Within this framework that you just outlined, your son will find it hard to leave quantfin, go do an MBA, and move to consulting :-). Because often that is the lower salary path. You must love consulting to justify this.
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Lol - Let him get in first. It would be a nice problem for him to have. With my connections I can probably help him land at a consulting firm without the MBA but knowing him he’ll probably want to forge his own path.
I do think consulting suits his personality far better than quant so I’m always nudging him.
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The numbers are far apart to begin with, and drift further apart with time.
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Agreed.
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Kid 1: BA in Accounting from regional university- journalist -media company executive-very successful own social media related company
Kid 2: BS CS from top 5 universities- software engineer FAANG company - senior product manager for tech company
SO 1: BA in political science- HR job- MS social work- therapist
SO2: BA Economics/Finance- investment analyst - investment banking associate ( in two years without MBA)
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Perhaps the first entrepreneur we saw in the list so far.
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And an accounting major…it’s good for a lot of things.
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S has considered MBA and MEE but so far neither has been attractive to him. He works for himself and runs an online business buying & reselling and makes 6 figures. He finds this more enjoyable than his federal govt EE & project mgmt position was.
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What are your thoughts about the benefits of the full time MBA if you have to pay for it? S got into two M7 programs (deferred for 2-3 years), but I guess it’s not a given that his MBB firm will pay. I’m not sure what percentage of employees they sponsor or if having an acceptance to a top program influences that decision.
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What is his intended eventual industry?
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Not exactly sure but strong interest in sustainability and entrepreneurship.
The sustainability part won’t pay you back, and the entrepreneurship part doesn’t need an MBA – if he sticks to his interests.
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Well then, fingers crossed he will get sponsored. 
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D1 Accounting BS MS She’s a CPA After several years of auditing she’s a stay at home mom with some auditing on the side.
D2 Graphic Design BFA Master of Design for Interactions She originally wanted to be a graphic designer. Now I would call her an Innovation Educator
S Mechanical Engineering BS Currently a Systems Engineer Possible MBA in future
I thought I wanted to be a social worker. Took sociology 101 and said baloney.
Did Law Enforcement for 31 + years so I did end up in a version of social work.
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Interesting how some professions can be done in part time mode.
Clearly then he has to go back to work for them, and he would be (may be) doing neither sustainability work not being entrepreneurial – at least right away :-).
I can work part time, as can my kids.
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I think for kids thinking about majors and careers, all this color is useful information.
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My husband and I definitely encouraged our son to pursue a graduate degree. Either in his major or a MBA/engineering management degree. He wasn’t interested.
I think for him, it was the place he was in life. He was recently married and wanted to start a family. Graduate school which probably would have been on line while working wasn’t a priority. He makes a good living with a BS MatSci degree.
My daughter on the other hand, was motivated to graduate school as a way to gain confidence and to obtain new skills. And find another job that was a better fit. Her place in her life was conducive to that. And she thrived. I also think having a SO who is very busy, is a good place for you to pursue your thing.
We encouraged our kids to get a college degree. All the other stuff is gravy. As long as they are happy and self sufficient, it’s more than enough.
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Very true. Kids are not kids anymore as they get older, and need to prioritize new responsibilities. Constrains choices. I am also a fan of kids marrying young.