I’m very unhappy with my job, but expecting promotion and 40% pay increase in 6 months. Also would like to apply to bschool ASAP. I am currently interviewing at a company that is more interesting...

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Always pick happiness. Money will follow.

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...and would make me much happier. I am concerned about missing out on promotion and pay increase/starting over at a new firm, and how the switch might hurt my chances with adcom at bschools. What should I do if I get an offer?

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Re: bschool, it all depends on how you tell your story. Also, you might love the new job and want to delay applying for a year. Or it might put you on a different professional path. Or there might be an opportunity for sponsorship. Either way the bschool opportunity will always be there, so don’t stress about applying a year or two earlier/later.

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Anecdotally, I dont know anyone who has regretted leaving IBM prior to their B7 (reading between the lines here) promotion for an opportunity. Can't speak to the bschool part though.

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Take new job, avoid bschool

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A 40% raise ? How much do you make $10/hour ?

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From another ibmer- promotions look good for b school. Consider waiting and applying to the cool company later. Just an opinion

If your new salary will be $130k+, then MBA would not be a great return financially.

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