Law of average... 
  
 Top notch iim post grads perform better than tier 2 to n avg combined  
  
 Outliers exist tbh imo

Software Engineer

Senior Consultant

They're worth their salaries only because they pay high fees. 

Else, i don't see how a IIM grad adds more value.

Brand name and connections. When the CEO/MD is from a top college, he will not let a T1 grad to join at a lower level.  Even if a candidate with much better skill set is available, the CEO/MD will give the T1 grad  a flip up.  This helps in building brand value for that  college, Which in turn will build his brand value. The whole setup works like a cartel.  You have inside members and outside members. Talent/ knowledge is not the issue here.

Consultant

Product Manager

From one of the older IIMs. Most of the batch is crazy smart, could make it to PhD in any advanced sciences at best universities across the globe. But they go after money. So they mould themselves for consulting, Product, IB or whatever pays the most bucks. Deserve it - Yes. Worth it - No.

Analyst

Project Manager

Founder

Folks with considerable experience in startup world, do mba passouts from IIMs and other top tier business schools are actually worth the salaries they are paid?

Welcome to Indian Startups's Private Community

Rant about IIM

Rant about IIM- Grapevine

Welcome to Business Roles's Private Community

Is going to ISB worth it??

Thoughts on this? I myself did my MBA from a T-1 school and found it value enriching experience that allowed me to crack my role at Uber. 

What do you think?

In this interview, Elon Musk explains why too many MBAs are bad for companies. He also criticizes current American CEOs. He also describes how to run a compa...

'Too many MBAs ruining companies,' Elon Musk explains.

Too many MBAs ruining companies?

Program Manager

Welcome to Software Engineers's Private Community

For all techies who have been in industry for more than 4 years, is it worth to do mba from iims if you want to venture out of software and get into business. 
24 M, TC 45 

Few cons which i can think of are
- you lose out on the salary of the two years
- end up with a debt 
- you get the job which is gonna pay at par or below the the current salary

pros can be 
- you grow quicker once you are in the industry
- you get exposed to much bigger network of professionals and senior execs of multiple firms
- 5 year down the line, you salary can get much better when comparing with tech job

I need help with making an educated decision on whether to go for it or not, thank you

Is mba worth it ?

Software Developer

How is ISB managing to substantially increase the avg CTC of its cohorts, year after year.

ISB placement record

Product Owner

How shameless can WITCH be?

AI Engineer

I have a general question around MBA salaries. I see many colleges boasting about their placements and salaries. The salaries are >30LPA for most tier1 colleges.

Are the figures quoted by B-Schools base salary or Total Compensation inclusive of base, stock and other variable pay?

MBA Salary Components

Data Analyst

Take this work a pinch of salt, not to be triggered. 

I work in a company with a good number of folks working in product, growth/ strategy. Many of which are from tier 1 Indian business schools or some even from abroad. 

Paid hefty, I just don't see them being that smart. Putting way too much time into presenting something instead of getting work done. Jugaad method of calculating target metrics, ever changing requirements (low on clarity) is just the norm. 

I was someone who looked upto these colleges and wanted to be in one after having a good 5 yoe. Now I'm not sure. Hoping to be proved wrong, so there's no need to fire your guns at me :)

ISB, IIM Rant

I recently came across some articles.

https://medium.com/@srikanthp2019/the-intentionally-hidden-truths-of-iim-calcutta-3fc36cfd7e30

https://www.reddit.com/r/CATpreparation/s/JZm34iaRt2

Does ragging of such scale where the seniors time and again disrespect the juniors and humiliate them really happens at top B-Schools( i m talking about IIM A,B,C,L,K,I, FMS, XLRI etc) l.

I am from one of an old IIT and haven't faced any ragging or harrasment from seniors over here apart from the freshers party where the seniors themselves told that if you are not comfortable then you can leave. Not one incident after that. Instead it has been a total opposite scenario and the seniors are too helpful here in a variety of ways. I have friends in IIT Bombay, Kanpur and Delhi and they too told me the same thing.

I was very surprised and astonished when I found out that kids age 18 years old aren't engaged in ragging at IITs but adults age 23 years+ doing their MBAs are doing the same at IIMs.

PS: I plan to pursue an MBA from an IIM in the future but such incidents are a big turn off for me hence I wanted to know the reality.

Ragging at Indian B schools.

The stupidity and arrogance of some leaders in some companies to use colleges as filter criteria for what is clearly irrelevant for the role. 

Mostly these idiots end up fucking up company after company creating these neo-casteist groups sucking off and living off each other.

This identity based hiring is the start of corporate politics. I still don’t understand how difficult it is for fucking idiots to understand that while hiring for most roles you have to encourage diverse backgrounds at the start of the process to help you hire the right candidate for the long term, specially in a startup. 

PS I’m not against preferring candidates from certain colleges if it’s relevant. What i do hate is this herd behaviour of trying to hire only from your alumni the moment you are given leadership roles.

It must be such shitty experience to work under idiots like these if you are not from their alumni colleges because their biases play into all evaluations they do about their teams.

Idiots hiring! Pocketfm edition

This is pretty common, has been like that for ages. It’s their company and their rules. You also have the freedom to NOT apply. Maybe they have had better experiences with candidates from top tier universities. Remember getting into most tier 1 colleges is itself difficult and only top talent make it. Also get better academic infrastructure, exposure to alumni networks, etc. So there are high chances they will do well. 
  
 Doesn’t mean that candidates from non-tier1 universities can’t excel. Some can be equally good or even better. Maybe these guys don’t want to take a chance with this role.

Product Designer

The current scenario of MBA grads from non IIM colleges is literally so bad. 

They have to agree on working free of cost for SIPs just to get an experience on their resume. 

Unlike IT engineers they have to go to office 5/6 days a week, in cities like Mumbai. Honestly this is the most jarring part of the life. 


I really hope that you consider this while pursuing for MBA , going abroad is not a bad option in my opinion.

MBA aspirants

How hard is it to get into ISB and is it worth it?

Difficulty to get into ISB

I'm a 2023 graduate from NIT Calicut(Mech) I got placed in a service-based company as SDE with a CTC of 12 LPA I am confused should I be going for MBA from BLACKI ? I'm interested in consulting firms and I've heard that consulting and banking firms won't shortlist you in summer placement if you don't have 9/9/9 my acads are 10/8/8 should I take the risk for trying to get into consulting in final placements in IIM's or should I start preparing for a switch in a good product-based company.

Should I go for an MBA from top IIM if I am earning INR 12LPA as a software developer?

Hello everyone,

I'm Varun, the co-founder of Mesa School of Business. We’re Asia’s first startup focused business school focused on fostering the next generation of startup leaders in India.

Prior to Mesa, I was a Sr. Product Manager at Amazon in Seattle, and did my MBA from Kellogg School of Management.

I'd love to chat with you folks about my journey in building Mesa, my thoughts on higher education, 0-to-1 building, amongst other things.

Ask me anything! :)
I'll be back at 5 pm and start answering.

I'm Varun, Co-Founder at Mesa School of Business. Ask me anything!

I need some advice. 

1. I am a fresher and am considering giving the CAT exam this year. 
2. Currently working as a data science intern and frankly, not enjoying it a bit. I dread debugging. I also feel everyday that AI can easily do 75% of my work. 
3. I want some business side roles, thinking I won't have to stare at a screen all day, fixing bugs. 

What roles can I expect after doing a MBA, is it worth the extra 2 years and the money, and if you are someone who can relate to my situation, what are some of the things you enjoy about your work and some things which you absolutely hate. 

I might have completely wrong expectations, so please feel free to correct me.

Life after MBA

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 a tier 1 MBA in India or colleges like “Carnegie Mellon”/ “INSEAD”/ “NUS” these are really good places. 

Why am I concerned:
I dont have great acade, GEM candidate so I have decided to not pursue CAT at all, and MBA outside India is too expensive. 

I feel like my job and career are going fine with 4 years of professional experience I am making 25LPA in marketing. I am not keen on doing an MBA but I dont want to regret later.

I consider myself to be fairly smart but what happens when I am competing with people who have great brand names on their resume and are actually smart. 

People on GV with more experience, have you gone through this struggle? 


Sidenote: I also have friends who have cleared IIM ABC, ISB and not gone, because they just wanted the admit letter. Which is brave lol!

Will an MBA destroy your life or make it better?

Performance Marketer

I heard from someone in the industry that Stoa laid off most of the people and only 7 of them are still there, including 4 of their co founders. The Main reason was that they were not able to provide placements to the members and their experience had turn to shit . What is happening with ed tech , also the sauce is that now they are pivoting into self paced courses following the coursera model. Alternative MBA nahi chal payega India .

Stoa laid off 90 percent of their workforce

MBA (any course for that matter) is a “means-to-an-end” to a good job. If no job no demand of that course . Maybe they weren’t able to screen good candidates. As good candidates go to top B schools. The avg guys didn’t get job as expected and then revolted .  
 Many edtechs tried this model of taking avg students and promising jobs but jobs are hard to come by even for good candidates. Hence their models fails.     
 If education in India has to be improved it has to start at the school education.

Diversity split is still sad though, less than 10% female founders

Inc42 has found that over 60% of Indian soonicorn founders do not hail from IITs, and over 77% had a non-IIM background.

Rant about IIM

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