Leaving a good salary for an MBA
March 22, 2011 7:33 AM Subscribe
Leaving a $120k salary behind. Am I really insane?
posted by anonymous to work & money (56 answers total) 11 users marked this as a favorite
I have had a solid 10-year career in software development, and currently I earn about $120k/yr as a senior engineer in a Silicon Valley company. Yet, I am about to throw it away and go for a full time MBA at a top 10 program in the East coast. Most friends say I am insane for doing that, and that it will take me forever to recover the financial stability I have now. Usually I don't listen to them, since I am really done with software development. But I am starting to get afraid that after two years studying like a dog, having no income, and $80k down in debt, I will fall victim to the dreaded US job market. Software seems to be immune to that, but the market for MBAs isn't. I know many of you will probably ask "what do you want to do?", and my answer is that I want to be a damn good product manager.
Am I going to regret my decision? I have seen quite a few cases where people get an MBA just to return to the exact same career path they had before. That thought makes me sh*t my pants. Also, it makes me a little (just a little) guilty to be leaving such a good salary at a time many families are scraping to make ends meet.