Another MBA question?

Question:

Ok, I cannot decide on what to do and need some advice. I have been out of college for eight years and I will be 32 years old this August ( I wasted two years with a transfer and major change). I want to change my career without lowering my income level; but I cannot decide whether an MBA is the right path. I am currently a software developer with a financial firm and make more than 100k. Most MBA program's starting salaries do not match my current income and so I am assuming that I need to get into one of the top programs. But I am not sure whether I would ever be accepted to one of those programs. Can anyone tell me whether I should even bother? Here are my stats:3.3 GPA from Cal Poly, Pomona; LSAT score @ 93% (changed my mind about law school after the test). I do not have any great story other than overcoming a learning dissability--but I can't see that as something I should share with an admission board. Any thoughts? Will a GMAT score of 700 open the doors?

Answer:
You said you want to change careers. My suggestion is that you see a career counselor at a local university and discuss your career options. They are very helpful and their services are free to prospective and ongoing students. Or you could pay for the services of one who is listed in the phone book. They have psychometric tests and other tools to help you decide what to do. You have many options.

There are many ways to define success. You are very successful in your current position, but if you are not happy then you need to look at your options. You do have choices, fortunately. Best wishes.

My question to you is why are you looking for persue a MBA when you're making over 100k? Most people want the MBA to make more money. If you already make 100k, I highly doubt your employer will give you a raise 'cause of a MBA. I have heard many advices, and the best one so far is "If you have a career and making good money, there's no point in wasting time and money on a MBA"

Most MBA candidates haven't been in the workforce as long as you have. If you want to pursue the degree, you might do well to look at schools with executive MBA programs, where the average student tends to be older and more experienced. However, most of those students are also looking to continue in their current fields, so you should talk to an admissions officer and see what s/he recommends.

Another MBA question?

Hot Topic