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Here is my dilemma. I'm 34 years old. I'm interested in obtaining a Phd in Management/Information Systems from an international university such as McGill or Univ of Toronto. The reason I want to obtain a Phd is to possibly fast track to VP or Director level at a major consulting company. My background includes BBA in Finance from a regional university in Texas (Summa Cum Laude), MBA from Houston Baptist University, 11 years of management and technology consulting (primarily large enterprise level business intelligence/data warehousing projects) at BearingPoint/KPMG Consulting, SAIC, several boutiques and several years in the high tech sector at NetIQ (now Attachmate). My recent job role is Architect/Project Manager. My professional designations include PMP certification and several BI software cerftifications. Additionally, I'm of Korean descent, born in Seoul and am fluent in the language. My current annual salary is $150k. Taking into account all those factors, does it make sense for me to pursue a Phd or even a Masters in Mgt from a global top 100 program to potentially 'fast-track' to an executive level or does the ROI make it not a worthwhile option? Also, what are the chances of acceptance? Any insight or suggestions are appreciated. Thanks.