Have you taken up an executive MBA around 40 at an expensive university(>170k costs)? If yes, did it seem worth it- did/will you make your money back over 5 years? At this stage of the career the MBA will only be to build a network and get a brand name on your resume. Did it seem worth it?
This is a very subjective decision. But unless you have a VERY concrete, specific reason to go for it, and your current work experience/path are not going to help, the cost-benefit analysis doesn’t add up for an MBA. With a part time or executive MBA, you don’t even get the same networking leverage. To be clear - there is an advantage. But not at the cost and time it takes away. My opinion is that the above is true even at a much earlier age than 40.
Not worth it at all. In my early 40s I had already a senior position and was tempted by an MBA at one of the top 3 universities but went against it and I am glad I didn’t. Today I went up a couple of levels and considered an exec. No MBA can replace experience.
And work leads you to more connection. You might meet a couple awesome people in your program, but that’s about it.
Published 14 minutes ago... Why an MBA isn’t worth it, according to a self-made multimillionaire Uber investor https://www.cnbc.com/2018/06/28/uber-investor-jason-calacanis-why-an-mba-isnt-worth-it.html
Ah yes the guy who invested in Uber because he was Travis’s roommate.
If you are not in one of the high-paying fields already, then MBA from a top school might open up new doors. Otherwise, it’s a waste of time and hard-earned money.
Part time MBAs generally don’t open the same doors as full time. Many people I know who did this regret not spending more time with their kids, family, etc. even when their company sponsored significant portion of it. You can probably look for internal transfers, but it’ll be hard to sell external transfers especially if you’re trying to completely switch domains.
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Not useful. I need no MBA to be an executive.