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26 Mar 2020, 07:17
Kudos
Bookmarks
Hope everyone is doing well in these uncertain times.
I was hoping you could provide some insight. I graduated with my HBA from Ivey and my JD from Western (dual degree) in 2017. I've been a practicing lawyer in business law since that time, but I've always known I want to transition into a business role (and only supplement my skillset with my legal knowledge, not actually practice law). I've been working at a Bay Street firm since I summered/articled/graduated, and am currently looking to make the move to an in-house legal counsel role.
I have also been considering doing my MBA, and I think I've decided it would be a good option for me, especially given that I want to transition to a business role (and less legal). I have two options that I am currently considering:
(1) Ivey's Full-Time MBA (8 months). This would be 8 months for me as I've graduated from their HBA program. The cost of the program is around $50,000, less any scholarships I may be eligible for. I'm going to start studying for the GMAT this week. I can start as early as July, but this would take me out of the workforce for at least 8-9 months while I'm at school, and I'll have to move to London.
(2) Rotman's Part-Time MBA (30 months, 2x a week). This would be obviously a longer program, but I would be able to continue working full-time (making decent money as a lawyer). The cost of the program is around $90,000, less any scholarships I may be eligible for. I could start as early as this upcoming August, but I'm not sure if that'll give me enough time to write/prepare for the GMAT (I believe the final application deadline is the end of June, and scholarship money is on a first come, first serve basis). Alternatively, I could wait until next August before starting and take my time to ensure I get as high of a GMAT score as possible.
The ultimate goal is to transition to a business role, as I've mentioned, but I'm not sure in exactly what capacity just yet. I am drawn to business strategy/consulting roles, but not the traditional consulting roles that take you out of the country every week.
Some personal information about me that I am factoring into my decision: I'm 28, I'm getting married in December, and we just bought a house in Toronto (and obviously have a mortgage). The house is about 15 minutes by subway to Rotman.
Any insight is greatly appreciated!
I was hoping you could provide some insight. I graduated with my HBA from Ivey and my JD from Western (dual degree) in 2017. I've been a practicing lawyer in business law since that time, but I've always known I want to transition into a business role (and only supplement my skillset with my legal knowledge, not actually practice law). I've been working at a Bay Street firm since I summered/articled/graduated, and am currently looking to make the move to an in-house legal counsel role.
I have also been considering doing my MBA, and I think I've decided it would be a good option for me, especially given that I want to transition to a business role (and less legal). I have two options that I am currently considering:
(1) Ivey's Full-Time MBA (8 months). This would be 8 months for me as I've graduated from their HBA program. The cost of the program is around $50,000, less any scholarships I may be eligible for. I'm going to start studying for the GMAT this week. I can start as early as July, but this would take me out of the workforce for at least 8-9 months while I'm at school, and I'll have to move to London.
(2) Rotman's Part-Time MBA (30 months, 2x a week). This would be obviously a longer program, but I would be able to continue working full-time (making decent money as a lawyer). The cost of the program is around $90,000, less any scholarships I may be eligible for. I could start as early as this upcoming August, but I'm not sure if that'll give me enough time to write/prepare for the GMAT (I believe the final application deadline is the end of June, and scholarship money is on a first come, first serve basis). Alternatively, I could wait until next August before starting and take my time to ensure I get as high of a GMAT score as possible.
The ultimate goal is to transition to a business role, as I've mentioned, but I'm not sure in exactly what capacity just yet. I am drawn to business strategy/consulting roles, but not the traditional consulting roles that take you out of the country every week.
Some personal information about me that I am factoring into my decision: I'm 28, I'm getting married in December, and we just bought a house in Toronto (and obviously have a mortgage). The house is about 15 minutes by subway to Rotman.
Any insight is greatly appreciated!
18 Oct 2020, 17:38
Kudos
Bookmarks
Actually your situation is similar to mine and different from the typical cases here.
I can offer my 2 cents here although it may be a little late:
1) Don't worry about the 9-months opp cost. You can make it up pretty fast later.
2) Your choice will highly depends on your current career path/situation and how quickly/possible you can move up. If your degree/skills doesn't prevent you from moving up and you do have a good spot from your boss, then take it slowly to do your MBA such as Rotman PT-MBA. Otherwise, go for IVEY to make some dramatic change.
I can offer my 2 cents here although it may be a little late:
1) Don't worry about the 9-months opp cost. You can make it up pretty fast later.
2) Your choice will highly depends on your current career path/situation and how quickly/possible you can move up. If your degree/skills doesn't prevent you from moving up and you do have a good spot from your boss, then take it slowly to do your MBA such as Rotman PT-MBA. Otherwise, go for IVEY to make some dramatic change.
