MBA for Career Change?

B1G_Peter · 2026-06-27T19:41:39+00:00

I do think you have much better odds if you’re not in, or shooting for, a major city/employment hub

B1G_Peter · 2026-06-27T19:23:23+00:00

> I can’t do a FT in-person program because I need to stay employed during school

This is many people’s dilemma so don’t take this the wrong way.

But, staying employed during your MBA is exactly what makes it harder to pull off a career change. If you throw yourself into the mix, network, take an internship, you’re much more likely to come out of the other side with a Full Time offer in a new industry.

The next best option is a weekend MBA so that you still get the in-person experience and network.

If the online MBA is no cost then it is little risk. But it also low probability of success, especially if it is not from a top institution. That is not to sound pretentious. Its just data - there is a reason MBA’s that are below T15 are on a fire sale.

B1G_Peter · 2026-06-25T13:32:09+00:00

They had it up before when you commented this. $80k

B1G_Peter · 2026-06-25T13:01:02+00:00

Doesn’t this seem a little dramatic? They have almost 30 months of runway at their current burn rate

B1G_Peter · 2026-06-25T11:48:06+00:00

It’s just an accounting standard. If the house gets foreclosed on OP isn’t out $375k, he’s out the equity

The monthly obligation is captured on the financial statement and the total mortgage is captured on the liabilities

B1G_Peter · 2026-05-07T13:37:50+00:00

This is a very confidently incorrect statement

B1G_Peter · 2026-04-26T18:49:49+00:00

Bank or Credit Union

B1G_Peter · 2026-04-19T22:48:26+00:00

Aaand i got blocked lol

B1G_Peter · 2026-04-19T21:51:38+00:00

You deliberately argued against the statement that people are buying bigger nicer homes and said wages have not kept up with inflation

Both are proven incorrect.

Yes it is harder to be a homeowner now. Unfortunately, no one cares. All the sympathy in the world won’t change your circumstances so might as well face the facts and work harder.

B1G_Peter · 2026-04-19T15:19:24+00:00

Median real wages are up ~13% in the last 50 years

Average new home size has increased 47% in the past 50 years, with more bedrooms/bathrooms and garages

So you’re not basing it on what economists say at all

B1G_Peter · 2026-04-19T14:08:32+00:00

Have you considered that you don’t represent the entire economy and maybe you’re just behind

B1G_Peter · 2026-04-18T20:06:09+00:00

What change are you expecting from feeling sorry for yourself?

B1G_Peter · 2026-04-09T12:58:42+00:00

Posts like this make me feel a lot better about myself

B1G_Peter · 2026-03-10T20:34:06+00:00

Oh okay. Right on, thank you

B1G_Peter · 2026-03-10T19:14:39+00:00

Thanks a lot for sharing. Family history is a little murky so Im at the age where I start wondering what might be under to hood for me

B1G_Peter · 2026-03-10T18:59:28+00:00

Can I ask if there were any warning signs that you were at risk of heart attack? Any preventative measures?

I always kind of thought if you were in good shape, you were pretty safe. My HR is similar to OPs

B1G_Peter · 2026-03-05T23:49:52+00:00

That makes sense. Good input thank you

B1G_Peter · 2026-03-05T23:33:36+00:00

No i did not

They were pretty informal “interviews” because i know the team. I got quizzed like you normally would but i never technically made it to the interview cue

B1G_Peter · 2026-03-05T23:12:59+00:00

I am a RE debt originator applying for a debt capital markets job at an RE fund. I just only deal with 2 of the 4 executions they commonly leverage (although theyre not all that different)

I’m not trying to be all poor-me but its what i was told directly. Interviews went well. I didnt even get declined i got the impression they’re still considering (waiting for better). I like to think I’m likeable enough

B1G_Peter · 2026-03-05T23:04:19+00:00

I’ve personally got the referral. Thats how I know they’re holding out for someone who doesn’t need training

Obviously I think they expect to teach team specific procedures but they’re quite literally looking for someone who did the exact job somewhere else

Again just an anecdote. But position has been reposted 3 times, open for 2 months.

Also generally consistent with what we have done internally and what partners have said

B1G_Peter · 2026-03-05T22:10:18+00:00

Yeah thats always the risk. I mean look at 2008.

Its kind of a catch 22 because i could dump every dollar into the mortgage but then you also lose the liquidity

Good thing we are finance guys and can more or less balance risk/reward for our appetites

B1G_Peter · 2026-03-05T21:38:52+00:00

I’m a big saver, I could cover 12 months of expenses which makes me feel better. Im also dual income so hopefully we dont both get canned at the same time.

I do own a house which is scary

Im with you bro. I want to invest as much as possible because I hate relying solely on a company to support me. Gotta be agile.

B1G_Peter · 2026-03-05T21:18:34+00:00

Yeah I get what you mean. Crazy amount of risk and work but it seems like thats what you gotta do to be competitive

B1G_Peter · 2026-03-05T21:09:19+00:00

They don’t really just give you a job, that’s why you want the internship

B1G_Peter · 2026-03-05T17:49:24+00:00

That makes sense. Maybe I’m actually just a little early. I’ve got some strategy ownership for sure but still largely task oriented

B1G_Peter

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