Career switch from O&G industry after 10yrs experience

Hi Umang,

Yes Oil & Gas has been badly hit since 2014 and even after reduction in production of OPEC nations, the trend follows. Did you know that in the aftermath of 2008 financial crises the no.of applications spiked in business schools. I think you're going in the right direction. That is, to enhance your skills and possible change your industry. The opportunity cost will be the least during a recession period. Having said that, you are a better judge of your financial realities should you choose to pursue an MBA

1. How will you finance it? Savings or loan?
2. If loan, how will you repay it?
3. Can you afford to stay out of work force for 2 years or looking at your age maybe 1 year is better or maybe even executive MBA?
4. Go international or domestic?

Apart from your finances, I think it will be a good decision to pursue an MBA now. Hope this helps. Good Luck !

Best,