I graduated in 2022 with a Bachelor’s degree from one of the old-IITs. I want to know the prospects that doing an MBA from IIM A, B, or C will open up for someone in my position, both financially and non financially. My current position is SDE-1. If I should do an MBA, how many years of work experience should I have before MBA?
If you are getting 24 LPA now, an ideal time to start MBA would be 2024. A 2 year workex is ideal. Any later than that would give you a post-MBA CTC at a less than impressive hike from your pre-MBA CTC. At IIM ABC, you can expect to get 30-40 LPA on average, but for top fraggers in placements, it does go higher. Some specific roles that open up prestigious prospects are:
Thanks for your reply. It will give me additional year to get more clarity to understand my goals and what I really want to do in life.
But monetarily, if I stay in tech roles I am in, in 4 years I might be looking at 50-60 LPA, so it doesn’t make much sense to pursue an MBA, except if not doing one might hinder or slow down my career trajectory
Can you share current CTC?
I think devs get paid quite well - there are definitely roles after IIM that can pay better - VC, PE, Quant roles etc.
But they are super rigorous. I feel if you’re happy being a dev for the longer run, you should at least stick around for now. And if you feel business roles are your calling, you can explore the B school path
24 LPA excluding ESOPS
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