MBA or keep working? Run the numbers.

The MBA vs continuing in work decision is one of the highest-stakes career choices. Two years out of the workforce, combined with program cost, means 150,000-300,000 of immediate investment. Staying in work means 120,000+ of income over the same period plus continued progression. This tool compares both paths directly.

Over 20 years, MBA graduates from top programs typically out-earn the work-experience path by 300,000-800,000. Below top-20 programs, the gap narrows and often reverses - particularly for candidates already on strong career paths in good companies.

The calculation includes salary growth assumptions for both paths, so the comparison reflects realistic progression rather than starting salaries alone. Adjust the growth rates based on your industry and role. Finance and consulting careers grow 8-12% annually early on; other industries grow 4-6%. The tool handles both.

Run it with sensible defaults

Using mba program cost of 100,000, income lost during mba of 120,000, expected post-mba salary of 100,000, current salary of 60,000, the calculation works out to 609,281.22. Nudge the inputs toward your own situation and the output recalculates instantly. The defaults are meant as a starting point, not a recommendation.

The levers in this calculation

The inputs — MBA Program Cost, Income Lost During MBA, Expected Post-MBA Salary, Current Salary (Experience Path), and Experience Path Salary Growth — do not pull with equal force. Two inputs usually tip the answer one way or the other. Identify which ones matter most by flipping each value past a round threshold and watching whether the winning option changes.

How the math works

MBA path: subtract cost and lost income, then add post-MBA salary compounding 5% annually for remaining years. Experience path: sum current salary compounding at specified growth for total years. The working is transparent — you can verify every step yourself in the formula section below. No black box, no opaque "proprietary model".

Using this to think, not predict

Financial plans are wrong by month six — new information arrives and reshapes the picture. The point of running projections isn't to be right in ten years; it's to be less wrong in the decision you're making this week.

What this doesn't capture

Real plans get re-run against new information every year or two. The result here is a reasonable direction, not a destination. Treat it as a starting point for thinking, not a commitment to a specific future.