how much liquid capital should i have for a 2 year MBA program ? Is $90K sufficient for two years in philly? Trying to determine if i am good to stop saving and can go back to investing my pay checks into my brokerage account

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

Depends on if you are living in center city or not which I think most mba students do. Even then 90k should be plenty unless you blow it all partying and traveling

like

I live in Philly if you want to chat about living expenses and such via dm (rent is different here depending on the kind of building you’re in and the area)

like

Rent will be the primary determining factor here. North of 2 grand and things could get tight

like

Didn’t go to Wharton but to a comparable school and $90k wouldn’t have been enough unless I did zero travel

I spent on the order of $150-200k (excluding tuition) during my MBA (M7) - did all the trips and traveling and whatnot and don’t regret a thing

So assuming no scholarship, $200K living and trips + 140k tuition + 300k lost earnings. Seems people must come from wealthy backgrounds to justify an mba nowadays, especially without guarantees of MBB like the old days of m7

like

Related Posts

Hello, looking for a bit of advice. I have applied to about 30 positions in the last two weeks and have not gotten any interviews. I have 7 years of military supply chain experience, plus a year and a half outside of the military. I am an inventory control manager currently, and have applied to positions like demand planner, supply chain manager, supply planner, and other manager positions. Any advice on how to correct my job search?

like

Hi folks, how is ZS Associates in terms of wlb for software development track

Is onsite easily available or we need to wait for years in a project?

My offered designation at ZS: senior Software Engineer (associate Consultant role)

ZS Associates

like

Hi All,

Can somebody suggest a suitable openings in finance (preferably financial planning and analysis). I have just completed my executive MBA in finance. However, I do not have any work experience in the same field and is looking forward to switching my field from healthcare market research to finance. I have also completed post graduate diploma in business analytics from IIM Indore.

like

Hi Everyone,

I having below offers in hand. Please guide me for a wise decision in selecting a company

L&T - 10.5 LPA
INTELLECT DESIGN ARENA - 8 LPA
EMPOWER RETIREMENT- 10 LPA
FUJITSU- 11.5 LPA
TEKIZMA - 7 LPA

CTC is not a matter. I need good learning, WLB and good culture.

like

Question: Girl friends parents finally came over for a ristha. Everything went great or so I thought but now she wants to time to think about moving forward. The pain point she brought up is that we are in different states and she is feeling pressed. Although in that time she has started communicating less and I literally had to beg her to get on face time. My gut says she wants to end it but unsure. Any advice ? It's been 2 weeks since this event

like

Actively looking for Co-op (Summer 2022) Data Scientist and Machine Learning engineer position.
Skilled in Python programming, SQL, GCP, TensorFlow, data visualization etc

like

Hi everyone,

I’m considering a certification in Lean Six Sigma. I’ve been a physical therapist for the last 10+ years and am looking to advance my career possibly into healthcare informatics or management. Is a Lean Six Sigma worth it?

There’s a lot of website and organizations that offer it with varying prices. What is the difference?

like

Barclays global service center I looking for a job a Cash application and Invoice processing. I have total 4 years of experience and currently serving notice period 25th Dec is last working day.. Could anyone please consider my me for the open position..Tata Consultancy ZS Associates EY India Capgemini Barclays global service center Barclays KPMG India

like

I have passed the nagarro online assessment test, when can I expect the call from recruiter , it's already 2 days now.

like

Anyone participating in DADI coin crowd sale? Why yes / no?

like

Why is it that attorneys always feel the need to file a TRO/preliminary injunction at or slightly before 5:00pm on a Friday, especially when they could have filed earlier. Do people really think that this type of gamesmanship does them any favors with the court?

like

Do most firms start reporting years in September or January? Prior firm did an August year for counting hours and then another did January (both Amlaw 200). Looking at an Amlaw 100 to lateral in the fall (so trying to anticipate how much of the year I’ll have). I’ll ask what bonus/reporting year but just curious if most follow the same.

like

Can someone advise how zensar company is, location Pune

like

Folks
Need some suggestion
I have got an new project with new technology in notice period.
What's should I do to survive the notice period.
If possible how to get release from it
As they are not interested in me for training and transition.

What's the market for mid-level UX designers (3-5 years YoE) in Austin, TX? I'm thinking about my next role and wondering what TC I should be asking for.

like

I am expecting an offer from Master Card for Senior Software Engineer position in O Fallon MO. Please let me know what kind of base salary I can expect with 11 yrs experience . I don’t wanna undersell but also trying to avoid being aggressive but quote a decent number which will be achievable. Any suggestions will be appreciated. Is 125k $ base a fair value for or I can pitch higher? They have a 15 to 20 % bonus on top of base pay and a 10% match on 401k which the recruiter keep highlighting.

like

Hi all. I’m finishing up school and looking to start applying for jobs in tech, I’m going for computer science, what range of salary should I expect going into this field?

Transitioning from law firm life after 6 years to corporate counsel in house position. Any good book recommendations to read before transitioning over?

like

Posting here bc this bowl skews toward consultants. I'm considering a strategy consulting-like role. I have assumptions, but want to validate realities. Any tips on books, blogs, podcasts etc?

like

What would salary would you need to have to feel comfortable paying 3k mo in rent in a HCOL (NYC) city?

like

Additional Posts in MBA Applicants

Does being LGBTQ count as URM?

like

Anyone get SOM invite?? How are y’all prepping for it?

like

How bad is it to defer acceptance by a year, but then reapply to other preferred schools next application cycle in hopes of getting a better offer?

like

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?

like

Boston people - I have a set of GMAT veritas prep books for sale for $50. DM me if interested.

like

Should you have your recommender mention specific future career titles in the letter? My recommender did and I’m wondering if its okay to ask to them to leave it vaugue as my essays are slightly diff

like

Pros and cons for LBS/INSEAD Vs US B-schools?

like

If I want to apply R1, when should I request recommendations?

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

Kellogg, Booth, CBS, Haas, SOM - please rank for someone looking to return to consulting but stay in healthcare long term.

like

I see a lot of the applications state that (in the event you can’t take the GMAT due to COVID) a minimum GMAT score will be required if admitted as stated in the admissions letter. Any guesses on what a minimum GMAT score would be for M7?

like

What additional (not public) information can you get from schools once admitted? I’m thinking detailed recruiting data not published in the employment report

like

I got an offer from HBS and Wharton last year. GMAT: 740. Background: male, top 20 state school. I was at big 4 at the time. Applied R2. AMA. Good luck to everyone!

likeupliftinghelpful

Chase Reserve just upped their fee to $550. I’m starting my MBA this fall - is it worth keeping the card?

How bout them Washington Football Teams!!!!!!!

like

How much do you make during summer internships for Consulting, Big tech, startup, private equity, corporate?

like

Will CBS let me know if I don’t get merit or need based aid?

like

What are thoughts on Rotman with $$? Debating between that and just wait another year for T15. International student looking for jobs in Canada, 720 GMAT, 3 yoe at big 4

like

How many investment banks recruit at Booth? What’s its placement rate into IB?

like

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?

like

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