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.
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.
3 comments:
Thats awesome...it didn't take you even 3 years...nice to read updates on ur blog...though they sprinkle scarcely now...like the desert rain :)
Hey!
I've found your blog 3 years too late it seems. I was wondering if you'd still do a profile evaluation...? Or actually, in my case, it is like tips to build up a profile.
If it's a yes, could you just drop a line, and I'll send in the specific query...?
Hey!
I've found your blog 3 years too late it seems. I was wondering if you'd still do a profile evaluation...? Or actually, in my case, it is more like tips to build up the profile.
If it's a yes, could you please drop a line maybe, and I'll send in the specific query...?
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