I’ve noticed a pattern that most folks at leadership have a masters degree at least (mostly mba). Im at that point where leaving my job (20LPA, 5YOE) for 2 years does not make sense and getting into ISBs would demand a strong Gmat score which looks difficult. Should I take a MS or some other masters degree for the sake of it? Just so that I might be in contention for senior roles years later?
Nope. Get into a program only because you want to learn or change your field of work.
Else when it comes to seniority, more YoE (continuous) and having Led teams is much better than MBA / MS. Up skill while working, if you need to, and learn in other fields. If at your employer, you can work with different functions and broaden your experience/projects, that would help too. Seniority is essentially responsibility and trust, so track records and continuity would matter more.
Also, every decade had it's most successful degree.
There was CA, Engg, IT, MBA in their respective decades. Respective skills were in high demand in the job market during respective decades and respective people when they entered were paid well, had a great headstart and succeeded to top positions because of that. It was just being in the right place in the right time.
If you backtrack a 2024 CEO to his graduation field to do a MBA, you might face and climb a similar career ladder 30y from now. It's like buying HDFC bank in 2024 and expecting a 20% CAGR till 2054 coz it did give 20% from 1994. Times change, so winning formula changes too.
Thanks man.
So say, down the line (say 5 years later) the gap of CTC between a MBA grad and an non MBA grad tend to reduce? (Assuming both are doing the same things)
Most of those guys were even more clueless than you are right now and maybe that's why they have a second degree. Only do further studies if it actually makes sense.
Following
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 ca...
Overview: Everyone around me, be it old school friends to the people in the bangalore startup ecosystem are planning to or already in the process of doing an MBA.
What is happening: Most of the people I know, either are going for ...
It totally depends. I know people who went to INSEAD, NUS AND LBS. They did MIM/ MFIN/ MBA. Some of them got jobs, an...
I am planning to give the GMAT this year. My Target B-school is ISB- Hyderabad I am 24. I graduated from NIT Nagpur in 2021. Since then working as a software developer Work ex of 2.5 years in the software industry.
My main intention i...
