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Depends on your current $$ and role. What you think your post mba $$ and role will be. Or if you need a break or need school as a means to pivot because you don't think your current experiences are enough.
I’m headed to an M7 this fall. For me, it was the chance to build a stronger network, the fun, and the hope that down the line this decision helps me get somewhere I wouldn’t have been able to get to without the mba.
If you take a short term view on it, it’s almost always an absolutely bad decision for most of the people on this bowl since mostly everyone is making post mba comp or are a promotion or two away from it
And of the 13 alum of my school I chatted with, only one of them claimed the mba didn’t help his career at all because he would have gotten to where he was… with or without it. The other 12 all said it was totally worth it for them… 4 were big time career switchers and they were probably the biggest supporters
Average ROI is 5 years, inclusive of foregone wages.
My math worked out, was making $110k before. But I’ve realized the value wasn’t in the dollars, it was in the incredible experience that continues to pay dividends. Your life isn’t only $$$$. Keep that in mind
Right now, I’m at $125k total comp. Senior at EY. Less than 2 years FT experience. MS degree (from a 5-year undergrad to grad program). With the intention of exiting to a role with TC inching toward $185k to $205k (hoping for something in the product space).
For what it’s worth OP, I’m currently at ~220k total comp and am going for full tuition anyways. I am first gen and my parents are pretty blue collar
Every thing has its nonperfect timing. You just have to trust the process.
I have a slightly different professional masters- but in my program most people worked while they were in school. I was able to pay my way through the program and graduate with zero debt. It was a bit of a grind but absolutely worth it. I got a new position afterwards that will return my investment in a year and a half. As long as you don't go into wild debt, I think it's absolutely worth it.