Have deferred admission to an M7 MBA program. Given my situation below, do you think I should go for it?
1. Canadian
2. Currently in PE, prev did IB out of undergrad
3. Just closed on my first home with fiance, sizeable mortgage
4. Not sure if I want to relocate after, maybe to NYC (the school is in the midwest)
5. Want to do more or less the same thing after

Rationale for MBA now is that my ability to get promoted is dependent on ability to raise another fund which is 2Y away. Continued…

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

My WLB is good right now but I don’t think I’ll be happy with just jogging in place for the next two years waiting for something outside of my control to happen (closing subsequent fund) before I can move up. It’s been a tough convo to have with my fiance bc we are very comfortable right now and he doesn’t see the immediate ROI that an MBA would provide me. I should also mention I would likely do the 1Y program instead of 2Y. I’ve been deferring this admission for 4 years and it’s really now or never (can only defer one more year).

like

Will your firm pay for your MBA? I don't think it's worth it in your situation unless they do. You're already in a position that's considered a desirable post-MBA role

like

You are already in your desired field and in a comfortable role but an M7 program can also raise your salary potential. It’s just one year I say go for it.

like

As an MBA candidate who used to work in investment fund, I would say go for it. I learn a lot i my program and my network expanded significantly too. Also Canadian salary is much lower compared to US. So I would aim for the US in long run. Btw, are you in Toronto? I am checking investment job scenario over there. I am in Vancouver ☺️. Thanks

like

I didn’t know any M7 have one year programs.

But it sounds like a better investment to stay put especially if you’re not changing your career path.

You can also still move to NYC by changing firms at any point and get a sizable pay bump and change of scenery if that’s what you really want.

Uprooting your family after recently purchasing your first home so soon is small in the grand scheme of things but is probably another bad move financially.

OP I think there are 3 paths here. 1) your current shop holds your seat and allows you to return post-MBA. 2) you enroll into the program (honestly I’m more in the camp of 2 years) and recruit for another shop. 3) lateral to another shop and forego b school entirely.

I went to an M7 and my classmates that were looking to return to PE post-MBA did fine (that being said, the market today is very different). You just need to consider the expected value of all 3 options.

Agree with what’s been said. Also note that a two year program offers much more opportunity to expand your networks than does a one year program. Obviously even more opportunity cost there but something to consider in the equation

Related Posts

Is it appropriate to give your PL a gift (MD)? It was a promotion year to SM…

like

Mid level Electrical Engineer in the greater Baltimore, MD area making $115k base w/ $20k sign on bonus. No yearly bonus. I started this job in April of this year. 2-3 years experience. When I onboarded they told me to expect promotion to EE III in about a year. Performance reviews coming at the end of the this year and I’m wondering 1) if my salary is on par with what I should expect 2) how to approach conversations about raises and promotion with my supervisor. Thanks for any insights.

like

Oracle India Ye dukh kahe nhi khatam hota 🥺.

Oracle shares going down ....
Oracle

like

Any site you would recommend for good Kerala house plan ?

Hey all ,
I’m looking for a product manager role . I have approx 8 years of experience including my MBA. I have about 1.5 years of experience in a hybrid role between customer success and product. I additionally have approx 4.5 years of experience in retail and e-commerce marketing roles.

Does anyone know of any open roles within their company I could apply for ? Would appreciate any leads.

like

What rates are people getting for condos? I’m thinking about selling my condo (I had 3.25%) but my realtor said that the rates are so high now that if I were to buy a similarly priced place, the monthly payment would be like $800 more. I’m bad at math, so I wanted to ask here to confirm this is accurate. Mortgage is around $700k

like

Are there any flexi benefits in the payroll management system to get the tax exemptions in BA Continuum?

Should I opt for online 2 yrs MBA from DY patil university? It is good or should I look for alternative. I am getting alot of calls from them. Please suggest. I have around 3 yrs experience in IT.

like
like

Seeking perspectives on career path. TIA!

9 YOE (6.5 in consulting, 2.5 in BU strategy and M&A). Involved in end-to-end process (incl. modeling) but processes largely led by Corporate M&A team. 3 tuck-ins completed (all in 2022).

