Some business schools are shutting down their on-campus MBA programs
The two existing comments are from people who are considering an MBA at some point, so perhaps these thoughts are helpful:<p>- Doing a full time MBA at a top school (or any school) is a large commitment of time and money. If your aim is to start a business, then it&#x27;s worth considering what you could achieve with the same amount of time+money invested in getting that business started. If your aim is to get a promotion then, again, it&#x27;s worth considering the opportunity cost.<p>- Some of the things you&#x27;ll learn during the MBA can easily be learned on your own. But 90% of us usually only study the stuff we find most interesting or most immediately relevant. An MBA is a good mechanism to force some breadth.<p>- The people who get most out of an MBA (from what I&#x27;ve saw at my school, and other people I know) are those who have a clear goal, and have done some research beforehand about how an MBA from their chosen school will help them to get there. Those people also spent a significant portion of their time researching jobs, and trying to meet people to get leads. They didn&#x27;t just focus on the classes until near graduation, and then apply via standard processes. They were focused on their goal (e.g. &#x27;M&amp;A Associate position at a top-tier investment bank&#x27;) from the first day, until they got their job offer.<p>- There are plenty of people who pursue a full-time MBA as a &#x27;break&#x27; from work, or because they want to learn a set of skills they can apply in their existing or future business, or because their employer (e.g. investment bank, or top-tier consulting firm) expects it and pays for it, or even just for fun. These are all acceptable reasons. But pursuing an MBA because you think it&#x27;s a magic solution to $current_career_problem probably won&#x27;t end well[0].<p>[0] This last part might be incorrect if you end up at a top school. Like, maybe if you do an MBA at Harvard you won&#x27;t even need to apply for jobs, and people will come knocking on your door. I don&#x27;t know. But I suspect the intersection of people who (i) get into HBS, and (ii) have unrealistic expectations of what a piece of paper can do for their career, is pretty small.