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Should I do a top 10 MBA?

Nowadays I can't seem to get the "go to a top MBA and d...
Deranged Rehab Double Fault
  04/17/15
What is it that you're after money, prestige, lifestyle etc?...
Adventurous zombie-like sanctuary organic girlfriend
  04/21/15
Kill yourself.
laughsome ladyboy library
  04/17/15
...
infuriating brilliant meetinghouse hairy legs
  04/18/15
tl;dr
Self-centered maroon selfie
  04/17/15
The Darden
multi-colored sickened striped hyena sex offender
  04/17/15
Making partner at f500?
Swollen aromatic office internal respiration
  04/17/15
The solution to your professional problems is not spending a...
Cerise 180 feces
  04/18/15
How did you land a Data Analytics job with a law degree? Are...
galvanic sooty station macaca
  04/18/15
I did law school -> tech consulting -> data analytics ...
Deranged Rehab Double Fault
  04/20/15
No, spending 200k on tuition just to potentially buy your wa...
Contagious casino
  04/18/15
Even as an attorney, I found this incredibly boring.
Excitant clear liquid oxygen dog poop
  04/18/15
As someone at BCG, paying 200k to start off as a consultant ...
dark affirmative action
  04/18/15
isn't MBB a ticket to 9-5 office park management
hairless vermilion digit ratio
  04/18/15
You have to slave away in MBB for a good 5 years. Typical...
dark affirmative action
  04/18/15
ok, so 2 years of vacation and three years post mba which is...
hairless vermilion digit ratio
  04/18/15
i'm in the bay area. good luck getting into a successful pr...
dark affirmative action
  04/18/15
Well, from the sounds of OPs background, he won't get into a...
Cerebral Puppy Lay
  04/18/15
this. the MBB placement stats are flame at most of the M7. ...
dark affirmative action
  04/18/15
i knew people who weren't that smart but just spent months l...
hairless vermilion digit ratio
  04/18/15
true. but worth the 200k risk? I would advise the OP to get...
dark affirmative action
  04/18/15
it's not like law where's he's fucked if he doesn't get mbb....
lascivious federal azn
  04/18/15
And a lot of fob's from China.
Bronze concupiscible site cumskin
  04/18/15
He'll easily get a job paying 100k+. But he already has tha...
Cerebral Puppy Lay
  04/18/15
I am a Psych major with 2-3 years of work experience---shoul...
Slate fragrant school shitlib
  04/18/15
probably neither unless you're sponsored or get a significan...
Avocado electric generalized bond
  04/18/15
I have no choice. My pay sucks right now
Slate fragrant school shitlib
  04/18/15
how much
Avocado electric generalized bond
  04/18/15
...
Slate fragrant school shitlib
  04/18/15
MBA unless you "love the law" or some such bullshi...
Cerebral Puppy Lay
  04/18/15
I was thinking of prepping for both the LSAT and GRE and see...
Slate fragrant school shitlib
  04/18/15
you shouldn't go to law except in very narrow/specific circu...
lascivious federal azn
  04/18/15
what circumstances would they be?
Slate fragrant school shitlib
  04/18/15
you have the face of a man of really loves the law AND you g...
lascivious federal azn
  04/18/15
so i should gun for top 10-15 MBA instead?
Slate fragrant school shitlib
  04/18/15
you should probably not do either bro you can leapfrog y...
Avocado electric generalized bond
  04/18/15
how bro?
Slate fragrant school shitlib
  04/18/15
work for a vendor (software is the easiest to get right now)...
Avocado electric generalized bond
  04/18/15
Don't forget that a JD opens many doors. From CIA to CEO, S...
Cerebral Puppy Lay
  04/18/15
yeah omg SO CREDITED to go $200k into non-dischargeable debt...
Avocado electric generalized bond
  04/18/15
all this seems cr but i think that there's the hard to quant...
lascivious federal azn
  04/18/15
sounds like the marketing is working on you. a Top MBA in my...
dark affirmative action
  04/18/15
i went to a top UG :/
Slate fragrant school shitlib
  04/18/15
most people at top mba programs did not go to shit undergrad...
Razzle-dazzle cream abode scourge upon the earth
  04/18/15
I;m not arguing that top MBAs are not incestuous and are not...
dark affirmative action
  04/18/15
Hmm. I agree with you that if you could get the job that you...
Razzle-dazzle cream abode scourge upon the earth
  04/18/15
for MBB, a referral counts for a lot. Even if you have bull...
dark affirmative action
  04/18/15
yes but the assumption here is that you WANT one of these un...
Avocado electric generalized bond
  04/18/15
this.
dark affirmative action
  04/18/15
none of this credentialing shit is worth the risk, especiall...
Avocado electric generalized bond
  04/18/15
...
Marvelous Crackhouse Background Story
  04/18/15
Reminder: striving is a mental illness
Marvelous Crackhouse Background Story
  04/18/15
lol so fucking true. I see dumbass coworkers striving away ...
dark affirmative action
  04/18/15
...
Jet senate
  04/21/15
MBAs are worth it if you want to get into big companies. It...
hairless vermilion digit ratio
  04/18/15
only read some of the posts in this thread. a few thoughts. ...
Razzle-dazzle cream abode scourge upon the earth
  04/18/15
I do more Ph.D. recruiting, so you might be right on point 3...
dark affirmative action
  04/18/15
I think at INSEAD, the vast majority who go to MBB are spons...
Cerebral Puppy Lay
  04/18/15
correct. i came very close to applying to INSEAD since it's ...
Razzle-dazzle cream abode scourge upon the earth
  04/18/15
Just cop dat supply chain masters
Grizzly passionate pocket flask
  04/18/15
thanks for your thoughtful insights, fellas. The consensus h...
Deranged Rehab Double Fault
  04/20/15
@ Fanatic thanks for your inputs so far. Do you enjoy you...
Deranged Rehab Double Fault
  04/20/15
It's a love/hate relationship because my peers are awesome a...
dark affirmative action
  04/20/15
http://mesothelioma.xoxohth.com/thread.php?thread_id=2360371...
dark affirmative action
  04/21/15
make it all stop. this all sounds fucking awful.
Jet senate
  04/21/15


