Is the MBB Sponsored MBA worth it?
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Hi all,
I have two campus EY Deloitte on the table from Deloitte Tax (BTS), and EY Tax (DSG). Both are located in the SF Bay Area. Deloitte is paying 2k higher base and a 2k higher bonus.
I have to make my decision by the end of next week, so I’d appreciate some input and opinions on which offer I should take.
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Hi everyone. I live in the SF Bay Area (Berkeley) and I’m currently working at the Apple Store. Does anyone know of any open roles at corporate companies that don’t require a degree? Or can anyone suggest necessary courses on LinkedIn to take that’ll help my resume? I need a more serious role that pays higher since living here is so expensive.
It’s not too ambitious but you might want to do some introspection to determine whether you really want to optimize for money. You’re likely to be very financially successful no matter what you do, so consider if it’s worth taking a few years longer to get to $1M/yr (or peaking shy of that number) in exchange for other things you value.
At McK, I don’t think the MBA is worth it, since you can get so much of what an MBA offers as a BA, without the additional time and opportunity cost. Whether you should stay in MBB or go to industry will depend entirely on what you think of the MBB experience, which you’ll know a few years from now.
Apart from PE there’s no other place that will get you to $1MM as fast as consulting
So unless that’s what you plan to exit to, if that’s what you want most, stay
An MBA is always worth it as long as it’s from one of the top-top schools, e.g, Kellogg.
If your goal is purely to make money then go into finance. MBB is good but not ideal for buyside so start prepping.
B school also gets you connections outside consulting. You may love MBB and ride it all the way to the partnership, which is great. But you may decide you want to try a startup or something else more creative, in which case those B school connections will be huge. Consultants are super smart but highly risk averse. If you’re looking for real wealth, taking a shot at a Fintech or something else innovative could be more rewarding both financially and personally.
I’m taking sponsorship because I want the business school experience. Think the dollars and cents will end up fine so not worried accounting for opportunity costs too much
MBA is not worth it purely from a career perspective if you're at MBB - in my opinion.
I am pursuing mba because I wanted the mba experience and a break from life.
It's an expensive endeavour due to forgoing salary so that's why I opted for insead
One way to lower opportunity cost is the 1-year MBA at Kellogg. You’ll still get the fun and connections and (in-year/part-time) internship opportunities without burning a hole in your pocket for 2 years and slowing your progression down. Bain also only requires a 1-year return for it.