{ "media_type": "text", "post_content": "Does anyone regret not getting an mba? For context, spent 2 years in T2 consulting out of undergrad, and left for a PM role at a unicorn. Comp is ~180k, with significant upside post IPO. I want to stay and vest my options, and potentially jump to other tech companies in a product function, but parents are asking me to think about an MBA. \n\nWill I need it down the line / regret not going back to school?", "post_id": "609ac4f661d7c8002a21574c", "reply_count": 66, "vote_count": 12, "bowl_id": "5988685d311f0a001042963a", "bowl_name": "MBA Applicants", "feed_type": "bowl" }
null

Does anyone regret not getting an mba? For context, spent 2 years in T2 consulting out of undergrad, and left for a PM role at a unicorn. Comp is ~180k, with significant upside post IPO. I want to stay and vest my options, and potentially jump to other tech companies in a product function, but parents are asking me to think about an MBA.

Will I need it down the line / regret not going back to school?

likesmart
Posting as :
works at
You are currently posting as works at
Highlighted IconHIGHLIGHTED

A lot of us on here are doing MBAs which is why we are in this bowl, so I think you’ll get some biased answers. I think the best thing to do is look at the folks in positions where you’d like to be in 5-10 years and see if they generally have MBAs or not. If yes, are any EMBAs or part time, or did they all do the typical 2-year full time? What tier school? For the ones that don’t have MBAs, what other experience do they have that sets them apart? Maybe even set up some phone calls to discuss their decision with them or their path to where they are now.

I am not a consultant but I deeply regret not getting an MBA. I am in tech and I feel my brain is not wired for tech. I do fine but I don’t feel excited. When I see my counter parts who have done MBA, their work is far more fulfilling and exciting. After mba every business sector and your choice of field opens to you. Like product marketing , finance, customer success, program manage, technical product manager, strategy, analytics... even the growth is exponential. Take it from a slightly older millennial your parents are right. I am now mid 30s and I am planning to get an executive mba. I don’t want to regret for the rest of my life.

like

You’re answering your own question my friend. We don’t have the context to your exact situation. You do. And given your responses, you’re dealing with FOMO, which is not a legitimate reason to do an MBA.

I don’t agree that the 180k current salary should stop you from pursuing an MBA. I make a decent salary. For me, it’s the network and growth potential. Additionally, the two years to reset and gear up / transition to my next phase.

like
Recent IconRecent

Look at the numbers. You’re worse off going for an MBA.

like

lol what? This is so misleading.

like

You don’t need an mba. Is this a serious question?

like

Don’t listen to your boomer parents

like

Gotta think for yourself my friend. Don't let your parents determine what your career path should be, using outdated information from when they were going through the ranks

like

This^

If I had a penny for every time my parents asked me to make decisions based on their own warped sense of “wisdom/experience” from an era where tech firms barely even existed...make the decision for yourself based on your experience and gut. If you build your career based on the advice of dinosaurs, it might end up like them (extinct).

Not saying do (or don’t) an MBA. Just saying do the research and make the call yourself and not cause your parents are telling you to do so. :)

like

I think you’re smart enough to crunch the numbers to know an MBA makes no sense for you. Also, any doors an MBA will open are already available to you. I also wouldn’t listen to folks suggesting exec or Pt mba’s either - they’re just cash cows for schools and provide minimal to no additional value
Take it from someone that did consulting, mba, and strategy then product in tech, you’re not missing out on anything. Unless you’re aching for a 2 year break from work, I can’t think of any tangible reason someone in your position should pursue an MBA

likeuplifting

@SC1 Stanford GSB has an MsX, which is basically an exec MBA.

Do an MBA. The people commenting don’t have one. Simple as that. Looking at comp post school doesn’t paint the full picture of continued growth down the line. You’ll be at a much higher trajectory with a top mba and you have to factor in intangibles like network

likeuplifting

You’re in a post MBA role, don’t do an MBA. At worst, if you really want that degree on your resume, do a part time or exec one. Please ignore your parents

like

Why do you day PT or EMBA won’t do anything? Pretty sure it helps you to grow in you current industry or job function. Plus the network.

Why don’t you wait til your company IPOs (assuming it’s soon) and then just apply to HSW, if you get in just treat it as a two year vaca and networking event, if not then just move on.

like

In a similar position, and have opted to stay in my tech firm until vesting/ipo. The upside is way too good compared to the opportunity cost of the mba.

Thinking is that if my NW grows significantly (>1MM) by my early 30s, then money will not be an issue and I will pursue an advanced degree for the education factor rather than tactical compensation needs.

like

I’m more curious where you’re working now and if they’re hiring

like

Do not do an MBA

like

Gotta make your own decisions here.
What do your parents know more about your specific goals, industry, trajectory, etc that you don’t? Additionally, I’m sure they came from a time when MBAs meant more. Are you sure they’re not just telling you to do it so they can brag about it to their friends? What’s their main reason to push for an MBA?

like

Not sure honestly. My parents are both immigrants, neither of whom have an MBA. I think they just don’t want me to regret leaving anything on the table.

like

At your compensation level and your role, I don’t really think the mba makes sense (unless you want it more for the experience aspect or your work wants you to get it for moving up). Remember that your parents generation is one where mbas were valued differently than how they are valued in today’s workforce.

