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You’re young. I would stay with BCG and get the MBA sponsorship. You have tons to time to explore other opty later.
Pwc1 Sorry I’m struggling to follow. Are you saying I should take the other offer and then potentially self pay for an MBA if I have savings?
MBA from M8 offers lot of security and growth trajectory
Thanks Director, helpful!
You’ll need to go back to BCG for 2 years after your MBA too. If you found something you’re excited about outside of consulting, don’t think it’s worth postponing to get the MBA paid for.
Plus you’ll be able to use your MBA to pursue different careers / pivot, which you wouldn’t be able to do as a sponsored consultant.
Yeah this is fair. I do like BCG a lot, just find this other opportunity to be even better. Is it possible to switch out to other roles after an MBA when I’m a PL at BCG?
Highly recommend pursuing the other job opportunity. You will only become more risk averse as your career goes on. Now is the time to do something higher risk that you are interested in. Also, if you crush your GMAT you can still get really strong scholarships directly from MBA programs. I went to an M7 (was not at BCG pre MBA) and got a full ride scholarship. It’s possible, even if you don’t get a full ride you can definitely get substantial scholarships. Coming from BCG as your first job, I trust that you will have a very compelling application when you are ready to go back to school
Again, I went to M7 and the school gave me a full ride scholarship. Zero of it was need based. I worked in consulting (dif firm) pre MBA, so was not hurting for cash. I have seen and had classmates that were non-US citizens that also had big scholarships, some full rides.
My point is that you should follow the career path you want to, and not base your decision off of mba sponsorship so heavily. Especially if you want to try somewhat earlier stage things, the exit opps are not much better than what you are looking at now versus getting an MBA, becoming a PL, then looking to leave for a company that’s quite early stage. You then ate up 4-6 more years getting to roughly the same spot you’re considering now or not one materially different. for context, I am a PL looking at potential early stage companies to exit to. Generally speaking, they aren’t offering total comp between base and bonus that is at par fully with even PL1 because it’s about the risk you take on the equity. Take the risk now instead of later. You can always go back to consulting