Expand mobile version menu

Real-Life Activities

Real-Life Decision Making -- Solution

You skip the MBA and stay where you are.

This is the real-life decision made by investment banker Marc Cabrera. "I eventually chose to remain at the firm and gained two very valuable years of experience," he says.

He also was promoted to an associate position, which he says is typically reserved for MBA graduates. "My feeling is that the experience gained in the real world is hard to replicate in an academic environment." Today, he is a managing director at his own firm.

But the decision whether to get an MBA is a very individual one. You need to be in tune with your personal and professional goals and balance them against the realities of the marketplace.

There are many factors to consider. How far do you really want to go in your career? If the peak of Wall Street is your goal, an MBA might help. If you'd prefer working at a smaller business, you might skip it.