Not IIMABC alumnus but as someone with a network: 
  
 MBA network makes it significantly easier to find roles

Everyone says that but I'm hard pressed to find any examples. 
  
 What has your story been?

Software Developer

What example could you possibly want lol (if you're fishing for a contradictory opinion you're not going to get a valid one) 
    
 I'm not an IIT/IIM grad but have built a network, which essentially translates into an interview (or more) for every role I'm eligible for at cos in the network

Chief of Staff

2020 grad. Not actively looking now. But I have friends who are actively looking ( laid off from startups) consultants who are holding their exits. Obviously network and brand advantage are there..but Network helps with reference, only if openings are there right?🥲

Strategy & Operations

How was 2023's down job market for IIM ABC grads (or any T1 school) who graduated in 2021 or 2020?  Did your MBA (degree or network) make it any easier for you in this market?

Welcome to Business Roles's Private Community

How was 2023's down job market for IIM ABC grads (or any T1 school) who graduated in 2021 or 2020?

Did your MBA (degree or network) make it any easier for you in this market?

2020/2021 Tier-1 MBA grads: 2023 job market scenario

2020/2021 Tier-1 MBA grads: 2023 job market scenario- Grapevine

Specifically a question to all the t1 tech clg grads (mainly software engineers) earning 1l+ pm out of clg with a lot of scope for growth. Post mba avg salary is 1.5l per month. 

I can understand ppl desperate for a career change and non tech ppl who are underpaid and don't really have ab option but it baffles me why well paid folks would shell out 30lakhs kr take the burden of loan just to learn how to appear smarter than you actually are instead of investing it for a meagre salary increase that can be achieved by job switches.

I'd love to  hear any insights about ppl who've already been in the space. Why u did, salary PRE post sector etc

Why the heck do people do an MBA?

I can share, I was working abroad post my T1 engineering. So you can imagine it must be > 1L.  
  
 Like all those confused 20+ engineers, I asked one of my skip levels that how should one plan the career path. He gave me a simple framework, “Look at your boss or bosses boss. If you are ok living that life, you’re on the right path else time to think more”.  
  
 I got my answers, maybe try finding yours rather than seeking majority “votes” :)

Product Manager

Account Manager

For anyone graduating from a tier 1 college in undergrad and have a job in Software engineering / Customer Success/ Product success/ Product consulting  , is a tier 1 MBA worth it if you want to pivot to Product Management. 
 
Is it true that all the top PM roles are taken by people who have a tier 1 MBA?

Is an MBA worth it in 2023?

Product analyst

I have a very comfy well paying job, but I can see my learning stagnating if I stay here for another year or two. I also have an admit from ISB. 

My question is - will consulting/IB placements at b-schools be hit next year? Given ISB is a 1yr course, I’ll be in the job market in Sept-Oct 2023.

Is 2023 a good year for an MBA?

Analyst

What would be your advise for freshers graduating this year from tier 2 and tier 3 colleges with no hopes of campus placements given the current hiring scenario?

Advise for freshers graduating in this yr

I've been with the same firm after one switch post MBA from a Tier 1 B School. Completed almost 5 years with the firm. Just wanted to benchmark what the salaries are like after 5 years of work ex. 
It started with 17 fixed and now get almost double of it fixed. How's the salary for other folks in Marketing/Sales?
I know Fin and Consulting may make higher than this. What should I ask for if I plan to switch now?

Folks with 5 yrs of Post MBA work-ex...

Product Owner

Link to article: https://the-ken.com/dayzero/isb-welcomed-a-large-batch-last-year-now-many-of-them-may-have-nowhere-to-go/

💼Are MBA Grads facing supply demand problem? Or is MBA dead?

Software Engineer

Are there a lot of differences between 1 year and 2 year mba? How is the career growth for 1 year MBA as compared to the 2 year one? Network? Placements? Talking about tier 1 colleges for both.
And also, for a GEM, how much experience is too high for 2 year MBA?

One year MBA vs Two year MBA

Graduated from a Tier 1 MBA, got into a rando role very early on during placement (think Day0). Totally messed up job change during covid (pay reduction), and suffered more with family issues. I am probably earning a lot lesser than my average batchmate, and not at a good designation (or skills) either.
Trying to get back on track with my career via consulting or Category role in startups. Need advice on how to get there. Getting rejected by most consulting cos (even big4) and startups on online portals while applying.

Fucked up my career what to do

Project Manager

I graduated in 2022 with a Bachelor’s degree from one of the old-IITs. I want to know the prospects that doing an MBA from IIM A, B, or C will open up for someone in my position, both financially and non financially. My current position is SDE-1. If I should do an MBA, how many years of work experience should I have before MBA?

Advice on MBA

Welcome to Product Managers's Private Community

I have been working as an APM at a series C startup for the last 1 year. I did my MBA from a tier 1 college. Worked as a full stack developer for 2 years before that.

Am I underpaid? What would be a fair market compensation.

Should I try getting another PM job in a different company  or switch back to being a dev. ( Not liking PM that much, the dev role was a better experience.)

