I am debating whether to pursue an MBA; however, this only makes sense if I think I can, with some confidence, recieve a TC of 116k after graduation. This would be obviously a yes for most people on here but the problem is I will be looking at jobs in Denver. So do you think a PM would be able to get a TC in Denver after an MBA from a top 15 school of at least 116k YOE: 4 in product development and systems engineering. TC: 95k
That's the minimum where it would pay it self back. Hopefully more.
Avoid the MBA....focus on building experience. Too many MBAs in DENVER with too little experience. I would take a busy work history over an MBA any day.
Thanks for the advice. Would your opinion change if it was an online MBA and I was actively pursuing breaking into the industry of choice while pursuing it?
Minus the time spent in school where you aren’t aren’t earning...so you have to consider that and the cost of that income over time. For example, you’d spend two years not earning, presumably not saving, and then not earning interest on that saved money for two years. I’d say you should hope for at least $150 but even more would be better.
It will be an online MBA I know this will partially hurt me on networking but the school has pretty good recruiting for their online MBA students.
Can you work while you’re doing it?
If you already have experience as a PM, I doubt you’d need an MBA to reach that. An online program seems like a waste of money as everyone I’ve talked to with MBAs say it’s only worth it for the network and relationships you build.
Unfortunatly my PM experience is in consumer products in a very non-progressive industry so I'd like to use the MBA to transition into tech
Are you a product manager or product developer? Online MBA is useless. Go for evening/weekend program at UC Berkeley or UC LA if you don’t want to quit job.
just to get from 95 to 116? bruh...