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Is there any value to getting a top MBA after making partner at a Big 4?
- Thread starter merkur
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Journeyman
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Is there any value to getting an MBA from a top b-school (eg Harvard, Wharton,Stanford) after making partner at a Big 4? Would you have to sell your equity partner share if you wanted to get an MBA?Originally Posted by merkur
I assume that this is a strictly hypothetical question because, if you were actually a partner in a leading firm, you would presumably already know if you had to sell your equity share so as to get an MBA, or you would be able to ask people other than those on an anonymous internet forum...
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No, average partner payout is in the range of $700k per year. No point in quitting for 2 years losing over $1M of pay just to get a $150k job. Not to mention that once you're a partner at a Big 4, you're pretty much set for life even if you leave the firm. I've never heard of a partner leave and not make at least $250k/year.
JayJay
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Is there any value to getting an MBA from a top b-school (eg Harvard, Wharton,Stanford) after making partner at a Big 4? Would you have to sell your equity partner share if you wanted to get an MBA?Originally Posted by merkur
No. An executive MBA might be useful, but I can't see how leaving for two years to get a traditional MBA would be worth the time away.
zillka
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yes and no..
by the time you make partner at big 4, the rationale for you swinging to buyside/pe is that its the CLIENT'S incentive...
and yes generally you'd make significantly more at that level, but to be honest at partner level, the invitation to switch is based not if you have MBA, but on your relationships with clients and if they like you're work/persona..
i answered assuming you wanted the MBA to jump to a buyside shop..
if you want to get an MBA, and STAY as partner in Big 4, then yeh that doesn't add much value..CPA is still king at Big 4
by the time you make partner at big 4, the rationale for you swinging to buyside/pe is that its the CLIENT'S incentive...
and yes generally you'd make significantly more at that level, but to be honest at partner level, the invitation to switch is based not if you have MBA, but on your relationships with clients and if they like you're work/persona..
i answered assuming you wanted the MBA to jump to a buyside shop..
if you want to get an MBA, and STAY as partner in Big 4, then yeh that doesn't add much value..CPA is still king at Big 4
amerikajinda
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can I change my vote?
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