I started a new role in BizOps over the summer at a late stage FinTech startup making $150K base ($15K signing bonus) and stock options. I previously worked at a T2 consulting firm and went to a non-HYP Ivy for undergrad. Have 4 YOE (will be 5 at matriculation)

I’m debating whether I should pursue an MBA. Long term goal is entrepreneurship / FinTech for developing economies. I don’t think I’d want to go back into consulting and I don’t think PE/VC is very feasible either. Any thoughts?

likeuplifting
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It's easier to become an Entrepreneur when you don't have a mountain of debt over your shoulders.

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I’m very lucky that my parents would pay for the MBA in full if I do pursue it. Though I’d hate to make them out for something that isn’t as useful as we’d all make it to be

I would also evaluate how well you think your late-stage startup is going to do. If there’s still significant growth in the business (and for your career), might be very good to stay. 2 years away at b school could be 2 promotions. 2 years of stock vesting—which could be a huge opportunity cost when you leave.

likehelpful

^this - don’t doubt the power of a scaling startup. Promos + growing equity are huge in the long run on tech/entrepreneurship careers.

likehelpful

I would say the best reason in your situation is if you wanted to pursue entrepreneurship now. Business school gives you the following:
1. Network
2. Time
3. Backup if nothing works out

In the grand scheme of things, the above aren’t huge advantages to b-school for a entrepreneurial career either, most ppl do it without for that matter.

If you keep up in the tech/startup world there is little reason to do an MBA.

helpful

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likefunny

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