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Guys there’s this boot camp that I came across that trains people to get jobs in Top consulting firms and has a fee plan wherein you pay once you get placed. I just wanted to know if someone here has any experience with this ?
https://docs.google.com/spreadsheets/d/e/2PACX-1vQuKa3k-rG3emxJcfbidCjC0Su85E_BKqW9cTeFZMY4xg4LnUVxOLrpcETqf7d-iEePlFh6lJ1knwwD/pubhtml
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I’m similar, 30 yo, love learning, haven’t come from a business background, feel window of opportunity is closing and really want to do an MBA. But have recently made the decision not to go (perhaps I’ll do an exec one later in life) and I’m at peace with it.
Main drivers: it wouldn’t accelerate my career as I’m already at post-MBA level at McK. It was expensive, and only way to pay off is to work at McK 2 more years after which is in baby making time and I can’t imagine anything worse than popping out babies whilst being an EM. Realised I’d accelerate my career more by working these two years (particularly pre-baby years) along with saving more money to be much more comfortable.
I.e I don’t know for sure what direction I want to take when I’m out, which financially seems silly to make an investment this large without a clear expected outcome. Additionally, I’m engaged and plan on paying for a wedding and house within the next few years, and can’t imagine piling mba debt on top of it.
But? I’m 31 and feel like my window of opportunity is closing..
Am I being unreasonable in wanting to go? Or avoiding going?
Side note: since I mentioned my age, I should also mention that I took time off during undergrad and graduated later than my peers, making me older than most around me/at my level
I was in a similar situation, started my mba program almost at the same time i got married, and plus purchasing a house at the same time. But i had not much to lose. My pre mba job paid very little so i knew i could expect a reasonably high ROI quickly. That ended up being true, as i doubled my base salary upon graduation.
Also, only target T15 / M7 programs, outside of this the risk will be too great.
Finally, do not underestimate financial aid available. Lots of top programs offer some assistance. I was excited to find out that i got half my tuition covered through a grant on both of my years that was not merit based. Significantly lowered my pain on student loans.
Best of luck
How did you find this grant? I got into my top school but I’m trying to figure out how I’m going to fund it now.
Those reasons are....
Ooof that’s a lot of money potentially being spent in the next 2-4 years l. Besides learning do you have any idea what you’d like to do after? Stay in consulting?
I specialize currently in change management, organizational behavior, and want a program that focuses on this. Im not against staying in consulting, but if I did I would expect to move to a new firm with a significant promotion. Otherwise i would definitely switch to industry
I was lucky for my MBA, GI Bill covered it. So take what I say with a grain of salt from a cost perspective.
That said I felt the same way you did. Ultimately, I did it at night and while that was a rough 3 years, I would never change that choice. If it's really important to you then the time and money can be worked out but that's your decision to make with your SO. S/he will be impacted as well. You likely dont need an MBA at this position in your life.
Are you ambitious or do you just want to get married and have babies and stay at a lower-level role? If you’re ambitious, an MBA opens doors you’re not even aware of now. You’ll increase your earning power and options for bigger jobs. And, it makes you more attractive to future employers if you do decide to stay home for a bit after kids. But, really, it depends entirely on your ambition for your life. Plenty of people don’t want to climb ranks.
I think staying at McK is going to be better than doing an MBA then ending up at Deloitte...