MagicalMochi

Is MBA worth doing for me?

I work as a PM in a B2B SaaS startup and have an overall 4 years of experience all of which is in product management. Now, feeling a stagnant in growth and salary. I was wondering if I should try for an. MBA from IIMs or ISB?

My current package is around 36 LPA. I do not want to change my field and I like being a PM. Then does MBA make sense for me in long term?

14mo ago

Talking product sense with Ridhi

9 min AI interview5 questions

SillyDonut

TCS14mo

In short, NO.

Better to switch firm

CosmicPanda

Stealth14mo

Well MBA is needed for you to move into senior roles if not now at least in the future. It would be a hurdle that could be hard to overcome if you don’t have one.

QuirkyCupcake

Netcore14mo

@RichDadsPoorSon why would an MBA be required to move into senior PM roles? i dont think its even remotely necessary at all. for other functions maybe, but if they want to consider remaining in PM, MBA is not needed

CosmicPanda

Stealth14mo

They are currently in PM with 4 YOE. They already feel that it’s gotten stagnant in terms of growth. Now if they’re planning to transition to a new role or even if they still continue as a PM they will still reach a point where they would need a MBA to move onto senior positions which would not be the role of just a PM anymore. When such a situation happens companies tend to prefer people who have an MBA.

That was the point I was trying to make. They might not need it at their current level but in a senior role it’s recommended. The earlier you get it done the better is what I feel.

QuirkyCupcake

Netcore14mo

it makes zero sense for you to do an MBA if u want to continue to be a PM. If u want to switch roles especially into the business side of things, then yes it 100% makes sense

CosmicDumpling

Stealth14mo

There exists a good possiblity that you might end up in a pay worse off than your current one post mba. Hence you need to convince yourself that it is the right move and ideally you are better off doing it abroad or maybe an ISB

DizzyPickle

Stealth14mo

You are anyway doing good, Need a brand or want to network then go for it!

DerpyTaco

Stealth14mo

My opinion after coming with large preMBA experience and now with ~4 yrs of post MBA experience into PM role. MBA helps you grow in terms of knowledge and learnings and you should do an MBA for these reasons.
Growth is just the byproduct of these things eventually.
Having said that, in India like everything opportunities are lesser as compared to applicant hence sometime not always MBA becomes a filtering criteria while evaluating too many applicants for coveted role.

SquishyBanana

Freelancer14mo

Do it from abroad if possible. In India same old ideas will be regurgitated.

Discover more

Curated from across

Product Managers11mo

by FuzzyKoalaAmazon

MBA| ISB

I'm thinking of doing an MBA from ISB. But clueless on how to proceed. If anyone has experience, hit me up :) My goal is to become a product manager.

Business Roles15mo

by WigglyWalrusBluSmart

Should I go for an MBA?

Hi folks, I’m a Sr. PM at a good startup currently getting 40 LPA. My total experience is 6 years (2 years PM). One of the CXOs suggested to me (over a casual conversation) to consider doing an MBA from ISB or Ivy League colleges if I ca...

Product Managers21mo

by JazzyBobaZomato

Is MBA worth it directly as a Fresher

Tier 2 IIT non circuital Currently in 4th year Have done good product management interns ( 6 interns at good companies- healthtech , skilltech , B2B SAAS , Fintech, Edtech (1 unicorn 3 good companies)) Short term goal is to work in produ...