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May 7, 2009

Five MBA students face up to the economic realities

The Economist:

Over the course of one week, Which MBA? followed the fortunes of five MBA students from Northwestern University's Kellogg School of Management, graduating into one of the toughest jobs markets in memory.

Day one: Daianna

Last summer, The Economist called business schools "ports in a storm," (see article) such was the surge in applications from prospective students seeking to ride out the recession. Almost a year on, students have seen an economy that looked bad when they first applied grow much, much worse. As the spring term comes to an end, rumour has it that nearly half of my fellow MBAs are still without summer internships or full-time offers. Fierce headwinds face us as we sail back out into the world.

Whatever the initial motives for enrolling, few go to business school without the belief that an MBA will put them on a fast-track to bigger and better things upon graduation. That's certainly what I had in mind when I left my job, salary and friends to move to Chicago to pursue a two-year, full-time MBA at Kellogg. I wanted to expand my business skills at a top-ranked school in order to change from a career primarily at non-profit organisations to a more traditional role at a prominent company in the private sector.

Posted by Jim Zellmer at May 7, 2009 2:45 PM
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