HOW TO CHOOSE MBA FOR MIDLIFE CAREER CHANGE (AND AVOID MIDLIFE CAREER CRISIS)
Clients considering a midlife career change often call with the question, "Should I go back to school for another degree? So I wasn't surprised to find an article in a major business journal, featuring a Q&A around the question, "Should I get an Executive MBA after 50?"
Frankly, I wonder why the question even comes up. The real question is, "How will I benefit from a new educational credential? And how can I steer clear of embarrassing headlines, like 'Top Executive Reveals Degree from Diploma Mill?'"
(1) Instead of asking "Am I too old," ask, "What do I need now."
For an under-30 student, a traditional MBA can be an express elevator to the executive suite. For a midlife career change, you're more likely to use your MBA for networking, starting a business, or jump-starting a new career.
But will you get a lower return on your investment, with fewer years remaining in your career?
Who cares?
Five or ten years after completing your degree, you're facing a brand new career with technologies that weren't invented when you started out. Or you realize you've outgrown your career.
So these days any degree, at any age, has a ten-year life span at most. Midlife career change ... [more..]
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