Hi jrzayev,
I think that it depends on you.
I' be 34 when I'll start my 2 year Full-time MBA program.
I had also applied to 1 year FT MBA.
Some of the reasons I personally preferred a 2year program are:
-more time to explore alternatives
-more time to assimilate new concepts (I'm an engineer so business will be new)
-internship to try new things
A 1 year FT MBA can be great if you know exactly what you want, and from the little you've said about yourself could be a good option.
The sloan fellows are maybe a good alternative too, with MIT,LBS or Stanford MSx. Those are for candidates with senior roles, and also Full-time. I think each programme has its pros and cons. The MSx is the most interesting in my opinion.
An EMBA is great if you want to continue working alongside learning. It is quite hard to balance both and is quite expensive but your company may sponsor you. This one doesn't really help with relocation though. I only considered them briefly but I wouldn't manage full time job + learning; I admire those who can (and even more when they have kids! I want to know their secrets).
If you are rich or your employer is particularly generous, there are also some global EMBA such as TRIUM. This will take you to France (HEC), the UK (LSE) and the USA (CBS). I think there is another one with Hong-Kong, London (LBS), New-York (NYU). Less global ones such as from Chicago Booth (they have a London campus for example) can also make your career global if that is what you are looking for.
Finally, there are online MBAs. Those shouldn't be discarded as some are good quality and can be very affordable. I personally looked at Warwick University but there are many more. I don't think they are as good in terms of networking (but in times of covid, the difference may have been reduced) and in terms of prestige but the flexibility and affordability make them good contenders. I don't think they offer any relocation possibilities.
I think Banking has a fairly organised recruiting system, so I would advise you to discuss with alumni. I think for this reason a program with an internship might be better.
I'd recommend you to look into Insead January intake (and now is the right time to apply), it is a great school with fantastic alumni, where the average age is a bit higher than US b-schools. But honestly, I don't think age is a criteria, professional project is much more important.
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