At which salary level do you see diminishing returns/low ROI for pursuing a full time mba?

I'll be 29 years old next year, but I'm at BCG Plat making 190k-220k. Is it still worth trying to get into a top MBA program or is the opportunity cost for lost salary and time too much to justify a MBA? Would an eMBA/part- time MBA at a M7 be acceptable at this point - just worried that it isn't as "prestigious" as a full time MBA.

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Post MBA pay won’t get any better and opportunity cost will be close $500-$550K for 2year full time degree. You should be chasing the degree only for network or for a new career start.

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From a purely financial perspective, it is not worth it.. if you want to pivot to something else or see intrinsic value in the experience, worth considering

likesmart

Would u say it’s necessary for pivoting to PE or VC? What about if you want to jus stay in tech ?

You’re in a great place to evaluate this since BCG core is a top outcome for M7 students.

likesmart

Personally I plan to take that half million in costs (real salary and opportunity) to open a franchise business.

likehelpful

No difference in prestige as you get the same degree in either program. For what it’s worth, I think EMBA was a great choice for me

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Full time or bust. Worth it depends on whether you need it for your next career step / how much you value a 2 year break.

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If you mean prestige for on campus recruiting then sure. If it is long term prestige I don’t think it matters

In 5-10 years no one will know or care if you did FT or Exec or what, it’s just a degree.

If you want it for the prestige or the degree itself or whatever other reason that’s not salary growth, do what’s easiest to get the degree

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You can benefit from an MBA.

People with great backgrounds get better offers post MBA. Check LinkedIn. It’s not like your pre mba experience is ignored.

Besides, it’s once in a life time opportunity to learn, have fun and network.

funnylike

You shouldn’t

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Also interested in this. I'm at $230 TC. I feel like a full time MBA doesn't make sense since the tuition plus opportunity cost is about $0.5M but a part time or EMBA might make sense.

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If you break into a PE firm it might be worth it. Just start early and only go to HWS. I saw a lot of people convert from top tier consulting/IB into something like that. Just know you are competing for the most elite sections of companies and competition will be stiff but looking that those people it seems to be worth it.

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600k tc ; join a fund you have experience for the particular industry it specializes in

Look into top tier 1 year programs like Kellogg, NYU, Duke if you plan to stay in consulting

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If HBS, Stanford and Wharton are in your hand, I would recommend to take it. The network has a huge value in long term

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No such thing as part time M7 MBA FYI. There are some EMBAs though

IBM1 talking out of their @$$. Source- me, who got a PT MBA from Kellogg (and was accepted to Booth’s PT program as well)

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