I'm an underperforming associate making ~300k a year, would getting a top 3 MBA help me?
I'm not great at my job but have been in the field for 4 years so I'm getting paid what I get paid. Would the MBA help is it it just kicking the can down the road?
Are you in the buyside? I didn’t think an er associate could make $300 after 4 years.
I am
Help you what? If you have a goal in mind like changing careers or developing a network, it will help you.
I'm going to assume you aren't that happy with your job and are feeling burnout because you're here asking about an MBA. If you're unhappy at your job, it only gets worse over time and whatever money you make won't be enough to satisfy you.
why do you say you're not good at your job?
Help how? What problem are you trying to solve here?
If the question is will an MBA give you better investment acumen, it is unlikely. Some programs like the CBS Value Investing Program could give you a great classroom experience coupled with a broader buyside network to learn from other people. But, you can also achieve something similar without the MBA. Plenty of the classroom material is publicly out there and there's nothing stopping you from networking in your current role.
An MBA could offer you the opportunity to step back and reassess. Think about the areas you struggled in most and whether it was a product of your shortcomings or maybe the environment that you were in. Then you can take time to figure out if you can you improve on those traits or find a different fund that better aligns with your strengths. Ultimately though, I think of MBAs as a good pivot. I wouldn't use an MBA to stay in an industry that I am undecided about over the long term, especially something like public markets investing that doesn't have a ton of natural exit opps. If you do an MBA, return to the industry, and realize 2-3 years in that this isn't the right fit, then what?
Like would it help me get promoted faster via perception benefits holding performance constant
If you genuinely think you are bad at your job and are not going to get better, I think it's going to be tough to have a fulfilling career in this industry. Since public equity investing is very performance based, the benefits you get from prestige (ie a good mba) are less salient especially as your career progresses. Maybe an MBA could be useful for a career switch out of the industry?
I don't think it would help you there at all. Taking two years off from an industry that doesn't put a particularly high emphasis on MBAs is not going to accelerate your trajectory.
You don't need an MBA. It won't do anything for you. People get MBAs to get to where you are now. It sounds like you're not very motivated, probably because your career doesn't interest you very much. Consider pivoting to a more comfortable corporate job. From there, you can start a business, pick up hobbies, etc.
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