Hello Fishes,
I’m planning to pursue MBA from tier 1 college. (Strategy & Leadership).
Anyone from tier 1 b school, could you please let me know the actual average package details and if it’s worth pursuing.
YOE - 5
Dept - Management Consulting

like
Posting as :
works at
You are currently posting as works at

Which tier 1 college? Are you looking at flagship MBA programs or executive MBA programs?
All data points will vary from college to college and program to program.

Also, there's no specialisation called leadership.

like

I see there's a lot of negativity with very limited context.
Firstly, you are already aligned to management consulting. So the first question is do you want to continue with that or do you want to pivot?

Secondly, the problem resolution that tier 1 provides is not through their placements, but through your ability to get shortlisted and get your second switch. A considerable number of people switch their jobs within the first year.

Thirdly, w.r.t. the comment above, nobody gets hired as partner after MBA. It is analyst or consultant and manager or associate director post executive. What is a bigger question is what is your current designation, company, and package?

Fourth, McK have their internal MBA program as well which is reputed. So your current consulting firm can have options you may have not explored.

Lastly, what, other than placements and money, are you looking for from you MBA experience?

like

Thank you for your response.
I want to stick with management consulting but want a move to strategic management.
I’m looking out for a full time MBA not just for placement but also to learn concepts which I fe is important and I’m missing right now as a consultant. I agree that later in life I may acquire it through experience but my perspective is different, I would rather go a step beyond and prefer to acquire it and use the same as I already now have 5 years of exp.
Ofcourse I’m looking out for an ROI as well of the time and money that I’m planning to invest. My question wasn’t related to whether I must do an MBA but it’s more towards the ISB as a brand for MBA and the reality of skills and placements.

Given that you want to stick to the same profile/career trajectory, your first dipstick should have been trying to get into MBB laterally, the compensation & designation they offer. The reason for this is that indicators of quality have higher value than core experience. Also, given that you intend to make an in-field switch which may be different from your current experience set, you would need either your current company to enable a vertical switch (which, as far as I know, is unlikely).

If I assume that you have not attempted the dipstick, you do not know if you can actually make it to the case team's with current setup that you have. Having said that, ISB is one of the top (if not the top) colleges for consulting. The flipside is that you will be competing with profiles having some ridiculous Peaks (national players, musicians, IIT/DU grads who are also on dean's list etc) so you have to put some intense efforts to make your profile stand out.
Irrespective of how things fall out, you will be away from job market for only one year. While there will be a major expense that you will bill, having the ISB logo should (my guess is it always would) help you get shortlisted for the next 5 years that may be currently out of bounds.

Other than this, if I recall correctly, ISB also has a consulting club which let's you take on real consulting cases which may help you get a flavour of what you are looking out for.

Beyond these, the only factor left out is your current ctc, ctc and brand you can get with a jump, and ctc 2 years after ISB accounting for one jump in that period. Either way, I don't see a loss.

like

Thank you this helps! :)

I’m planning to go with 1 year full time program from ISB. Want to know if it’s worth the investment, actual package details and time invested.

like

It completely depends on the outcome you are expecting from an MBA. That's my first piece of advice to anyone.

If you're looking to switch domains, then MBA is the answer. Else, I would suggest you look at other options. As Kyndryl 1 rightly pointed out, only 30-40% people are able to extract the best ROI from ISB.

like

College name , would they offer u placement .. what is the fees .. where would you intern is it ?? ROI is very less for mba ..think about it !! Mba is worth only in isb or iim .. or try to do it in Canada where you would be eligible for PR .. don’t waste your money on silly colleges

Related Posts

Hi Fishes

What will be my inhand salary after deductions?

Thanks

Post Photo
like

I just graduated from a nontarget in Dec 2020 & am currently interning at PwC before I go back to do my Masters. My initial plan was to accept my full time offer and slowly work my way into IB.

I see postings right now for FT IB analyst programs. Should I even try applying online?

Ik recruiters don’t really read cover letters, but I learned about banking rlly late into college. i’m the daughter of blue collar workers who don’t speak English so I never really knew what jobs were “prestigious”

like

When negotiating salary and being asked if you currently get a bonus, would you "lie" if it helps you to get paid more? Is this considered taboo and is there any way a potential employer could find out if you weren't truthful about your current salary/bonuses? Is it illegal if you were to accept an offer for that potential employer to question you about your previous companies pay structure?

like

McKinsey & Company Anyone at McKinsey & Company willing to refer a Marine veteran (OIF, I swear I will not eat all the crayons. "Crayons" are for art is what my wife tells me to tell myself)

