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# How Much Money To NOT Go To School?

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Director
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How Much Money To NOT Go To School? [#permalink]

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19 Apr 2007, 13:29
I've asked this before, but I want to ask it again now that most people have been accepted somewhere.

How much money would someone need to offer you as a lump-sum (no taxes) to NOT go to business school. In other words, they would hand you the money, and you would never be able to go to business school ever.
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19 Apr 2007, 14:40
That would make calculating out the ROI a little more difficult...especially if you want to calculate the 5 year payback.
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19 Apr 2007, 18:01
Amazing. So far two people have said more than 2 million dollars. That means if they won two million dollars in the lottery tomorrow, they would then be willing to pay tuition of a little over 2 million dollars to go to b-school. People had similar answers last time I had this poll, but I was wondering if the whole process of applying had discounted the value of an MBA for people.
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19 Apr 2007, 20:49
My answer would still be the same.

No matter what, I am going to B-School. I did not sacrifice so much just for x amount of money.
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20 Apr 2007, 04:44
I'm also really looking forward to school. Making a lot of money isn't the only reason I'm going to school, I am looking forward to the experience, and to actually learning, but my main goal is to graduate with greater earning power, so give me $500,000 and I'd easily walk away. I suppose for those planning to go into i-banking (and planning to beat the odds of most i-bankers, i.e. not burning out after a couple years and leaving the industry, actually sticking around to make huge huge salaries) that greater riches lie ahead. Current Student Joined: 04 Dec 2006 Posts: 440 Followers: 1 Kudos [?]: 7 [0], given: 0 ### Show Tags 20 Apr 2007, 04:58 jaynayak wrote: My answer would still be the same. No matter what, I am going to B-School. I did not sacrifice so much just for x amount of money. Wow, that is dedication and drive. I can say for 800K I would walk. Jay you are telling me if someone walked up to you and opened a brief case with 2 mil. in it you would not take it and walk away. I find that hard to believe. This is almost like a game we play with the drunks at the bar where I tend. It is would do X for$Y? i.e. " Would you sleep with 300lbs, ugly, smelly girl for 10K? and then keep going up. It is funny how everyone has a different approach to the game. Some answer realistically and other are just plain lying. I would love to meet someone who would not wax it with a girl for 10 mil. If you are here please tell me!
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20 Apr 2007, 06:58
I'd do almost anything for $10mil I think It's interesting to point out tho, even tho I would "give up" bschool for a large sum of money, I would want to go even more if I win the lottery. That's because it would be so useful in learning about investments and how to run your own company etc. with$20mil + mba I think one can achieve a whole lot!
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20 Apr 2007, 07:26
I voted $2MM. Current Student Joined: 29 Jan 2005 Posts: 5238 Followers: 25 Kudos [?]: 377 [0], given: 0 ### Show Tags 20 Apr 2007, 18:02 rhyme wrote: I voted$2MM.

I knew it all along.

Honestly, I would walk away with a cool $1 mil and use the cash to finance a PHD of LLM instead, maybe both. 800K just wouldn't quite be enough. Current Student Joined: 29 Jan 2005 Posts: 5238 Followers: 25 Kudos [?]: 377 [0], given: 0 ### Show Tags 20 Apr 2007, 18:04 fluffydot wrote: I'd do almost anything for$10mil I think

Would you sell your soul to the man down under?
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20 Apr 2007, 18:29
$500,000 for me I think I can turn this into millions within a couple of years. VP Joined: 24 Sep 2006 Posts: 1359 Followers: 10 Kudos [?]: 198 [0], given: 0 ### Show Tags 20 Apr 2007, 19:51 2 million x 5% year = 100 grand = realizing my vision of being an "unemployed person with quite good living standards". Maybe become an ad honorem teacher or professor. Cheers. L. Senior Manager Joined: 30 Aug 2006 Posts: 374 Followers: 3 Kudos [?]: 65 [0], given: 0 ### Show Tags 21 Apr 2007, 02:27 2 mill. 1 mill for one of these: http://www.oysterbrokerage.com/yacht_de ... achtid=159 (or one of these http://www.elmarine.com/moody-64.htm) and the rest on living expenses as I sail round the world Manager Joined: 25 Sep 2006 Posts: 248 Followers: 1 Kudos [?]: 0 [0], given: 0 ### Show Tags 21 Apr 2007, 08:09 GMATT73 wrote: fluffydot wrote: I'd do almost anything for$10mil I think

Would you sell your soul to the man down under?

Isn't that essentially what I'm doing when I sign up for an IB career?
So I guess the answer is 'yes'
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21 Apr 2007, 08:50
sometimes I get confused and think "is it really worth it to just spend 2 years of my life doing an MBA at harvard or wharton even though I get full scholarship ?"
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21 Apr 2007, 15:46
Mishari wrote:
sometimes I get confused and think "is it really worth it to just spend 2 years of my life doing an MBA at harvard or wharton even though I get full scholarship ?"

Is this some kind of weak attempt at bragging?
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21 Apr 2007, 17:32
Tonight is the powerball...40+ million would be enough that if I won I wouldn't even think about school.
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21 Apr 2007, 17:42
rhyme wrote:
Mishari wrote:
sometimes I get confused and think "is it really worth it to just spend 2 years of my life doing an MBA at harvard or wharton even though I get full scholarship ?"

Is this some kind of weak attempt at bragging?

I checked out some of his other posts and I don't think he's bragging - I think he's grammar challenged. I don't believe he's applied yet.

I think what he's trying to say is I don't know if I'd go "even if I get a full scholarship" rather than what he wrote "even though I get full scholarship".
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21 Apr 2007, 20:16
Bragging ?!!! I barely have a 600 GMAT with no WE and nothing whatsoever .. I'll be glad if ANY MBA program accepts me

Full scholarship at harvard ? in my dreams ..

It's just a hypothetical question .. nothing more .. nothing less
I was assuming: what if something magical happened and wharton offered me a full scholarship at their MBA program .. is such an opportunity cost of spending two more years studying rather than getting a work experience worth it ?

I guess that's just because I'm not sure about the value of an MBA ..
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21 Apr 2007, 21:09
Just out of curiosity, and please don't take this the wrong way...just how old are you?
21 Apr 2007, 21:09

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# How Much Money To NOT Go To School?

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