Here's a good article from a website you should have on your MBA radar. PoetsandQuants.com
Here's an excerpt:
The social media antics of MBA applicants are fast becoming a new area of scrutiny for admissions officials at many top business schools. In fact, one prominent MBA admissions consulting firm has even begun to offer a “social media audit” to prepare for applicants for Google and Facebook searches by admissions teams.
The company, Chicago-based The MBA Exchange, combs the Internet for damaging information left on websites by applicants or their friends: from a Foursquare check-in at a strip club to a Flickr photo of drunken friends at an out-of-control house party.
This article is geared toward the MBA admissions process but is equally valid for those of us looking to get back into the workforce after graduation.