How Useful is an MBA If You're Already In IB?

A lot of people wanting to break into IB take MBAs in the hopes of entering as an associate, including my current boss in his early days.

Say you're already in IB as an analyst and considering getting an MBA (or Master's), would it still be worth it considering today's tuition fees? Why or why not?

Also, this is assuming you will get a master's / MBA from a reputable widely-acknowledged B-school.

Cheers!

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