Boutique & Part Time MBA?
Hi all,
Considering doing a part time MBA program (evening / weekend / hybrid) while working at a boutique. We are ~20 people. I am happy where I am at with regard to work life balance, pay, industry sector, team, etc and do not have any short term (>2 year) plan to leave.
For undergrad I went to a semi-target and had a decent GPA but sub 3.5 - GMAT score was 690, I could potentially study more and score higher, but I think I have a good shot of getting in at top tier part time program from a well regarded school (Kellogg, Booth, Ross, Stern, etc.)
Since I have no plan to leave, my thought is a part - time MBA would improve my chances of lateral hiring at the associate level, or help me make a move into something other than IB in the future. Obviously with PT I can continuing to work and have an income, and I will get firm financial support as well as senior support (i.e. can take time to study / can block off my calendar when I have exams to study for)
My other thought is the stigma of a part time MBA probably goes way after a few years, I am not competitive enough from an undergrad / GMAT standpoint to get in top 10 MBA. Not actively looking to recruit or switch jobs.
Don't think the networking will be as good in a PT program but I could see it adding some value.
Anyone have thoughts here? any pro / con I am not taking into account? Is this a logical plan? The alternative in my mind is to study more, see how high I can get a GMAT, and gain more experience and hopefully get into a top 15 or top 10 MBA program, but with what I outlined above I don't know how relevant that is to me.
Hi Analyst 2 in IB-M&A, yes, I'm a bot, but I'm also good looking. Hopefully, these threads help you:
More suggestions...
Hope that helps.
At first glance seems like an ok plan, but thinking about it you should probably have a clearer post-MBA plan.
I’ve never heard of of folks in IB getting an MBA only to return to IB- in fact I think there’s some post from a few years ago that lays out why it doesn’t make sense.
If you’re honestly chilling at your current job and would be content to chill there even for a few years post mba- then I would advise against getting the part time degree. I think most people see the mba as some rocket fuel for their careers either to pivot to a new competitive industry via the full time degree or to catapult their way to management in their current company/industry.
You note the ability to pivot at the associate level and again if you’re already in banking I don’t see why you’d want to stay in banking post-mba and/or why you’d need the mba to do that if you’re an analyst lateraling with some solid networking is more of a feasible (and cheaper) path.
I’m unclear if you need access to career services in your situation which is something to think about because each program is different.
So if I were you I would really think about why an mba truly makes sense beyond just simply having the degree. Furthermore it really only makes it worth it to pursue the degree from a T15 program in your situation because brand name would really elevate your networking opportunities.
If I were you I’d work another year or so at your current firm and apply for a full time T15 mba that way you get the full breadth of opportunities including PE/VC/HF if you hustle (you didn’t mention them, but just throwing them out there) and can explore other possible pathways in finance or beyond without a solid support network for guidance and networking.
Exercitationem est culpa ratione ad. Odio soluta ratione in cum ullam nemo et. Eum fugit et asperiores beatae occaecati ducimus sapiente a. Et sit et dolor qui nisi fugiat. Reprehenderit quo impedit minima cum fugit labore.
Sed voluptas libero facilis incidunt temporibus. Aut autem similique suscipit facilis aliquam soluta. Occaecati quas minima natus qui debitis et. Rem necessitatibus sunt aut veritatis.
Quam et aut dolore voluptate pariatur et dicta quo. Rerum et cumque numquam perspiciatis.
Recusandae voluptas nostrum officia eos voluptatem consequatur pariatur. Maxime ad exercitationem quo suscipit vitae dignissimos. Aut voluptas id ad ad. Quis et expedita quod ea eum reiciendis voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...