Long term growth and worth making a career in software development?
Is it worth doing an MBA to switch careers for eventual long term growth? I am thinking of long term financial growth. No doubt doing it'll be extremely hard, but will it pay rich dividends in the future? Or how should I plan my career if I plan to stay in the software development field? My current profile: 3 years work experience L3 Swe in Google Comp: 140k base 205k stocks over 4 years 50k joining bonus (just switched to Google)
Do it if you can get into Harvard, Stanford, Wharton. You'll also get to meet smart, ambitious girls not from the tech industry (thank the gods). If you can get into Google as a SWE, you should have the brainpower to get a good (740+) GMAT score. Mehbe for the other schools in the top 8.
Care to explain more please?
Honestly if you want to be a director+ then you’ll almost certainly need it. If you check manager hierarchies you’ll see most everyone has them at some level and if they don’t they are the exception not the normal.
The question is did they grow organically and a MBA made it an easier ascent.
Lol you don't need a beancounter degree to get promoted upwards. But you do need to to understand economics, marketing, and operations.
Don’t do a MBA just for the sake of making money, that’s a very naive result oriented thinking. Think about MBA as part of a long term career plan that immediately requires you to do a MBA as a way to steer the ship of your career in a desired direction. MBA (including tuition and living and travel) will easily cost you $150k-200k if not more plus the opportunity cost of not earning your $400k+ target comp for two years. Top performing ICs and non MBA engineering managers can make a shit load of money that even MBAs would envy. I do not recommend doing a MBA unless you want to steer your career in product management, marketing, strategy, ops etc. path because you believe you can do a better job in these verticals than dev.
I think perhaps the strategy is different for those of you at tier 1 companies or on the west coast. I’m from the east coast and do not work in a major city. I have a tech background but got an MBA in my mid 20s for free when I did a short stint at a small private school. I have found the MBA provides diversification and a competitive edge in more business focused areas like business intelligence, data and platform architecture and engineering, and consulting. I would recommend the MBA but not full time
When you say switching career, I'm assuming you're referring to moving from engineering to management as you go up? If so, why don't you make a lateral move after moving up the ladder a bit to see if you even like it before investing a couple years in an MBA? Though, I'm still not sure if you would need one since you'll have actual experience by that point
It'll take a lot of time for getting promoted to a level that'll allow a parallel role change to management. I feel I'm young right now (25 years of age) and can squeeze an MBA more easily.
People generally seem to think that it's useless, but I'll let people who actually went this route speak to that