{ "media_type": "text", "post_content": "26M making $155k base and about $185k TC at a large payments firm (Visa, MC, AmEx). I’m also 1 year away from promo which will probably get me to $210-220k TC. \n\nDo you think I still need an MBA? A lot of senior leaders in my team have 1 so I’m really not sure at this point. The opportunity costs are high, but I’m well aware of the long term benefits. I’ve also already taken the GMAT and gotten a 740. I’m an Asian male and find the hurdles that we go through for admissions a turn off as well.", "post_id": "61a2bf9c52636d0038d3c436", "reply_count": 22, "vote_count": 4, "bowl_id": "5988685d311f0a001042963a", "bowl_name": "MBA Applicants" }

26M making $155k base and about $185k TC at a large payments firm (Visa, MC, AmEx). I’m also 1 year away from promo which will probably get me to $210-220k TC. Do you think I still need an MBA? A lot of senior leaders in my team have 1 so I’m really not sure at this point. The opportunity costs are high, but I’m well aware of the long term benefits. I’ve also already taken the GMAT and gotten a 740. I’m an Asian male and find the hurdles that we go through for admissions a turn off as well.

like
Posting as :
works at
You are currently posting as works at

Exec mba in 2-4 years sounds perfect for you.

like

Exec MBA don't need an MBA. Also look at Yale too.

Asian male is the new white male - you will need to have exceptional stats (GPA and ECs) and a great story to get admitted to top programs who are way over quota for your race and gender combo

like

Emba makes most sense unless you’re looking to pivot into a completely different function (eg banking or consulting) that requires an mba for pivot.

likehelpful

You should look at the VCs’ websites and look at the jobs/careers portal. A lot of them typically post their portfolio companies’ openings. Alternatively, Angelist or LinkedIn works too. Good luck.

Literally nobody needs an MBA. If the stars align and you have the opportunity to go to a top MBA program- do it. I went into mine with TC >200k and I found that was more common than you might think.

like

How are you already a Staff PM at 26 already? What would your promotion be to?

like

Up for senior manager of product next year and director 2 years after (dependent on performance) I’m a bit young for my age group as well. Most people in my graduating class are 27. And I got lucky to get this position. The HM was desperate to fill the role and I was just a solid option.

What sort of work do you do at the payment firm?

like

Standard product work - ideation, development, pricing, marketing, customer pitches, some client support.

like

I'd talk to your coworkers and see what they think

Thanks for this. A lot of my peers are a mixed bag. Some loved it and some hate the student loans. I don’t think I’ll get a good answer from leadership since they all tell me it’s not necessary because they want to retain me. Exec might be the path

like

Maybe ask your company to sponsor your undergrad if you’re not opposed to returning to the same company? You already make about or more than most of the top schools’ starting salaries.

Unfortunately they already said no to sponsorship as a policy. I think if I go I would try to land a better offer anyway.

Check if your org will sponsor it. I am making similar to you and pursuing my mba because it's sponsored, I'm burnt out, and I want to grow my network beyond just consulting

Thank you! Then it's a super tough descion. Tuition, foregone salary, relocation /living costs for two years really adds up. Don't know if I would do it unless I had a very specific goal that mba would help me achieve

like

Related Posts

Currently an MBA student at M7, and already have a PhD in ChemEng. No prior consulting background. What would be good firms to target and any preferred ones for good work life balance?

like

Moving out of the US for 5-6 years, does it make sense to keep the 401k as is or withdraw it and pay the fine and penalty as it could still be used as a 25-30% down payment for a house ? The balance is under 70k right now. I will be moving back after 5-6 years.

like

How can I break into CSR? There don’t seem to be many roles at the associate level

like

I’m concerned this is just going to reduce employee salary negotiation leverage and allow companies to pay everyone the same low amount. It sounds like the limitations of a union without the benefits.

like

Stretch that per diem 🤑

Post Photo
likefunny

How do I break into consulting from advertising?

like

Initially I was interviewed for SG-28 but post that they have corrected it to 27 quoting the year of experience is less than 12 years. I am an mba (IIM) with 9 years of experience overall (5.6 yoe in product management). Is this SG 27 inline with other MBA folks with similar experience. ? Or am I moving into lesser grade ? Someone please provide the insight. Thank you.

