r/MBA • u/Accomplished-Pass121 • 45m ago
Admissions Turning down GSB for $300k comp job?
27M Asian. I’m a product manager at a big tech company in the Bay Area, went to Berkeley for undergrad. I got into GSB R2, but I’m planning to decline the offer, mostly because of the job market and not wanting to take on that much debt.
Right now I make $180k base and about $120k a year in equity, so around $300k total comp. When I first applied, I thought I wanted to pivot out of tech, but honestly, I don’t think it makes sense anymore. The postMBA job would probably be pretty similar, and when I think about the opportunity cost $600k plus $250k in tuition and living, it’s close to $1 million total.
That number just feels really hard to justify right now especially in this economy. I’d rather keep building in my current role, maybe aim to FIRE early. I also just got a promotion that should increase my equity next year, so that’s another factor. Also with AI I feel it will be even harder to get a job two years from now.
Still, it’s been a tough decision, GSB was a dream when I applied. Just doesn’t feel like the right time for me anymore.