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Probably, but not all schools ask whether you are sponsored or not right?
Most people are pretty cross functional to at least 1 other field than the one they were previously in. After all, MBA programs are pretty much designed for career pivots. Consulting to FAANG and PE are very common pivots nowadays. Underemployment is also an issue for schools which is precisely why they take sponsored applicants so that others don’t have to settle for subpar employers.