Is an MBA Worth It? (IVY League WHARTON Business School EXPERIENCE)

Published 2023-03-05
Looking to get an MBA from an Ivy League institution like Wharton? Wondering if it's worth the investment? As a Wharton MBA graduate, I share my personal experience and honest opinions on whether it's essential for a successful career. Don't miss out on this inside look and click to watch now!

📹 *HOW MUCH I PAID FOR MY MBA*
Check out this other video I made where I walkthrough how I paid for things during my MBA (rent, food, parties, travel, tuition, etc..)
   • How EXPENSIVE is an IVY LEAGUE degree...  

❓ *HAVE A QUESTION?* Post it in the comments!

*📲 SOCIALS*
Newsletter: patrickprommel.ck.page/5464b307e6
Twitter: (twitter.com/patrickprommel)
IG: (www.instagram.com/patrickprommel/)
Linkedin: (www.linkedin.com/in/patrickprommel/)

*📚 MY MUST-READ (AND RE-READ) BOOKS:*
The Obstacle is the Way - amzn.to/3IQ2pca
Extreme Ownership - amzn.to/3KTiSPm
Atomic Habits - amzn.to/3JeNUQz
I Will Teach You to be Rich - amzn.to/3msY5YV
4-Hour Workweek - amzn.to/3EWNpYK
Sapiens/Homo Deus - amzn.to/41GjxK5
12 Rules for Life - amzn.to/41KpxBr

*🎥 MY YOUTUBE GEAR:*
Sony ZVe10 - amzn.to/3yvIxX7
Rode VideoMic NTG Shotgun - amzn.to/3yaDAmc

*TIMESTAMPS*
0:00 - MBAs Explained
1:18 - Why I Pursued an MBA and Why Wharton / Lauder
3:45 - Pros of the MBA Experience
4:59 - Cons of the MBA Experience
6:08 - Is an MBA Worth It?

*🤔 WHO AM I?*
Hey there! I'm a Wharton MBA / Lauder MA alum, former Deloitte consultant, and current director of strategy and implementations at a private equity home services platform sharing my experiences and insights on business and life.

Thanks for watching!

Disclaimers:
This video is NOT sponsored. Some links are affiliate links which means if you buy something I'll receive a tiny commission - think of it as a tip from the company for showing you the pro

All Comments (21)
  • @WrightViewLLC
    Initially I thought it was worth it because it opened doors in a professional sense right out of school. A few years later it seemed like it was worth it because of the toolbox of skills one leaves school with. But in the long term, it seems like it was worth it because I usually had the belief that I could tackle any problem. Plus, where else but business school can you sit though an evening class while drinking a beer from a company reception and listening to Oprah giving weekly lessons on leadership?
  • @neodro4831
    Very informative video and thank you for being objective. Good luck for your future Patrick! Hope you create more such life / informative videos
  • @Emylek10
    Hi Patrick, thanks for this video! I was genuinely impressed with the honesty that you put in your motivations as well as the pros and cons, and some of them really got me reflecting. I'm actually at the stage in my career where I'm considering applying for MBA programs (mostly in the US for a perspective other than European where I come from), and I believe that we share some of the background - I'm not necessarily looking to break into any industry (most likely, I would be sponsored by a consulting firm), and by the time that I start the 1st year, I will have been married. I start having second thoughts if MBA really makes sense for me, as I'm not seeking to make hundreds of friends or learn business principles (having prior MSc in International Management). At this point I'm mostly oriented towards learning the American business culture, making business connections and possibly working towards being a business professor in the future - as you put it nicely, I'm more interested in the journey rather than the end. I'm wondering now - would you expect your return on this investment to be much more visible by the time you're 50 than it is now, to make it really worth it?
  • Really Informative video, could you make a comprehensive video on what exactly you did or how you approached the admission process to get in from A to Z (from GMATs to essays).
  • @t.gzhanje471
    Very nice video. Can tell there was a lot of introspection
  • @MariamBadi
    Patrick I could resonate with this.. there was definitely a misalignment regarding reality vs expectations with Wharton/Lauder 😂. At the end of the day I don’t regret it though!
  • @bacool
    Great review. Know a few more friends who did same Wharton Lauder dual. You didn’t want IB after? Curious what your post MBA goals were coming in and how changed
  • Thank you for the informative and honest video ! What was the general experience of your international classmates - did they also find that an MBA is worth it overall ?
  • @nycyaofan
    Went to another school for mba - also realized that I didn’t need an mba to do what you want, but then realized that I could have only really understood that by going through the program.
  • @silentwisdom05
    Hi Patrick loved your video! I am an aspiring MBA myself and find myself at a crossroad. I'll have 4 years at 29 years old in procurement/supply chain with 3 different companies. I want to apply this year with a 660 gmat(or next year w/ a higher GMAT), 3.7 GPA to some of the schools in southern CA where I reside now. Most of my experience is technical IT work and projects for companies like Exxon and Aerospace and Defense, but want to get into top Finance jobs with Asia connections(my heritage). would you get a higher score or full send now!?
  • @littleindian99
    Thanks for the direct delivery and truth in your video. I recently transitioned to a sales role selling homes on a local real estate team. Do you think an MBA is worth it if you are already someone who is a really good networker? Like are there other ways to build this equivalent network without going through the MBA?
  • Hi Patrick! This video put so many things in perspective for me, so thank you! I’m 26 years old and recently decided to pursue an MBA. I should be 27 by the time I get in a programme, do you think this is too late? Would I be older than most of my cohort?
  • @Azblatte
    How would you view it as someone coming from a non business background? I went to Upenn undergrad but I regret my major choices and I think a career change interests me. Would the academics take over the social aspect? I dont mean to ask how hard are classes but would having to learn everything business wise take all my time?
  • @meteoriteeeee
    from what I've seen the MBA is most worth it for people who kinda messed up during undergrad and then want a second chance at recruiting into traditionally high paying jobs like consulting, banking, tech PM, like I know a couple people who went from around 90k TC to 300k TC after their MBA because of the switch into a more lucrative field like IB
  • Hi Patrick, Thank you so much for your sharing 🎉. I am considering getting an MBA for job opportunities. I am moving to the US with bachelor degree from another country. Part of the video, you mentioned that if I knew exactly what I wanted for career, there are faster and cheaper ways than MBA. Could you share with me some ideas for what those ways are. Plus, any advice for my situation? Thank you so much for your kindness! 🎉
  • Hey Patrick! I really like your videos. You’ve accomplished so many great things which I dream to achieve soon (pursuing my MBA). Is there any chance to talk to you? I’m from Mexico!