May 26, 2011

Break-even... Payback Period... Whatever

Yep. Lot of people worry about break-even and pay-back for the MBA. Thought you might find it interesting to know that I broke even around Feb 2011.

My calculation is fairly simplistic

break-even: where  (money earned since MBA - cost of MBA) = (money earned if I did not do MBA)

1. I know how much I made post MBA, since Aug 2008.
2. I worked out a value of how much I would have made if I did not go to MBA.
3. Break-even is where 1 = 2

Also keep in mind I was earning in US $ before I started my MBA, so this isn't a case of foreign exchange trumping Pre-MBA Indian earnings.