"The MBA is like a two year vacation." That phrase is commonly
uttered by aspiring MBAs everywhere. The vision is idyllic: get
into a top MBA program, go to a few classes a week in which you learn
what business is really about, party with newfound friends as often as
you like, and pick your choice of internship and full-time career after
school by simply accepting offers that are thrown at your feet.
Life is easy, travel is frequent, and the time is simply lots of fun.
Now, for the secret truth: that vision is really only true during
your second year, and, in most cases, during the second half of your
second year. When you enter your first year, you are probably
going to be stunned at how busy your life is. You will be
consistently busy through at least the spring. Yes, this is true
for even you bankers and private equity people who worked consistent
100+ hours/week prior to school. Without fail, every single
person I have talked to has felt this same way during the first 75% of
their first year.
How can this be? Well, think of the MBA this way: you are working
in 3 part time, 10-25 hour/week jobs all at once:
It is the diversity of activities that make the MBA so
time-consuming initially. Most corporate jobs before business
school, no matter how many hours they require, are pretty
straightforward. You are expected to work on one or at most two
deliverables at once. The MBA is different – you are working on
four or more of these part-time jobs all at once, and only you are
responsible for completing them.
Think about this busyness as it relates to your path to
consulting. You will be incredibly busy with the MBA in
general. If you are not ready, item 4 in that list above,
"finding a job", will easily slip by the wayside.
How do you prepare for this? Consider these methods.
Believe me, it gets easier. You will learn to visualize your
schedule far better as time goes on. You will become more
efficient at everything you. You will earn your free time to
relax, travel, and party as you see fit. Do your due diligence
now, and the MBA will turn into the extended vacation you are looking
for.
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