You should be able to opt out of social security taxes and as an alternative be required to contribute the same amount of money to your 401k.

likesmart

Anyone with management consulting experience (2-4 years) looking for freelance opportunities? Life sciences and healthcare experience preferred.

Planning to start preparing for PMP. Almost every article I read on Google said it's a difficult exam. Any tips on study plan that worked, considering a 2 month timeline of 2 hours every day preparation?

Is there anyone who came to US for courses eligible for CPT and was successful in getting a job and staying through H1B process ? Will appreciate an opportunity to chat.

like

Was you H1B approval notice mailed to you ? Did you HAVE TO sign to receive the delivery ? Or was it left in your mailbox/door ?

like

Any insight on getting MBA from mendoza as far as prospects for transitioning into a post-mba strategy consulting role? It’s ranked outside the top 15 but from research seems like it still sends plenty of grads to top consulting firms (not MBB)

likefunny

Any one thAt does per diem on here?

Is getting a Job opportunity in US/UK with visa sponsorship possible without having any overseas experience? I have 3 YOE in recruitment, recruitment operations and HR operations. l also completed MBA from Pune India.

like

Not in IB or ER, but I have to ask (per CFA study), how common is it to run in to troublesome pension accounting issues? It seems like most companies have/are going the way of DC plans and away frm DB

like

What is the best gift you got as a new parent? A coworker just had his first kid and went on paternity leave. I just started with the team but offered to send him a gift. Partner is paying for the gift. I don’t have kids and have no idea what would be helpful either now or once he comes back to work as a new parent. Appreciate any ideas!

like

I’m a newbie in investments fresh out of grad. ACN doesn’t match until after i hit my 1 year at the firm. Is there a point to contributing in my 401K now vs wait until they match next year? TIA!!!!

like

MBA grads of spring 2020 - how's life and how much are you making?

like

Hi fishes. I am social work professional with 6 YOE in international NGOs. I am looking for opportunities in CSR / INGO /Consulting firms / Impact organisations. Please share if there are any leads. I have worked in Education, Skill development, Child protection, Health and Adolescent and youth empowerment domains. Preferred location : Bangalore, Mumbai

like

Additional Posts

It’s starting. Anyone selling their stocks, investments yet?

like

It doesn’t take much effort to be nice to people!

like

For anyone with a child less than 5 (therefore unvaccinated) who has had Covid, how long did their symptoms last?

like

Has anyone left Big 4 for MBB and regretted it? Why?

like

Currently an MBA student at M7, and already have a PhD in ChemEng. No prior consulting background. What would be good firms to target and any preferred ones for good work life balance?

like

Does the average Big Law associate have their own office, shared workspace, or some sort of cube?

like

Any thoughts on Skadden Chicago v. Sidley Chicago? Transactional at both

like

Curious, what's the largest work expense you've ended up taking the hit for? Why weren't you able to expense it?

like

Does anyone have the inside scoop about what it’s like working for Verizon’s in-house creative agency?

like

Single ladies - how much do you spend per month outside of rent? And how much is rent?

like

Has anyone else noticed that their posts get a default like but no notification to go with it?

like

Got Mike Evans for Joe Mixon and DJ Moore...how did I do?

like

Has anyone ever had to pay to go to their on-site if they were located in a different city? Wondering if this recruiter doesn’t realize I need to fly to meet them or is expecting me to pay...

like

Hi I'm CSCP certified supply chain consultant having experience of 4.5 years looking for any relevant opportunities, could anyone refer me?

like

Don’t judge me, I’m just struggling this year. Mother’s Day Gift ideas?

like

Can you be referred twice for multiple Deloitte positions?

like

TFW your SO texts you at 5:30pm like "you still at work?" And I'm thinking "Huh? It's only halfway through my work day."

like

Anyone else constantly feel like Sisyphus 🔮🚶

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

Get realtime notifications and see
what's happening in your industry
from the palm of your hand.

For account settings, visit Fishbowl on Desktop Browser or

General

Legal