Marcial Quinones Useless MBA: 1500 applications & still no job! (2024)

Marcial Quinones Useless MBA: 1500 applications & still no job! (2)

Marcial Quinones Useless MBA: 1500 applications and the dad of four has still not gotten a stable job offer over the last ten years. So what’s he doing wrong or has the job market changed and made higher education a complicated gamble?

Remember the adage, it’s not what you know… but who you know.

A Pennsylvania father of four has described a ‘tale of caution’ after saying he has failed to find steady work, this despite holding an MBA and sending off more than 1500 applications over the course of a decade only to be met with no job offer.

Marcial Quinones, 48, a father of father of four who lives in rural eastern Pennsylvania, said he’s struggled to land along-term jobin tech or counseling. He has held part-time positions and built his own inventory software to sell to companies, though he rarely gets interviews, even after redoing hisrésumétwo dozen times.

Gone are the days of finding a well paying job with just a high school diploma

‘I wish there was an easier way, but traditional ways of looking for employment have been overshadowed by artificial intelligence and lack of human interaction,’ Quinones told businessinsider, noting his applications are likely thrown out due to his recent lack of work experience.

Quinones said he had a difficult upbringing with an ‘abusive’ stepfather, before eventually becoming interested in computers and found side jobs helping the Salvation Army and other businesses fix their technology. By 18, he applied for technical jobs, doing contract work in the 1990s when companies were rolling out computers at the office.

Without a high school diploma, hegot a jobas head technician for a computer company in Arizona, then landed a role for Intel in 1999. He worked there as an IT manager for a year before getting laid off.

Feeling behind his peers because he did not have acollege degree, Quinonesenrolled at a community college in 2002, where he got his associate degree in computer programming. While there, he also worked part-time for the school’s IT department.

Marcial Quinones can’t find a job even with an MBA

He moved with his wife and children toArizona to be closer to his wife’s family. Given that a four-year degree was increasingly becoming a prerequisite for many positions, Quinones received a bachelor’s degree in computer programming.

Still, he said the job market in Arizona was ‘extremely difficult.’ He recalled walking from company to company with résumé in hand, which resulted in some job offers. However, he wanted to progress his career, so he enrolled in an MBA program in technology management and turned down positions.

He secured a job inNew Jersey as chief technology officer for an import and export company. However, two years into his job in 2010, he faced a difficult situation in his family that cost him his job, which he said was extremely difficult to recover from.’

Since then, the father of four said he’s struggled to find anythingrelevant to his skill set. He couldn’t land anything beyond a first-round interview for IT roles. He recalled making Facebook posts in the early 2010s searching for work, only to be met with negative comments.

Forced to rely on his wife’s salary to keep family of 6 afloat

‘I’ve walked into local businesses to start talking about working, and I’m told that I would not be happy working there because it is not part of my high-skilled profession,’ Quinones told businessinsider. ‘This is even after not including my education not to become overqualified. However, when they reviewed my work history, it was clear I am.’

Quinones said he struggled with alcoholism, from which he recovered eight years ago. He began bodybuilding as his therapy, and he took part-time positions just to stay afloat.

He created an inventory management software program, hoping to expand it to many clients. He secured some contracts for his software with businesses like a restaurant in Puerto Rico and a Christmas company, and he worked on inventory with small startups to help them grow. He was offered full employment at a company, given it would use his software, though the company wouldn’t compensate him for his software outside his salary.

Additionally, heprinted imageson stickers, shirts, and bottles for side income and drove for Uber, though he recalled often working 14 hours and only making $70 a day after expenses. He volunteered at a middle school implementing his software for improving students’ math performances, selling some licensing agreements to parents.

He said his wife works remotely as a sales supervisor for a company in Arizona, which has kept his family of six afloat. Over the last decade, he’s found ways to cut costs for the family, such as doing car repairs or plumbing fixes without calling in experts.

Maybe it’s got nothing to do with Marcial Quinones MBA but everything to do with MBA program itself… now that everyone is doing one

In 2015, desperate for job security, he enrolled in amaster’s programin family and marriage counseling as a backup plan, though he ran out of financial aid with four classes left and dropped out. A few years later, when he considered returning, he was told only half of his classes counted due to a curriculum change.

Quinones says he is still in touch with career coaches from his previous universities, and they’ve offered workshops, résumé and cover letter reviews, and job recommendations to help him stand out. He began catering every application specifically for each role, sending personalized emails to hiring managers, but he only got two emails back from recruiters saying they would keep him in mind for positions.

In total, Quinones said he’s applied for about 1,500 jobs unsuccessfully, getting five to 10 rejections daily this year. He’s redone his résumé over 25 times, spending $300 for a professionally created one that yielded zero interviews — which he got partially refunded. He’s asked his friends in IT and project management to review his applications.

He said he’s in a middle ground: He’s overqualified for many entry-level positions but under qualified for jobs in related industries. He acknowledged hiring expectations have skyrocketed over the past few years. He even tried removing some educational background on his applications to seem less qualified to no avail.

Why is landing a job so difficult?

He believes many of his rejections are for positions that companies legally have to post but give to internal candidates or recommendations.

‘I used to get interviews for jobs where I beat out 600 people,’ Quinones told businessinsider. ‘Now, it’s hard to get a job when you don’t have a foot in the door to interview.’

