Should I go for an MBA?

Should I go for MBA in top 10 b schools india like IIMs, XLRI, SPJAIN, etc

So a little background about myself.

I graduated in 2023 from a tier college and managed to get an off-campus job in an investment bank as an SDE.

My current salary is 24LPA.

Would it be beneficial for me to do MBA from the above mentioned colleges

Like would the placements there be better than what I have currently?

Also if I can save enough money in 2 years would a MBA in US in a top 20 uni be better than MBA in IIM?

I will be going for further studies sometime in 2025 or 2026.

My main goal is to improve my salary and build a network.

I have also managed my own dev agency and did freelance projects in the past 4 years.

If anybody has gone through the same please let me know your experience.

This also applies to MTech/MS as well

Thank you.

13mo ago

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GroovyBoba

X (formerly Twitter)13mo

From a salary perspective I don't think an MBA would help you as by the time you graduate you would actually be making less than what you are now + 2 years increment/switch hike.

Even if considering an M7 MBA a few years down the line I won't recommend that these days. A faang or equivalent job after a MS these days pays similar to an MBA business role, not to mention shorter work hours. Not to mention it is cheaper .

ZestyWalrus

Goldman Sachs13mo

Do you think an MS from US top 20 unis would be better in the long term?

Because I want to be in a position where I am never redundant. That's my thought process behind an MBA.

Because in case devs become obsolete I have something to fall back on and vice versa. Though chances of that happening are low.

GroovyBoba

X (formerly Twitter)13mo

Well to be honest MBAs have a higher chance of becoming redundant due to not upskilling with the changing work environment when compared to developers. But as long as you are like the top 5% in your field then you will most likely never become redundant. I understand a fancy MBA sounds really cool but if at the end of the day it doesn't add much value to your profile then it is kinda worthless. You can always do an executive MBA when you are like director/head etc. to move vertically in your org later.

WigglyBanana

Stealth13mo

If you’re open to going abroad - going to an MBA in the US might bring highest ROI
Do an MBA in India if you’re sure about wanted to switch from dev. And in that case aim for IIM or ISB
Otherwise you’re gonna make enough money in the current line of work. Stay in the right companies. Go to other product companies if possible.