So in sept 2022, i made the reverse switch that is  Startup>traditionally run nbfc. The current co. Where I work is operational since 2017, profitable (PAT of 30crs) With 3 years and 10 months of w...

Welcome to Personal Finance's Private Community

So in sept 2022, i made the reverse switch that is 
Startup--->traditionally run nbfc.
The current co. Where I work is operational since 2017, profitable (~PAT of 30crs)
With 3 years and 10 months of work ex I'm currently reporting to the business head and I'm the only product manager/owner for their new business unit. Current hikes have matched the nbfc standards however the CTC still feels on the lower end. 

Looking for some advice on what the fintech/new age nbfc's have on offers.
Ps my current CTC post hike (within 7 months) of joining is 9.2LPA.
My background is non tech

Working at a traditional nbfc

Product Manager

Working at a traditional nbfc- Grapevine

Welcome to Business Roles's Private Community

currently working at a traditional nbfc (brick and mortar branch led operations, mainly focusing on study abroad loans), I've been part of the skilling/domestic education loans team. a new business unit within the org since 1.5 yrs, as the only pm, have managed to build digital product with a robust portfolio on a lower base tho. my orgs is super stable but very slow when it comes to focusing on this new business unit. my learning curve has gone for a toss, hence im looking for a change. I've done product/founder's office roles in past within the fintech eco-system.  looking back to joining a company where things atleast move.

im open to product/founders office roles.

please do share openings within your networks.

thanks.

non mba, pm at a traditional nbfc

Hello folks, i have been thinking to pen down a post on this community for sometime now but seeing how GP is becoming a bad mix of quora & Twitter, i refrained myself from doing it but I do believe there are like minded folks in this community who can help me out there. 

I am a growth product manager in a bank within their digital banking team, have 6+ years of experience post MBA from SIBM Pune. I have worked with a traditional media company for first 3 years and with successful startups for the next 2, I am in my current role for the past 10 months now. My CTC is 35 lpa, (30 fixed, 5 variable )and 3 lac joining bonus. 

I was doing institutional sales for first 3 years, category management for next 2 and now heading growth for the digital banking app. 

I am feeling stuck in my professional journey right now, no specific reason but I think banking work culture is a bit boring for me. I am trying to figure out 'what Next' and have also taken up a course with growthx with the intend to learn something new, upskill myself and be relevant as times are progressing. 

I have always been fascinated with the idea of working with  company's like Google, Samsung, Stryker, Spotify where I can have flexibility, good pay but more than that a feel good factor of not having to prove myself everyday at work. 

I have given the last 6 years to work, I don't intend to be so involved going forward but very firm with the idea of corporate being my primary income 

I don't know if I am making any sense of the current situation but just wanted to share my mental state.

Trying to figure out 'What to do Next'

Senior Product Manager

Welcome to Product Managers's Private Community

Welcome to Indian Startups's Private Community

business/finance major, graduated in 2019, been working for 3yrs and 10 months, have doubled my salary since I started my career in 2019.
Exploring options- masters in India only as abroad is expensive and doesn't make any sense in today's market. 
Have seen the fintech space closely boom as a 20y.o fresh out of college, and since then I've worked across sme financing, education financing, b2b credit card payments and now again back to education financing for a traditional nbfc. 
My roles have varied from strategy and operations, to investor relations/nbfc treasury to product management (current role)
I wanted some advice/opinion from the community whether to continue on my career path or switch to masters- take a break of 18 months study from a great school and get back in the industry.
Also, if I explore the later one then apart from the isbs and IIMs of the world are there even good 1 year mba programs in india?

MBA for someone with a  non tech BG

I work in a fintech company. Revenue and growth wise we are good, we just got acquired by a large internet platform too. Also, last year has been a tremendous learning for me as well. I like being PM but looking to move out of my current industry (lending) as I want to explore other domains and I feel like my CTC here is somewhat low (18.5 + 1.5 bonus) considering my experience (around 4.5 years). My boss said that I will get ESOPS (around 10 lacs) which I can liquidate around 50% this year. Should I wait for my appraisal to complete (will happen around April) and look to switch or should I start preparing for interviews now itself?

Company is good but CTC pinches

Management has tried to underpay us all this time. We deserve to know what is the real salaries for our YOE? 

I am being paid 24.6L CTC / 2 YOE. What about you?

Product Management CTC Thread: How much PMs really make?

You are being paid fairly or above average.

Software Developer

Welcome to Software Engineers's Private Community

Current CTC :14.3 LPA (Hybrid)
Experience : 2.7 years 

Offered CTC : 20LPA 
From a high growth fintech startup 
(5days wfo )

Should I accept?

Offer in hand ( Should accept) ?

Current
Top food/grocery tech
Base: 19l
Exp: 1.6 yrs
Remote

Have offer from
B2B Fintech (Seed funded - growth potential is crazy due to the founder)
Base: 23l
Esop (36l, vested over 4yrs)
WFO (5 days)

I am thinking to switch due to the growth potential, but the base is less and it is complete WFO. What should I do?

Need opinion on Switch

Hi,

I have one year due diligence experience post my qualification as a CA. I did my internship for 3 years with KPMG, then did 1 year in due diligence and now work in the business finance department of an ecom startup since 1 year

My performance has been strong and I'm being promoted to manager. What should be my CTC expectation for the role. Current CTC is around 17Lpa

Business finance pay

Finance Operations

Hey folks
Wanted to check what the market is paying and negotiate accordingly to my current offer.

Switching from one stock broker to other

Current Tc: 21(16 fix rest bonus and ESOP)
Total work ex: 1.8 yrs

What to expect in the current market ??

Thanks for help in advance 😃

What to ask for salary at a fintech stock broking startup?

