Is an MBA worth it from a financial perspective?

- 4 YOE at Accenture (T&O) and just switched to Deloitte (Human Capital)
- TC: $132 Base + $24K bonus opp
- 2x BS Engineering from small school (3.3 GPA)
- Only looking at 1Y programs in Europe (personal preference)

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Yes, an INSEAD MBA is worth it financially, especially if you will stay overseas.

likesmart

That’s presumptuous without knowing what he/she wants to do. It’s possible to make post-MBA money just by hopping firms, and that without the cost of the MBA or the lost year+ of income.

INSEAD is certainly a great program, especially in Europe, but it doesn’t automatically make financial sense to do it just because of that fact.

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If you plan to have a career in consulting then no it does not make financial sense, just jump between firms

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European mba will not open many doors in the US.

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LBS and Insead will open doors to MBB

It really depends on what you want to do post MBA - if it’s more consulting, absolutely no. You’re better off continuing to move up through promotions. It would only be worth it if for a complete career change: like VC, PE, IB... You can also switch into an industry, such as CPG, either with a start up, or a more established company... but this can still be doable now if you did relevant projects in consulting. Before you apply think very carefully about your post MBA plans and which schools will deliver on your goals.

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gsap?

What do you want to do short and long term? Geographically, where do you want to be?

Depends on what you want to do afterwards, not so much where you at today.

All of the above, plus it really depends on the school. Don’t just choose any. In addition though… keep in mind an MBA has many aspects that are very valuable but can’t be measured in financial terms. Especially if you go full-time or EMBA. You’ll get something (including great friends) out of it for life!

Can also do NTAP for a part-time, weekend, or online program. If your goal is to primarily get a business education, these are viable options that can expand your credentials.

European salaries are super low compared to what you are making now. MBB & big tech in London is only £85,000 per year at the post-MBA entry point.

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