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06 Jan 2017, 14:07
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28 YO, in O&G, 5 years experience. Employed as a Reservoir Engineer (subset of petroleum engineering) for a Major (think Exxon, Chevron).
Desire to stay in O&G and eventually secure a spot in either (i) a MBA leadership development program for a Major or (ii) an Acquisitions & Divestiture role for an Operator, Energy PE shop, or PE backed private company.
Love my current role and looking for an * to enable a logical progression, instead of a big change. Already make good money ($130k salary + $30k marginal cash comp). Already, have a masters in Petroleum Engineering.
No $ from Booth
Free tuition at McCombs FT
Company would sponsor 3/4 tuition for McCombs PT
Am I crazy for leaning towards McCombs FT? Would the PT program preclude placement in a MBA leadership development program or PE?
Desire to stay in O&G and eventually secure a spot in either (i) a MBA leadership development program for a Major or (ii) an Acquisitions & Divestiture role for an Operator, Energy PE shop, or PE backed private company.
Love my current role and looking for an * to enable a logical progression, instead of a big change. Already make good money ($130k salary + $30k marginal cash comp). Already, have a masters in Petroleum Engineering.
No $ from Booth
Free tuition at McCombs FT
Company would sponsor 3/4 tuition for McCombs PT
Am I crazy for leaning towards McCombs FT? Would the PT program preclude placement in a MBA leadership development program or PE?
Porkbun123
Joined: 28 Jul 2014
Last visit: 23 Dec 2018
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Location: United States
Schools: Yale '19 (M)
06 Jan 2017, 15:36
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This is a no brainer for mccombs. UT Austin is king in Texas, and you're not looking to go into MBB consulting or Elite banking where booth has a noticeable advantage. Plus, don't underestimate how much effort it takes to pay down COA for two years. Heck, since you're looking to move up even part time looks better than Full time given you don't need to sacrifice pay.
Mo2men
Joined: 26 Mar 2013
Last visit: 09 May 2023
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Concentration: Operations, Strategy
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06 Jan 2017, 17:19
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You are not crazy at all. McCombs is the right place for energy as you will be in hub of the energy industry. I believe the Pt will make sense for you. Your salary is higher than the median salaries published in McCombs report ( $115,000). So no need to loose money for 2 years in FT study. You can still work, earn money and got your MBA with paying only 25% of tuition. It is great deal.
Good luck
Good luck
