Why an MBA and Facebook are not compatible

Prospective MBA students amongst you should know, that before you decide to embark on the roller coaster of a journey that is an MBA, you can expect to be reasonably poor during your studies.

Just to give you a flavour on finances, you've got the fees, in my case £27,000 (or $53,565) for the one year full time course. I would say about 50-60% of students on my course have various scholarship schemes which contribute anywhere between £10,000 and the full £27k. I'm not one of them.

Then you've got the living expenses, and this is where it hurts, because London ain't cheap. I would say as a rough estimate you'd need the same amount for the year's expenses as the fees if you include things rent - something I was lucky enough to avoid. To be honest I really feel for the Americans on my course who have seen the exchange rate change rapidly forcing some of them to take out additional loans to keep afloat.

Altogether you are looking at around £50,000 for one year's study which, quite frankly, is an obscene amount of money! Is it worth it? It depends on you I guess, an MBA is something different to each and every person doing it. Asses your goals and see if that £50,000 is a reasonable investment to get you there, I think a lot of it comes down to the level of risk you are comfortable with.

SO what has all this got to do with Facebook? Well, I'm a poor student, stop rubbing your sunny holiday photos in my face!!