How Much Money To NOT Go To School?

Question

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.

riverripper · Answer

That would make calculating out the ROI a little more difficult...especially if you want to calculate the 5 year payback.

johnnyx9 · Answer

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.

jaynayak · Answer

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.

johnnyx9 · Answer

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.

squali83 · Answer

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! :lol:

fluffydot · Answer

I'd do almost anything for $10mil I think :lol:

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!

rhyme · Answer

I voted $2MM.

GMATT73 · Answer

I knew it all along. :-D

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.

GMATT73 · Answer

Would you sell your soul to the man down under?

died4me · Answer

$500,000 for me

I think I can turn this into millions within a couple of years.

lepium · Answer

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.

londonluddite · Answer

2 mill.

1 mill for one of these:

https://www.oysterbrokerage.com/yacht_de ... achtid=159 (or one of these https://www.elmarine.com/moody-64.htm)

and the rest on living expenses as I sail round the world :-D

fluffydot · Answer

Isn't that essentially what I'm doing when I sign up for an IB career? 8-)

So I guess the answer is 'yes'

Mishari · Answer

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 ?"

rhyme · Answer

Is this some kind of weak attempt at bragging?

riverripper · Answer

Tonight is the powerball...40+ million would be enough that if I won I wouldn't even think about school.

pelihu · Answer

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".

Mishari · Answer

Bragging ?!!!

I barely have a 600 GMAT with no WE and nothing whatsoever .. I'll be glad if ANY MBA program accepts me :roll:

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 ..

piper41955 · Answer

Just out of curiosity, and please don't take this the wrong way...just how old are you?

How Much Money To NOT Go To School?

How Much To NOT Go To School?

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