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Rising Star
The only MBA effect that I am aware of is that if you’re an MBA hire everyone assumes you don’t know sh** about f***.
M1 I’m in a similar position as you, although I’m 30 now and a couple grades higher but looking to pivot careers following my mba.
Sorry for my ignorance but when everyone says MBA are they referring to a masters in business administration?
Rising Star
Yup
I know a fair amount but considering doing an MBA before I move into industry or in industry if the company will pay for it. Otherwise cba.
Every industry job I’ve looked at would like it and usually won’t move forward without it or without the drive to do one whilst employed, especially if you want to get to EVP and above
Is it really a life time tax if you dont have an MBA?
In the early days of one’s career, sure. But after a while, signals are just signals, you need evidence from the work place that your mba means something. My question is more around when is this “while”? Around how many years of work experience when this signal start getting competed by other signals that people build up in their careers through other paths?
Is it around 7-8 years of experience in total?
I think the answer is it depends. I don’t think you can get a hard timeline here.
Pro
MBA gets you in the door sometimes but it’s rare that you need it for that. They don’t give you YOE for time spent studying for it. The real effect is the debt/lost earnings.
Tbh, after a few years, it’s just implicit signaling. People make quick judgements of others and one of the easy signals people have is what school you went to. If you did an M7 MBA, some people might give you the benefit of the doubt a little more readily. Others might assume you’re an arrogant *** lol