<p>I know about exec or part time MBA’s, but do firms really pay for someone to take off two years to go to a top 20? Otherwise you are borrowing?</p>
<p>I am asking for my two S’s. I should have gotten one, and I think if I had one even from any of our state schools, I wouldn’t be unemployed at this point. Every job I’m going for is mba pref. But I digress, S1, ivy grad, top 99%gmat applied after 3 years of work, didn’t get into Columbia Exec program. His company would reimburse like 80% for part time. I guess he will reapply, or go to somewhere more local in NJ where he works. For S2 who is going to a state school, I think it would be worth it to get the mba at the state school or another affordable school particularly if he could get some merit scholarships. They are not top 1 or 2 tier, but I still think it is worth it. He could apply to some better schools of course. It is so hard to go back after you are working(as I can attest). </p>
<p>So, is there a downside to leaving college with an mba after 5-6 years as long as you don’t have to borrow more than $10-20K to do so? The downside I can think of is that you can’t later apply to a top 20 and you put off earning for 2 years. Thoughts?</p>