Currently in an MNC at a non-tech product role @ 6.5LPA, the manager is amazing and the team is chill. Work is also fun but the company didn't give appraisals this year.

A brand new startup approached me and is offering 10lpa fixed.

This will be my first ever switch, should I dew it?

I'm 22.

Switch or Don't? Startup offering 10lpa

Associate Product Manager

What was your first ever CTC and what's your current CTC with YoE?

I'll start - 1.6 to 9.8 in 4 years.

This post is intended to give hope to freshers and motivation to experienced folks.

Pulse Check :

1 lakh 80 thousand per year 
 Now 1 lakh 85 thousand per month 
 Years taken 11

Software Engineer

Account Executive

Share your progress - the journey.
- Where did you begin and where are you now?
- What motivated you to go the extra mile? 
- Where do you see yourself in the next few years?
- What did you do differently then the rest of the pack?

This can serve as a motivation to those of us who wants to improve and as a appreciation for some of us who made themselves a stellar career.

Eager to hear your stories. 🔥

What has been your career/salary progression so far?

2018 - 7.2LPA ( Services startup ) 
 2019 - 15LPA ( Hike ) 
 2020 - 21LPA ( Switch ) 
 2021 - 27LPA ( Hike ) 
 2022 - 33 LPA ( Hike ) 
 2023 - 72 LPA ( Switch ) 
  
 Sorry. Should have posted mine first :)

Lead Engineer

I’m a 2023 graduate working as a SDE in a Product Based Company In Bangalore. My CTC is 8LPA around 55k hits my bank account. In next 5 months I’ll have 1 yr of experience. I want to switch after 5 months (After Hike) to a Product Based Company in Delhi NCR. Which companies to target? Also how much CTC should I expect? 

Why Delhi NCR? My family lives here and I constantly feel I’m missing out on quality time with the people I love so I wanna move back.

PS: I’m thinking not to go for a CTC below 10LPA

Tech Companies in Delhi NCR

Perfios recently received a funding of 230 million dollars. For the employees who didn't have ESOPs or benefit from the ESOPs, would there be a good salary hike associated here?

How has the appraisal been in other companies following a round of funding?

Does a round of startup funding lead to a good hike during appraisal?

Growth Manager

Welcome to Data Scientists's Private Community

What salary should i expect, with 9 YOE overall, 7 YOE in analytics, as well as potential companies to apply. Not looking to work in startups.

Work broadly includes business intelligence, with some exposure to modelling.

Current CTC 30.

Current industry BFSI 

Total experience in BFSI and BFSI related, 4.5 years.

Looking for some inputs on opportunities in Analytics

Data Analyst

Hi all,
I am an NIT graduate and worked for L&T construction for 2 years and now working as an Accounts Officer @ Govt of India. Current scenario and bright future of Indian economy inspires me to leave 9-5 job and do something in startup world, specially in Fintech or e-commerce. Share your views...

NIT Graduate, 2 yrs in L&T, now Accounts Officer @ GOI. Want to start a startup.

Account Manager

Context: almost 5 YOE, BTech + MBA both from tier 3. Current CTC 32LPA including variable and retention bonus (24.3 is fixed). I work as an APM in a pharma consulting organisation (which also has a SaaS platform) in Pune. 

Recently Got an offer from a tier 1 consulting company (not MBB but close enough) for a pretty new role of product + project management for one of their saas tools. The offer is 20% hike on my fixed + variable upto 15% + 2L JB. And it’s in Mumbai which is my hometown. I tried negotiating but the hiring manager said this is the best offer they can give. 

The job role will require infrequent travel to client locations and overall seems interesting. 

I’m in a dilemma if I should accept or not because the brand is infinitely better than my current organisation and will open up exit opportunities to MBB. On the other hand my professional growth in current organisation seems stagnant as there is not a lot to learn here but monetary growth has been good. (10-15% hikes every year).

Working at a traditional nbfc

Discover More

Business Roles on

by Jordon Denver

Capri Global Capital Limited

non mba, pm at a traditional nbfc

Business Roles on

by Karilyn Carmden

Kotak Mahindra Bank

Trying to figure out 'What to do Next'

Product Managers on

by Kendall Hyrum

Kotak Mahindra Bank

Trying to figure out 'What to do Next'

Indian Startups on

by Kendall Vernon

Capri Global Capital Limited

MBA for someone with a non tech BG

Product Managers on

by Matilda Hyrum

Stealth

Company is good but CTC pinches

Product Managers on

by Kendall Lee

Stealth

Product Management CTC Thread: How much PMs really make?

Software Engineers on

by Jordon Lee

Stealth

Offer in hand ( Should accept) ?

Indian Startups on

by Matilda Denver

Unicorn Startup

Need opinion on Switch

Indian Startups on

by Jordon Lee

Hopscotch

Business finance pay

Indian Startups on

by Blair Lee

Groww

What to ask for salary at a fintech stock broking startup?

Product Managers on

by Jordon Lee

Stealth

Switch or Don't? Startup offering 10lpa

Misc on

by Jordon Taye

Amazon

Pulse Check :

Business Roles on

by Kendall Olive

Stealth

What has been your career/salary progression so far?

Delhi NCR on

by Jordon Hyrum

Razorpay

Tech Companies in Delhi NCR

Misc on

by Isaiah Taye

Karza

Does a round of startup funding lead to a good hike during appraisal?

Data Scientists on

by Jordon Olive

BFSI

Looking for some inputs on opportunities in Analytics

Indian Startups on

by Coy Carmden

Government

NIT Graduate, 2 yrs in L&T, now Accounts Officer @ GOI. Want to start a startup.

Product Managers on

by Karilyn Gabriel

Kearney

Need genuine advice on switching