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.
I joined an MBA program while I was making close to the average salary of post MBA grads.
Few things to remember:
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.
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.
It's best to restrict yourself to 1 year programs like ISB's PGP and IIM's PGPX.
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
Don't. Just don't.
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I commented my experience and take here
I have read your comments. I am in analytics domain. Do you think analytics is a dead career?
Depends. MBA may not be helpful in short term, but might help you later in your career (after 20-25 YoE). If you have sizeable savings and want to do FIRE before 40, mba would be a bad fit. On the other hand, mba is a no brainer if you plan on working till 60 / or beyond
If money is your goal; then don’t. The moment you get Sr. staff & Principal you will making more than 3 Cr+, more than an average SVP makes in India.
But if you like to take part in leadership where strategic decisions are made, then you need to speak the business lingo.
3cr plus tc right? Is it possible in India in faang like companies? I have seen 1-2cr pkgs but not this much
1-2cr is for SDE3/SrEngg, don’t you think when you’ll get promoted to higher IC roles your TC will increase? 😌
Bro I'm just 1.6 YoE and even I have been advised against MBA by many of senior friends I made during the short stint of mu career mainly due to opportunity cost.
Apart from this, the exposure you get at IIMs is shit (ISB is still better). I'm telling you this after talking to A LOOOTTT of people.
If you wanna do an MBA, do it from outside India or ISB (in case you don't wanna go outaide). At least that's what I have decided for myself. But yeah all these decisions I have made after consulting with a lot of people and lot of very knowledgeable, wealthy people. (Fortunately I had a lot of great colleagues at my first workplace which are almost like family now lol).
Similar boat 😅, decided against mba as i will lose 1cr+ in the short term if i do mba from even iima
What's your yoe? 40 ctc right around
I have 3.5yoe, ctc in the range of 40-55(including year end bonus + stocks).
Just do executive mba if you absolutely have to
Do it. A senior role is virtually guaranteed.
Couldn’t agree more.
Yoe?
Why am I even giving gyan on this??
Well currently in 2nd year of MBA from Tier 2 - B School, have done engineering ( computer science ) prev.
Now the thing is the perception I had on MBA - Great Networking Environment, great communica...
Hi I am currently at 1.5YOE earning around 60-65k appx I am getting opportunities to do an MBA in tier 2 colleges like IIT Roorkee, IIT Kanpur, IIM Nagpur etc Should I consider them or should I take a drop for a Tier1 MBA or should I co...
Hi folks, I need guidance on pursuing MBA in India.
Background - I am a Product Manager with 2.5 yrs experience, btech from an OLD NIT, with current CTC around 18 LPA.
I scored 99.3%ile this year in CAT, and has very less probability...
Hi all,
This question is for people who have been in this field (any form of analytics) for a few years.
My background (You can skip to the next section and jump back for reference here): Role: Data Scientist/Analyst Tech stack: Python...