Options considering:
1/ Continue current path, stack more deal experience, strong chance of Director promo in 3-6 months
2/ Don’t wait, just jump or apply to other roles
3/ Study and go back to grab MBA (considering MIT or Stanford MSX - 1 YR)

TC: 175K (…low)

like

hey, I joined Deloitte in June 2020 as an GPS SA analyst, I just staffed on internal project only providing me adjusted utilization. Now my standard util is 40 and my adjusted is 105... and this project last in another month... by then my standard util might be 20.. will my promotion be affected by this? My target promotion year on TOD is 2022. My manager said we might sell to client and extend this project in September but nothing guaranteed.

like

I’m scheduled for my PMP test in November. Is signing up for the PMI Study Hall prep plan recommended? What other study methods do you recommend to help with passing the test?

like

Hey Folks,

Need a couple of pointers before going for the salary negotiation round.

YOE : 6
MBA Tier 1, B.Tech Tier 1
Post MBA Workex: 3 years
Post MBA Work-ex: Strategy Consulting (Big4)

Current CTC: 22 (19+3)

How much should I ask from ACN for a consultant level role (L-9). Also, at what exp do ACN hire for L7 roles ?

like

Has anyone heard of The Next Step program at Dartmouth’s Tuck school of business? I’ve been Encouraged to apply

like

Best books about product management for a good exit to industry? I already have an MBA and PMP but looking for a refreshed perspective since it’s been years since my formal education.

Currently reading “Product Managements Sacred Seven” but it’s geared toward the startup world. I am in healthcare and not looking for a startup role. TIA!!!

like

What are the recommended tax saving options apart from 80C, HRA & NPS? Any insights would be much appreciated.

like

I've been a government attorney for nearly three years now and have worked in the same office/division since I passed the bar. I've yet to receive a promotion other than two cost of living increases (in sum, a pay increase of 6k over 3 years). I know this is meager, but I'm mostly ok with it, I just want to see some recognition. On the other hand, it's hard for me to imagine negotiating because (given my inexperience), I don't feel I'd be able to do better anywhere else. Any advice?

like

Any good ETFs to invest Roth into?

like

HYSA anyone recommends?

like

an someone please suggest me good keywords that needs to be there in resume for a person like me having 4+yeras of experience in Procure to pay and RTR profile. Plus talking about other factors I have done my full time MBA and looking for job in finance profile.

Also Any reference will be highly appreciated.
YOE-4 yrs

like

More Posts

Websites for good non-stock-looking photography? Looking to revamp my website and social media pages

like

Has anyone dealt with a construction contract that has a “changes in the work” clause, requiring written notice? For defense purposes, did you use that as a defense and/or counterclaim? Any supporting caselaw?

like

Senior attorneys at v100, how common is it for attorneys who start at small firms to lateral to biglaw? Have you worked with any? Conventional wisdom is always that if you don’t start there it’s hard to “trade up”. My coworker and I just did it to two different great v30 firms, and I’m wondering if it’s really that uncommon? Just out of curiosity. We’re not special counsel with special niche skills or anything, just associates. Pitfalls to beware? Positives?

like

Applied to Monitor Deloitte for SC in Corporate & Digital Strategy, currently in 'interview/assessment' stage, too late to grab a referral? Or can anyone help me out?

like

Let’s move out of NYC SF together lol . Maybe try LA ?

like

I have a younger family member (almost 13) who is very interested in cybersecurity. How can this person learn and grow in a safe manner if he/she isn’t near a city with youth clubs and etc? Idea is to reinforce ethics, but this material is far too advanced for the parents.

like

So here in CA there is a lot of talk about certain jurisdictions doing virtual jury trials. As a firm we won’t agree to it and if push comes to shove we’ll take it up on. Writ. What is everyone else’s opinion?

like

Has anyone seen any unique places to find UX portfolios or post jobs other than the usual suspects?
Some UX Slack channels were doing well for a while but I definitely don’t see as much traction there. Meetups obviously came and went. Even the portfolio sites like Dribbble and Behance don’t seem that same.

