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So you wanna go from revenue generator to cost center for 200k tuition + 100k+ forgone savings?
it’s easier to get debt for a student loan than a business purchase
Nope
Buy a business and then use the cash flow to pay for the MBA. It’s a little backwards thinking but it’s something I’ve been considering doing.
No shot
MBA doesn’t help with tech recruiting
Depends on which M7 and other factors
tech S&O wont exists by the time you graduate..AI
AI won’t be advanced enough to fully automate these roles. It will be used for implementation/software development before setting the direction/strategy of tech firms. To say that these roles won’t exist in two years is a significant overestimation. Maybe in 10-20 years though
Tbh depends which M7? Did you get into HBS?
M7 is never HBS lol. HBS is H/S
Depends what firm you’re at.
If youre at a crap consulting firm then yes. If not, then no.
You can get to s&o without mba.
I did it. Went from community College to state university undergrad and climbed to t2 consulting to corp strat.
Current 280k.
No debt on the books.
How much do you want to work IN tech?
If you are flexible then do it. I wanted to do PM and did a good pre-MBA PM internship but then saw the writing on the wall and pivoted, landed decent but far from top tech banking and I’m happy about it.
Also for dp, was at T2, did consulting resume drop, only got 1 T2 interview. It’s increasingly likely that you won’t get a prestige bump even recruiting within your pre-MBA industry.
Cuz it’s just like what you described - they are non-traditional. I’m a straight Asian male with a consulting background and there are many like me.
I didn’t put much effort into consulting recruiting - only did a total of 2 coffee chats with all those firms. Consulting tbh would be among the worst outcomes for me because the whole point of MBA to me is to pivot into somewhere hard to get in without it. I’m also kinda lucky cuz the DEI quota rollback in the finance sector put the final nail in the coffin for my consulting recruiting - it’s almost a no brainer to prioritize IB based on my profile.
I have both a Masters on IT field (MCIS) and an EMBA. My debt ceiling did not reach 60K and almost done paying it.
I would NOT advise anyone getting in debt at all! Much less getting a $200K loan + all that interest, that's not an investment.
Either get a sponsor or some sort of assistance, but in today's economy, look for a different approach. Also, if your University does not proactively get involved in getting you a well paid position (placement), I would not even consider that degree, they are not doing much to make you get an ROI! They demand a lot of money to pay for the "education", you should demand something in return besides the theory, you should demand a program that is actively engaged on seeking and getting you that professional growth! And do not spend your own money on it, you should go to another country that will pay for it if that's what you wish than waste your money on something that will not guarantee you a hefty income and ROI.