Maybe its time considering dropping the plans to do a MBA and start thinking about learning something useful - something you always need - like plumber or auto mechanic.

just in case..... ;-)

Like "Joe the Plumber"? Who not only isn't a plumber, but isn't even called Joe.

I've always thought the best fall-back professions would be hairdresser or, at a push, tattoo artists. I know plenty of people who've spent years traveling the world doing very well out of just those two professions.

Of course, perhaps the best option of all at the moment - if you have the stomach for it - is debt collector.

Or a Repo Man...

On the other hand, maybe a crash in the world markets is the chance for us to get rich - waiting for the stocks to get to they're all time low, and then buy some! ;-)

some people made lots of money during the hyper inflation days in Germany after WWI....

Andy

Or a Repo Man...

Well Guys,
It would be interested to know what is the mind-set of this forum user on current market crisis? What are the projections for next new years (say till 2011) about the market?

This will really help new bees to make the decision for their career.

The interesting thing is that as GDP has declined over the last few months/year or so, applications for business schools (at both MBA and EMBA levels), have actually increased significantly. There's a lot of talk about why that is, with the consensus view being a combination of two things: 1. A greater number of applicants from India, China and Far East. 2.At least as significantly, a recognition on the part of many applicants that now might be a good time to take time out of work - with potential earnings falling, the cost of not being paid, or being paid less as a proportion of one's normal salary, is lower. Now might also seem a good time to work on one's long-term employability and promotion prospects by making use of the general downturn in economic activity, emerging pheonix-like, from the flames of global recession and market collapse.

All this assumes, however, that the problems market economies are experiencing now will go away, and go away relatively soon. If they don't, if Russia decides to invade Poland the Czech Republic in response to America's construction of long-range nuclear missile sites there, and if bird flu comes back with a bang (as there is every indication it will), and sea levels continue to rise, you can forget about it. Save your money and buy yourself a bunker, plenty of quality reading material, scuba diving equipment, as many tins of sardines and baked beans as you can get your hands on, and ready yourself the apocalypse. Its going to be emotional.

Well, with Russia and America determined to start the cold war again, i think we don't have to worry!

cold war = Arms race = more industry = more economic stability!

MBA in Arms industry anyone ?

David