Trying to decide if an MBA makes financial sense. I’m currently an SM in advisory, 28 years old. I would try to use mba to move to mbb. Has anyone else had a similar experience? The money directly out of school would be similar to what I make now, but i assume I would be on a higher trajectory.

likehelpful
Posting as :
works at
You are currently posting as works at

Get a referral and skip mba

like

You’re a SM at 28? Damn you’re fast tracked! Not worth it. The money you pay for school and opportunity cost is too great considering what you would make now and in the next few years with raises and promo. Being a SM already gives you great exit ops.

like

Advisory SM=Consulting M at Deloitte

like

If you’re a SM at 28 (unsure how that is possible), you would lose well over $300k in earning while doing MBA and likely come out of it making a similar salary. Unless you really want MBB, doesn’t seem to make financial sense. You clearly are highly valued at PwC and seems like you could make partner quickly and retire early.

like

why not stay and become a director or partner?

like

I’d consider an EMBA if nothing else, but if your goal is MBB, just work on getting a referral and your cases. No MBA necessary

like

More than makes financial sense. B4 advisory comp track is several multiples lower than MBB comp track.

Nope

As a fellow PwC-er with an SO at MBB - the trajectory is absolutely higher. We exited school at the same time, and within a few years, they’re earning 2x more in total comp

There are a few thought processes for an MBA - what are your long-term goals? Chances of landing at a target school? Opportunity cost? 200k for a degree is a heck of a lot of money. I’m sure too can try to jump ship now through networking

I completed a part time MBA while at a Tier 2 Strat company and considered the MBB route.

In short, if you are simply interested in moving to MBB that isn’t a great reason to go back full time.

I would be careful to (a) not put MBB on a pedestal and think about whether “starting over” at one of those firms is truly better than staying on the track you’re on and (b) understand that while you ”know” MBB is what you want going for, you’ll likely find other shiny objects (e.g., big tech, leadership development/rotational programs) that you may prefer.

Related Posts

SPHR exam- has anyone ever been “randomly selected” for an application audit? This just happened to me and the sheer amount of effort that is going to go into collecting all the documents almost makes me not want to follow through. Since I didn’t finish undergrad, they’re asking for a copy of my high school diploma or transcript and that itself is going to be an absolute nightmare to get hold of. Guess I’m not really looking for a solution here, just venting.

like

Best way to becoming an executive at a portfolio company for a PE fund? What is the most successful path from consulting? I.e go to fund ops as an associate then work your way up or stay at MBB till partner then try to hop over, etc.

like

Looking at you MBB & FAANG

Post Photo
likefunny

So I have my CPA and currently working as an assurance manager. My goal is to switch to private in couple of years. What is the best to consider now? Master’s in taxation, MBA or another certificate? Which would have more value for controller/ CFO position?

like

Does anyone else find it absolutely hysterical that people group MBB/FAANG/PE/VC for the prestige-oriented folks and they never include BB IB 🤣

likehelpful

Is an MBA really worth it for a career pivot?

like

What would make a candidate profile stronger for M7 MBA: Deloitte GSAP or 2 Years at Deloitte followed by Product management?

like

I've been in PeopleOps (mostly focused on TA Ops) for over 9 years now. I've somehow gotten by without a degree in HR or a certification, but would like to get some more education to continue to advance my career. What are your thoughts on PHR vs SPHR vs SHRM for someone with my years of experience and current role as a manager?

Do MBB sponsor for 2+2 MBAs such as HBS? (Straight out of undergrad, 2 years work, MBA)

like

Hi there, I recently completed my MBA degree with a marketing focus at Pepperdine. I am super interested in working in marketing in any industry related to healthcare/medical (e.g., hospitals, health tech, biotech, biopharma, medical devices). Does anyone know anyone in marketing in that sector? I’d love to hear their career story and see if they have any advice to give, thanks so much!

like

MBA admit here and have to put down a deposit soon, having serious cold feet right now due to the covid situation and potentially having to start virtually. Would love any perspective on how it's been particularly socially and what your schools' outlook on the fall is

like

Ross (80k) vs Stern (full price)

I only want NYC offices for MBB/FAANG

like

Hello Fishes.

I am having 2 years experience in SAP MM, SAP MII and Supply Chain Management with a popular certification. I am understanding what kind of opportunities I can get in McKinsey. Can anyone be kind enough to throw a light?

Should I get an mba if I have a Maac already?

like

Any possible referral for BCG generalist Associate role? Looking for UK, India, or Singapore. Currently based in Europe, looking to move to an English speaking country to be considered for generalist roles pre MBA. Thanks a lot!

Phr vs waiting for sphr?
Taking the credential and want to prep.

What is an online MBA program you would recommend?

like

Guys, I am APHR certified and practiced Organization Development for several years and I still had problems getting a new job after migrating to the USA. I have been researching and learning and what I found out was to switch career minimum; needed is education (first not not certification to show you have practiced new skills). This will lead to new skill sets which will lead into more experience.

Hi Folks,

Open for any referrals as a marriage prospect.

I am 28, Brahmin , 5'10
By profession , I am a B. Tech-15 passout and pursuing Modern MBA from a US college.
Doing well in job. In Startup cultures majorly.
Working as a Manager and handling multiple departments i.e. Operations, Customer Success, Inside Sales and Graphics currently.
Aspiring to become Growth Manager in near future.
Reports directly to CEO.

Anyone you know in your network can be a good fit for me , please reply or DM.

