Did anyone regret getting an MBA?

I’ve been contemplating doing it since undergrad but never felt like it makes sense for me. I’m 27, getting promoted at work and have no plans of changing industries right now.

I’m just feeling a little FOMO seeing friends in MBA traveling the world, partying and making new friends. If I were to get an MBA it would only be for the experience and potentially the network (though I’m in Asia so I’m not sure how useful the network in the US would be).

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I was skeptical until my dad told me you can always earn more money, but you won’t get to relive your 20’s

likesmart

Everyone’s situation is different, I can’t say what you should do in yours

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I have yet to talk to people who regret leaving the job market for a full-time MBA, but I’ve met a half a dozen people or so at different schools who did not enjoy the experience as much they hoped or expected.
The expectation vs. reality tensions are often related to: the cost/unemployment, the grind of class, stress of recruiting, clique/drama formation at at school, difficulty finding a tribe, disconnect from reality, getting sick because students are reckless+nasty, and the pains of slow-moving large group travel.

It’s SOOOO important for people to be clear on their goals and what they want to take away from the experience (no wrong answers, only personal ones) and to talk with 2nd years/alumni to ground expectations.

It’s 100% okay to not want an MBA. Don’t forget about JOMO, the joy of missing out.

You can also consider part-time, online, or EMBA programs if you do want an MBA in the future. There are also some specialized masters and certifications that may help you focus within EYP.
Education is an industry and schools will always want your money lol.

likesmart

Anyone that were in the same boat (not changing work but a little bored of consulting and want to take a break a little) - did you regret getting an MBA? My biggest concern is the opportunity cost. I could be working and getting promoted instead of spending 2 years in school. Just wondering of 2 years of not working and learning would be fulfilling and worth it career wise in the long run

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Would you be sponsored? If EY pays for tuition then I think you could justify it more easily. Still an opportunity cost but at least you won’t be going into debt.

I also went for the “experience” and can’t say it lived up to the hype. IMO you can take 1/10 of the opportunity cost of school and go on some really cool, long trips instead. Unless you just really want to relive your college party days.

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And obviously those who never went aren’t easy to group and ask out of the general pop. So it’s a fair point SA1.

I just know for me, while it was a lot of debt, there was no other way to recreate the experience. Met so many people, did so many cool things. Was extremely unique and well worth the money

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It was so fun. You have fomo for a valid reason, you are indeed missing out

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Have you thought about other Master’s programs? I ask because I felt the same as you and ended up doing a different Master’s that was a 1 year program. Had a blast, definitely advanced/enhanced my career and overall body of knowledge/expertise, and spent not even 1/3 of the cost of an MBA. May not end up being right for you but could be something to consider

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Health and healthcare are my passion so I ended up doing an MPH from Johns Hopkins Bloomberg School of Public Health with a quant-heavy focus and a few business courses (though I should note that you can do a proper business concentration and train to go into consulting right after, but once I got there I realized I wanted to do more epidemiology/bio stats). It worked out perfectly for me because Bloomberg is #1 in public health, so it was well recognized and with my course experience and skill set I still got the jobs I wanted

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In the same boat as you. Have you thought about taking a sabbatical and traveling instead?

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