Coach
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Hey Everyone,
I am doing a part time MBA program and for one of the coursework I am trying to understand the challenges people faced while transitioning from WFH to Back to office model.
I've created a small questionnaire and will really appreciate if you can spare 10 minutes of your time for the same.
https://forms.gle/88RvEWMhGdbRN2ob9
Is B school a good idea as a software engineer?
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Fully remote agencies/studios?
Chief
Guys what is paytm kit???
Additional Posts in All Things MBB
Coach
McKinsey & Company I am joining the McKinsey & Company Boston office in late July and searching for housing in the meantime. If I could get some insight on the ratio of days in the office vs work from home that would be super helpful!
If I need to come into the office regularly I will try to find a place close by.
Is firm travel back up to pre covid levels?
Why Bain over the other 2?
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unlock all discussions on Fishbowl.
1) No
2) Huge opportunity cost for limited potential value. Plus, I’m an Asian male, so it’s borderline impossible to get into H/S anyway
3) More friends, maybe?
4) Delays my promotion timing and “maybe” builds connections
I went and am glad I did. I was already at the post MBA promotion level at Bain, so it wouldn’t have made sense financially but that’s not what I was solving for.
I took sponsorship and am so glad I went - and that I went on Bain’s dime. It made sense for me professionally, regardless of whether I stayed at Bain long term or not, and I also learned a lot about myself and plugged the knowledge gaps that I had. But I also like the consulting job, love Bain, and knew I’d be happy with the commitment to come back.
While I did sleep and relax and do everything I usually don’t while working, I didn’t treat my MBA like a two year vacation as many do and really hustled during my time there - so I felt like I got a ton out of the experience. It made sense for me because I was very clear about the industry that I wanted operating experience and exposure to, which I can’t really get via my Bain cases. So if I ever leave, I’m now able to exit into that space. And if I don’t leave, I’ve still built an incredible network in that industry that may help me one day (and even if it doesn’t, it was just plain fun ☺️). And no, it wasn’t HBS or GSB, fwiw.
For those calculating ROI and opportunity cost, don’t go. The math will never work out, and business school is something that is much more qualitative than it is quantitative if you’re already doing well financially. It also is one of those things that you should only do if you know what you want to get out of it. I think it makes less sense from a time and money perspective for certain careers and eventual exits, if you’re already at MBB and looking to go directly from that.
I agree. To this point, there IS a lot more to life than career and ROI
Two year break and exposure to other potential career paths. Would only go if it’s S/W
Heard from many peers at H, academic environment not really conducive to the 2 year break part.
Coach
1) idk maybe
2) more likely not due to the opportunity cost
3) within our firm I don't see any benefit to getting it, but it could be useful for exit ops
4) I don't think it would impact my career at McKinsey
Plenty of sponsored McKinsey at my school. I heard it was a really nice break for them + a chance to reevaluate career and life goals for a minute.
Coach
Nope. Saw it as a huge opportunity cost and I wanted to make partner (and did). Plus my wife went to a top program and didn’t like it so I had no FOMO. She did get a great network out of her school so it was worth it long run but my network is pretty good too!
Subject Expert
1. Most likely no (haven’t 109% decided yet though)
2. As others cite, enormous opp cost, and I don’t think the learning would be better than either doing 2 more years of consulting or 2 years of something else I want to try. Seems like mostly a vacation and that’s cool and all, but not interested personally
3. Outside-in perspective, but common reasons you hear: it’s a “free” vacation for 2 years to recover from burn out (if sponsored), you learn from your classmates, can explore and learn about different areas
4) I don’t expect it to make a big difference in or outside Bain. Would only be the case I think at dinosaur companies who have an MBA as part of their checklist
1. No
2. Got a PhD.
3. None 🤷♂️
No
Other professional qual
People mainly talk about the network or learning core commerce (so less relevant if you did finance it econ at uni)
No effect subject to the network point
1) yes
2 and 3) just to take a break and live in another city/ country. And get time to travel. For some people it might be networking. I don’t care much about that personally. I just want to have a good time
4) don’t think it makes much of a difference if you want to stay in consulting and you’re already MBB. Makes a difference if you want to switch to IB/ PE / tech etc or a new geography.
Coach
Thanks y’all. Overall agree. Wanted to know if there was another perspective I had not considered.
Follow up questions:
1) Is continuing to grow at your firm job the only thing left to progress your career?
2) Do any of you have plans for any continuing education or things outside of work you can do to help your career?
3) does that differ if you plan to stay or leave in consulting?
In USA mba is a strong addition to MBB credentials for many exit opportunity .
Agreed with ac1