Related Posts
More Posts
Good to see movement in LINK 🐢🐢
New to Fishbowl?
Download the Fishbowl app to
unlock all discussions on Fishbowl.
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
Sign Up to see all discussions
- Discover what it’s like to work at companies from real professionals
- Get candid advice from people in your field in a safe space
- Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.
"" is an unusual email domain. If correct, please proceed to the next step
Messaging rates may apply
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
New to Fishbowl?
Download the Fishbowl app to unlock all discussions on Fishbowl.
Share
Embed this post
Copy and paste embed code on your site
Preview
Download the
Fishbowl app
Scan your QR code to download
Fishbowl app on your mobile
Sign up for free to view this conversation on Fishbowl
Sign up for free to continue using Fishbowl
Messaging rates may apply
Same bucket here, minus the MBB ~prestige points~
I think I can make associate partner in 3-4 years, based on other outcomes in my practice, and I'm 4 years out of school. I have no inherent desire for an mba, but I do wonder if that would limit exit opps. It's a weird setup:
GOAL
Make associate partner
NO MBA AT ALL
Does this limit my exits? Will there be VP level jobs I'd want to be in that would require an MBA (product focus here)
MBA NOW
Slows me down from reaching my goal. Is it even necessary?
MBA AFTER AP
Could possibly do this debt free, but the ROI would be less than ideal. If I decide I am burned out and leaving consulting, there's probably a pay cut, at least for a few years. I'm on the old side for my class for full time, but rose quickly and might be questioned about my merits by an EMBA cohort.
Tempted to just not? But then, it does sound a little fun?
I’m in the same position - from what I’ve heard, the financials are not going to add up (you already make post MBA money and aren’t going to get the huge raise to make up for the forgone wages and expenses). The one exception to this would be if you want to get into IB, PE investment side, etc.
The reasons to get an MBA are:
1) fun / lifestyle - take a 2-year break, travel, make new friends, and build a network; this is superficial but from what I’ve heard if you continue on the partner track can be priceless / one last hurrah
2) change of industry - if you decide to dedicate yourself to learn modeling to get into finance, you probably need an MBA
3) build resume - if you already went to a T10 undergrad then not as much value here, but having an M7 on your resume would make it look more attractive
Education wise have heard it’s nothing really additive, but it does help hone your soft skills (presentation, writing, etc.) just through increased focus and practice.
What makes things complicated though is that if you look at the resumes of most partners / C-suite, they do have an MBA regardless albeit it technically isn’t required for progression esp. if you have a top undergrad and strong career trajectory at a good firm but just food for thought.
Yes but that’s also a diff generation of partners. Wonder what young millenial/gen z partner resumes will look like
Wondering the same thing. On track to hit manager in a year
I’m genuinely curious because I never knew this hate before, but why is there so much hate towards KPMG. I’m at LEK rn, and I think they have a good group. Aren’t they also consulting bros like us?
It depends on what your career path is.
Decided I’m going for an MBA. 3yoe currently, 4 when I’ll start school
Financials are never going to add up if you’re already in consulting, which is an industry that doesn’t need an mba for progression once you’re in. Besides what others have already said, it came down to the experience for me. No other time in your life can you be in that environment, surrounded by ambitious people your age, living life to the fullest. I look at it as maximizing my life experiences as opposed to net worth. This is with the privilege of knowing that most top MBA grads won’t be financially hurting regardless of outcome
2 years off work. If experiences and network are the most important aspects of an MBA, then gotta go full-time. Also going part-time your life is going to be hell balancing school and work. Take the break. The finances will work out
I argue no
I’ve asked this question several times.
General consensus is no, unless Harvard/Stanford.
If sponsored, might be a good way take a break while still moving the career needle forward.
I personally want a degree that has the same value prop as an elite MBA does for non MBB (i.e., propels your career at the same rate of increase).
I don’t think that exists though. So, if I opt for an MBA, I likely am doing a dual degree and getting some rest. Not the best, but most I can think of