Hi folks, I’m a Sr. PM at a good startup currently getting 40 LPA. My total experience is 6 years (2 years PM). One of the CXOs suggested to me (over a casual conversation) to consider doing an MBA from ISB or Ivy League colleges if I can afford a career break.
I know that post-MBA might not see a huge jump in CTC but from a long-term perspective do you think it would be worth it? Will it open more avenues for growth?
Getting into Ivy League is ludicrously competitive for Indians, I don’t think it’s a realistic option
Either executive MBA in ISB, or full-time MBA abroad, followed by a job there. I believe only these two options make up for the opportunity cost.
Long-term perspective makes sense to me if you want to be relevant in big companies. Startups - from what I've understood - do not focus much on degrees if the skills are strong, but that's not the case with MNCs. If you want to stay relevant, or jump to higher leadership positions in MNCs, MBA will matter.
Funny that nobody mentioned about IIMA PGPX program !!!
Won’t recommend going ISB in current market scenario and profile. Explore western MBAs but without too much burden of loan to prepare for worst case situation.
P.S. - Recommender CxO is an MBA?
Yes, he is an ISB Alumni.
Consider talking to recent ISB grads and PM profiles offered on-campus. IMHO, not worth spending 36++ LPA esp in FY25/26.
CxO might be suggesting with your tier3 bckg, maybe spend some time with him and chalk out improvement areas. It will help in the longer run.
Have you considered an executive MBA? That way you won’t have a career break. IIMB offers one
I’m susceptible about the value a part time MBA will add in my career. I’m a tier 3 undergraduate and really want a good course to add into my resume. Also not sure if companies consider executive MBA at par with the regular MBA.
You get the exact same degree regardless of whether you did executive or a normal MBA
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