Hi everyone,
I often find myself researching MBA/EMBA/Masters programs given my love for education and a desire to have another university-based academic experience. I would like your thoughts on my path forward.
Background - Professional:
I completed my BBA in Canada with a 3.8/4.0 GPA. I worked at a Big 4 accounting firm for 10 years and then switched over to one of the MBB firms in as a consultant (post-MBA level). I have my CA (CPA) designation and am a CFA charterholder.
Background - Personal:
Completed my undergrad in 2010 with strong extracurriculars, was a high performer throughout my Big 4 stint. I am currently 33 years old, have a wife and one kid (one year old). Upon completing my CFA Level 3 exam, I started thinking that I want to exit audit and switch to consulting and decided that getting an MBA degree is the appropriate way to make that pivot. For the next little while I studied for the GMAT and researched schools, honing in on the likes of INSEAD and LBS. I also introspected and decided that consulting would indeed be the career switch I desire. At an LBS networking event, someone from one of the MBB firms overheard my goals and invited me to a networking event. There, I met recruiters and was encouraged to apply as an experienced hire (and to pursue the MBA route if I did not get in). The pandemic started shortly after, the process on both fronts got delayed, but in 2021 I received an offer and - after much deliberation given the time I had invested at my first job - made the switch.
The Dilemma:
I never thought I would get to the goal without going through an MBA. Researching programs relentlessly instilled within me a desire to actually go back to school. Now I hear that it is not necessary for me from a professional standpoint if I wish to stay in consulting and within Canada. I personally still feel the longing but worry about mortgage, opportunity costs, and compromising my family life. I try to stop thinking about it but get drawn to one-year MBA programs and EMBA programs, and would like to go to highly ranked ones instead of defaulting to a Canadian program.
The Research:
I have learnt about EMBA programs at INSEAD LBS, and the highly rated US ones but keep debating whether it’s worthwhile putting my family through it and eating into our finances. I did also look into Queens-Cornell, Schulich-Kellogg and SDA-Bocconi. I was most interested in MSx and Sloan type programs despite the mixed reviews and taking the year off. In an ideal world, I wish I had done the GMAT before the CFA and thought of all this sooner.
The Ideal:
Is there an EMBA or MBA program, that is globally highly prestigious, and that is also accessible for Canadians? In that, the in-person classes would be once every three months, in a block of time, instead of alternating weeks etc.?
The Question:
Should I even pursue this or focus on my job and family?
Thanks in advance! Love you all.
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