Non-trad background (3rd year medical student)

Based on previous WSO threads, here are some insights and considerations for your situation:

Key Points to Consider:

1. Career Transition and Fit:

   • Your background in accounting and medicine is unique and demonstrates versatility. However, transitioning to a new field through an MBA, especially at a prestigious school like Berkeley Haas, can open doors to various industries beyond accounting and medicine.

2. Financial Investment:

   • The cost of the EWMBA program is $150k over three years. While you can work during the program, it's essential to consider the opportunity cost and how this investment aligns with your long-term career goals.

3. Age and Career Stage:

   • At 33, you are not too old to pursue an MBA. Many professionals pursue MBAs in their 30s to pivot careers or advance to higher strategic roles. The part-time nature of the EWMBA allows you to gain work experience simultaneously, which can be advantageous.

4. Job Market and Opportunities:

   • The IRS job offers stability and a decent salary ($110k). However, if your goal is to transition into a different industry or role, the MBA could provide the necessary credentials and network to facilitate this change.

5. Networking and On-Campus Recruiting (OCR):

   • Berkeley Haas' Flex EWMBA provides access to OCR, which can be a significant advantage in securing roles in finance, consulting, tech, or other industries. Networking opportunities through the program can also be invaluable.

Recommendations:

• Evaluate Long-Term Goals:

  • Reflect on where you see yourself in the next 5-10 years. If the MBA aligns with your career aspirations and provides a pathway to roles you are passionate about, it may be worth the investment.

• Consider Financial Planning:

  • Assess your financial situation and how you can manage the cost of the MBA while working. Look into scholarships, employer sponsorships, or loans that might ease the financial burden.

• Leverage Your Unique Background:

  • Your diverse experience in accounting and medicine can be a unique selling point. Highlight this in your MBA applications and during networking events to stand out to potential employers.

• Seek Advice from Current Students and Alumni:

  • Connect with current students and alumni of the Berkeley Haas EWMBA program to gain insights into their experiences and outcomes. This can provide a clearer picture of what to expect and help you make an informed decision.

Ultimately, the decision to pursue the EWMBA at Berkeley Haas should be based on a thorough evaluation of your career goals, financial situation, and the potential return on investment. Good luck with your decision!

Sources: EMBA considerations, https://www.wallstreetoasis.com/forum/school/shall-i-take-usd-160k-loan-to-attend-wharton?customgpt=1, Georgetown MSB vs Michigan Ross vs UC Berkeley, eMBA Haas v eMBA Wharton SF for REPE, Infra PE, or RE Development, Is it possible to get accepted into an M7 MBA program when you don't have enough money to afford it?