Seismic schocks

Things will never be the same again. A 158 year old financial giant is dead. Another big fish has been eaten by a shark.

24000 employees of Merril Lynch are expecting pink slips.

All employees of Lehman Bro have started polishing their CVs.

Satyam has laid off 2500 employees.

The job market was never more competitive. Though Finance is not my post-MBA choice of , I am worried as hell. Because all these capable people, most of 'em anyway are now looking for redemption. And most of them will look at an MBA to take them through the next 2 years of their lives. If you are gonna be without a job, you are far better off being so in an MBA school for obvious reasons.

The implications are very clear. The applicant pool will probably be the most competitive ever. Especially in the later rounds. So EA (if the option is there) and R1 are the only choices for poor souls such as me.

I was thinking of app-ing to Fuqua in R2, to have some more time for the on-campus interview, but that seems like a very dangerous choice now. it's either EA/R1 or never.

1 other thing is e timeline. Fuqua R1 admit offer demands pulling out of other apps.

Here's a brief sketch of timeline.

Probable US journey: 29 Sep
US (may get delayed): 6 Oct
Fuqua Interview R1: 7 Oct (sat)
Fuqua EA: 15 Oct
Fuqua R1: 27 Oct
Darden R1 28 Oct
Fuqua Interview (EA): Nov 1 (sat)
Fuqua Offer (EA)
ISB interview (probable): Nov1 -Nov 12
Fuqua offer (EA): Nov 14
ISB Offer: On or before Nov 20 (15 days time to accept offer)

Fuqua Tution Deposit (EA): Dec 12
Darden interview: Dec 5-19
Fuqua offer (R1):Dec 19

Darden interview:Jan 5-9
Darden offer: Jan 30
Darden Deposit: Mar 12

So Fuqua R1 is a bit risky since if ISB offers, I'll have to pay 2 lakhs and then get the offer form Fuqua and kick myself in the back.

Let's c wat the future holds

Ciao