mba8yrs
Hello,
The purpose of this message is to get your expert advice on pursuing an MBA for my case with "age factor".
An overview of my credentials is provided below:
Academics1. Masters from a US school (Graduated 2008) GPA 3.7/4.0
2. Masters form IIT - GPA 9.3/10.0
3. Bachelors from IIT - GPA 8.4/10.0
Work Experience1. 8 years exp (as of today) in a US company of approximately 1000 employees (energy industry)
2. Associate manager of a group supervising 10 employees
GMAT Score - 730
Target Schools for full-time MBAWharton
Harvard
Booth
MIT Sloan
Kellogg
Columbia
Duke
Target Schools for EMBAWharton
Columbia
Stern
Having said the above, it has brought me to the cross-roads to choose between a full-time MBA or an EMBA. I would like to get into Tech consulting post MBA.
A full-time MBA can potentially provide me an opportunity to change career. But in my case, is it less likely to get admission into top tier schools due to age factor (32 yrs) and work exp (8 yrs)? Additionally, it makes me wonder why would a company want to hire someone with 8 yrs experience as against someone with 3-4 yrs experience. Even if a company wants to hire me, would it be for an associate level position?
The other option is to pursue an EMBA, which makes me a little nervous. With a staggering loan of approximately $200K in top tier business schools, I want to understand if the opportunities or the ROI, if I may call it, are promising. The most important question that keeps haunting me is whether companies approach EMBAs during hiring process or would I be on my own post-MBA. Moving up in my current organization is not an option due to its flat structure.
I would really appreciate if you could provide some insight so I can make an informed decision. Thanks.
Hi mba8yrs,
8 years of experience, or your age may not be the biggest factors here. It is your transition from energy to consulting at this stage of your career that will be a bit difficult to effect. The Full Time (FT) MBA is the best option - EMBA programs can help you gain growth in your own industry, or capture adjacent opportunities, but might not be the best programs for a fairly radical shift. That said, if Tech Consulting is what you wish to be in, you might like to consider Cornell and Tepper in addition to the schools you have listed. Further, you might also like to look at 1-year MBA options (at Kellogg / Cornell, as just two examples, or abroad, say at INSEAD or at IMD).
Your prospective employer (post-MBA) would not hire you at an associate position, but a more senior one. A lot will depend on the transferable skills you bring in from your current job (people management, problem-solving, project management, for example). However, you might not get exactly the commensurate seniority you have in your current role. If you were to move to something like say energy consulting, though, you could get a much more senior role. That transition (to energy consulting, if at all an option you look at) could be possible even without an MBA.