MBA even though I'm making $100k?

CFGI
BoutiqChic

CFGI

BoutiqChic
Oct 15, 2020 16 Comments

Hi everyone! Just wondering if I should consider getting an MBA (from a target school) to get into MBB if I'm already in accounting/finance consulting making 100k/yr with 3.5 YOE @ 25.

Bachelor's degree is from a non target. And I suppose I'm young enough where it won't feel like I'm falling behind if I have to start at MBB from the begining?

#finance #consulting #mba #mbacompensation

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TOP 16 Comments
  • Top MBA would be worth it. 100k at 25 is average and for non tech roles it'll take you a while to hit 200k which you should get out of a top MBA, will change your trajectory too to hit 1M. But only for top MBA that gets you into MBB
    Oct 15, 2020 5
    • Accenture
      qvXyr

      Go to company page Accenture

      BIO
      New York
      qvXyr
      Mines straight salary but I’m looking to transition to SWE. Hate consulting, not worth truthfully anything unless you’re looking to pivot to VC then maybe
      Oct 17, 2020
    • CFGI
      BoutiqChic

      CFGI

      BoutiqChic
      OP
      Strategy consulting is def higher pay than accounting/corp finance consulting.

      Also lol @ assuming I'm a guy when my user clearly even has "chic" in it.
      Oct 21, 2020
  • Amazon
    mrjackson

    Go to company page Amazon

    mrjackson
    +1. Do it. Especially at your age. You could try industry hire, but having already consulting experience and being in a target school is easy hire for them if you do well in the interviews.
    Oct 15, 2020 2
    • CFGI
      BoutiqChic

      CFGI

      BoutiqChic
      OP
      I think people with my background trying to break into MBB are a dime a dozen. Any specific pointers?
      Oct 21, 2020
    • Amazon
      mrjackson

      Go to company page Amazon

      mrjackson
      Just lookup on LinkedIn people that went to top schools then consulting
      Oct 21, 2020
  • New / Mgmt
    xLhO78

    New Mgmt

    xLhO78
    Depends on where you want to top out in your career. Want to make VP at a fortune 500 or partner at a consulting firm then absolutely go to a top 10 target school.

    If you want to work 40 hours a week by the time you are 40, just keep doing what you are doing, potentially a few company changes to see a big salary boost.
    Oct 16, 2020 1
  • I would say yes. MBB pretty much hires from target schools.
    Oct 15, 2020 0
  • Why are you looking to get into Consulting???
    Oct 17, 2020 0