ukbondraider wrote:
I am so close to just abandoning this MBA idea.
I dont have a family although do have along time girlfriend.
An eMBA will not provide any opportunities for me to move out of my current role in my opinion. The eMBA does not have the careers event where banks come to campus to recruit. In my opinion this is key and why I would never do a 1 year normal MBA (INSEAD, IMD) nor a part time MBA.
I have been trying to get back into a front position at a bank for the last couple of years but the credit crisis hasnt helped.
Sure I can continue to look but the longer it takes, the longer I will be stuck in my current dead end role or have to settle for a mediocre role in the middle office at a bank.
My initial thought was that the MBA would at least give me a chance to apply to the associate graduate posistions that come up every year at banks. From my experience, once you are out of the front office circle it is virtually impossible to get back in except through the analyst or associate graduate training programmes. Hence why the MBA will give me a second chance.
However, if people are saying that my age will mean that I will not be even looked at for these associate positions, then it will not be worth taking the MBA unless the MBA will open doors to other interesting jobs (am not interested in consulting).
So what do people think?
Any older MBA graduates available to give your opinion?
Think that the MBA can open you OTHER doors. I know plenty of people that changed their post-career objectives while at the MBA:
1 - MIT-Sloan: A friend with stellar academics and engineering work experience changed his mind from IB to consulting before the summer. He graduated and is now working for Mckinsey.
2 - WHARTON: A friend from BCG wanted to move to IB. Got his dream summer internship at a big bank in Wall Street and hated it. After graduation he got a offer as M&A director from a big real state company and is making more than he would in IB and only works 40hr./week
3 - Berkeley: A friend from IT wanted to switch to consulting. Was dinged on every consulting internship process. After graduation he got a product manager position in the Silicon Valley and is loving it.
Since you are already 33, the best you can do is to market yourself interesting for the MBA admissions. Say you want to move to director of front office or something.
Upon admission, then it is another story !!!!
Most of the people like to glorify its career future path and admissions people seems to like good stories... But LIFE is not predictable. So give a shot and apply !