rishi4you wrote:
Folks,
Wanted to take your opinion on whether age is a determining factor into getting into a PT MBA programe from Stern, Tepper, Sloan , Columbia. I am 35 with 10+ years of exp in IT and worked with top 2 consulting companies IBM , Capgemini . Had a solid career progression and have reached a point where in i believe i need more push to get to the next level . Hence decided to get my part time MBA. Have a BS degree from India (Mumbai University with a 2.9 GPA) and a GMAT score which is not that good (610 Q45 V 27). Planing to give my GMAT again.
But wanted to check whether age( planing to apply Spring 2010, by the time i complete i would be 38-39) would be a deciding factor in my application and whether i should consider opting for a EMBA instead. How much would a PT MBA help specially if i am making a decent 120k+ now. Can i think of taking a 180-200K jump post my MBA.
thnks for your replies!!!
As far as your salary bump, you are looking for a 50% increase in salary after your MBA. That is unlikely especially because you are already making decent dollars. A person who made pre-MBA salary of $75K can often expect to get a 50% bump. But the salaries just don't climb very much after they hit your level (not in real value) UNLESS you get promoted to a senior level Director position or become an entrepreneur.
A $180K to $200K salary is definitely a C level (CTO, CIO etc) pay for small to medium sized firms. I would think an MBA from a leading school will help you but not immediately (unless you are already a senior level manager).