MBA (Wharton) Quandary
Hey everyone. Life question that I want to solicit opinions on. I am ending my associate program this summer at a PE firm that kicks associates out no matter what after their 2-3 years. I have been interviewing and I also applied to business school at H/S/W.
I ended up getting into Wharton and waitlisted at one of the others (and waitlist isn't looking good...they already let a decent amount off of it and the candidates looked like my profile. My consultant and I agree that it is unlikely they will go for more candidates with my profile so I am operating as if I am denied.)
My interviews were all going well, but I was told by multiple headhunters that offers probably won't go out until in person visits to the office can happen. No one knows how long that will be with C19. I have to decide on Wharton in ~1 month (I can buy an extra month if I forego my deposit) so I likely won't get an answer on other jobs by then.
My question is this: Is the best career option here now to take Wharton? (I am fortunate that I am not worried about the money outside the opportunity cost. No loans needed.) Or do you think it would be better to float this summer (or ask my current firm to extend me 2-3 months) and try my hand at other interview spots when offices reopen?
If I go to Wharton, I am nervous about graduating at the VP level into a recession. It could be better to go somewhere as an associate/senior associate now and work my way up. Also, it's unlikely the MBA experience will exist for another ~6 months (trips, bars, etc.) The opportunity cost is very high to not actually get the full experience.
Going does seem to be an option that limits downside risk for the long, long term though...and in this environment, that sounds like a better idea every day.
Realize these are first world problems in light of everything going on, but would really appreciate any advice you guys have as I try to plan my life over the next month.