Is this the right time for MBA?

[surb123]

Hi Team

Not sure whether this is the right place for this question. However posting it.

Is this the right time to do an MBA (that is Sep 2009)? How will the market be post 2 years and will there be any opportunity to seek jobs post MBA in 2011 in western countries such as US, Canada and UK.

Thanks,


Suresh

[StaceyKoprince]

That's an interesting question. You may also want to post it in one of the folders in the "business school" section - I'm sure the admissions consultants and your fellow MBA aspirants would be interested in discussing this topic.

I think a lot of people do think now is a good time to go to b-school, because application numbers tend to rise when the economy is in a downturn. Part of that is people who get laid off and are struggling to find a new job, but some people also feel that this will be a "stagnant" period for raises and opportunities for advancement, so they might as well take the time to get the MBA now.

To some extent, the reason I didn't get an MBA myself was the opposite timing - the appropriate time for me, career-wise, would have been the late 90s (I finished college in 94). But Silicon Valley was hopping then and there was no way I was going to leave! If the crash had come then, I might've done things differently.

Re: the future of the job market, I won't pretend to be able to predict the future, but I will say that if things aren't better in 2011 than now, in 2009 - well, we'll be in real trouble. One of the generally enduring things about the world is that everything's cyclic. It's got to come back up some time. And if it doesn't... well, then maybe you don't want to be in the western markets anyway... :)