Turning down Stanford (GSB)?

Hi All

I was looking for some practical thoughts/advice around turning down an offer from GSB.

I am currently an associate at a reputable UMM firm in a niche PE strategy that I am not in love with. I have recently been informed by the firm that they see me as a long-term team member and will be promoting me to VP after this year. The firm does not have an MBA sponsorship program.

Long-term, I want to pursue an entrepreneurial pathway, but coming out of school I would not mind staying in finance for a few more years. 

I am mainly worried about the diminishing value of the MBA brand in finance, the current struggle of VP recruiting, and the general opportunity cost compared to just staying in place.

I am very grateful for the opportunity that I have and would love to get some perspectives from anyone who has thought of pursuing an MBA, irrespective of whether you chose to go.

Thank you!

 

Thanks - under what circumstances do you think it would not be worth pursuing?

 

There are many finance jobs out there - even in PE.

There is only one GSB / HBS. Take GSB and don't look back. 

Coming from someone who has directly relevant experience in UMM/MF PE and GSB/HBS MBA

 

I really appreciate your perspective. Have you found the degree to be helpful to you in any ways that you didn't expect coming into the program?

 

Yes - community, deep friendships, professional "network", emotional support network. The MBA is not for the first 3-5 years out of school. It is a life experience that comes with it a lifetime membership to one of the most coveted and meaningful communities that exists. It gets even more valuable as you develop your life and career in ways that you absolutely cannot foresee. 

 
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