MBA at GSB/HBS vs Career Track PE
Private equity professional currently working in New York for a European fund. I am currently on a career track and was recently early promoted to VP / Senior Associate (our titles are a bit strange). My fund does not expect, or want me to, pursue an MBA but it is something that I have considered for a long time. I know it is a financial suicide when thinking about the direct costs of the program, opportunity cost, and missed years of carry, but I feel like an MBA from Stanford or HBS can open doors that otherwise would not be available to me (particularly if I want to pursue entrepreneurship or open my own fund some day). My current fund would take me back after an MBA but likely not give me a lot of credit for it (maybe 1 year), but I am not even sure I want to do PE long term.
Finally, I don't have a lot of friends in New York (I studied in Europe) and think that an MBA would allow me to expand my social circle significantly.
What do you guys think? Terrible idea?
Obviously need to get into either of the 2 schools above first...