Generalist

Apart from the product managers, do the MNCs pay high for any MBA roles? Where can someone with 710yrs of post MBA experience be making 1.5Cr cash?   Indian conglomerates do pay good, but that's po...

Welcome to Consulting's Private Community

Apart from the product managers, do the MNCs pay high for any MBA roles? Where can someone with 7-10yrs of post MBA experience be making 1.5Cr cash? 

Indian conglomerates do pay good, but that's post a 20yr career with them. Do the SAP, Salesforce, Bosch and other tech MNCs pay top dollar for non technical folks here?

I am also not considering the heads of ODCs here who lead the delivery of the software centers. Non tech MNCs like the FMCG cos, or consulting are anyway a top recruiter at MBA colleges and well known about their comp. I am looking for other industries/ companies that pay well

What non-technical/ non-engineering roles are paid handsomely by tech MNCs

What non-technical/ non-engineering roles are paid handsomely by tech MNCs- Grapevine

Welcome to Business Roles's Private Community

Do you ever think MBA roles will ever see the high pays that software folks had in the covid era (and to some extent have now too)?

MBA roles salary

Customer Success

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

Welcome to Product Managers's Private Community

Hey everyone, excited to be doing this AMA!

A brief about me, I work currently as a Director of Product at an Indian unicorn startup 

About my career: 
- Did my undergrad from IIT and then masters from an Ivy league school
- Have been in product for almost 10 years now - across 2 Indian unicorn startups and a publicly listed company

Would love to take questions on what it means to be a PM, growing within the role, building your career, and other things :) 

Will be back here at 4 pm and start replying
Shoot away!

AMA 🎙️: Hey all, I am pmsprint, Director of Product Management at a Unicorn in India!

Hello all,

Actually,I am a little bit confused whether I should go for an MBA or Job Switch. 

10th - 8.6 cgpa
12- 73%
UG- 8.2 cgpa
Work experience - 2+
Category - General

Can anyone please help me out?
Please 🙏

CAT (MBA) or Job switch?

Software Developer

Hey everyone, seeking some career advice here. So, I've been grinding away in the risk domain at a big financial services MNC for about 2 years now ( have total experience of 5 years from similar companies), pulling in around 30 lakhs INR. Recently, I got a bit curious about what else is out there, so I started poking around. But here's the kicker – every HR rep I chat with says my pay is cool, but they're eyeing up MBA grads from fancy schools for the budget I'm looking out for. 

Thing is, I know my stuff. I've snagged awards, jumped up the ladder faster. But now I'm starting to sweat about whether my lack of an MBA is gonna bite me in the rear down the line. Plus, with all the chatter about layoffs, I'm low-key freaking about whether my gig here is as solid as I thought. 

Any advice on how to navigate this maze? Should I bite the bullet and go for that MBA, or stick to my guns and trust that my track record speaks for itself? Appreciate any wisdom y'all can drop!

Confused on if I should get an MBA

Consultant

Welcome to Software Engineers's Private Community

Hello GV friends, please suggest the names of some software companies that will pay more than 70+LPA base/cash for 15 YOE Engineer for senior engineering roles (Staff / Sr Staff / Principal Engineer or Architect roles).

Also please include the city / location if the company is only localized to a few cities. (I'm open to relocating to Delhi-NCR, Pune, Hyderabad, or Bangalore.)

Thanks in advance for your help. 🙏🏼

Companies that pay 70+LPA base

Staff Engineer

What all companies come to a T-1 MBA institute and what is the pay like ?

Analyst

Also, what's the role and company? And approx. years of experience (if you know)

What's the highest compensation for non-tech role in India that you're aware of?

Investor

I (M22) currently have about 8 months (2023) of SWE experience working at a European tech company making roughly 12Lpa. I am planning of going for a MBA in the next 2-3 years but only if I get into a top b-school. I am highly ambitious and hope to climb the MANGA corporate ladder to a C suite/exec level position in the next 15-20 years. Will an MBA make sense for my goals and what sort of roles do tech giants usually hire for from top iims/isb and the likes? 
Is going for a MBA going to fast track my career or should I just grind the swe -> sdm -> director path with just a B.Tech degree ( Tier-2 private university)

MBA for career advancement?

5+ yrs experience in TPM feel highly underpaid after checking Grapevine salary tab!

Are there any stable high paying jobs for experienced Technical Product Managers in Bangalore?

What is the future scope of the PM job role...will it still be relevant after 10 years, Is going to IIMs spending close to 25 lakhs in this economy to get into a PM job role justified??
Context: I know many people will say you don't need IIM to break into PM, But considering I'm a 25 Male, from tier 3 college...currently working as a product designer with 8 lpa...so I think the only way to reach 25-30 lpa in hand by 28 is by joining IIMs

Is getting into IIM to get into PM role justified?

I am probably earning 2x of what an average T-1 MBA grad makes in India. I'm just not happy in my role and this SDE grind caught me lackin'.

Can you help me determine whether it is still a good bet to get an MBA? Because these normie MBA folks are literally the dumbest people I have seen and I think I can do a better job than them.

Earning 2x of a Tier-1 MBA grad already. Should I still do an MBA?

I joined an MBA program while I was making close to the average salary of post MBA grads. 
  
 Few things to remember: 
  
 1. Opportunity cost of a 2 year MBA is humongous. The PGP at IIMs will cost you a crore+. Imagine trying to get an ROI on it. 
  
 2. PGP at IIMs are filled with freshers and low work experience folks which naturally means there are very few senior roles on offer. So you may not find the right level after MBA. 
  
 3. It's best to restrict yourself to 1 year programs like ISB's PGP and IIM's PGPX. 
  
 4. Be really sure of what you want from the MBA. You can easily switch to SDM or product roles without MBA. Recommend giving that a shot if you are just tired of SDE

Program Manager

Rumours that McKinsey year end bonus cut by 50%, can anyone confirm?

Did McKinsey hire McKinsey to figure out how McKinsey should do cost cutting in a negative macro environment?

Strategy & Operations

Let's make a list! 📔 Roles such as Growth, Product, Marketing, Sales, Founder's Office, Chief of Staff etc.

Companies which pay >35 LPA for non-tech roles for 3-4 YOE?

Founder

Welcome to Indian Startups's Private Community

I recently worked at a startup and it was terrible. 

To be honest, I still worked at one of the better ones but it just sucked. 

Some of the clear downsides I see 

- Survival mode leads to chaos. You can be treated anyway and asked to leave whenever  even though you left big opportunities to be here 
- Brand loss to find next job (Big problem)
- Trying to make you feel unworthy(Doesn't bother me but I have seen people lose self confidence)
- Loss of opportunity to build real skills like building sustainable teams for the long run

I think over all working at a startup especially early teams is a losing proposition. Do it only if -
 - you know the founders/team well 
- you know the industry and market well and it is a bet you personally believe in
- you are secure enough in life that if you go back to your job, you will easily get employed 


For middle class kids, startups are the worst bets one can take.

Working at startups is terrible

Product Designer

ISB take 15 Lakhs from me and just add me to the WhatsApp group then

A network is always multiplex. Traffic needs to flow in all directions. 
  
 You can't just receive.  You also have to give.  For you to give,  people need to know you. For people to know you well, you need to have shared experiences.  Thats what determines your worth in the network. 
  
 That's why you need to go through the grind. 
  
 Otherwise distance learning MBAs would be the riot!

Sales Manager

Lawyer

I have my senior managers who are 32-33 and are making 1cr+ per year.
What do people do at the age of 40 or 50
Is there a scope for further salary increments or role increments?

Unless someone works at a company like HUL, what is the future?

Long lasting in corporate

Business Analyst

Hi everyone,
I'm working in a pre-sales role at IBM. I completed MBA in 2023 and I feel that IBM is bit slow and bureacratic. I was hoping I would be able to switch to a startup. But I have a few questions -

1. Do startups pay well for MBA based roles too or is it only the dev team that get paid well? My comp at IBM is 25 LPA and I would like to be within similar range.

2. How do you find primarily about jobs in startups? Is LinkedIn the best source or are there other more effective methods to know about openings?

3. Do startups hire MBA folks with ~1 years of experience in MNCs or do they primarily look for fresh out of college people only? Is profile switch possible (i.e. from sales to finance/operations/supply chain etc)

Jobs for MBA freshers in startups

Sales

Hi Guys,
I  am working as a software developer in Oracle( btech from old IIT) . Its been 2 years and I now want to switch to management consulting (preferable in MBB) to experience it so want to give MBA.

1. I did some research but I want to gain some information on the salary aspect of it. I heard that the salaries are not that high they would probably be in the same range that I am getting now. BUT, I want to know in the long run do consultants get more hikes compared to tech roles? 

2. I heard the wlb is pretty bad so is there some resource that I can study to know if thats the right suit for me since its a big risk I’ll be taking moving on to a different field. There are some good exit opportunities also I believe after MBB can someone tell more about it.

Would really appreciate some answers on this. Its on my head for a long time. Cheers!

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