Is an MBA worth it? My Harvard HBS story

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Margaret Molloy Margaret Molloy is an Influencer

Is doing an MBA worth it? It’s a question I get asked a lot. As with many questions, the answer is: it depends. Today, LinkedIn published its #LinkedInTopMBA. Here’s my story, in case it helps someone making the decision. I was a first-generation college graduate from a wonderful, but not famous, university. I had immigrated to the US and was determined to build my career here. I had a job I loved. I was working hard. I was ambitious. But I was also beginning to understand something. Hard work could take me a long way. But hard work alone wasn’t going to give me everything I needed. I looked around at many of the people I admired in business and noticed they had two things I lacked: Access and exposure. They had access to people, ideas, opportunities, and networks that I simply didn’t have. And they had been exposed to different institutions, industries, leaders, and ways of thinking. I could see the gap. I also knew no one was going to close it for me. If I wanted to accelerate my progress, I needed to put myself in a place that would expand both my world and my sense of what was possible within it. For me, that path was an MBA. I saved, applied, and was accepted to Harvard Business School. The program challenged me. Going to finance classes sometimes felt like traveling to another planet. It also helped me recognize my strengths. Making meaningful contributions in leadership and marketing classes came much more naturally. I found a study group with complementary skills and very different lived experiences, and we figured it out together. I graduated with more than a degree. I left with: - A “bat phone,” a network I can call on for guidance, perspective, and friendship. - The confidence to express my views in boardrooms and on stages around the world. - Training that helps me approach almost any question from a strategic perspective. - A brand association that opened doors and supported the reputation I wanted to build. Was the MBA worth it for me? Absolutely. But I don’t think “Is an MBA worth it?” is the most useful question. The better question is: What access and exposure do you need to get where you want to go? For me, the MBA was the answer. For someone else, it might be a new role, a mentor, an international assignment, a professional community, or simply finding a way into rooms that currently feel out of reach. So before you invest in the degree, identify the gap. What do you need to see? Whom do you need to learn from? What rooms do you need to enter? What possibilities do you need to be exposed to? Then find the path that gives you access. For me, the MBA opened up a world I wanted to be part of and showed me that I could belong there. That’s what made it worth it. #MBA #Careers #Immigrant #HarvardHBS

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Here’s the link to LinkedIn’s top MBA rankings. It uses LinkedIn data to develop the ranking. https://www.linkedin.com/news/story/here-are-the-top-mba-programs-for-career-growth-9355818/

Agreed. Of course, an education is worth it if you can afford it. But an MBA's payoff is relative. It can teach you everything you say it does and still not land you a seat (or a promotion) when hundreds of qualified people are competing for fewer roles and layoffs are hitting even experienced folks. "Price out your situation" assumes you can forecast the return BUT the return depends on a market none of us controls, and right now that job market is tough, with recent-grad unemployment at 5.6% as of early 2026. Project your ROI for this AI age and this market + trends, not the one the salary data came from.

Such a great way of approaching this question! I had a very similar path to yours, but I didn’t pursue an MBA when I arrived in the US. I’m incredibly proud of what I’ve achieved without one, but I do agree that there have been times when the network that comes with a US degree would have been valuable.

This is a genuinely moving story, Margaret! The line about no one closing the gap for you is the part that stuck with me most. Reframing it as access and exposure rather than the degree itself feels like the more honest way to think about it, and it opens the advice up to people who might never set foot in an MBA program.

Relationships made at BSchool will pay off over time. Here's the rub. Universities play at an incremental pace of change. That is to say, they are behind the times, and moving slowly. Society, AI, and entrepreneurism are all playing at an exponential pace of change, leading the way. The years invested into an MBA put candidates further behind the pace of change, with skills that are aging poorly. Seems like starting a business is a better investment.

Great insight! I definitely wish I had been more thoughtful about my career earlier - and believe that any continuing education, clubs, networks, will likely serve you well.

Thinking about which specific rooms you need to get into really clarifies the path forward.

The right education can change what you believe is possible for yourself.

Lola Bakare

Author “Responsible Marketing” | Future Is Female Shortlist ‘25 | Adweek Creative 100 ‘23 | Anthem Award Winning Strategist | CMO Advisor | Exec Thought Partner/Co-Creator | Speaker | Moderator | Facilitator

2w

Saving this as a future reference for the next person who asks me this question! It's so true. Mine was worth it - because of the alignment between what NYU Stern School of Business had to offer and what I was looking to experience. IT TOTALLY DEPENDS...and the answer is different for everyone!

So on point! I always answered this question, which I got a lot, with a similar take.

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