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Absolutely worth it. In a top 20 mba right now. Learning a greater breadth than I ever had working at the firm for 5 years. I started my own company in school, and am absolutely loving it. Plus when you factor in corporate sponsorship (65-130k) , plus getting time paid out for leaving (15k), plus signing bonuses on top of tuition (45k) plus scholarships, plus tax benefits, that can more than pay for the entire cost of grad school. So all you’re left with is opportunity cost of salary for 2 amazing years where you’ll learn a ton, travel a ton, and probably add a few years to life expectancy due to less stress. Definitely go get your MBA if you’re interested in all that
Top 10 MBA with recruiting can get you to 150K after 2 years. 2nd year of MBA paid for after accepting internship offer
That’s low AF, for SC. If you switch to a big 4 strategy group even without an MBA you could get 120k
MBA cost = 200k. No salary for 2 years = $200k.
Assume pay bump around 40k more after MBA. So it’s about 10 years to break even I guess but after 10 years, I’m not sure degree matters. If it’s purely for money, I’d reconsider. Just my 2 cents.
If you don’t get your company to pay for the MBA, even with a top program it will take you about 10 years to break even.
First year SC at 150k plus 25k signing. 100k in debt. Deff worth it!!!
And what’s UHY?
MBA is only worth it if you get into top program. Otherwise just do a part time check off the box school. It’s not worth going in debt and giving up 2 years of income to go to anything lower than top 15 (which nets you 140-150k salary).
Also, try to get your company to pay for it as top programs are like 50-60k a year.
^ that is the market rate...
Definitely worth it.
Does doing an evening MBA from a top 15 help? Be as good as a full time?Can’t afford to quit my job.
C1 when looking at Evening programs check with the schools career office to make sure they will let you participate in recruiting with the full time students. If they won’t don’t sign up
SC at BAH is the level you get after 2 years post UG. SC at Deloitte is the post MBA so BAH’s equivalent is Associate. Op, you should be happy at 90k at that level. If you want more money you don’t have to go the MBA route yet, go Commercial.
So sounds like SC at Booz is a C at Deloitte. 90k is a good salary for a C at Deloitte. It takes 4/5 years to get to SC at D
“You should be happy” is snarky. 90k is good at that level, you’re prob near the end of your pay band is what I’m saying.
Hell no. Not worth the time nor money. Don't even see opportunities. Any other license or cert you can go for to maje you more specialized? What's your major and year of experience in this field?
lol I was thinking to get MBA and my buddy works for ey told me not to...so my plan differed...
SC at BAH is second tier- yep, welcome to federal consulting.
@A1 How so?
Thanks EY1. I checked at Ross and apparently they do. They have a good weekend program that you can do in two years. Costs the same as FT two year program.