Poast new message in this thread



Reply Favorite

Date: April 17th, 2015 10:02 PM
Author: Deranged Rehab Double Fault

Nowadays I can't seem to get the "go to a top MBA and do finance after" idea out of my mind. Especially after observing several friends of mine from college who work in front office finance, making double, or sometimes triple my salary with same years of work experience...

After graduating from a law school (worst mistake of my life), I now work in data analytics team at a F500 making low six fig. 4 week vacation, 45-50 hr weeks with minimal overtime here and there, no weekends worked so far. Minimal bonus. Not too bad of a lifestyle.

To describe the work I do briefly... my typical work involves data extraction / manipulation, and running analytics reports to the firm's partners for brainstorming business strategy or validating their business decisions, regarding sales strategy, product management, marketing, etc. The work I do is pretty technical - involving very heavy use of SQL and Excel, yet not engineer-level technical.

I like my job in the sense that it gives me an opportunity to work on both technical and soft -type of projects, such as meeting with "business side" people, doing presentations, running reports, etc but I am very aware of the fact that in this career, there is a very HARSH salary ceiling.

After 6-7 years into this career track, if I play my cards right, I MIGHT make anywhere from 160k to 200k provided that I get promoted and keep building strong reputation / skills at my firm. But, after that, it would be very flat raise each year...unless by some divine miracle I make a partner somewhere. (highly unlikely... especially from my department)

Given this, do you guys think that I should go for a top 10 MBA and go for a front-office finance role? Or maybe MBB consulting? Or equity research at an IB or a small hedge fund? These are 'true' elite jobs where - provided I have what it takes - I can potentially end up making way more dough compared to my current career path. Not to mention, arguably the work you'd do in a front office finance job could be way more interesting than what I do now. The only major concerns I have with doing an MBA are: 1. financial & opportunity costs are way too high, 2. there is no guarantee that I will become more successful career-wise or financially after doing an MBA compared to before.

I would welcome any of your thoughts, feedbacks, or insults.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27710633)



Reply Favorite

Date: April 21st, 2015 2:14 PM
Author: Adventurous zombie-like sanctuary organic girlfriend

What is it that you're after money, prestige, lifestyle etc? There are no guarantees in life even if you have a great MBA. You can count on trading one of these things for another. The balance you have isn't bad tbh. Good friend of mine got her MBA from Yale, just outside of top 10. Two years on the job, corporate reorganized the department she ran and now she's out of a job.

You have a pretty unique skill-set. How risk averse are you? I went the start up route. My background is in mgmt consulting.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27730850)



Reply Favorite

Date: April 17th, 2015 10:07 PM
Author: laughsome ladyboy library

Kill yourself.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27710659)



Reply Favorite

Date: April 18th, 2015 9:53 PM
Author: infuriating brilliant meetinghouse hairy legs



(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715396)



Reply Favorite

Date: April 17th, 2015 10:16 PM
Author: Self-centered maroon selfie

tl;dr

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27710710)



Reply Favorite

Date: April 17th, 2015 10:21 PM
Author: multi-colored sickened striped hyena sex offender

The Darden

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27710738)



Reply Favorite

Date: April 17th, 2015 10:24 PM
Author: Swollen aromatic office internal respiration

Making partner at f500?

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27710753)



Reply Favorite

Date: April 18th, 2015 1:00 AM
Author: Cerise 180 feces

The solution to your professional problems is not spending another hundred thousand on school.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27711334)



Reply Favorite

Date: April 18th, 2015 6:32 AM
Author: galvanic sooty station macaca

How did you land a Data Analytics job with a law degree? Are the technical requirements for those jobs low?

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27711679)



Reply Favorite

Date: April 20th, 2015 11:09 PM
Author: Deranged Rehab Double Fault

I did law school -> tech consulting -> data analytics at F500. I am pretty sure anyone who is reasonably intelligent can learn quickly on the job, if the person can get the job in the first place.

Getting a job in the first place without any relevant technical experience will be tough.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27727602)



Reply Favorite

Date: April 18th, 2015 10:04 AM
Author: Contagious casino

No, spending 200k on tuition just to potentially buy your way into an 80hr/wk wage slave job is the boomer flame of the millennium

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27711897)



Reply Favorite

Date: April 18th, 2015 6:01 PM
Author: Excitant clear liquid oxygen dog poop

Even as an attorney, I found this incredibly boring.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27714191)



Reply Favorite

Date: April 18th, 2015 9:50 PM
Author: dark affirmative action

As someone at BCG, paying 200k to start off as a consultant in MBB is one of the dumbest things you can do - especially if you're older and do not have established savings. Tons of people are sponsored at MBB for an MBA - the ones that went to MBB after paying for an MBA out of pocket seemed to have savings from a lucrative career prior to the top MBA

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715385)



Reply Favorite

Date: April 18th, 2015 9:52 PM
Author: hairless vermilion digit ratio

isn't MBB a ticket to 9-5 office park management

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715390)



Reply Favorite

Date: April 18th, 2015 9:53 PM
Author: dark affirmative action

You have to slave away in MBB for a good 5 years.

Typical progression is as follows:

graduate undergrad, become an associate (2 years), get an MBA (2 years), work as a consultant (2 years), become project leader (1-2 years), then go client side.

For the OP, he'd likely spend 2 years in an MBA and then 3 years to make project leader before jumping ship

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715395)



Reply Favorite

Date: April 18th, 2015 9:55 PM
Author: hairless vermilion digit ratio

ok, so 2 years of vacation and three years post mba which is what htis person is talking about. three years at MBB -> marketing director at whatever flame SV company that's about to IPO sounds pretty awesome

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715406)



Reply Favorite

Date: April 18th, 2015 9:57 PM
Author: dark affirmative action

i'm in the bay area. good luck getting into a successful pre-ipo company coming out of MBB and making bank. Shit like dropbox is heavily heavily diluted. Majority of emerging companies are a complete gamble.

The best bet is to go to somewhere like google as a director, but competition is fierce. More and more of these companies are looking towards organic growth.

At present, the exit opportunities are to get into a 9 to 5 making slightly less than MBB in client side. The upside is you likely would get paid more than if you had started with the client side company post MBA

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715416)



Reply Favorite

Date: April 18th, 2015 10:00 PM
Author: Cerebral Puppy Lay

Well, from the sounds of OPs background, he won't get into a M7 school. Could probably get into a 8-16 ranked school (assuming 3.5+/720+ sort of stats), but would probably have to pay full price or close to it. And getting MBB is possible but it's more likely than not he won't.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715430)



Reply Favorite

Date: April 18th, 2015 10:02 PM
Author: dark affirmative action

this. the MBB placement stats are flame at most of the M7. They are heavily skewed towards those already sponsored by MBB. Columbia might place 40 to McKinsey, but 30 might be sponsored by the firm matriculation.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715437)



Reply Favorite

Date: April 18th, 2015 10:04 PM
Author: hairless vermilion digit ratio

i knew people who weren't that smart but just spent months learning cases who copped MBB from these places. it's much easier than out of undergrad.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715450)



Reply Favorite

Date: April 18th, 2015 10:05 PM
Author: dark affirmative action

true. but worth the 200k risk? I would advise the OP to get a STEM master's at a target school. Stanford MS in management science and engineering

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715455)



Reply Favorite

Date: April 18th, 2015 10:12 PM
Author: lascivious federal azn

it's not like law where's he's fucked if he doesn't get mbb. can still get plenty of cor jobs or finance stuff.

idk about the value of that MS&E degree. seems to be mostly people with 0-2 yrs experience.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715492)



Reply Favorite

Date: April 18th, 2015 10:14 PM
Author: Bronze concupiscible site cumskin

And a lot of fob's from China.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715500)



Reply Favorite

Date: April 18th, 2015 10:17 PM
Author: Cerebral Puppy Lay

He'll easily get a job paying 100k+. But he already has that. So if his goal is just to transition to management consulting and he's ok with second tier firms, he can do that. But he probably won't get MBB, and it will probably take 8-10 years of his modestly increased salary to break even from giving up $200k in pre-tax salary and paying $120k in post-tax tuition to get the MBA.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715510)



Reply Favorite

Date: April 18th, 2015 10:18 PM
Author: Slate fragrant school shitlib

I am a Psych major with 2-3 years of work experience---should I get a MBA or go into law?

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715517)



Reply Favorite

Date: April 18th, 2015 10:19 PM
Author: Avocado electric generalized bond

probably neither unless you're sponsored or get a significant scholarship

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715525)



Reply Favorite

Date: April 18th, 2015 10:21 PM
Author: Slate fragrant school shitlib

I have no choice. My pay sucks right now

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715532)



Reply Favorite

Date: April 18th, 2015 10:21 PM
Author: Avocado electric generalized bond

how much

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715537)



Reply Favorite

Date: April 18th, 2015 10:25 PM
Author: Slate fragrant school shitlib



(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715556)



Reply Favorite

Date: April 18th, 2015 10:19 PM
Author: Cerebral Puppy Lay

MBA unless you "love the law" or some such bullshit.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715527)



Reply Favorite

Date: April 18th, 2015 10:21 PM
Author: Slate fragrant school shitlib

I was thinking of prepping for both the LSAT and GRE and seeing which score is higher--your thoughts?

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715530)



Reply Favorite

Date: April 18th, 2015 10:22 PM
Author: lascivious federal azn

you shouldn't go to law except in very narrow/specific circumstances. if you're asking that question, and you have other options, you shouldn't go to law school.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715538)



Reply Favorite

Date: April 18th, 2015 10:24 PM
Author: Slate fragrant school shitlib

what circumstances would they be?

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715551)



Reply Favorite

Date: April 18th, 2015 10:28 PM
Author: lascivious federal azn

you have the face of a man of really loves the law AND you get into HYP, u worked in a scholarly law den before law school so you know what you're getting into.

you get into a lower ranked school but get a full ride (and still really love the law/know what the risks are). or maybe you have strong family connections in a smaller market and can break into the legal scene there, your dad runs a successful firm, etc.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715572)



Reply Favorite

Date: April 18th, 2015 10:33 PM
Author: Slate fragrant school shitlib

so i should gun for top 10-15 MBA instead?

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715596)



Reply Favorite

Date: April 18th, 2015 10:35 PM
Author: Avocado electric generalized bond

you should probably not do either bro

you can leapfrog your way up to $100k pretty easily without an advanced degree, even if you're a glorified administrative assistant

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715610)



Reply Favorite

Date: April 18th, 2015 10:47 PM
Author: Slate fragrant school shitlib

how bro?

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715670)



Reply Favorite

Date: April 18th, 2015 11:17 PM
Author: Avocado electric generalized bond

work for a vendor (software is the easiest to get right now) as an account manager--this is the best entry-level job.

then decide whether you are more of a business/operations person or a salesperson. the latter is more lucrative (you could make hundreds of thousands of dollars if you're successful), but the operations track is more stable.

if you're good at sales you should just stay in sales. if you're an ops person, you should use your experience as an "operations associate" or whatever at one of these vendors to move to a second-tier consulting firm in their vendor-management practice.

then, move to procurement at a megacorp or to ops at a better-funded startup, where, if you are in nyc or sf, you can make $110k working 9-5 or 10-6 with a 401k match.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715861)



Reply Favorite

Date: April 18th, 2015 10:26 PM
Author: Cerebral Puppy Lay

Don't forget that a JD opens many doors. From CIA to CEO, SCOTUS to POTUS, you can do practically anything with a JD!

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715560)



Reply Favorite

Date: April 18th, 2015 10:19 PM
Author: Avocado electric generalized bond

yeah omg SO CREDITED to go $200k into non-dischargeable debt for the chance to make $120k/year as a consultant at pwc.

OH THE PRESTIGE.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715523)



Reply Favorite

Date: April 18th, 2015 10:20 PM
Author: lascivious federal azn

all this seems cr but i think that there's the hard to quantify but still real value of using the MBA to switch to a more interesting/potentially more lucrative position down the road. the extra credential + networking effects (also hard to quantify) should also make it easier to build a better career 10-20 years out.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715529)



Reply Favorite

Date: April 18th, 2015 10:52 PM
Author: dark affirmative action

sounds like the marketing is working on you. a Top MBA in my mind is good if you went to a complete shit undergrad and need to rebrand yourself for a more lucrative industry. It's not for one to "figure out" where out what industry they want to go in during school. That's 200k thrown to the shitter. The value proposition analysis should be done beforehand. The OP still seems unsure and if interested in MBB consulting should not pursue it if he's already making 100k.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715715)



Reply Favorite

Date: April 18th, 2015 10:54 PM
Author: Slate fragrant school shitlib

i went to a top UG :/

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715732)



Reply Favorite

Date: April 18th, 2015 10:56 PM
Author: Razzle-dazzle cream abode scourge upon the earth

most people at top mba programs did not go to shit undergrad. lot of them were doing reasonably well professionally BEFORE b-school. so there is obviously a selection mechanism going on here.

most of the short-term value of b-school is OCR access to companies that otherwise wouldn't even look at your resume. the long-term effect is much more debatable and harder to quantify.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715741)



Reply Favorite

Date: April 18th, 2015 11:01 PM
Author: dark affirmative action

I;m not arguing that top MBAs are not incestuous and are not filled with elite undergrads - i just think students who went to shit undergrads are the ones that actually need it.

