For years, I was convinced that gaining an MBA from a top business school would lead to guaranteed success and happiness.
After all, they take in ambitious, creative, entrepreneurial types and spit out brand new Masters of the Universe at the other end, all guaranteed to progress on to business success, right?! Cue the all too familiar gauntlet of GMAT tests, poring over school brochures and websites, campus visits, ‘meet-and-greets’, and the endless hours of application preparation and submission, each costing on average about $150. In total, I have easily spent in excess of $4,000 simply getting to the stage of hitting the ‘submit’ button on various applications.
I am a small animal veterinarian and I’m at the stage in my career, and life, where I am acutely aware of the question, “Where am I going next?” Not completely enamoured of the usual, predictable and ‘safe’ options, and, to be perfectly honest, somewhat disillusioned with much of my current profession, I looked towards an MBA as being the answer. I have entrepreneurial ambitions, specifically within the tech sector, and so it seemed logical that formal business training, with the plethora of additional advantages that attending a top school offers, was exactly what was called for. I know for a fact that I would find the experience of spending 1-2 years in a major seat of learning and culture with equally ambitious sorts from all corners of the globe a wonderful one indeed. And so it was that my journey to business school began.
Coming from a non-traditional ‘quantitative’ career such as veterinary medicine, I was keen to bolster my familiarity with the core MBA curriculum and came across the Smartly app. Instantly drawn into the simple, immersive, bite-sized, and beautifully presented lessons that had a fun, game-like feel I found myself a dedicated user, powering through all of the available lessons and eagerly awaiting any new material developed by the Pedago team. It was, therefore, an easy decision to put my hand in my pocket and pay for the service* when the full version went live. It was that good!
Fast forward to earlier this year: I finally had that which I had been fixated on for so long: an offer from a top school! So what I did next took a lot of thought…
I turned my acceptance down!
The principle reason for this huge decision was simply the prohibitively inflated cost of studying for an MBA, with my projected expense easily looking to be in the region of $120,000 once the $90,000 of tuition was added to reasonable living expenses. Whilst it is no secret what the cost of an MBA is when students apply, such numbers seem unreal until such time that you are staring at a loan agreement. ROI uncertainty and the realities of staggering debt to pursue my dream aside, I had to really ask myself if there was another way to obtain the same level of top MBA knowledge without bankrupting myself. Smartly once again came onto the scene offering a full MBA degree, with its clear curriculum, simple and intuitive interface and impressive catalogue of ever-expanding content. Oh, and it’s significantly more attractive price tag! With my application submitted I now eagerly await their decision on whether I shall be one of those admitted to their new online MBA.
*The Smartly MBA is now free for consumers, so feel free to apply today!
Author Info: Chris Queen is a small animal veterinarian living and working in Dubai and also a massive nerd, interested in the power of technology, including virtual and augmented reality, to revolutionize education. When he isn’t caring for pets or writing, he can be found running, swimming and cycling towards his next Ironman race or jumping from a perfectly good plane in the name of skydiving. Chris’ blog can be found at www.thenerdyvet.com and he can be found on Twitter at @thenerdyvet