Who need MBA today? 2y/1y - $150-200k
Cost associated with MBA 1. 2 years of your time & life 2. Tuition (depends on school) ➯ $100-150k 3. Living cost (depends on family) ➯ $2-4/m*12*2=$48-96k Total direct cost = $148-246k 3. Opportunity cost (depends on income)➯ $2-4/m*12*2=$48-96k Total cost to consider = $196-342k
Research based analysis 1. 2. 3. 4. 5.
Facebook discussions (public on Anton Shulyk fb page) Personal discussions (CEOs, VP) BigMoney youtube series with Kosiuk Naval Ravikant (twitter) Self Mba book - Jack Welch
People involved into discussion 1. 2. 3. 4. 5. 6. 7. 8.
KPMG managers, directors, partners Civitta employees and LABA lecturers McKinsey SBA, Associates IB associates (City, Credit Suisse) Private Equity IDs and Associates (Horizon & Dragon) IT and industry managers Current MBA students (US, Insead, Ukraine) Business owners ($10-50mln turnover)
It all depends on your goals. Here is the choice to make 1. Do you have $200k waiting to be spent? 2. Are you good to live with monthly commitment of $1,500 for school loan next 5 years? 3. Do you see yourself in Ukraine or you want to relocate to US or Europe? 4. Do you see yourself as a manager or owner? Do you like managing somebody’s business for good return?
Answers: Why to do MBA study? 1. 2. 3. 4. 5.
For your future or current company (you need it). For your personal development (you want it, you pay it) For your parents (they want it, they pay it) UA MBA for those who lack business fundamentals Just because you want (you just want it)
Dream big
Education is important anyway 1. You earn more 2. Unemployment is lower 3. High chance to do what you love
Dream big
Dream big
Alternative way 1. 2. 3. 4. 5. 6. 7. 8. 9. 10.
Online courses (Harvard X, LABA, Coursera, Udemy) Books (nothing will replace them) Good mentor with experience you lack (top manager/owner) Consulting (Civitta, big4, McKinsey) Networking communities: Global Shapers, Aspen Strong experience: Any leadership position in hypergrowth company 3 days top courses in US, UK, Europe Investments into startups or social ventures Being on a board of a company Impact through social ventures
Fun part 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12.
Jack Ma: values first - help the others and serve the others is key Naval Ravikant: you need certification. get admitted to B-school and drop out. Musk: Important to learn what you need to know Trump: big problem is absence of practical experience O’Leary: its $100k decisions. How it will be repaid? Zkrbg: Keep yourself flexible. Find your co founders @college Set Godin: you need a foundation to fail. Learn from failures Jay Z: high integrity and honesty. Just live your life Buffet: a lot of this is self-taught. I went to Nebraska Best time to spend college time: learn code and STEM Peter Thiel fellowship program offer $100k to drop-outs Some manager: Turn on your brain. See it. Learn it. Connect. DO.
