An IIM MBA isn’t magic anymore. That ₹30L loan will stalk you for years unless you’re crystal clear on ROI, think twice.
If you land an average ₹15-20L job after tax, you’ll lose ~₹35k/month for 10 years to EMIs.
Add rent, family needs, or a job gap? Suddenly that prestige tag feels heavy.
Why it makes sense ?
You’re targeting elite consulting/finance roles only open to top IIM grads
You’ve cracked ABC/L/K (older IIMs). Their alumni networks still matter
You’re from a niche field (like arts) and need the brand to pivot careers
Why not to go?
You’re eyeing newer IIMs. Placements are shaky, and ₹10-12L salaries won’t crush that debt
You’re doing it to escape a bad job or “find yourself.” Debt doesn’t care about your existential crisis
You want to launch a startup. Loans = zero risk appetite
The truth? Skills > degrees now. A generalist with with decent experience can out-earn MBAs. Meanwhile, you’ll be stuck repaying loans while peers climb without debt
If you’re not 100% sure, skip. The IIM glow fades. Debt doesn’t.