I imagine many folks here have had to weigh decision on whether to go get an MBA to stay on through their firm. I recently got promoted to a post-MBA role (think VP/Principal) at my growth equity firm, but I also got into HBS + Wharton and am leaning against not going.
- VC/Growth Fund Investing in Tech: great LPs, yet little to no brand name recognition
- Portfolio doing ok so far but with a wide variability of outcomes. Could be a 5x, could be a 2x or lower
Reasons for Decision
- I spoke to quite a few MBA grads/investors in my position (not trying to career pivot, did not truly need the MBA) and almost all said the MBA was a great personal experience but largely a wash in terms of their career
-Value of MBA in PE/VC seems to be declining
- Significant opportunity cost with carry increases and comp
- I am generally happy with what I do and if things didn't work out with our next fund, I feel like I would have the network or experience to figure things out?
- More broadly, feel like value of MBA is in decline, especially within tech
I have explained this to several friends who are in consulting/corporate strategy jobs and they look at me like I'm crazy for turning down the MBA, so I thought I would open up and see what others think. Am I crazy for not going to HBS?