babyhands17
Member
Hey warriors,
I am probably getting ahead of myself here since I'm still in the process of applying for OCS. But I'm coming up with a tentative 10 year plan and trying to decide if I should pursue an MBA. I have a B.S. in Mining Engineering and am currently shooting for SWO-EDO or SWO. If I can pick up SWO with the EDO option, I have a big decision to make around the 3.5 year mark. Assuming I want to stay in the Navy and make the switch to engineering, I would aim for a slot at NPS (preferring Engineering Systems atm, subject to change). That would take about two years, with another four years of service obligation. This would get me to 10 years and would put me in my mid 30's.
I know MBAs are starting to lose their value, but since the Navy will pay up to $4500 a year on education, I figure I might as well use it to get an MBA. It surely wouldn't hurt to have one, and even better if I'm not footing the bill for it. I'm curious what peoples' opinions and experiences are with pursuing an online MBA. Would it be worth the added stress?
I know a lot of people would recommend waiting to use the GI Bill and go full time at a top B-School. However, I would like to preserve my GI Bill for a family member in the future if possible. I already didn't love being a full-time student as an undergrad. I think Monterey will be a different experience given its location and that I'm being paid to attend. I don't see myself wanting to be a full-time student for a third time in my life, especially if I'm not earning a wage while doing so. If I do stick to my 10 year plan, I don't see myself wanting to put off an MBA that late. I'm currently single, but I haven't ruled out marriage and kids yet. I'd rather dedicate my remaining 20's and early 30's to my education and building my career so that if I do have a family, I am not adding the stress of extra classes on top of it.
If an online MBA seems like a good idea, are there any recommendations on where to go? I'm currently looking at Auburn since it's pretty highly ranked for online MBAs, and the tuition rates are pretty reasonable. I wouldn't be paying too terribly much out of pocket. I hate to limit my choices due to finances, but I already accumulated a lot of debt from my undergrad. I'd like to have all my loans paid off and have some savings before I even think about marriage and kids, so taking on extra debt doesn't seem like a good idea.
Any advice is appreciated.
I am probably getting ahead of myself here since I'm still in the process of applying for OCS. But I'm coming up with a tentative 10 year plan and trying to decide if I should pursue an MBA. I have a B.S. in Mining Engineering and am currently shooting for SWO-EDO or SWO. If I can pick up SWO with the EDO option, I have a big decision to make around the 3.5 year mark. Assuming I want to stay in the Navy and make the switch to engineering, I would aim for a slot at NPS (preferring Engineering Systems atm, subject to change). That would take about two years, with another four years of service obligation. This would get me to 10 years and would put me in my mid 30's.
I know MBAs are starting to lose their value, but since the Navy will pay up to $4500 a year on education, I figure I might as well use it to get an MBA. It surely wouldn't hurt to have one, and even better if I'm not footing the bill for it. I'm curious what peoples' opinions and experiences are with pursuing an online MBA. Would it be worth the added stress?
I know a lot of people would recommend waiting to use the GI Bill and go full time at a top B-School. However, I would like to preserve my GI Bill for a family member in the future if possible. I already didn't love being a full-time student as an undergrad. I think Monterey will be a different experience given its location and that I'm being paid to attend. I don't see myself wanting to be a full-time student for a third time in my life, especially if I'm not earning a wage while doing so. If I do stick to my 10 year plan, I don't see myself wanting to put off an MBA that late. I'm currently single, but I haven't ruled out marriage and kids yet. I'd rather dedicate my remaining 20's and early 30's to my education and building my career so that if I do have a family, I am not adding the stress of extra classes on top of it.
If an online MBA seems like a good idea, are there any recommendations on where to go? I'm currently looking at Auburn since it's pretty highly ranked for online MBAs, and the tuition rates are pretty reasonable. I wouldn't be paying too terribly much out of pocket. I hate to limit my choices due to finances, but I already accumulated a lot of debt from my undergrad. I'd like to have all my loans paid off and have some savings before I even think about marriage and kids, so taking on extra debt doesn't seem like a good idea.
Any advice is appreciated.