Hi,

How do you think will be the job propospects in Europe for an Insead MBA graduate in July 2010 ?

Do you think there will be a dramatic downturn in job offers?

Thanks,

No one can tell you that seriously. If the CEO of Deutsche Bank, Josef Ackermann, says in summer 2008 (just weeks before Lehman went bust) that the crisis will probably soon be over, who are you going to trust now. User "asgh324" on FInd-MBA?

Of course, in normal times you could say that as an INSEAD grad you should be ok if you have a strong profile and try hard. But there's a dramatic downturn in job offers already. The people currently being layed off and the grads not getting a job right know will probably compete with you for jobs in 2010.

If you have a job right now, it may be better to wait for one or two years.

I have a job right now but I'm unhappy and unsatisfied with it. I've already applied to Insead and been selected to interviews and I think I´have a good chance to get in. The problem is I'm getting worried with the debt I'm going to be into, and the diificult situation I'll be, if I don´t find a job in a few months, afterwards. Besides I'm 30, turning 31 this year, and I can't delay this decision for 2 years. As I really want to do an MBA, I'll go for it and take my chances. Hope that all comes the right way...

Hi. I don't know where do you live currently and how prestigious job you are holding so I can not calculate opportunity cost of your MBA program. INSEAD require 700 GMAT which means you are a very bright student. In my opinion you should consider following factors:

1. From previous experience how smart you are at fetching job among crowd. If a company wants six candidates and there are ten applicants and you are positive that you will be selected then go for insead. (source which mba website wich says 60% of insead students get job in 3 m)

http://mba.eiu.com/index.asp?layout=school_snapshot&university_id=1460471546&mba_program_id=1470471547&university_name=INSEAD

2. Suppose you don't get job in three months and you are not going to loose your house in debt settlement then go for insead.

3. No risk no gain , high risk high gain. What is your nature risk taker or risk averse. Do you have solid nerves or your will have panic attacks for the fear of debt default. go insead if you have solid nerves.

4. In the time of recession good candidates are required to restructure and rescue sick organizations but very aggressive candidates are fit for that type of job. are you aggressive? If yes go for Insead.
I have seen from personal experience that candidates from good uni are always in demand what ever rate of unemployment, the axe falls on mediocre. Though your place of residence is very important to review social security, funding possibility, bankruptcy rules etc etc. Hope this will help you in deciding. keep us posted.

Thank for yor in depth analysis, it helped in my reflection.
Looking at the points you mentioned, I can see that I'm positive in almost all of them.
I consider myself agressive at work, fit for hard tasks, and risk taker. The only thing I'm less secure is on the hability to atract jobs. I had some problems in the past to find a job, and I've done better being promoted inside the company. I hope the mba will also help me in the skills to promote myself better at interviews.

In terms of debt the main thing is that I'm going to sell my car. In terms of house I don't have a mortgage loan to pay.


If it helps in your analysis, I give you my profile, I'm from Portugal, my backgroun is Industrial engineering and management, and I'm a purchasing manager in paper and cardboard manufacturer. After MBA I intend to continue working in Europe.

Hi,some more inputs
If you want full security ask your current employer to grant you study leave even some loan and you pay back them after you master. (you should be able to pay them back in three to five years time).
Other factors to consider are you looking after your wife/parents/dependents are you leaving enough funds in your absence? If yes then go for Insead.