Hatodininja
Should going to IIMA/B worth it to someone who is IIT passout with 3 years of work experience and have ~50L CTC? Very confused in deciding!!
Very confused and have very less time to finalize
6mo ago
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Curated from across
Very confused and have very less time to finalize
Unless you wanna enter MBB or IB side not worth it. Upside of IB would be ~$0.5M a year in 4-5 years for you.
Yupp thought about that...many said in long term it would be beneficial... 🙁 If goes to IIM then will choose among consulting or product roles. IB is not my type!
Who's paying 4Crs in IB? In 4 years, you will be VP at best. Don't think VPs get paid that much. Also, there's no life
MBAs are garbage, just common sense packaged with tons of jargon. It’s more for networking and signalling
Ex IIMB
@StrangeSpill can you tell bit more about experience and journey of mba...how much is it worth it, and long term trajectory does iim tag helpful?
Also if you could tell bit about placement scenarios there now?
But there are certain roles which only MBAs can get in right? This is a genuine question btw.
Shouldn't folks with your kind of pay be doing an MBA (if at all) abroad instead of in India? I'm myself curious.
IIM A or B - you might end up being paid the same or slightly more.
Yes keeping that option as well....as the end of the day ended up in thinking ROI of abroad
2. IIM provide student exchange so with indian rupees you can study abroad for a semester
3. Doing MBA from abroad is like 2years of college +2-3 years of job abroad to recover that amount
You are not considering European MBAs -- LBS/Insead/HEC. 1 year of college + 1 year of work to recover your money
Very few touch 50L CTC(domestic) in IIMABC. Check if it’s possible for you to move within the org itself, instead of dedicating 2 years.
Worst feeling would be if you get a lower package post MBA, and not the desired function which you want. This happens! Most of the MBA placements are driven by students. Better to have very good repo with placecom team.
Best option would be actually to give GMAT and get into Ivy League schools. The ROI would be much better, although cost would be equally high. Check out European schools(where most of the courses are a year long).
P.S: cousin got admits from IIMB and C. He has opted for B. Have told him to have a good repo with placecom team. He’s NIT pass out with 2 years experience in DS(less than 10 LPA) package. For him, ROI would be better.
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Few cons which i can think of are