With graduation now imminent, Mr Nasser is having to consider other career paths: “Private equity is no longer an option,” he says.
Times of economic gloom traditionally herald a surge in applications to business schools as students seek to escape the storm and emerge with new skills when the job market is improving again.
As Mr Nasser's case shows, however, the timing can be critical. Most European schools offer one year MBA programmes, in contrast to the two year courses traditional in the US.
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