5yrs Marines (Sgt, Comm maint tech w infantry Bn)
8yrs in Oil & Gas (engr coordinator, qty surveying and proj ctrl)
CM undergrad
MBA (professional program, graduated May 2022)

I'm looking for a role in McK serving O&G, industrial, capital projects clients. Open to generalist roles as well. Can review for vetting.

likefunny

Hi I am CA and MBA with 17 years of experience. Currently looking for job opportunities. I have experience in business finance analytics, MIS budgeting and forecasting. Have worked with brands like icici, Kotak, IDFC first bank

like

What should a Linux administrator get with 2 years of experience.
Current salary- 4 LPA in another company and going to Switch to Accenture.

like

How is Airbus India company? specifically for the Mechanical/ Aerospace profiles (Design/ Stress)? How are the yearly hikes at Airbus?

like

Salary for Sr Contracting Admins or Senior Proposal Managers @tidal basin

like

Hello! Has anyone ever built a campus recruiting structure for a company? Meaning they started from scratch and built out campus recruitment? What was the pros and cons? Also, what was your salary, how long did you stay there and did you enjoy building this out?

like

I've been working in the NHS as an orthopaedic surgeon for over 10 years. I have recently made the transition over to industry working for a pharmcovigilance and certification body TUV SUD. Early signs are great. I know several clinicians who are currently advocating the overworked underpaid mantra and would like a referral. Let me know if you are keen to hear more.

like

I’ve heard people say that despite having a legal degree that pay between CPA’s and lawyers evens out at manager level. Is there any truth to this?

like

I’m going through the interview process with B4 for senior audit position. My salary expecting are around 85k but EY and Deloitte recruiters told me that it was pretty high. Is that true? (Miami location)

like
like

What does the Tax Reporting & Strategy Deals team at PwC do? Do they have busy seasons or all year round busy? What’s the pay like compared to other tax specialties such as general compliance or M&A? Thanks in advance.

like

Hello Sharks,

Can anyone please let me know the in hand monthly salary?

Post Photo
like

I recently got an offer from Verizon for ENGR II DATABASE, wanted to know what is the standard pay package for a 3 yrs experience guy in this role.

I am an Oracle Database Administrator.

#salary

like

Software sales folks earning commissions based on MRR as customers are invoices- Do you get paid commission for deals you closed even after your employment ends?

like
like

What % of settlements do you take home as an associate? Trying to gauge what I should be seeking in my next contract. Currently at 3% split prorated with all handling attys. Is this normal?

like

More Posts

like

Is Wipro firing employees? Came across a few posts in LinkedIn

like

Hey fish

I have separate NPS account in which i was contributing for more than an year and now i see an option in my payroll portal like i can link my NPS PRAN to current org and employer will also contribute equally

Can some one suggest what does it benifit us and how it differs from EPFO which we have already

like

M/SM and above, why do you label a meeting as “touch point” or ask if you can have a “quick chat” when it’s something serious? Millennials like us always assume we’re about to get fired - I actually have been laid off in a meeting with that title. But at my new job, my boss asked for a “quick chat” to literally ask me to change the title of a meeting and then chat about christmas. Now that I’m in management, I want to understand it better.

like
like

Any suggestions on good books on consulting for reading during holidays

like

Does LTI pay the full variable annually?
If not than what is the range in which the give the variable

like
like

What the salary slab for Engagement manager 2 in Akamai ?

like
like

Anybody awake and want to chat? 35M here!

like

I need to know what is the role of a semi senior software engineer At Globant?

like

Why People Are Quitting Their Jobs

Post Photo
like

The son of the owner where I work has been coming to work with a gun showing it off to people. He got into an arguement, put his hands on another employee and threatened to put a 9 bullet in his head. I suspended him and opened an investigation. The owner is mad and feels my case is biased and suspended me. He admitted guild and its not about what happened but why! I need to protect the business & secure the victim to lessen the chance of him reporting this to EEOC or DHL. He's being a dad

like

I’m currently working with a senior level HR candidate. This individual has a doctorate in business with a focus in HR, her SPHR, Federal, and private sector experience at the singer level, and has a fabulous personality. I’m curious is anyone else having difficulties play some candidates like this? At this point I’m starting to think it’s racial or her sex based of the lack of interest in this candidate. Any thoughts?

like

Anyone still play Pokémon Go?

like

Does Luxoft Poland give package based on city of living? (Senior developer, 10yoe, Java). For example, if I choose Gdansk, will they give me lower package because of lower cost of living?

like
like

Looking for referrals for a Technical Sales Executive position that is Remote (USA), possibly in the industrial sector. Last year I made $109k at AT&T so I'm hoping to at least stay in the same ball park but want a change. I have lots of experience selling IT/telecom, but I also have a Mechanical Engineering background so I'm a good fit for a wide range of technical sales. I have been thinking a role in the industrial sector with a longer sales cycle may be a good fit, can travel up to 25%

like

Do you find yourself thinking about ways to improve your lessons as you experience life? I’m on vacation for the first time in 10 years and I keep asking myself “wow, what kind of technology is that?” And “How can I integrate that in my Computer Technology class?”

like

Additional Posts in Salary Slabs - Consulting

funnylike

How much Salary should a Senior project Manager working in localization industry should be getting.
Also what all courses would be beneficial for upskilling.