CTC check: 10LPA - APM - 1 YOE

I have been in a job for 7-8 years in Corporate taxation in Big 4 and see no growth and passion. Now I want to transit to a new career line, my best step seems to be to do an MBA. What should be the best approach? Which kind of MBA? Is it realistic to do an MBA in India or can we dream abroad as well.

Alternatively I can start with CFA?

MBA or CFA - Which type?

Senior Consultant

Welcome to Moving Abroad's Private Community

Me: APM with almost 2 years of experience looking to do an MBA to fast track my career.

Post-MBA roles:
- Product Management
- Strategy Roles
- Program/Project Management
- General Management
- Other similar roles

Long term goal: To stay in India; fine with working 2-3 years abroad.

Query 1: Considering an average profile with 9/8/8 in high school/intermediate/college, tier-1 undergrad and 2 years work-ex at a start-up. Do I have a chance to bag an MBA admit from the following with little scholarship:

- LBS
- Insead
- HEC Paris
- Oxford
- Cambridge
- SDA Bocconi
- NUS Singapore
- IESE
- ISB

I'm targeting 1 year programs only for cost purposes, hence the US is out of the picture. Feel free to suggest good 1 yr US programs

Query 2: How much GMAT is required for my profile to get into these schools?

Query 3: Are 2 year IIM Programs more advisable for me and should I leave abroad colleges altogether. At the maximum, I can't wait more than 3 years of work-ex at the time of applying due to personal reasons.

Please guide me🙏🙏🙏🙏

MBA Profile Evaluation and PM Career

My opinion -  
  
 Q1 - If your long term goal is to be in India, prefer institutions within india. Reason - You won’t be able to build network, an imp component of any MBA program. I know someone who went Dublin and struggling even to get references back home. Adding A/B/C will help  
  
 Q2 - Target 720, you will land at a better place. GMAT is just a barrier, not the deciding criteria. 
  
 Q3- 2 years would be good considering your constraints and long term goals. If you can extend 1 more year, you’ll be eligible for IIMs 1 yr MBAs.  
  
 Overall - It’s my strong opinion that if you are targeting foreign MBAs, value derivation will happen only if you plan to stay, work abroad for few years. Financial burdens will be less plus you will something worthwhile to show. See the privilege of “foreign-returned” is slowly reducing in india as global roles are getting created here as well.

Welcome to Indian Startups's Private Community

Would love to understand at what age people are joining their first company/startup and how much are they making initially? What’s the average pay diff between people graduating from tier1 institutions and tier2/tier3+ institutes?

How much are people making in their first job straight after college?

Business Analyst

Does mba helps in long term? I know in short term it doesn't pay as much as sdes. But in long term sdes have salaries capped after certain stage. So if one decides to go into executive position, does not having mba hinders the process. Has anyone experienced this non - sense. I know this doesn't happen in usa, there people from philosophy background can go into higher position on the basis of merit or politics:). But here in India how's the scenario. Please put your thoughts.

mba worth

Hi,
I am working in an mnc as a software developer since 2 years after graduating from a top tier IIT. But I don’t see myself doing this in the next 5 years.
Should I do an MBA from top tier IIM college? I know it will not be beneficial in short term but in long term is it a good idea? 
Anyone from similar backgrounds do share your experience.

Should I do MBA after IIT

Hi Good People of Grapevine
, I recently gave GMAT and got a score of 770, PFB other details

10th-72%
12th-60%
Grad-BBA(71%)

Work ex-  7+ years 

Please suggest what are chances to get in Top colleges such as Harvard, Stanford etc what are my other options?

Suggestion

Business Development Manager

I am graduating in 2024 and looking for joining entry level product/business analyst roles . I am wondering when the things will get normalise and hiring frequency will become normal as most of the students even from IITs and other premium institutes are finding it hard to bag jobs unlike in past years , what should I do being a tier 3 college student having a mechanical engineering background who wants to switch to product/biztech roles , i am planning to puruse MIM abroad after 2 years , will I face any difficulties in finding jobs in European regions if target hec Paris/LBS OR INSEAD FRANCE OR ESSEC

When the hiring trend will back to normal

It seems like the bear market effects are down upon consulting firms now too

Got to know from multiple people that were joining top consulting firms that their onboarding is deferred by 6 months (across places like Bain, McK etc)

Already enough existing employees aren’t on active cases, and so it seems like they’ve hired more than there is demand for cases, people who have actually been sitting on the bench for months 

If demand does not return, this could really stack up and lead to a problematic situation

Delayed onboarding across consulting firms (MBB too)

Ironic that consultants aren’t able to manage their hiring demand better 🤔

Corporate Strategist

This is not a question for the cocky new grad in the overvalued startup, but for the few seasoned PMs that still reply out here.

Where do PMs go after they peak?

By peaking I mean arriving at a GPM or Staff PM position at the top 10-15 companies (you can do your own ranking here).

Nobody has the true statistics but I will use the assumption that 75% (debatable) of those who peak, will get laid off within 2 years from their ‘peak role’. The remaining will be able to progress into DoP and VP in the same top company or another in the top 15.

Where do they go then?

I am pretty positive, from experience, that they don’t go any up.

Do they go down the ladder of new startups for titles and ending up in the worst ones after being laid off 4-5 times? Do they quit all together?

Do they open a farm?

Do they start their own startup?

Comments and thoughts folks!

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