Citibank or BNP Paribas which pays well and is better in terms of work culture?

like

Any Financial Services or Construction Seniors out there looking for a change or better pay? Crowe has a ton of positions open, and competitive pay, can probably negotiate a sign on bonus. Willing to split the referral bonus as well! Really just need the help! DM me if interested!

like

Republican or Democrat... I think we can all agree with this 👇

Post Photo
likefunnyhelpful

Do you think Trump will win the general election if he runs again in 2024?

like

Has anyone heard of, or completed the course, How to Develop Your Emotional Intelligence by Victor Cheng…recommend?

What tricks do you guys have to keep you focused for bursts of time? I feel like as soon as I start something, I go back and forth between it and whatever else pops into my mind. Any suggestions are welcomed.

like

I pray everyone is settled in this trying time. I hope we maintain faith in God WHILE using His Wisdom at the same time. Remember we should not walk in fear/ paranoia. Take the proper precautions

like

I want to get my masters in HR, but I also want to get my phr.. is it better to get one over the other? Or should I do both. Are there any masters hr program someone can recommend?

like

How to tackle gap periods in IT interviews?

like

Hi Fishes,
Can anyone please refer me
Cisco for Business operations analyst profile.

Additional Posts in MBA Life

Any current MBA students on here? Any wisdom/things you wish you knew before starting??

What are everyone's thoughts on executive MBA vs. traditional MBA? I'm currently pursuing a traditional MBA but sometimes I wonder what could've been 😅

like

Many in my MBA program are hyper grade focused. Do grades matter that much post MBA for future job opps at all? My approach has been to balance academics with relationship building and practicing exec presence and for me, pivoting to a new industry

like

I’m a pharmacist and currently doing an MBA. I have only 2 YOE as a pharmacist and I’m trying to find a career path that will suit me. I completely regret choosing pharmacy and I want to reorient myself. Any advices as where to start applying? ( FYI I particularly enjoyed finance during the master)

like

Anyone heard back from Capital One for the MBA product management position? My application has been in progress for over a month and no news from the company. @CapitalOne

like

I'm trying to choose between IBM Corporate Strategy and Innosight. I like both opportunities. Innosight pays more, but I've never had a big brand like IBM on my resume. Additionally, I'm worried whether Innosight's exit opportunities are slimmer than IBM. Would anyone have some advice on what I should pick / how I should think about this?

like

Soon to be graduating from an MBA, and won't be able to attend a graduation ceremony or grad party - is it something life changing that I'll be missing out on?

like

Has anyone gone through BDO associate interview case study step ? I have my case study scheduled end of week and I am wondering if anyone has gone through it and advice how shall I prepare. The role is in capital advisory

like

Wishing everybody luck on their upcoming exams and finals! 🤞 Remember to take care of yourself during this time!

likeupliftingfunny

What is an online MBA program you would recommend?

like

MBA1s: Tell the recruiting market is bad without telling the recruiting market is bad.

Now go!

like

I'm curious, how much do MBA student ambassadors make?

like

Boutique or big 4?

I'm currently an ops manager at a big 4 in London and received an offer from a small boutique firm with 25-30% pay rise.

I'm also in the process with Accenture but I feel like I'm not sure if I'd jump just for the money but also change in environment.
What type of things would you be asking yourself if you were in my shoes and debating to jump ship?

like
likefunny

I'm about to start my part-time MBA. Already feel like dropping out...

like

I have recently joined EY SaT group as senior consultant recently in Netherlands. I’m tripple masters in MS economics, MBA and MS business analytics. Have 4 YOE in different industries but no M&A experience specifically. Any ideas what company should be offering me? I’ll be working as expert on commercial due diligence, FDD and valuation teams and doing automation alongside. is it wise to demand higher salary or promotion soon after I have proven that I can work and do it better than most?EY

likefunny

Is anyone part of Toigo? How helpful is/was it in your career search?

like

Can you typically negotiate post MBA consulting offers?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
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

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal