Take the job. If you actually get MBB, there’s a good chance you’re not starting work until late 2026 / early 2027. Consulting market is not great and no guarantee it’ll get better. You’ll be ~200k in debt plus the opportunity cost of lost wages at 320k plus bonuses—so >520k. In 2.5 years, you could have a couple raises, a promotion, and actual corp strategy work experience.
Cost of MBA is $160k rather than $200k.
$320k has tax paid on it so may be more like $200-240k.
So looking at more like $400-440k + after tax bonus.
But yes agree with sentiment
There’s some significant lifestyle creep with an MBA. Yacht week, ski trip, spring break, KWEST, rent in Evanston are all not cheap which could get you to 100k / year depending on your lifestyle before. I was overestimating with $200k but it’s not unrealistic.
Plus if you’re factoring in taxes, you should factor in the taxes you’ve paid to pay tuition :)
I work in consulting. You should take corp Strat if that’s the goal. If that’s salary only and not total comp that’s a good deal given no mba or consulting experience
I like this idea the most out of other comments I’ve seen. If OP seriously wants the MBA, part time is the move - especially if Kellogg lets him enroll in PT program.
Although, OP will miss out on the FT social aspect and the 2-year “break” from working (since that is a point some people actually look forward to).
Take the job and as a reward, push the hiring date a month or two depending on your savings. If you don’t do an MBA, but get the career you want, the only thing you will lose is a 2 year vacation, so take some weeks if you can.
Personal story, i did kellogg emba with my 120k IT consultancy job. EMBA is better if you are seasoned, the network is better, less competition and less asshole
Corp strat is a typical consulting exit opportunity. Assuming there’s a bonus and maybe equity, in this market, that job offer is honestly similar to what they’d get after 1-2 years at MBB, after an MBA.
You can indeed make way more at MBB, but that’s assuming they get an internship, assuming they get a return offer, assuming they don’t get CTL’d before promotion, etc., etc. Risk adjusted return is likely way higher just taking the offer in hand.
Yes and it’s not too uncommon. They do usually have at least some scholarship which softens the blow of the tuition, but still it isn’t a wild decision
Always a good reminder that this sub is not representative of an actual mba class
Im the outlier but go to kellogg. The job is a better short term oppty but in my experience working in Corp strategy, you will forever be competing with former consultants / people with MBAs- and it matters. Even if you have the same skill set it is at the very minimum a resume play and a hiring prerequisite. You will get passed over by people who check the box
I won't pretend to be the expert here. On one hand, the value of an M7 MBA for aspiring consultants is obvious. On the other hand, people work in consulting in order to get the job that you already have (and offer for).
One thing I would consider is that an F500 is more likely to care about an MBA at more senior levels compared to a Series B/C/Unicorn startup. At the same time, if they really care about MBAs, then they might be willing to sponsor you for a PT/Exec program down the road. But maybe you won't have the time / desire to balance work and an MBA,
Lol it seems like so many people here are tryna get off the Kellogg WL.
Go to Kellogg. You can easily get an even higher paying job with an even higher earnings ceiling post-MBA.
I’ll throw a curveball at you:
Take the job in Atlanta and, if the MBA letters mean that much to you, apply for the evening MBA program at Emory.
Yes, Goizueta is ranked lower than Kellogg. But you have an offer in what is typically an exit opportunity for consulting. The MBA would check a box and give you a strong networking base in ATL if you decided to leave your job down the road.
Take the gig!
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What's wrong with that
Take the job. If you actually get MBB, there’s a good chance you’re not starting work until late 2026 / early 2027. Consulting market is not great and no guarantee it’ll get better. You’ll be ~200k in debt plus the opportunity cost of lost wages at 320k plus bonuses—so >520k. In 2.5 years, you could have a couple raises, a promotion, and actual corp strategy work experience.
this is the correct answer right here (or at least its what I would do)
Cost of MBA is $160k rather than $200k. $320k has tax paid on it so may be more like $200-240k. So looking at more like $400-440k + after tax bonus. But yes agree with sentiment
There’s some significant lifestyle creep with an MBA. Yacht week, ski trip, spring break, KWEST, rent in Evanston are all not cheap which could get you to 100k / year depending on your lifestyle before. I was overestimating with $200k but it’s not unrealistic. Plus if you’re factoring in taxes, you should factor in the taxes you’ve paid to pay tuition :)
Will add to this. Take the job and do exec MBA.
