I am 29-year-old successful telecommunications professional currently working as manager in a multinational telecom concern.
I am planning to apply to HBS through the Fulbright Scholarship Program. If inducted, I would be able to study anywhere within the US (provided I get the admission).
This plan would mean an admission into HBS (if i ever get close to it) or for that matter any other decent business school at an age of 31 and that I would have completed my MBA by the age of 33.
Many of my friends are advising me against this plan. They say that an MBA degree after the age of 30 won’t do me good.
I need your experienced take on this subject.
The Harvard MBA says:
I’ll keep it short and sweet, rather than doing a whole discounted cash flow analysis:
I have plenty of friends who did their MBA after the age of 30. It had a major impact on their career, and I know they don’t regret it one bit.
Given the continuing increase in human lifespan, the difference between getting your MBA at 29 and 33 is negligible. It’s like saying that if you can’t get a driver’s license before the age of 19, you shouldn’t bother.
Another option, perhaps lower-risk, is to do an online MBA. That way you don’t have to give up your job or relocate. The rewards in terms of networking and connections won’t be as great, but it may be a better risk-reward ratio for your needs.
Your friends may be well-meaning, but in this case, you should reject their advice.