Post Photo
likeuplifting

Hi everyone!
I work at a big med tech company as product manager. I have multiple markets under my responsibility. I am turning 30 in few weeks and I hold an MBA.
Currently I am earning 73k gross yearly in Belgium. I feel that I settled for less than what this role could have given. What should I do? Is this a good average salary for product managers? I need to negotiate a raise but manager is greedy and difficult
Any advice is appreciated 👏
Thanks!!!

like

More Posts

I have an underlying disdain for any incompetence and I generally write people off if they don’t show improvement. I lose patience (never react but I wouldn’t staff on projects). Any tips to improve?

Asking for help! For a farmhouse-style vibe would pulls or knobs look better on cabinets and drawers? Included two photos from Home Depot. I'd be getting black either way and the cabinets are going to be a sage green-ish color. Thank you for the input anyone (:

Post Photo
like

Do you know of any people who received a PIP, left, and went on to succeed at a different company? Or are you pretty much destined to be a failure?

like

Who else out here feeling indignant when audit recruiters slide in ur DMs 😤

likefunny

Anyone a MH housing case manager? Let's chat.

like

What does everyone do for CharlieCard fees when there's the possibility that you'll be traveling at a moment's notice? Weekly/monthly pass or just pay by trip?

like

Drinks in atl Westin peachtree

like

Have the job opportunities decreased from a few months ago? Fewer recruiters are reaching out. I’m in audit, NY, alternative investments. TIA

like

Creative directors at my agency are all around 60 years of age, haven't used any social media ever, yet they shut down our ideas as "juvenile". They are giving us no leeway and aren't budging.

like

Hi! I'm interested in attending a conference focused on digital marketing (social media, influencer marketing, affiliate, etc.) that's known for valuable content and speakers and great networking. US based. Any recommendations?

like

Can someone please refer me to PWC? Dm me for more details. Thanks!

like

So, how much tax did you pay this year?

Starting from myself:
I paid ₹60K when my CTC was only under 9L.

like

Anyone have any insight into the federal program management position at KPMG?

like

Its on behalf of someone else.
One of my known, is a fresher, college passout, August 2020, from Electronics & Communication domain.
Not many companies visited as part of on-campus placement.
He's having the following skillset:
C, Python, HTML, CSS
Does anyone have any openings for freshers in their company?
Or may re-direct to some groups/websites/openings for applying to any job post.
Kindly leave required details below.
Any kind of help would be much appreciated.

like

Hi IBMer I joined in October 2021 on 6A band. When i will get hike and promotion? Domain : SAP ABAP, SAP Data Migration, BODS, SQL

IBM

like

Which is better Capgemini Technology Services or Capgemini Engineering (formerly Aricent Technologies (Holdings)) ??

Capgemini

like

I am joining Accenture strategy next month in banking practice. I would like to know if we get tagged to a particular project/account before joining and do we expect client interviews or we get visibility of work only after joining.

Also does anybody know about any particular teams or projects which one should or should not consider joining due to any reason or any lobbying needed for same

like

Countdown... beginning now

like

Hi everyone,
I’ve read a few articles that Facebook Watch Parties will be disabled in April 2021. Is that correct?

likehelpful

Additional Posts in Consulting

There is an echo when I speak on calls due to my home office being relatively empty. I added a carpet but hasn’t made as big an impact as I would like. Any tips

like

Anyone daytrading? If you can determine a good low and good high, you seem to be able to make decent gains. Halliburton’s been doing well for me this week, but would love other recommendations!

like

Recommendations for a laptop / wfh camera?

like

When do apps for 2022 interns close for your respective firm?

like

Has anyone else had experiences with a client presentation going bad? What happened and how did the client react?

like

If you start going out with someone, and they have anxiety-depression (or some other metal health challenge), when would you expect them to disclose? Date 3? A month or two in?

like
likehelpful

It took me 2 hours from Chelsea to LGA today door to door. Terminal B has no TSA pre lane at 7pm #wtfnyc #wtflga

like

Book recommendations. Your favorite -
1. Autobiography/Biography
2. Self Help
3. Financial Literacy
4. Non-Fiction (not from 1,2 or 3)
5. Fiction
Go!

like

Starting a new job next week. How soon is too soon to ask for tuition reimbursement? 😅

like

Any layoffs in big4?

like

Anyone else just want to…coast? Don’t really care about getting top reviews, doing initiatives, etc. How do I talk to my coach to discuss this without just being a slacker?

likeuplifting

Roth 401k or regular 401k?

like

For consulting extern programs, what does the pay / benefits structure look like? Does your extern company pay salary and benefits? Does it ever turn into a pay bump?

like

Fucking hate Delta. Missed my flight. I was with my 4 months old 👶 daughter. She was hungry and crying I requested em to let me check in bag early instead waiting in Line. They said no. Morons.

like

Has anyone used Better for their mortgage? Trying to evaluate if folks feel it has been better/lower rates than traditional (e.g., Chase).

funny

Best games to play on a Mac?

like

Would you say summaries are as effective for self help books like "the subtle art of giving a fk" and other similar books? I feel the books themselves ramble on too much on a side story only to tell a point that could be summed up in a couple sentences.
Or am I just not getting good book recommendations for growth/development on mental well being and productivity

like

Do you think the job market will get hotter or cool down over the summer months?

like

Drinks in atl Westin peachtree

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
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.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Send download link to your phone

OR

Scan your QR code to download
Fishbowl app on your mobile

By continuing you agree to Terms of Use and Privacy Policy.

Messaging rates may apply

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal