Find all School-related info fast with the new School-Specific MBA Forum

It is currently 19 May 2013, 13:27
Customize  |  Hide

A fork in the road

  Question banks Downloads My Bookmarks Reviews  
Author Message
Intern
Intern
Joined: 29 Dec 2010
Posts: 4
Followers: 0

Kudos [?]: 0 [0], given: 0

A fork in the road [#permalink] New post 27 Jan 2012, 20:58
Hello

I am 34 years old, Indian, Software engineer, graduated from the best Undergrad Engineering School in India, went to a reasonable US school for an MS in Computer Science and since then have been working in the US for a really large semiconductor company.

A few months back, I felt the need for a career change/boost and an MBA appeared to be a good way to do it. I wrote the GMAT and got a 760 score. So far so good..

Last week I checked out the expenses for an MBA program and also the expected earnings after graduation, and was shocked that the price of a "name brand" two year MBA degree has gone up to $150,000-190,000.

My current salary is ~$130,000 an year. If I go for a two year program, the opportunity cost and the price of the schooling itself will equal $400-450000.

The impression I got from looking at the starting salaries posted by schools like Wharton, MIT, HBS,... is
1. I Banker 150,000 + Bonus. (really large 5 figures, 6 figures??)
2. Product Marketing 130,000 + Bonus. (30K or so.)
3. Consulting 130,000 + Bonus. (50K?)
----

Does it make sense for me to go for a full time, two year MBA program? I need to consider my age, and the opportunity cost, but I am unable to make up my mind..

Please help.. Someone?.. Anyone?.. :-)
Kaplan Promo CodeKnewton GMAT Discount CodesManhattan GMAT Discount Codes
Intern
Intern
Joined: 29 Dec 2010
Posts: 4
Followers: 0

Kudos [?]: 0 [0], given: 0

Re: A fork in the road [#permalink] New post 27 Jan 2012, 21:02
Did I mention that I have 10 years of work experience?.. :-)
Re: A fork in the road   [#permalink] 27 Jan 2012, 21:02
    Similar topics Author Replies Last post
Similar
Topics:
New posts Dirt Roads NEWKID 7 30 Oct 2004, 16:00
Popular new posts DIRT ROADS jinesh 19 27 Jan 2006, 21:21
Popular new posts rail roads Amardeep Sharma 10 28 Nov 2007, 18:33
Popular new posts Stick a fork in me - I am done with my GMAT (760)! english_august 13 28 Nov 2007, 22:34
New posts 2 Fork in the road: Lopsided 720 (Q44, V45). Retake strategy? trimetrus 9 09 Apr 2010, 04:51
Display posts from previous: Sort by

A fork in the road

  Question banks Downloads My Bookmarks Reviews  

Moderators: OasisGC, jordanhendrix



GMAT Club MBA Forum Home| About| Privacy Policy| Terms and Conditions| GMAT Club Rules| Contact| Sitemap

Powered by phpBB © phpBB Group and phpBB SEO

Kindly note that the GMAT® test is a registered trademark of the Graduate Management Admission Council®, and this site has neither been reviewed nor endorsed by GMAC®.