I personally think an mba is worth it for the experience since at our projected income levels we probs wont miss the money long term. Could you wait till post IPO to apply? If you’re only at 2 yoe you have quite a few years to work before you’re older than avg for the top mba programs

How did you get your pm role? Was your comp 180k initially?

I just applied on LinkedIn honestly. But I did a lot of consulting work in tech / product strategy. And I just started at the role and the starting comp they gave was 150 base + 30 RSU break down (that’s doubled to 60 since latest round of funding). I’m fairly confident the company will IPO in a year or so, so I’m counting the 30 in my TC.

like

Related Posts

Hi
I'm looking for a job in any FMCG company in Mumbai.

Position - Admin assistant

Experience - 3 years

like

Hey fam. If you’re looking to get into MBB in West Africa, DM me. Happy to provide a referral. Cheers.

likeupliftingfunnyhelpful

What's the salary structure at Salesforce? Especially for PA. What are the other client facing tech roles at Salesforce for someone with 9 years of experience with Salesforce implementation.

like

How long does it usually take for PwC to respond to an experience hire application with an internal referral?

like

I’ve had about 7 years of management consulting (post MBA, top tier) and another 6-7 in Corporate Strategy, M&A and Bus Dev. Is going back to consulting an option? I welcome any words of advice

like

Currently a second year corporate/finance attorney. I. Hate. My. Job. Looking for advice on making a move—whether in house (realizing I might be too junior), government (what does that even look like coming from a corporate position?), or maybe something outside practicing like JD preferred jobs (what are these?). I need help! Any tips/advice/wisdom greatly appreciated. I want my life back and also prefer WFH to the extent realistic, but would do in office for a job I liked.

like

Does anyone know the average starting salary for incoming S1s to EY FAAS in the West region?

like

Last summer, I had three offers to compare when making a decision. Two were Director level, one was IC. Leading a team and TA initiatives are high on my list of priorities, but the IC role was for an impressive/publicly traded tech company and offered better salary + benefits. I lost a lot of sleep over the decision, and surveyed every important person in my life, and worked with a career coach. I made the decision to take the IC role with the big company.
Continued in comments

like

Dm for Accenture referral.

likefunny

If anyone needs a referral for Protiviti hmu

likefunny

Any openings for mtech freshers?

like

How long does it take to complete the EM/PM certification? Does the training hours estimate include your core training (HCM, Payroll, etc.)?

like

Is your salary as good as you expected it to be when you first decided to pursue a career in finance? Mine is at least $50k lower than I thought it would be by now.

like

Any 2020 M&A Associates interested in a position in Austin, TX? The position is unlisted with an AMLAW firm. Pay is top of the market. Likely not open to remote arrangement. Please feel free to DM me for details. Thanks!

like

Interviewing with PwCs salesforce practice. Apparently it's split into verticals by industry? Want to learn more about that/culture/comp/mobility. Anyone available to answer some questions?

like

I am looking for a new job but I have a disability that impacts me intermittently and has caused me a lot of trauma working with insensitive and biased management.

I'm usually a high perfomer but can have periods of inconsistency. I have a lot of accomplishments but I don't feel confident I could meet the demands of a people management role.

Would anyone be willing to review my resume or my LinkedIn to make some suggestions for a role?

like

Anyone at Fragomen or Berry Appleman can share some insights? Billable hour, salary, benefits? Bay Area.

like

For those in corporate development, investor relations, or strategy/advisory teams, what’s your age, title, base salary, and bonus?

like

Asking for a friend: Good pay for the level, top tiered bonus range, working FS Advisory on tech projects, but the middle management is awful, partners & staff are good. Only reason she stays is the..

like

Anyone here work for BCG Platinion willing to help out a referral process to their cyber services offering? TIA!

like

Additional Posts

Booz has more enterprise licenses to Tableau than majority of Big 4, yet we’re somehow “staff aug”? I’m sorry, are Parthenon, S&, Monitor all tax/audit because they’re housed under a larger umbrella? Course not. Every firm has impressive teams, stop generalizing.

likefunnyuplifting

Hanging out on a great spring day

Post Photo
like

Did anyone got revised offer letter from TCS after retention???
How many days it will take to release revised offer letter??

like

How long does it usually take for PwC to respond to an experience hire application with an internal referral?

like

George Washington National Forest

Post Photo
like

Hi folks I just started running and excited about my progress. I am wondering do you guys run wearing a mask? What other safety tips can you share? I usually only go super early in the morning or super late in the evening when there aren’t many people out and about.

like

Has anyone recently experienced any success in getting quick approvals for H4 and H4EAD applications for their spouses, so that we can avoid any job loss scenario? Seeing so many horrific stories of people on H4EAD having to leave their hard-earned jobs due to delays in renewal requests. If there are any best practices to be followed for speeding up the process, please share.

like

Everyone at the bar tonight is playing Pokemon Go. Is this for real?

like

Based on the tan line. Name the watch!

Post Photo
likefunny

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
Download Fishbowl to see what others are saying
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the Fishbowl app

For account settings, visit Fishbowl on Desktop Browser or

General

Legal