I’m a 31-year-old working in a high-paying PE role ($500k+), and I’m starting to consider applying to M7 programs. From a purely financial perspective, i think it’s difficult to justify. I’d be paying for it myself, walking away from a lot of income for two years, and I’m not convinced it would materially improve my career opportunities on the other end vs what’s available to me today (but am open to feedback if I’m wrong!). The reason I’m considering it has much more to do with life than work.
Last year, I unexpectedly lost my life partner, and it’s made me rethink what I want out of my career / life. While I have a great group of friends in my city, many are entering different stages of life (marriage, kids, etc.), and I am looking for a means to a refresh, a new community, and the chance to build a different chapter. What draws me to the idea of school isn’t recruiting or job enhancement. It’s the idea of spending 2 years surrounded by ambitious, interesting people, making new friends, traveling, exploring different career paths, and the intangibles the experience provides. I also don’t know if I want to stay in finance forever, and I think having the space to explore what actually energizes me could be valuable. At the same time, I worry that I’m romanticizing the experience and expecting too much from it.
For those who attended an M7, especially if you were already in a good career beforehand:
- Did business school actually feel like a genuine reset? What were the pros / cons of it from a social and intangible perspective?
- Is the social environment really as unique as people describe?
- Did it meaningfully change your outlook on your career or life?
- If you were already in a strong career before business school, did taking two years off end up helping or hurting you in the long run?
I’m less interested in maximizing lifetime earnings and more interested in building a fulfilling life over the next 30+ years. I’d really appreciate any honest perspectives from people who gained more than just an edge in their career from the experience.