Is an MBA still worth it?

Microsoft Jeph Bezos
Apr 10 41 Comments

I’m a mid 30 year old male living in the Bay Area working in finance (M&A) at a Tech company. My TC is 225k with 8-9 YOE. I have a masters in finance.

In your opinion, would going back to school and getting an executive MBA at Wharton ($140k) be worth it in terms of salary bump? is be taking out a loan.

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TOP 41 Comments
  • Lyft PcKT80
    Not really adding anything here, but I feel your pain. Wharton would be so baller.
    Apr 10 1
    • Microsoft Jeph Bezos
      OP
      Hoping it would help down the line...
      Apr 10
  • Twitter feUG50
    No
    Apr 10 0
  • Chase 8==D~
    No, for a couple of reasons:
    • you’re making more than the comp of an average Wharton mba grad
    • you have a job the most Wharton mbas want
    • you need an MD to practice medicine and a JD to practice law, you don’t need an MBA to practice anything
    Apr 10 1
    • Microsoft Jeph Bezos
      OP
      Good points. I don’t see the MBA helping increase income by much TODAY, but could be worth it in the long run.
      Apr 10
  • Broadcom Ltd. rFkd21
    You know the NPV is negative, so why are you asking?
    Apr 10 0
  • Capital One / Product
    bun114

    Capital One Product

    PRE
    startups
    bun114more
    Would an EMBA be worth it if you are a PM with a technical background and looking to get the finance/strategy experience?
    Apr 10 1
    • Microsoft Jeph Bezos
      OP
      Make your own thread
      Apr 10
  • Nvidia cuisine
    No
    Apr 10 0
  • Tableau smVr34
    Definitely not
    Apr 10 0
  • Google / Sales QuietNinja
    It is. If you have to ask, you're not ready. Come back in 10 years
    Apr 10 8
    • Microsoft Jeph Bezos
      OP
      Insightful response.........
      Apr 10
    • Google / Sales QuietNinja
      Apr 10
    • Credit Karma ceasar
      Really thought if you have to ask if going to MBA school is worth it or not and you can't do your own cost/ income analysis ; loss of income for 2 years avg salary after graduation and salary after 10 years etc then are you really ready for MBA school?
      Apr 10
    • Credit Karma ceasar
      Plus your a freaking finance (Master's) major working in M&A
      Apr 10
    • Google / Sales QuietNinja
      There are such things such as Technology Management MBAs. It's *not* all about Finance and M&A
      Apr 10
    • Credit Karma ceasar
      I thought he wanted to make more in the future. My bad.
      Apr 10
    • Microsoft Jeph Bezos
      OP
      I do want to make more in the future. More than one path to get there. CFO, COO or any sales executive banks in tech.
      Apr 10
    • Google / Sales QuietNinja
      TM MBAs get you ready to be a proper CIO/CTO
      Apr 10
  • Salesforce xortah17
    No if you’re taking out a loan.. besides you already have a masters in finance anw..
    Apr 10 0
  • Airbnb abshdirb
    No way
    Apr 10 0
  • Capital One
    Drake

    Capital One

    BIO
    Nothing was the same.
    Drakemore
    Useful if you want to be an executive one day.
    Apr 12 2
    • Microsoft Jeph Bezos
      OP
      Only reason is consider, although plenty of top executives don’t have MBA’s.
      Apr 13
    • Capital One
      Drake

      Capital One

      BIO
      Nothing was the same.
      Drakemore
      But most do. And I'd look at the background of those who didn't.
      Apr 14
  • Bank of America herculez
    The time, energy, and money spent into getting an MBA seems too costly for any marginal pay raise you're hoping for with an MBA
    Apr 10 0
  • US Bank MasterFlap
    A definite no. IMO MBAs are only useful if you’re in consulting.
    Apr 10 0
  • Apple
    kalank

    Apple

    PRE
    AMD
    BIO
    Spittoon of Upper Mgmt
    kalankmore
    Exec MBA is useful only when your company is sponsoring for that.
    Apr 10 0
  • American Express vista133
    I am wondering how many of those who comment have an MBA?
    Apr 11 2
    • Microsoft / Sales
      Bekr45

      Microsoft Sales

      PRE
      Google
      Bekr45more
      I do
      Apr 12
    • Microsoft / Sales
      Bekr45

      Microsoft Sales

      PRE
      Google
      Bekr45more
      Me too
      May 6
  • American Express vista133
    It depends.... for money, not the best investment. For personal growth, enlarging your perspective, changing career track , become a learner again if you lost that in your daily specialized narrow field, I would say yes. But again it is about opportunity/cost.
    Apr 11 0
  • Credit Karma ceasar
    Asked by someone who's done a finance (Master's) major and works in M&A. Feel free to ask us confidential M&A questions too.
    Apr 10 0
  • Chase onlypjay
    If you want to be on management track then MBA is a welcome addition for you and employer, but I wouldn't spend that much money of my own.
    Apr 10 0
  • Salesforce zqwy71
    A big fat no
    Apr 10 0
  • Twitter feUG50
    Full time mba maybe if you want to change careers; eMBA - no
    May 5 0
  • BNY Mellon Bvwh32
    May be worth it for Wharton, Harvard and Stanford. All others are not worth it!
    May 2 0
  • PayPal qjAo77
    No
    Apr 11 0
  • PayPal y0y0y0y0
    After certain age, going back to school just to get bump is salary doesn't work, plus you will loose lot of quality time with family!

    Ageism is bitter truth so when you are being interviewed by someone younger, your degree serve no purpose to them.
    Apr 10 0
  • BlackRock xis
    MBA is one of those degrees where the focus is always on getting a job (perhaps in a different career path).
    MBA is a gateway to start over again, not so much in terms of learning or a career boost.
    If you don’t get one you will regret. If you get one you will still regret wasting 2 years and 200k for so little gain.

    So you should totally get an MBA and who knows might change your life. But most probably you will come back to the same job and same salary.
    Apr 10 0
  • Barclays PLC finra
    MBA is bullshit
    Apr 10 0
  • Microsoft / Sales
    Bekr45

    Microsoft Sales

    PRE
    Google
    Bekr45more
    No definitely not for an eMBA. If you want the letters see if you can do it part time
    Apr 10 0