Christian Schraga, the Wharton MBA, estimated that the ten-year “net present value” (a financial analysis technique used to estimate whether or not an investment is worthwhile) of a top MBA program is approximately negative $53,000 (that’s bad). This assumes a pre-MBA base salary of $85,000, a post-MBA salary of $115,000 (a 35 percent increase), marginal tax rate increases (which you’ll pay if your job requires moving to a major city), and a discount rate of 7 percent to account for opportunity cost (the opportunities you give up by spending money on business school instead of investing it in something else). In plain English: Schraga used a technique business schools teach to prove that getting an MBA from a top-tier school is a bad financial decision. So, choose wisely... #mba #personalmba #selfeducation #learning #jwala_dd https://www.instagram.com/p/COcg5LdphpL/?igshid=rdsyu29r2riv