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hrishi84
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Concerned about ROI of ISB MBA 03 May 2024, 09:41
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­Hi everyone, 

I'm considering to apply to ISB next year

but with the MBA fees touching 50L and coming from over represented background I don't expect to get much scholarship also 

Also my current package has inflated significantly and is around the range of 65-70 LPA 

With the average ISB package around 35-40 LPA, I'm slighlty concerned does it make sense to do an MBA, as I'll be taking significant debt and also taking almost a 50% salary cut 

Thanks 
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Concerned about ROI of ISB MBA 03 May 2024, 10:01
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Seems like you don’t have a solid reason to do MBA (you probably are already at higher managerial positions). If degree is only a checklist to tick, you can also consider part time MBA degrees, just attend classes (and networking) on weekends: many IIMs and even ISB has that, where you don’t have to quit your job and the loan amount won’t be too much.

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Concerned about ROI of ISB MBA 03 May 2024, 10:14
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Before I can give my opinion, I am interested to know why you would want to pursue an MBA?

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Concerned about ROI of ISB MBA 04 May 2024, 00:05
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­How many years of work experience do you have? which industry and position?
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Concerned about ROI of ISB MBA 08 May 2024, 04:10
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hrishi84
­Hi everyone, 

I'm considering to apply to ISB next year

but with the MBA fees touching 50L and coming from over represented background I don't expect to get much scholarship also 

Also my current package has inflated significantly and is around the range of 65-70 LPA 

With the average ISB package around 35-40 LPA, I'm slighlty concerned does it make sense to do an MBA, as I'll be taking significant debt and also taking almost a 50% salary cut 

Thanks 
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­Hey hrishi84,

Thanks for writing in.

The answer would really depend on why you need an MBA - the learning, the growth, the exposure? The answer to this differs from applicant to applicant. Hence, if you feel like ISB stands to give you something you do not have or cannot achieve wherever you are currently, you must proceed.

Thanks.
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IVYCRACKERS.COM
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Concerned about ROI of ISB MBA 15 May 2024, 06:51
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hrishi84
­Hi everyone, 

I'm considering to apply to ISB next year

but with the MBA fees touching 50L and coming from over represented background I don't expect to get much scholarship also 

Also my current package has inflated significantly and is around the range of 65-70 LPA 

With the average ISB package around 35-40 LPA, I'm slighlty concerned does it make sense to do an MBA, as I'll be taking significant debt and also taking almost a 50% salary cut 

Thanks 
Show more
­Hi! To be honest, looks like you have a good concern. However, the point is whatever your end goal/long-term goal is - can you reach it without an MBA? If the answer is Yes, then there you can just focus on your current job. But, if the answer is No, then you need to identify will ISB help you achieving that goal and basis that you will have to take a decision. If your package is already inflated, you can discuss sabattical opportunities in your current organization and then join the same organization (maybe with a hike). Now, if you are looking for career transition, then an MBA from ISB or IIM A/B can help you. I think I read in one of your posts that you want to get into Product Management post MBA and for that you will need an MBA (if not for initial transition, then for moving up the corporate ladder faster).

Coming to ROI, I feel you will be able to get rid of the debt in 4~6 years depending on your expenses and decent career growth.

Also, just out of curiosity, are you planning for US B-schools as well?

We have 40+ mentors from ISB who have had different career transitions. Feel free to book a 30-mins complimentary call to clarify all your doubts by an experienced ISB alum with 10~15 years of industry expereince.

 
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Concerned about ROI of ISB MBA 15 May 2024, 07:38
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hrishi84
­Hi everyone, 

I'm considering to apply to ISB next year

but with the MBA fees touching 50L and coming from over represented background I don't expect to get much scholarship also 

Also my current package has inflated significantly and is around the range of 65-70 LPA 

With the average ISB package around 35-40 LPA, I'm slighlty concerned does it make sense to do an MBA, as I'll be taking significant debt and also taking almost a 50% salary cut 

Thanks 
Show more
­hrishi84 MBA is not a short-term game. If you were planning to pursue an MBA solely to increase your salary, then you are correct in assuming that ISB may not fulfill your expectations. Business schools receive considerable interest from high earners and closely assess the applicant's need for the MBA and whether the school can genuinely add value to candidates who are already high achievers. So it's really a two-way street. You should reassess what you aim to gain from an MBA at this stage, especially with your inflated pre-MBA salary figures in mind.

Many tech professionals pursue an MBA to acquire the knowledge and skills necessary to transition from technical roles to more management-oriented leadership positions. Some even transition out of the tech industry entirely to explore international opportunities in management consulting. Others want to be able to tap into the MBA brand prestige and the alumni network when the time is right for the long term goals. If salary is your sole motivation for pursuing an MBA, then it's best to reconsider. You may also want to reconsider whether ISB is the right school for you or if you're potentially undervaluing your abilities by not aiming for more competitive options.

Happy to advise you further

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Aanchal Sahni (INSEAD MBA alum, former INSEAD MBA admissions interviewer)
Founder, MBAGuideConsulting 
LinkedIn |WEBSITE: https://mbaguideconsulting.com/| Message(WA): +91 9971200927| email- mbaguideconsulting@gmail.com­

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