Would you rather make manager at 33 with a paid for MBA or manager at 29/30 with an MBA and the avg mba debt ($66k) if you were to return to your same firm and team.

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I’d rather make manager without an MBA

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It does not matter. In both cases, you have 20-30 years of working life in front you, so it does not really matter.

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Great point

The latter? You’d be able to pay off loans the following year with bonus and be at a much higher comp for addition three years.

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No, but with your salary and bonus and savings you should be able to clear out 66k relatively quickly

If this is the only criteria you’re evaluating, you’re in trouble.

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Opportunities it will get you, OP. I wouldn’t get an MBA for the title - only if it will get you something you want or need, ie relationships, knowledge, etc.

I chose manager at 28 with some debt by doing it Part time. I made way more working than pursuing full time.

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You won’t want to return, you’ll see the light while you’re partying in grad school

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I guess the factor is that you’d be returning to your current firm and team.

Like why take on debt to return to the same team?

Why would you get an mba only to return to your same firm and team? Do you really need a MBA at that point?

Our MBAs get paid way more + MBAs get increased career mobility/security. So if I didn’t get an MBA, I could very well be a Sr Cons making 120/130 instead of 165 - and it doesn’t standardize at manager

Higher education is a good investment with sizeable returns. Think long term

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