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I’m an IIM A grad - been there and done it , if you have what it takes - go for a top MBA for the below reasons
1. Amazing peer network and job opportunities
2. Lot many options to fall back on even if you get laid off - less chances to get laid off because the talent cost is budgeted separately in big firms for premium talent !
3. Recruiters take you very seriously (my personal experience)
4. Your exponential growth is justified
5. Branded for life - everything on this earth works on brand value and so is your resume
6. Lots of new things you’ll learn (both academically , personally and professionally) - if you have the ability to learn
7. You’ll get away from bullshitting and you’ll give more importance to your time that you invest in
8. Don’t go to MBA only with an mere intent to get big packages (it will eventually happen anyway ) but invest in other resources …
Finally , ppl (who will be working under your supervision) who have never been to a any of the b-schools are the one who give you non sense advice as to why you shouldn’t do it - because they can never do it … but trust me , if you can pull it off you should ! You are in the right age and time ! Nothing like it if you can make it 😉
(Excuse my typos if any)
Totally fine to pursue 1 year mba , infact, IIMs in the next decade will Phase out 2 year MBA ! You can editorials on google!
It's got good ROI in long run + 100% placement + around 30LPA is avg for the batch! You can research on the stats + you will be considered like a lateral when you're offered placements so you can get good roles + package and no mass hiring which will normalize your benefits
MBA is good course,
look for it, if you have 100% dedication towards it.
so that you will easy pick for the manager level
Tier 4 Engineering passouts get paid 2x of what top 10 Bschool grads make.
Chief
No, they don't
MBAs are investment for Career Shifts if you don’t like your current role, career path then yes it is worth it. Tier 1 schools will help boost your career in a good way and get you access to right people and resources. However bear in mind there are 1000s passing out of these elite b-schools every year hence except for the first job, rest all is upto you.
Not much. As most of the companies would pay you just starting salary after MBA. Expect CTC of 8-13.
If you join IIM and get placed in Top Companies, your CTC would be 20+
At the end, you will have one thing. Your ROI.
Try to go to IIM and get a package of 20+ or else there is no such benefit of doing an MBA from an average college.
Consider for MBA
1. Recession time is the best time to study
2. ROI
3. Join Product Based Company
4. If an education loan is needed, take less. Interest rate is hopping 10% min. from SBI
5. Your MBA degree must be justified where you work. Getting a Tag of Consultant doesn't seem to work all the time with all employers.