Currently a senior auditor at deloitte with 6 yoe - looking to change careers as I want to get out of audit (considering finance, consulting, or another path but leaving it open). wondering if paying $200K+ for a fulltime 2 year mba is worth it? At my experience level would a one year mba or a cpa or something help me transition to the same potential career paths?

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One year MBAs are a waste of time and money for 99% of people.

Do an in-person (not online) 2-year MBA or skip it.

You aren’t even eligible to apply for many MBA hiring pipelines with online or 1-year MBAs, or if you are they’ll take the resumes and shred them.

As far as timing - I did mine in my 30s, and still got great ROI - went from comp of $120k pre-MBA to ~$240k post MBA. It may have taken me another decade to climb the ladder enough to achieve that salary without the MBA, and I’m much happier in my new field (consulting)

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@VP1 which T25 school did you go to? I’m also looking to do part time mba with a program that treats their PT and FT similarly

Depending on the type of finance and consulting you can make that switch without going back for MBA.

At the same there are certain types of finance and consulting that you really need a 2 year MBA to make the move because the internship pulls a lot of weight

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I went back and got my MBA online, it was only 18,000 over 2 years at the University of North Carolina Wilmington. I worked full time and paid cash as I went. I dont think 200,000 dollars is a good investment for an MBA however less than 40k would show a good ROI

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I will say that online MBA will shortchange you a bit IMO. You'll be missing all the in-person support and networking you get plus classes are abridged somewhat. I'm about to finish up my online MBA (necessary due to work and family needs) but I would have done it differently if I could.

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