Is it worth spending all your savings to study at Renmin University of China’s IMBA (international class taught entirely in English) after leaving work?

Generally speaking, those who study MBA should choose this degree after they have reached a certain level in the company (middle level) or when their annual salary reaches about 100,000-150,000.

MBA is mainly about building personal connections or getting more opportunities for your career.

The poster, your situation is still at the stage of making ends meet, so you should be very careful when choosing to study for an MBA. Because most of your classmates are studying on the job, there is no problem in finding a job after studying. But it would be nice to make friends with them. The problem is that after spending 150,000 and two years, no one knows what the final result will be.

In addition, for domestic MBAs like yours, even if you go to Peking University or Tsinghua University to find a job, it will be a problem for the reasons I mentioned before. For those who can study for an MBA and want to find a job, one in China is the Cheung Kong Graduate School of Business and the other is the China Europe International Business School, but you are unlikely to be able to get into either of these.

The Hong Kong University of Science and Technology is also good, but you have no money.

The US MBA is better, but unfortunately you still have no money.

I don’t know how old the poster is. If you are young (under 30), don’t think about MBA first. Making money and improving your status in the company are the first priority. After reaching a certain level, applying for a US MBA is a piece of cake.

ps: Give two examples of friends around me. They are all ordinary people.

A man graduated from a prestigious school in Tianjin, worked in a securities company for 3 years, saved nearly 200,000, took the G\T exam and went to Hong Kong University of Science and Technology to study for an MBA (the annual tuition was about 70,000, the tuition at that time). After graduating from college, I interned in the UK for a year. Now I have returned to China to work in a fund company in Beijing, with an annual salary of about 400,000 (28 years old).

A man graduated from a prestigious school in Shanghai and worked in a foreign consulting company for 3 years. With the help of his boyfriend, he took the G\T exam and went to the University of Chicago Business School to study for an MBA (the tuition fee is about 40,000 US dollars per year), and graduated. After that, I stayed in the United States for a period of time as an intern, and returned to China a year ago to work in a central financial enterprise. Now I have an annual salary of about 500,000 yuan (29 years old).

I just want to say this, if you study well, you will not be able to drive a taxi if you are not good, but it will not be much better.

In addition, the US MBAs I mentioned are worth studying at the top 10 business schools. What about Wharton, Harvard, Stanford, MIT, New York, and Chicago? Some of the above schools can recruit hundreds of MBA students every year. They are all like this, let alone others?

EMBA is not something that many people of this age can study. How can you get to a high level under the age of 30?

It is not a shame to work in a technical position for ten years and still be a technical person. On the contrary, the influence of professional managers from MBA and EMBA on some enterprises, especially the manufacturing and high-tech industries. It's a double-edged sword. Now many companies have long been aware of this problem. CEOs with technical backgrounds are becoming more and more common, and not all of them have MBA degrees.

Finally, these friends around me are, according to them, the middle class. It's far from the level of "doing well". Even for them, working 10-12 hours a day is commonplace.

It’s normal to be tired. You are not in one of those European countries where you can live comfortably all your life by going on strike every day, sleeping, eating, and receiving unemployment benefits. In today's China, if we want to live like them, sorry, it is impossible for our generation. We have to work hard so that our descendants can occupy the top position in the food chain.