The elite undergrad dumbasses who now want to completely switch industries for $200k which they likely had access to during undergrad deserve the debt.

I know many who have switched into McKinsey, Bain etc. from simply calling friends from Princeton, Stanford etc. An MBA is not always necessary in many cases - but some will strive to add another line to their CV. This is what makes me question the value proposition.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715775)



Reply Favorite

Date: April 18th, 2015 11:04 PM
Author: Razzle-dazzle cream abode scourge upon the earth

Hmm. I agree with you that if you could get the job that you want WITHOUT an MBA, that is the preferred option due to the super high opportunity costs. I just think that for certain jobs/firms, an elite undergrad without the right experience is not going to get you there. I'm thinking of people who did top undergrad and then something non-business related but now wants MBB or BB banking. I suppose if one is super connected, they might be able to get something through contacts, but those cases are pretty rare nowadays. These top firms go through very structured and formal hiring processes.



(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715787)



Reply Favorite

Date: April 18th, 2015 11:05 PM
Author: dark affirmative action

for MBB, a referral counts for a lot. Even if you have bullshit non-profit experience - so long as the other checkboxes are ticked (aka, good undergrad with good test scores and grades).

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715792)



Reply Favorite

Date: April 18th, 2015 11:19 PM
Author: Avocado electric generalized bond

yes but the assumption here is that you WANT one of these underpaid (for the hours) prestige-whore jobs in mbb or banking.

so many other ways to make money that don't involve going into a ton of debt and then impaling yourself with 80-hour workweeks.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715875)



Reply Favorite

Date: April 18th, 2015 10:36 PM
Author: dark affirmative action

this.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715612)



Reply Favorite

Date: April 18th, 2015 10:17 PM
Author: Avocado electric generalized bond

none of this credentialing shit is worth the risk, especially if he already has an advanced degree.

paying for an mba only makes sense if you've done private equity pre-mba but are getting pushed out, and need to use the mba to get back into private equity and continue to collect $400k/year for 2-3 more years.

it does not make sense for f500 wage slaves that are not sponsored.

op is already in an incredibly privileged position despite having made serious errors early in life and should not fuck it up so he can say he works at mbb for a few years. instead, he should cut expenses drastically, save money, and invest.

don't buy into the prestige-whore scam.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715514)



Reply Favorite

Date: April 18th, 2015 10:35 PM
Author: Marvelous Crackhouse Background Story



(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715607)



Reply Favorite

Date: April 18th, 2015 10:35 PM
Author: Marvelous Crackhouse Background Story

Reminder: striving is a mental illness

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715608)



Reply Favorite

Date: April 18th, 2015 10:37 PM
Author: dark affirmative action

lol so fucking true. I see dumbass coworkers striving away trying to make partner so they can work even more.

fuck that

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715614)



Reply Favorite

Date: April 21st, 2015 2:18 PM
Author: Jet senate



(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27730873)



Reply Favorite

Date: April 18th, 2015 10:37 PM
Author: hairless vermilion digit ratio

MBAs are worth it if you want to get into big companies. It's impossible to get into Target, General Mills, Clorox, Loreal, P&G, a lot of pharma without one. Big companies recruit college juniors and MBAs. outside of that you are just one of 5 million resume droppers.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715616)



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Date: April 18th, 2015 10:37 PM
Author: Razzle-dazzle cream abode scourge upon the earth

only read some of the posts in this thread. a few thoughts.

1. although i agree that it's super expensive, if one hates their job and trajectory and badly wants banking or consulting, an MBA is pretty much the only way to get there.

2. MBB consulting gets a lot of bashing on xo, but it's one of the best jobs you can get starting out. i never looked into it since i would hate consulting, but it pays well, awesome name brand, transferable skillset, great network, and tons of exit opportunities.

