but only to try again.
Best of luck!
Andrés