Did you file I 140 ? If you did you might have shown immigration intent which might lead to denial of F1. Talk to a good attorney
What are your plans post MBA? Jobs aren’t easy. If you want to do FT MBA, look at Europe - Insead, LBS, etc
Getting a job as an immigrant will also be harder after an MBA. Also check with a lawyer if you’ll have to go through H1B lottery again Having said that, an MBA from a top 3-4 is a lifelong asset. If you don’t plan on staying in the US post MBA then you’ll have options in your home country
With an MBA you will not be eligible STEM OPT. So you’ll have only one chance (maybe 2 if you time it correctly) to apply and secure H1B. It’s something to consider if you plan to stay in US on H1B.
Why convert to F1? You can do executive MBA course without changing your visa status
Not keen on an executive program! Want to switch job functions