3. Fanatic is right on most things, but his placement numbers are off. Most people from M7 going into MBB are NOT sponsored. Not sure where he gets that info from.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715617)



Reply Favorite

Date: April 18th, 2015 10:56 PM
Author: dark affirmative action

I do more Ph.D. recruiting, so you might be right on point 3. This is more hearsay from co-workers who do the MBA recruiting.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715743)



Reply Favorite

Date: April 18th, 2015 10:59 PM
Author: Cerebral Puppy Lay

I think at INSEAD, the vast majority who go to MBB are sponsored. It's the top 1 year program in the world, so it makes sense. But I would think at top US schools, the majority heading to MBB are not sponsored employees returning.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715766)



Reply Favorite

Date: April 18th, 2015 11:02 PM
Author: Razzle-dazzle cream abode scourge upon the earth

correct. i came very close to applying to INSEAD since it's only 1-year and tons of fun and being in europe would have been cool as fuck. however, the placement stats threw me off because although they do very well with MBB and PE firms, vast majority are sponsored.

sponsorship at u.s. b-schools has gone down significantly since the financial crisis. before, there were a good chunk of people who were being 100% subsidized by their employers. i know VERY few at my school who are in that boat. most are not sponsored in any shape or fashion.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715778)



Reply Favorite

Date: April 18th, 2015 10:41 PM
Author: Grizzly passionate pocket flask

Just cop dat supply chain masters

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27715638)



Reply Favorite

Date: April 20th, 2015 11:07 PM
Author: Deranged Rehab Double Fault

thanks for your thoughtful insights, fellas. The consensus here seems to be that I should just stick with my gig and MBA, even a top 10-15 one, isn't worth it at sticker price.

It just sucks to be working hard yet to see a very harsh salary potential in this career track.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27727592)



Reply Favorite

Date: April 20th, 2015 11:13 PM
Author: Deranged Rehab Double Fault

@ Fanatic

thanks for your inputs so far. Do you enjoy your work at BCG? Do you feel challenged, feel like you are learning valuable skills, etc?

What are typical salary range for post MBA MBB associates who do MBB for 3-4 years and go industry? Do you happen to know the career trajectory / comp potential for post-MBA MBB consultants who go in-house after several years in consulting?

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27727643)



Reply Favorite

Date: April 20th, 2015 11:50 PM
Author: dark affirmative action

It's a love/hate relationship because my peers are awesome and smart - i definitely feel challenged in this regard. Imagine working with fellow STEM Ph.D.s from Stanford, MIT, Princeton, etc etc. You definitely get challenged by your peers. But sometimes we get bitch work and shitty clients - they are demanding with unreasonable work at times due to the high bill rates and short stints.

Sometimes we do boring as shit cost optimization projects in which we review sales compensations and operating cost statements for inputs into cost reduction models.

Sometimes we do Mergers and Acquisitions strategy in which we see if there are redundancies after merger, another boring as shit area. But other times, I do analysis on market share capture and strategic pricing initiatives based on consumer trend inferences and product offerings which is cool.

People from MBB who go in-house typically become product managers in good tech companies like facebook/google or directors/senior strategy directors at more average clients (HP, Ross, Levis, Nike, random shit). They might also do shit like Venture Capitalism or another industry.

From my friends at MBB who have stayed for 3-4 years post MBA and have made it to the project leader/ case lead/ engagement manager levels, they usually take a paycut for a more stable job for around $200k to $250k + bonus (around $80k to $100k) or $150k for companies with stock options. They definitely have more of a straight forward shot to the C suite however.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27727902)



Reply Favorite

Date: April 21st, 2015 12:00 AM
Author: dark affirmative action

http://mesothelioma.xoxohth.com/thread.php?thread_id=2360371&forum_id=2&PHPSESSID=3d1dbb689e443f5b5f57acf7dd8fe1f4#24095829

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27727973)



Reply Favorite

Date: April 21st, 2015 2:18 PM
Author: Jet senate

make it all stop. this all sounds fucking awful.

(http://www.autoadmit.com/thread.php?thread_id=2857734&forum_id=2#27730870)