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 can afford a career break.
I know that post-MBA might not see a huge jump in CTC but from a long-term perspective do you think it would be worth it? Will it open more avenues for growth?
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Getting into Ivy League is ludicrously competitive for Indians, I don’t think it’s a realistic option
Either executive MBA in ISB, or full-time MBA abroad, followed by a job there. I believe only these two options make up for the opportunity cost.
Long-term perspective makes sense to me if you want to be relevant in big companies. Startups - from what I've understood - do not focus much on degrees if the skills are strong, but that's not the case with MNCs. If you want to stay relevant, or jump to higher leadership positions in MNCs, MBA will matter.
Funny that nobody mentioned about IIMA PGPX program !!!
Have you considered an executive MBA? That way you won’t have a career break. IIMB offers one
I’m susceptible about the value a part time MBA will add in my career. I’m a tier 3 undergraduate and really want a good course to add into my resume. Also not sure if companies consider executive MBA at par with the regular MBA.
You get the exact same degree regardless of whether you did executive or a normal MBA
Why not trying for IIM ABC instead of ISB? ISB is usually for people who tried multiple times to get into an old IIM but couldn't so.had to go to isb
Go for it, if you can optimize well for the outcome you are seeking.
Be it lateral shift into another industry, domain or anything.
Do ask folks who have had a similar trajectory to get a better sense of it too.
Won't recommend either...
Do part-time MBA (even Satya Nadella did one in UChicago). There are many companies that can reimburse your tuition fees , at least partially.
You may not see a significant shift in your CTC after the MBA You should definitely consider doing a one year MBA from ISB or IIM A PGPX. Your profile seems good and doing an MBA from these colleges would open up the entire alumni network of both these colleges which definitely helps in the long run. Plus your PM profile would be a good fit for day 0 placements.
See if your start up can pay for an executive MBA program. It obviously has its pros and cons. Just a thought you can consider.