Hi Fishes,
What should be the salary for Manager / Sr Manager having 14+ yoe in project/product service operations? I am at 32 lpa which I think is quite low having worked with top consulting firms for close to 12 years.

like

What the salary slab for Engagement manager 2 in Akamai ?

like

Thoughts??
Also, what do you prefer WFH or WFO?

Post Photo
like

Hi all,
How is module lead position at Mindtree, I've joined TR couple of months back and currently negotiating with mindtree at offered CTC of 15(13.5fixed+1.5var@100% pay)
1. How is work culture, projects, wlb, yearly hikes at mindtree.
2. What is the salary bracket for this position at mindtree how much can I negotiate further.

3yoe as Java backend dev
TIA

like

I am working as business analyst having total experience of 5 years 8 months and as a business analyst 4 years and 4 months. I have got offer of 11 ctc with 10% variable on current CTC of 5.75 , Can you guys please tell me what should be the expected CTC for this experience?

like

I have been selected for HR round at Deloitte USI for consultant - Manual/Functional Testing profile. My current CTC is 6.5 LPA and I have 4 years of experience. How much salary I can quote as Expected CTC in Deloitte USI? Please share any average salary for the same profile in the company if possible. Thanks.

Hi there,

I've 7 years of experience in IT working as a Java backend developer.
Not getting much call from Naukri or LinkedIn.
40 more days to serve notice.
My current CTC id 16 LPA, how much I can expect?
I've an offer letter of 20.5 LPA from TCS, is it worth to go for TCS or should wait for other interviews?

Your suggestion will be much appreciated.

like

Hi,

I have multiple offers from different types of companies. Among those i am considering these two.

First - Crestron Electronics (Product Based) 15LPA Fixed.
Second - Msys technologies (Service Based) Client - AMI... 17LPA Fixed + 1 JB

I have 3.5 years of experience.... Which one will be more helpful for my career and growth?

like

Hi fishes,

I am working as analyst in kgs consulting team with total 5 years of exp. I have got an offer letter from accenture with 10lpa + variable. The role is of senior analyst in technology side.
My current compensation is 6.5 and manager ia saying that they will promote and increse my salary.
What should i do? Please suggest.

like

Hi,

I'm interviewing for Data Analytics Sr Analyst at Salesforce,
What is the Salary range for for this role?

Y.O.E - 4.5 Yrs
CCTC - 10Lpa,
Holding other offer - 21 Lpa

like

YOE : 7.8 i have an offer from IBM and HCL.
IBM : 18 fixed + 1 JB HCL : 21 ( 18 fixed + 1lakh approx (monthly variable) + 2 lakh Annual variable ) . Now i have a discussion pending with Robert Bosch , What should i quote ! Which will be better for job security and work life and overall career growth .

like

Is AVEVA good company to join as Project Manager?

like

Kindly like my post, I need to get 11 likes to start activating chat feature, Thanks.!!

like

Which techstack according to you is being paid the highest package with same level of experience😇😇😇😇?
Highly appreciate mentioning the yoe, the techstack and the package offered🥰🥰🥰🥰

like

Hi fishes,

Could you please let me know how much expected salary I can ask for as I have 4.6 years of experience in manual testing?
Please enlist expected salary details as per market standards:
1)If I show as 4.5 years exp in manual testing -how much I can expect?
2)2 years manual and 2 years automation.
3)3 years manual and 1.6 years in automation.

My current package is 5.2lpa.
This will be my first switch.

Thanks for all your kind suggestions in advance.

like

How much CTC to expect for Team Lead and Solution Architect position in @EPAM (YOE: 12+, Skills: .NET)?

like

Hi guys,
Need help,I am joining
VMware Banglore on 27th June. During interview I told them I need wfh. They said it wil be wfh this entire year. Only mistake I did was i didn't permanent wfh. I took for granted like once I join i can opt for it ( as my VMware friends had said we can opt for it)
Now the offices have started, I am scared if they call me to office , I have 14months son, not willing to leave him n go for office.

So if I ask manager to give me permanent wfh will they agree ?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal