How will I know when I'm ready to move up to the next level? I've been considering going after a promotion but part of me wonders if I'm ready for it.

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If you wait until you feel like you’re ready, you will hold yourself back. Fear of failure is powerful and if we’re not careful comfort becomes our aim rather than growth.
Go for the promotion as many times as it takes. And after that go for the next one and the next one. You’ve got this.

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Maybe ask your manager about job shadowing with a person in the position that you are looking at? That way you can see firsthand what they actually do. Or just talk to your manager about your goals in wanting to move up. They may have some insight in a plan that could get your ready but technically and mentally for the next role. Who knows they might feel like you are already at the place to move up!

I know when I was a UA, moving up was a struggle because the positions simply didn't exist. I would have had to move over to Underwriting instead of UA Management. That being said, I agree that your best move is to discuss your goals with your manager. I'd also keep an open mind on where you want to be promoted, Don't be too stubborn about sticking with a specific group. I think it's more important, especially early on, to simply get the experience and move to a preferred group later on if there's an opening.

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My company has given me a promotion without a raise. Any suggestions on how to deal with this?

Little background:

Asked for promotion in late 2020 - was required to skill up, after skilling up, asked again about when I'll be promoted and was denied because there is no "vacancy" for it.
Got my annual hike in Oct 2021 without the promotion. I asked HR last week again and got a random announcement email saying my promotion is w.e.f Oct 2021. ( and no raise for the newly promoted role).

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In one month is my mid term review.. Should I let my mentor know I'm applying for mba this year now or should I wait till after the review session? I'm afraid mentioning going to b school would hurt my "fast promotion". What's your guy's experience? :)

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- Thanks in Advance.

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