PerkyPotato
PerkyPotato

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

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.

10mo ago
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SqueakyUnicorn
SqueakyUnicorn
Adobe10mo

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

BubblyPenguin
BubblyPenguin
HCL10mo

Crore? Really? I don't think so

SqueakyNugget
SqueakyNugget

Fees + lost salary for 2 years

ZoomyMuffin
ZoomyMuffin

Don't. Just don't.

ZoomyMuffin
ZoomyMuffin

https://share.gvine.app/KavVwaX7ze32F3WR8

I commented my experience and take here

DizzyWaffle
DizzyWaffle

I have read your comments. I am in analytics domain. Do you think analytics is a dead career?

GoofyPotato
GoofyPotato

Yeah. Definitely go for it. MBA will make a hole in your pocket and then you will feel renenergise to earn it back.

SqueakyNugget
SqueakyNugget

Hahahhaaha

FloatingMuffin
FloatingMuffin
Google10mo

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

PerkyWaffle
PerkyWaffle

What’s fire before 40?

WigglyNarwhal
WigglyNarwhal

FIRE means Financial Independent, Retire Early.
basically meaning if he'd want to retire by the age of 40

WigglyRaccoon
WigglyRaccoon
Google10mo

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.

DerpyBoba
DerpyBoba
Student10mo

3cr plus tc right? Is it possible in India in faang like companies? I have seen 1-2cr pkgs but not this much

WigglyRaccoon
WigglyRaccoon
Google10mo

1-2cr is for SDE3/SrEngg, don’t you think when you’ll get promoted to higher IC roles your TC will increase? 😌

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