Hi guys, just recently stumbled upon this forum. Apologies in advance if this should be asked elsewhere.
I'm a recent college grad who currently works as a software engineer at Facebook/Apple/Amazon/Netflix/Google (FAANG). I'm wondering if it is worth it to
1) Switch to a product manager and then
2) Apply for an M7 MBA in 2-3 years
I want to lateral from SWE to PM regardless, so I don't think (1) would ever be a waste of effort. However, if I applied for an M7 MBA and got in, my express purpose would be to try to land an investment banking job (or maybe hedge fund, but idk how that works). The biggest con is that I think the actual MBA cost and forgone comp would be pretty high to me (about 700k), but to make up for that, it seems like my ROI would be much better coming out of MBA for future salary growth.
The other thing (besides PM lateral) I'm considering is switching into data science, and then either work at FAANG, prop shop, or hedge fund.
I'd appreciate any clarifications on my assumptions that may be incorrect, as well as what you guys think of the risk of the PM->MBA->finance path and what the best career is from a job stability and comp perspective, whether it's one of these paths or something else entirely. I also care about the work being interesting, but not as much.