He also suspects his race as a Latino American may have hindered his job search. Once, a company told him it wasn’t accepting new applications, though they gave one to his wife, who is white. He also used a shortened version of his middle name, Tony, on an application instead of Marcial, which increased his interview rate.

He added that because technology changes rapidly, he may be behind on what many jobs expect applicants to have, particularly with AI.

Given his location about 30 miles from any cities, he’s focused on finding a remote position, though these have been dwindling and getting more competitive.

‘If you haven’t been employed in a while, I can’t magically snap my fingers and make it happen,’ Quinones said, noting employers may be skeptical of gaps in his work history.

Marcial Quinones Useless MBA: 1500 applications & still no job! (2024)

FAQs

At what point is an MBA not worth it? ›

Having an MBA doesn't necessarily make you an ideal hire. Going to an online or unknown school will not get you noticed. An MBA isn't worth it if you don't intend to work in a business or management-related field.

Are you more likely to get a job with an MBA? ›

An interesting stat points to yes. According to U.S. News & World Report, among the 149 ranked full-time MBA programs that supplied three-month employment data, the average employment rate for 2022 graduates three months after graduation was just over 86%.

Do people stop working to get MBA? ›

Returning to school can be beneficial for those looking to transition careers or industries. Anderson says quitting a full-time job to earn an MBA or similar business degree can often be the only way to move up in a company or particular field, such as investment banking, brand management, and consulting.

How many MBA are unemployed in USA? ›

graduates didn't have one three months after graduation, up from 8% in 2021. At Stanford's Graduate School of Business, 18% didn't, compared with 9% in 2021. About 13% of those at the Massachusetts Institute of Technology's Sloan School of Management didn't have a job within three months, up from about 5% in 2021.

Is MBA worth it after 40? ›

An MBA is valuable at any age if you're in it to develop a skillset, try something new, and become a more well-rounded leader, manager, or individual contributor. For an older student with more experience, an MBA may be more about building a new muscle and staying on-trend than making a big move.

Are MBAs becoming less valuable? ›

When is getting an MBA still worth it? An MBA may not be as prestigious as it once was, but that doesn't mean no one should pursue one. Studies still show that those with an MBA earn more than those with a bachelor's degree alone.

What percentage of MBA graduates get a job? ›

80% of MBA graduates are employed within three months. 42.8% of MBA graduates work in the finance and accounting sectors. The average starting salary for an MBA graduate is more than $105,000.

Do employers care where you get your MBA? ›

Oftentimes, top employers in industries like finance, banking, private equity, and marketing–industries closely aligned with your degree–will review where you received your education, looking for the best MBA programs.

What are the disadvantages of MBA? ›

The disadvantages of an MBA include the high cost of tuition, potential student debt, the opportunity cost of time away from the workforce, and no guarantee of job placement. The benefits can also vary depending on the prestige of the program and the industry in which one seeks employment.

Is it worth getting an MBA at 50? ›

In your 50s, an MBA could offer context around changes to the business landscape, new technologies, and improve your ability to communicate with colleagues across teams and varying age groups. “You're never going to think you have the time or resources to get your MBA, but getting started is the important thing.

Is MBA losing popularity? ›

MBA applications dropped by 4.9 percent during 2023, following another 6.5 percent slide the previous year. As with overall business school admissions, these decreases continue a declining five-year trend, following decreases of 2 percent in 2020 and almost 7 percent in 2019.

Are MBAs worth it in 2024? ›

So, you are considering applying to an MBA program this year but wonder whether the time, money, energy, and everything else involved in the endeavor is truly worthwhile. The easy answer is yes—go for it.

How hard is it to find a job with an MBA? ›

Many 2023 MBA Grads Still Struggling to Find a Job

At Stanford's Graduate School of Business, only 89% of MBA grads had a job offer by the three-month mark—a drop from 93% in 2022. “I had no idea, a year later, I'd still be searching for full-time employment,” AJ Edelman, a Yale MBA grad, tells The Wall Street Journal.

Which MBA has more demand in USA? ›

The most in-demand MBAs in the USA are in fields like Technology Management, Finance, Healthcare Management, and Data Analytics due to high job growth and industry demand. You can stay in the USA for up to 60 days after completing your MBA if you're on an F-1 visa.

What is the minimum salary of MBA graduate in USA? ›

The hourly mean salary for MBA grads in the USA was reported to be USD 63.08. Whereas, the annual mean was USD 131,200 as per US Labor Report 2023 for MBA grads.

How do you determine if an MBA is worth it? ›

Return on Investment

Hiring is expected to remain stable over the next five years. To decide whether an MBA program offers good return on investment, consider tuition costs and potential starting salaries – which most schools track – and calculate the salary-to-debt ratio.

Is $100k MBA worth it? ›

The degree itself is not going to earn you the big bucks. However, it will open the door to job opportunities that will. An MBA often serves as a gateway to leadership positions, and management roles typically involve higher salaries than non-management jobs.

Is an MBA worth it right out of college? ›

Yes! Graduates of MBA programs command a much higher salary than students with a bachelor's degree, and it makes financial sense to earn that higher salary for as many years as possible. In 2021, the median salary of MBA graduates was $115,000, 77% more than those with a bachelor's degree ($65,000).

References

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