facebookOpportunity cost of working VS taking a Masters program (eg MsC, MBA)? - Seedly

Anonymous

28 Feb 2020

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Career

Opportunity cost of working VS taking a Masters program (eg MsC, MBA)?

Anyone has been through a similar situation. If I were to go and take my MBA I would lose out on the opportunity cost of earning a salary and bonus and promotion etc, vs getting an MBA which will get me more in the future, would appreciate some advice!

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Pascal S

28 Feb 2020

MBA Graduate at Singapore Management University

Hi Anon,

I feel like I am in great position to answer this (so does many of my classmates)

The short answer is straight-forward: Don't do anything

The long answer will dive into a philosophical debate about life, economics, business and what not. A few closed-ended questions:

  • Are you a non-business background undergraduate?

  • Are only seeking financial outcome as a result of a postgraduate degree?

  • Are you open to self-learning?

Say, your answers are yes, yes, and yes. Then, your solution is to self-learn. Simply because MBA programs are meant for networking and hopefully deriving a financial outcome from it (but I am an outlier in this case, sadly) and your learnings would be limited to undergraduate education year 1.

Oh well, I could go on but I hope you got an idea that it is all about your own situation and your available options.

Cheers,

Pascal

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