I am 42 year old, senior DBA with 12 years of DBA experience (before that I was a programmer). I make decent $ and to some extent enjoy what I do. But I feel stuck in a rut - most organizations want DBAs to be DBAs and I have kind of hit the ceiling on that. The work is very stressful, thankless and somehow I don't see myself as a DBA manager (that is logically perhaps what I can hope of getting to).
I want to be involved in senior management roles, decision making, especially technology related decisions. I considered techno MBA and have admission to a prestigious school for that. The problem is that it is hugely expensive (57 K) and most organizations I checked out do not sponsor anymore, other than small sums of money.
Would this be an advisable career move at this point? Are there others out there with same or similar situations?
Answer: At 57K it sounds like it may be an Executive MBA Program. If that's the case there are more affordable options available. Executive MBA programs are great and worth the money but are geared to people who are sponsored by their employers. That's why they can charge the higher rates.
I recently decided to obtain my MBA also. I'm 40 and understand where you're coming from. I found out that the University that I got my undergraduate degree from, offers a Distance MBA program. This is an online degree program. The good thing is that I'll be getting the same degree if I had gone to the University in person. It's a State University. You may want to check some of your local Universities for this type of program.
Check into Loans, scholarships, and Financial Aid. If you can find a way to afford it, it will be worth it.