I have a top 100 BS (3.75/4.00) and MS (3.5/4.0) both from the same university (non target) in biomedical engineering. Been lurking around the forums for awhile.
Did not know anything about IBD/Consulting until I started at Thompson Reuters in July 2009 as a market data analyst aka data entry IMO. Last year's recruiting was pretty bad so I just took the first job that was offered to me after graduating from my MS.
Recently got admits to these 'target' schools (in order of preference/exit ops):
All <1 year programmes
Oxford MFE (32k pounds)
Cambridge MPhil Management (16k pounds)
LSE MSc Management, Organisation and Govt (20k pounds)
Duke MMS (27k pounds)
Was wondering if its worth attending? or stick it out for another 2 years doing menial work? or attend an MBA? I have my life savings of about 15k pounds, and plan to take on a loan for the living expenses from my family. They are supportive in whatever I choose. The thing is I am not sure if I have the ability to fork out $160k (HWS) or 50k Euros/pounds(Ox/Cam/INSEAD).
Is an MBA really necessary to go beyond the associate level in IBD/Consulting? I really do not want an MBA if I plan to go for this as I will probably sound like a tool for having BS MS MFE MBA behind my name/resume.
PS: Plan to work in IBD/Consulting in the UK/EU/Asia.