Feeling stuck. I have no savings, don’t come from old money, and want to change careers badly. Taking on a $100k loan is daunting given the market right now. But I genuinely don’t think I can pull off working while studying because I’m struggling my my current role and I want to focus on studying.

Anyone still taking the risk of taking big loans with no savings to matriculate?

like
Posting as :
works at
You are currently posting as works at

What expenses are taking away your ability to save?

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Nothing really. I make peanuts at D, paid rent in HCOL area, paid off student loans with all the cash I had remaining.

I’ll save some, just won’t save enough by the time I matriculate to live for 2 years without working to focus on recruiting, networking etc

Is it a top school? If so go for it. You have to take risks in this life and unless you have another plan to rapidly increase your income or land a high paying job I’d do it given it’s a top 25 program

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Living is expensive in my city. I’m worried I’ll get so low on cash I’ll have to pick up a barista job somewhere.

I’m also seeing SO many MBA grads talking about the lack of opportunities nowadays.

Is the extended tuition assistance still offered? I believe that went up to 100k and required a 2 year commitment afterward

Not in my member firm. Sadly.

What school and what is your post mba goal?

Have you looked into part time programs?

Yup

Related Posts

Hey Fishes,

Below are some of the positions open in my team in CGI across Hyderabad/Bangalore/Chennai, people can ping me for referral.

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Q’s for hiring partners and recruiters - you know that most associates quit their managing attorneys and not the firm/case. I’m in that boat. What do I say to a prospective employer about the situation of why I want to jump ship?

Very brief background - I’m a senior associate who has been on one complex commercial litigation case for over a year. Over time, the relationships between attorneys on the case have deteriorated to the point that it is affecting my productivity/work. I want out.

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An actual Attorney's work history on LinkedIn....
I feel this in my soul.

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likefunnyupliftinghelpful

I survived the cull and consider myself lucky for that.

Anyone who hasn't, please post here with your background and industry alignment.

I'm sure many others on here would be willing to put you in touch with personal contacts to help you get back in employment.

Now more than ever, remember that this too shall pass.

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Hi,

KPMG has mentioned in offer that they shall provide reimbursement for purchase of home computer for 1L once every 3 years

Is this right???

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Client's budget is around $300K and would like an apartment on the East Coast / New England. Thoughts on if this is realistic?

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Laaa laaaaaaa lala wait till i get my money right (just accepted a PE offer woo)

likefunnyuplifting

Anyone interesting consulting openings in Europe? Preferably healthcare/life science field.

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What is the present value of a government pension? How does one calculate it? Trying to get a sense of weather it's worth moving over to Federal.

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Man... I can be really unproductive when working from home. Any perspective on how to be more efficient when working remotely?

Is it normal for senior managers to ask you to cancel leaves or to nit apply leaves in EY GDS? My manager told in all hands meeting yesterday to not apply leaves during tear end. Won’t this become a hr issue?

like

Any recommended recruitment agencies to find a consulting job in UK and/or Europe?
If you can share your experiences, that would be great too. I currently work in the US.

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I have a senior business process manager interview next week, any tips? It requires 4 hour long interviews in which one is a business case study. What would you recommend while I am prepping?

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Corporate Johny Johny Yes Papa

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likefunny

bawaaa 20k+ members in this bowl.
😁

thank you all for being part of this.... ❤️

likefunnyuplifting

Admitted to NYU Stern and my post MBA goal is IBD at a BB at NYC. Should I consider this good enough given my goal?

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How’s work life balance in forensics?

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I am short ES as of this evening. We are right up against a daily short level and I am using this 15 minute entry in the afterhours.

To all the post-9/11 veterans, it’s a somber day that unites us all in the reason we fought. It’s easy to forget - especially with the younger generation having 9/11 be a history lesson rather than something they lived through. The waters became muddy with two wars and politicians, but you all stepped up and did your duty. Thank you all for your service, it’s an honor whether we crossed paths or not.

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Best recommendation of a nice restaurant in mid-town to take a client for Lunch?

like

Additional Posts in MBA Applicants

Where do we view Tuck scholarship info?

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Admitted to NYU Stern and my post MBA goal is IBD at a BB at NYC. Should I consider this good enough given my goal?

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Are we secretly being judged on how many of these admissions events we are attending / if we are participating?

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Had a phone call last week with T15 adcom inquiring if they had additional merit funds. Adcom said she would pass my name to scholarship committee and would only hear back if I was granted more aid. She did say she would follow up with me as we got closer to deposit deadline (end of month). Should I email her for a follow up or schedule another phone call or just wait for her to follow up with me?

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Does an MBA (US) make sense for me? Male, Indian, Age 32, Married working in tech consulting with 10 YOE. Base is $165 with steady increases and bonus is typically 15%. I eventually do want to cross the $300K threshold but I know stopping work for 2 years and getting and MBA probably won’t get me a $300K job right away. Becoming a manger in my current company/path will probably get me there in terms of TC. Also considering EMBA from a good school (Wharton Global, Duke, Kellogg, Booth).

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Anyone know what merit based scholarship options HBS and Wharton have?

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I had technical difficulties but was able to submit my Kellogg video essays 5 minutes after 5pm. I received notice my response was successfully submitted, but do you think my responses will be automatically disqualified given it’s slightly over the 96 hour deadline?

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Does anyone know what time of day Sloan released decisions last year? And if it was by email/portal/phone call?

like

My colleagues
Just to put some intro
I am 22 years after college experience and worked in consulting for 15 years and currently in industry for 7 years.
My long term goal is to go back to consulting more of a business advisor from a strategy perspective
Here is my question
Would MBA be any good for me especially looking at strategy side?
I don’t want to spend $200K and would probably go online MBA in a mid tier school. Are those any good?
Looking forward to your great input on this topic

like

R2 applicants, are you planning to send recommender gifts (if any) in time for the holidays or after the application deadlines in Jan?

like

Friend of mine just got a second interview with Boston Consulting Group (believe they only do 2 rounds). I am really rooting for her.

Anyone know if getting to the second round is a big deal? Or do they move a lot of people on and cut everyone after the second round?

Second round is next Friday, any tips I can give her?

like

Is it possible to get into HSW? Thinking down the line of applying - went to Princeton for UG and currently working in IBD for a not too well known investment bank. 750 GMAT 3.8 UG GPA.

Worried I just won’t get a look or judged too hard if I’m not coming from a top tier banking firm (messed up my summer internship and it’s haunted me since) - how much does that matter of prestige of bank vs the industry you’re working in and what’s the best advice in being able to go to HSW?

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Anyone here apply at the age of 25 with three years of experience? How did it go? Wish you would have waited? Is there a significant advantage to waiting a bit longer?

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If my UG gpa was within the range, but I had a D- in a programming class, would I be asked about it specifically?

likehelpful

Did you get an interview invite to Wharton? (Options in comments)

likehelpful

Anyone else looking at going overseas given the US is becoming unstable? Trump, etc.

funnylike

Is anyone else having trouble adding the First Day event on the Booth app?

Hey guys, need some advice. I was fortunate enough to get the Consortium fellowship at Ross but am also stuck on the CBS waitlist and am still planning to apply to Wharton in R3. Assuming I get into CBS/Wharton, is there that much of a difference between them to forgo scholarship money? For context, I want to get into product management at FAANG/fintech with pursuing MBB as a plan B. Thanks in advance!

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Anyone have experience working with Fortuna? Would you recommend them?

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Anyone had their Sloan interview yet? Any tips or advice?

like

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