Withdraw or Continue MBA due to COVID-19?


Greetings,

Hope this finds you well

I'm in a dilemma currently due to the current events and the pandemic that's affecting thousands of lives on the planet. I got accepted last year in a prestigious business school in France, and I paid my deposit. All of this was before this global pandemic.

I'm currently concerned about the outlook of the COVID-19 pandemic and how it will affect MBA studies. I should study in France and Germany, and currently, according to the Corona Tracker, there are thousands of people infected and lots of people unfortunately dying.

So I have to make a decision regarding this and I need your opinions please:

1) Withdraw and refund the deposit, as this is due to matters out of my influence. I also have my family and business where I live to worry about during these turbulent times.

2) Defer to next year, on the hope things will be better in 2021

3) Continue my studies in September 2020 on the hope things will be better after June or July this year, and/or the School might introduce online classes until things are better.

Appreciate your replies and feedback.

Thanks in advance

Greetings,

Hope this finds you well

I'm in a dilemma currently due to the current events and the pandemic that's affecting thousands of lives on the planet. I got accepted last year in a prestigious business school in France, and I paid my deposit. All of this was before this global pandemic.

I'm currently concerned about the outlook of the COVID-19 pandemic and how it will affect MBA studies. I should study in France and Germany, and currently, according to the Corona Tracker, there are thousands of people infected and lots of people unfortunately dying.

So I have to make a decision regarding this and I need your opinions please:

1) Withdraw and refund the deposit, as this is due to matters out of my influence. I also have my family and business where I live to worry about during these turbulent times.

2) Defer to next year, on the hope things will be better in 2021

3) Continue my studies in September 2020 on the hope things will be better after June or July this year, and/or the School might introduce online classes until things are better.

Appreciate your replies and feedback.

Thanks in advance
quote
Duncan

I think it's better to be in school over the next year, when things are bad an the opportunity cost is lower, and then to have an MBA sooner so you can take advantage of things.
Many French business schools have international locations and it might be worth asking if they have plans to start the next cohort abroad.

I think it's better to be in school over the next year, when things are bad an the opportunity cost is lower, and then to have an MBA sooner so you can take advantage of things.
Many French business schools have international locations and it might be worth asking if they have plans to start the next cohort abroad.
quote
Duncan

I quite liked this article from WHU: https://www.linkedin.com/pulse/guide-mba-students-how-navigate-your-career-during-corona-menges

I quite liked this article from WHU: https://www.linkedin.com/pulse/guide-mba-students-how-navigate-your-career-during-corona-menges
quote
George Pat...

My opinion is rather grim on the matter so far (march 25)
Here is my line of thinking of how things will progress:

-It seems that some countries that "beat" the virus have loosened their restrictions, while still having more than zero patients.
-Right after that, the number of infected started rising again.
-It is possible, once the numbers reach critical again, they will set entire cities or countries into quarantine again.

So! So far it looks to me like we are going to have weeks of lockdown to contain the virus, followed by weeks of normal life during which the virus will spread again, followed by weeks of lockdown, followed by weeks of normal life and so on. Slowing the spread until enough people have been infected to be relatively safe.
This is however a VERY unsustainable model.

**NOTE This may (and hopefully/probably will) change very soon as many drugs are being tested.

Anyway to get to the topic:

As things are now, I wouldn't want to be in an MBA where the class spends much of the time online or avoiding classmates because of contagion fear, social distancing or whatever. That is the opposite of what people should be doing during an MBA.

If there is going to be social distancing and class canceling next year, I would rather do an online mba, take advantage of quarantines to stay indoors and study.

But like I said, things may change soon. It is too soon and many variables are unknown still. I would wait for more data to decide.

My opinion is rather grim on the matter so far (march 25)
Here is my line of thinking of how things will progress:

-It seems that some countries that "beat" the virus have loosened their restrictions, while still having more than zero patients.
-Right after that, the number of infected started rising again.
-It is possible, once the numbers reach critical again, they will set entire cities or countries into quarantine again.

So! So far it looks to me like we are going to have weeks of lockdown to contain the virus, followed by weeks of normal life during which the virus will spread again, followed by weeks of lockdown, followed by weeks of normal life and so on. Slowing the spread until enough people have been infected to be relatively safe.
This is however a VERY unsustainable model.

**NOTE This may (and hopefully/probably will) change very soon as many drugs are being tested.

Anyway to get to the topic:

As things are now, I wouldn't want to be in an MBA where the class spends much of the time online or avoiding classmates because of contagion fear, social distancing or whatever. That is the opposite of what people should be doing during an MBA.

If there is going to be social distancing and class canceling next year, I would rather do an online mba, take advantage of quarantines to stay indoors and study.

But like I said, things may change soon. It is too soon and many variables are unknown still. I would wait for more data to decide.
quote
+vibes


very interesting. Thanks for sharing this Duncan.
The current market situation and the following recession definitely does not make things easy, in terms of choices regarding an MBA.

[quote]I quite liked this article from WHU: https://www.linkedin.com/pulse/guide-mba-students-how-navigate-your-career-during-corona-menges [/quote]<div><br></div><div>very interesting. Thanks for sharing this Duncan.</div><div><br></div><div>The current market situation and the following recession definitely does not make things easy, in terms of choices regarding an MBA.</div>
quote

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