No. But only because I had enough scholarships that the financial hit was manageable. If I had paid full price and ended up with significant debt absolutely. I have felt more prepared in my career to learn and advance fast. But it has not directly led to higher paying jobs to justify costs.
1
Huron 1
I got mine at an older age. I also did an online program that was extremely cheap. The first year, I got promoted and a raise that equaled 1/2 of what I paid for it. It has now been 11 years. My income has increased by $70k. It may not be much to most folks but it was life-changing money to me.
1
Accenture 1
The counsel I give to anyone of my friends who is considering it is unless they get into a top 10 program it does not usually make sense ROI wise. So you should go with as free or cheap an MBA option available to check the box (even if part-time). Probably the one scenario where it makes sense if you want to make a massive career shift, but even then I think it’s really expensive way to do it. The loss of income for two full years, plus the loss of career progression, plus the course expense of the actual program itself makes it really really hard to justify unless you are in a top program that will carry with you for your entire career like Harvard or Chicago MBA for example. I actually think working in tech at a magnificent seven would be better career wise.
Deloitte 1
Yes, I would expand the consideration set to the top 15 programs… I went to a program in that range and tripled my pre-MBA total comp… Life changing.
No. But only because I had enough scholarships that the financial hit was manageable. If I had paid full price and ended up with significant debt absolutely. I have felt more prepared in my career to learn and advance fast. But it has not directly led to higher paying jobs to justify costs.
I got mine at an older age. I also did an online program that was extremely cheap. The first year, I got promoted and a raise that equaled 1/2 of what I paid for it. It has now been 11 years. My income has increased by $70k. It may not be much to most folks but it was life-changing money to me.
The counsel I give to anyone of my friends who is considering it is unless they get into a top 10 program it does not usually make sense ROI wise. So you should go with as free or cheap an MBA option available to check the box (even if part-time). Probably the one scenario where it makes sense if you want to make a massive career shift, but even then I think it’s really expensive way to do it. The loss of income for two full years, plus the loss of career progression, plus the course expense of the actual program itself makes it really really hard to justify unless you are in a top program that will carry with you for your entire career like Harvard or Chicago MBA for example. I actually think working in tech at a magnificent seven would be better career wise.
Yes, I would expand the consideration set to the top 15 programs… I went to a program in that range and tripled my pre-MBA total comp… Life changing.