I've been doing some research for MBA programs and I am not sure what I should do so maybe somebody could help.
I just turned 40 years old. I've had a bit of an up-and-down career - I was a newspaper journalist and then when the newspaper cut my job I began doing freelance writing for the web. I've been doing that for maybe 5 years now and I have a solid client base. I'm at the point now where I have too much work and often have to sub contract out to other writers.
But I am really craving being on a career path where I'm growing and learning. I'm open to switching into a different field if it means more opportunity for growth.
I have considered a couple of options:
1. I could do an online MBA, and basically continue to do the work I'm doing. This is relatively low risk, because I'd still have an income while doing the program. It might be a lot of work and I know that these programs are not *cheap* but I'm sure I could swing it.
2. Do a full time MBA. This is honestly what I would like to do because it seems like it would be more lucrative and open more doors in the long run. But this obviously carries a bit more risk and I'd most certainly have to take out loans to cover my studies, plus I wouldn't be able to work for two years. If it meant I could get out of the program making $100,000 or more, though, it would be worth it.
I'm a bit wary of (1) my age, since I would be much older than most students, and (2) the GMAT scares the shit out of me, since I haven't done any math since I was 18.
Maybe there's somebody out there who has been in my situation? I'd love to hear stories - both successes and not-successes, so I can better make my decision.
I just turned 40 years old. I've had a bit of an up-and-down career - I was a newspaper journalist and then when the newspaper cut my job I began doing freelance writing for the web. I've been doing that for maybe 5 years now and I have a solid client base. I'm at the point now where I have too much work and often have to sub contract out to other writers.
But I am really craving being on a career path where I'm growing and learning. I'm open to switching into a different field if it means more opportunity for growth.
I have considered a couple of options:
1. I could do an online MBA, and basically continue to do the work I'm doing. This is relatively low risk, because I'd still have an income while doing the program. It might be a lot of work and I know that these programs are not *cheap* but I'm sure I could swing it.
2. Do a full time MBA. This is honestly what I would like to do because it seems like it would be more lucrative and open more doors in the long run. But this obviously carries a bit more risk and I'd most certainly have to take out loans to cover my studies, plus I wouldn't be able to work for two years. If it meant I could get out of the program making $100,000 or more, though, it would be worth it.
I'm a bit wary of (1) my age, since I would be much older than most students, and (2) the GMAT scares the shit out of me, since I haven't done any math since I was 18.
Maybe there's somebody out there who has been in my situation? I'd love to hear stories - both successes and not-successes, so I can better make my decision.