#FreeCvM
Don’t really agree with the article, no MBA automatically eliminates you from a significant amount of job openings and the value of a network over your career cannot be overlooked over the amount of “opportunity cost” the article mentions.
If you can get into a Wharton MBA and are already in the industry of your choosing, chances are you’re going to be successful in your career regardless. At that point, it is more of a lifestyle choice.
If you’re a chick, MBA tends to equal M.R.S. degree as well… amiright?
The opportunity cost is going to be high for the best schools just by math alone. They have higher tuition and they only accept the best candidates, who are already earning well above average salaries.
to standardize this against schools they should really use a metric like oppcost/avg post grad salary to determine the payback period, and the amount of incremental wealth you’re adding on over 25 years. (maybe not practical for an academic study but I modeled my own decision with probabilities and salary payoffs)
I think so.
I know a harvard HBS couple and thats what she says. She basically is housewife now, but starts these small venture startups as well on side related to baby care. I sold a large triptych to them for their baby.
What is with all these retired business school women with childcare related “startups”? They all have an idea that no one with babies has ever thought about and will change everything, apparently.