Is an MBA necessary for success?

I am into engineering and making decent money (28 LPA fixed + ESOPs) and I am very happy with my job. Given my work, I expect decent raise in coming years. But I think doing CAT preparation and doing MBA preparation will give me better opportunities and will grow me as high value person. Anyone (especially people in engg) with preparation experience or how is the life changed after MBA?

Do I loose out on senior roles in larger/ ‘branded’ orgs as I gain more experience due not being an MBA from top 10? Current role - PM at Unicorn YoE - 4.5 , Pm ex -2 Education : BTech from tier 3 college Ctc - 41 lpa + esops I haven’t been able to get any short lists from MANGA or other large tech orgs only from startups.

Do I loose out on senior roles in larger/ ‘branded’ orgs as I gain more experience due not being an MBA from top 10? Current role - PM at Unicorn YoE - 4.5 , Pm exp - 2 Education : BTech from tier 3 college Ctc - 41 lpa + esops I haven’t been able to get any short lists from MANGA or other large tech orgs only from startups.

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?

I'm a 28-year-old guy currently employed as a data scientist at a Fortune 500 company, earning a respectable annual salary of 24 lakhs. Lately, I've been contemplating pursuing an MBA, but I haven't initiated my GMAT preparation yet. I'm wondering if it's a wise move to transition my career in this direction. I've heard that individuals with a tech background who graduate from IIM/ISB might need to begin their careers anew, typically with a salary in the range of 27 to 28 lakhs. Can you confirm if this is accurate?

Note - I am a product manager too 4 out of 5 product managers will act all high and mighty of themselves, bragging their way as if they run everything going on in the company, flaunting their business degrees and being utterly disrespectful towards their team( dev design qa name it), Recently started going to office so the attitude I am seeing is very transparent and more visible (more with the higher experience folks) It makes me wanna leave this hyper inflated role, thinking of I will end up like them scares me, and you have to do is speak out jargons in meetings day in day out and have a English accent of Shashi Tharoor. Recently my manager told that this is a role where you have to very representable or very visible and act in floor as if you are the busiest person on earth and I seriously some PMs in company doing that, they walk so fast in floor as if they will fall off or would be better to have 4 legs.

Non-engineering tier 1 grad here. Close to 1 YOE. At this point, I'm not sure which career path I want to choose. I see so many MBAs working in the same profile as me and honestly? I would never work in this role if I would've done an MBA I know that doing an MBA isn't magical and wouldn't solve all your problems. Maybe it makes sense for all those engineering grads who want to change careers or for people who are just looking at buying some time before they grow up. I know I won't learn anything absolutely new because my undergrad was in a similar field. What it'll offer me is a good network and some pedigree, but at this point I'm not sure if it's worth it, especially for ~30 lakhs of fees. I just want to hear from people who had a similar background (commerce/non-engineering) and if they had any regrets due to pursuing/not pursuing an MBA.

I don’t think they add any value but just keep seeking credit for others work.