Stock Market Meltdown

I was watching the stock market implode yesterday morning and one thought crossed my mind: How will this benefit my business school applications? If the market and economy really slows down will less people apply for school? Is everyone already set on their path, making it irrelevant?

Some of the books I have read note that during the financial crisis fewer people entered MBA programs due to a fear of not finding a job in the uncertain economy. I work in the tech sector and my MBA focus is going to be Entrepreneurship. I don’t have ambitions of working as a consultant or in investment banking when I finish school. If a slowdown in the economy means less people apply to school then I welcome it. However, I would also have to worry that as VC reserves dry up and firms take less risk, I might have to look elsewhere for funding if needed. These are interesting times and the challenges are plenty. Back to GMAT prep… 🙂

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s