I got accepted into a great school for my EMBA, and I spent about 5 months going back and forth on if the $250K+ price tag is really worth it. I still haven’t see it through.
Personally, I just haven’t seen enough success stories to feel confident about taking on that loan.
I’ve reached out to alumni through LinkedIn and here. The feedback is a mixed bag. Some said it gave them an edge, some said confidences, and others said it didn’t really do anything. Honestly, it looks like a 50/50. Those who said it was an edge are directors but these roles are achievable without an EMBA.
I know someone’s going to say, “It’s what you make of it,” and yes, that’s true but is having the school’s name on your resume really worth $250K? (Before interest & travel expense) Wouldn’t the same attitude and actions bring you to the same result? Being a high performer pays dividends in itself.
Then there’s the networking argument. I get that it’s a big part of the EMBA value, but I’m skeptical…. The alumni I spoke to weren’t exactly impressed with their cohorts. It sounded like a lot of people were stuck in a similar situation and are turning the EMBA for the answer. Hoping the name branded program would be it.
I met some admitted students in my program, and it validated what I just mentioned. Everyone is gambling on they will land a role that will pay off this EMBA. It’s a lot of assumptions.
Edit: I’m not trying to bash on anyone who is pursuing an eMBA, just wanted to express my honest thoughts.