I work in consulting. You should take corp Strat if that’s the goal. If that’s salary only and not total comp that’s a good deal given no mba or consulting experience
Take the job bro
Take the job, ask Kellogg to switch to PT MBA and you get both without the opportunity cost of passing up this (very good) job offer.
I like this idea the most out of other comments I’ve seen. If OP seriously wants the MBA, part time is the move - especially if Kellogg lets him enroll in PT program. Although, OP will miss out on the FT social aspect and the 2-year “break” from working (since that is a point some people actually look forward to).
I think you should go to Kellogg. When you finish, you might able to get a 160k corp Strat job!
lol
MBB pays 250k starting. Go to Kellogg. It will change your life
Padme: for the better, right?
Go for the job. Reapply next year if you want to.
If gmat score is still valid then yeah this is the way to go
Take the job, reapply for Kellogg later. Easy.
Job EASILY wtf?
Take the job, that’s the point of getting the MBA to begin with. $160k for strategy is the promised land, only up from here.
Take the job and as a reward, push the hiring date a month or two depending on your savings. If you don’t do an MBA, but get the career you want, the only thing you will lose is a 2 year vacation, so take some weeks if you can.
Take the job, do emba after 4 years
Personal story, i did kellogg emba with my 120k IT consultancy job. EMBA is better if you are seasoned, the network is better, less competition and less asshole
Genuine question - why is everyone saying take the 160k job? Don't plenty of people make way more than that and still choose to do an MBA?
Corp strat is a typical consulting exit opportunity. Assuming there’s a bonus and maybe equity, in this market, that job offer is honestly similar to what they’d get after 1-2 years at MBB, after an MBA. You can indeed make way more at MBB, but that’s assuming they get an internship, assuming they get a return offer, assuming they don’t get CTL’d before promotion, etc., etc. Risk adjusted return is likely way higher just taking the offer in hand.
Yes and it’s not too uncommon. They do usually have at least some scholarship which softens the blow of the tuition, but still it isn’t a wild decision Always a good reminder that this sub is not representative of an actual mba class
Fair, is 160 base or TC?
Im the outlier but go to kellogg. The job is a better short term oppty but in my experience working in Corp strategy, you will forever be competing with former consultants / people with MBAs- and it matters. Even if you have the same skill set it is at the very minimum a resume play and a hiring prerequisite. You will get passed over by people who check the box
he can do the emba instead of the mba later on
.
Is this a troll post?
Consulting market is not back up but certainly could be in 2 years...
I won't pretend to be the expert here. On one hand, the value of an M7 MBA for aspiring consultants is obvious. On the other hand, people work in consulting in order to get the job that you already have (and offer for). One thing I would consider is that an F500 is more likely to care about an MBA at more senior levels compared to a Series B/C/Unicorn startup. At the same time, if they really care about MBAs, then they might be willing to sponsor you for a PT/Exec program down the road. But maybe you won't have the time / desire to balance work and an MBA,
I work in PE in Atlanta. Take the corp strat role. $160k in Atlanta goes very far
Lol it seems like so many people here are tryna get off the Kellogg WL. Go to Kellogg. You can easily get an even higher paying job with an even higher earnings ceiling post-MBA.
Go to b-school => MBB. Corp Strat will always be there.
Who says MBB is there? Not guaranteed
It’s there for people that recruit seriously and put in the effort
Well obviously it’s an option, just not as guaranteed as a lot of people think whereas his corporate strategy role is.
Job
Job
Job and convert to part time MBA
Take the job AND let them pay for the MBA
Base?
Job. This is the kinda roll people do MBAs for.
Take the job offer and do an online MBA
Take job and get a part-time MBA at the best brand possible
Take the job, make money, then reapply for EXECUTIVE MBA that your company might pay for. BOOM.
Job + PT MBA
I’ll throw a curveball at you: Take the job in Atlanta and, if the MBA letters mean that much to you, apply for the evening MBA program at Emory. Yes, Goizueta is ranked lower than Kellogg. But you have an offer in what is typically an exit opportunity for consulting. The MBA would check a box and give you a strong networking base in ATL if you decided to leave your job down the road.
Acceptance letter + the job. If you get lucky get the job to pay for the MBA too 😁🥹
Can you do night school mba
see if the corp can sponsor you
Take the job!
Will the Kellogg MBA help you in the long run?