Has anyone considered shifting from consulting to teaching? Doing PhD from top IIMs and working as faculty?

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Quick this vs that: 1. Fees for PhD is nil, JRF will give stipend infact 2. After PhD the work life balance is amazing 3. The money is not exactly bad 1.01 lakh is the base pay + allowances 4. There are a bunch of new IIMs and IITs up so there from a demand/supply perspective - yes 5. Teaching is noble profession- so Herzberg's 2 factor theory :) 6. Acad is peaceful hopefully vs consulting ? 7. It is a more secure job, the technologies dont go redundant so you dont really have to upskill and reskill, sit for a certification at age 45. Cons : 1. Pays less comparatively, you only mint money when you publish a huge number of papers in Journal A & B category(15L for a paper published?) 2. Data shows less divorce rates as compared to consulting. Lets just connect on call man.

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A friend left consulting to join IIMA for phd

Nice..

That's the dream..

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