Is an MBA worth it if I am already at McKinsey and went to a top 15 undergrad?

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Might get you into Deloitte if you can get into Harvard.. maybe..

likefunnysmarthelpful

it depends.... if you work at McKinsey you should have known this answer was coming 🙂

likefunnyhelpful

HSW yes. M7 maybe. Anything below no.

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Another way to look at this: how much will a 2 year hiatus impact your long term earnings? In the grand scheme of things it’s a drop in the bucket for 2 years of priceless memories + a wide network (sure you have your undergrad network. The MBA 2x it). By looking at it just in the view of the 2 year opportunity cost it’s a bit short sighted

Folks who went to MBA will always tell you why they went, and folks who didn’t will always justify why they didn’t. Both will be biased because they want to prove to themselves they made the right decision. (As you can tell I got my MBA 🙂)

likesmart

I hear you. The time horizon I’m looking at is not 3 or even 5 years. I’m talking 10+ years when everybody becomes partner (or equivalent level at another org). Sure, going to get the MBA means your BA peer is now a senior EM (or even AP) by the time you return to the firm. But in 10-15 years? Pretty much a wash. The person spent toiling away 10 years consecutively had no real break and you can argue that MBA memories are priceless in a lifetime.

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It depends on what you want to use the MBA for. Don’t get an MBA just to get one.
If you want to pivot to a new industry- yes
If you want to get promoted or get a pay bump quicker, (analysts to senior consultants or equal for ex.) Yes
If you want to take a 2 yr break from consultation(yes people do this.) yes

If you can identify a tangible reason/benefit that will offset the sacrifice then go for it.

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I would say no. Do a one year Masters in computer science or something like that instead.

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What do you want or expect from the MBA? Network, career change, education, fun time, travel, friends, an SO, branding. Then consider whether it's worth the money and time for you.

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Depends on which Top 15 undergrad. For instance, I went to Vandy ( number 14 according to US News & World Reports) and loved every minute of it. Still, most of my classmates who were MBB out of undergrad still took the HSW route. It just gives you that extra pop if you didn’t get one of the good Ivy Leagues for undergrad.

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It really depends what your goals are. I went to a top 10 UG and was at Bain but still went bc it worked for my career goals, FWIW

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Might as well if you're sponsored. What's the downside?

2 years of lost income

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Where did you do your undergrad?

Ouch. I went to W 😅

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If they pay for it

Really depends on why you want to go.

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