Hi Charlie,

This is indeed an interesting question which is probably relevant for a lot of users, thus I am happy to provide my perspective on it:

• It sounds like you have done a thorough analysis of the pros and cons of pursuing an MBA program and MBB afterwards at this stage in your career. You have identified some potential benefits, such as the opportunity to expand your network and leadership skills, and the potential for a wider range of career opportunities. However, you have also identified several downsides, such as the time and financial commitment, the potential for a less-than-optimal outcome in the recruiting processes, and the possibility of falling behind your current wealth trajectory.
• Given your goals and career trajectory, it may make more sense to continue on your current path and consider a part-time MBA program in the future if you feel that it would still be beneficial to your career. A part-time program would allow you to continue working while gaining additional skills and knowledge, and may be a less risky option than a full-time program.
• Ultimately, the decision will depend on your individual goals and priorities. It may be helpful to speak with individuals who have pursued MBA programs and MBB afterwards in your industry and get their perspective on whether they believe it was a worthwhile investment for their career. You may also want to consider seeking the advice of a coach who can provide additional guidance and help you weigh the pros and cons of each option.

In case you want a more detailed discussion on what to do in your specific situation, please feel free to contact me directly.

Best,

Hagen

Hi there,

I agree with Giacomo.

I also think you shouldn't rely on a Q&A to determine the entire rest of your career…

We don't know you and we haven't worked with you, so none of us are well positioned to tell you what to do.

I would keep in mind the following:

1. Just like you pay someone to do your taxes  or manage your wealth (because it's a big deal) consider paying a career coach to help you with the decision…this isn't something to go “free” on
2. MBB improves your overall security/safety. Your current company might bust. Defense spending might collapse (though it does seem the opposite is about to happen). 
3. MBB provides more flexibility. You might want something different in 5 years.

Ultimately, you don't know what will happen 8 years from now. MBA + MBB provides flexibility, security etc.

I'm not saying it's what you should do, I'm just saying think through your choices without so many hard and fast assumptions that are subject to change

If your goal is to stay in defence/space then I don't think you should leave to then come back. You will gain relevant operational experience by staying. Given your comment about internal politics, you will also need to keep building your internal relationships as you go up the ladder. Again, MBA + MBB won't help you accelerate this.

You mentioned broadening your opportunities. From my reading of your para, is this something you really want, given it seems you want to stick to the defence/space sector?

PT / EMBA is probably your best shot to expand your network, keep developing leadership skills, signal internally you are aiming to be a future leader, etc…

The cost benefit of whether forking out for that EMBA increases your lifetime earnings is hard to say. 

Hello,

Thanks for sharing the context, here are my thoughts:

1) I think you should continue with your current role on track to attain the Director position

2) Consider applying for an Executive MBA a couple of years down the line if you feel yourself craving a change (either for wanting to enter consulting, or wanting to take a break from your industry)

3) As an Executive MBA, you will potentially be recruiting for an Project Lead/ Engagement Manager position at an MBB (as opposed to a Consultant from an MBA) and thus you will be expected to have an industrial preference - which you clearly do.

Hope this helps! All the best!

Rushabh