Accepted to a top 5 MBA with no scholarship, but currently working a good stable job in corp strategy/corp dev with TC ~$110k. I’ve worked for the same company my whole career and it is known in its industry and regionally but isn’t a big well-known firm. Goal of MBA would be to broaden my horizons/network, shoot for MBB consulting or tech industry corp strategy. Worth it to go to school even in this crazy uncertain world we’re in right now? #mba #finance #consulting #tech #finance
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Doing your mba (or any education) during a recession is great timing. Most of us should expect lower than average comp increases / career opps over the next two years, but you could spend that time significantly increasing your marketability.
The only downside: you may be going to school remotely, which is very non ideal for an mba program (which is otherwise a very social, teamwork-based program). If I thought remote learning would only last for the fall, and then things would return to normal, I would do it. If I thought remote learning was going to run longer than that, I would consider trying to defer for a year.
plus your TC right now is very low