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Re: Currently in Tech and plan to stay in industry post MBA - worth it? [#permalink]
bb

Thank you for the insight (and creating this great community! A few things I wanted to follow up on:

-To be clear I am from the US originally, so the culture shock is no issue :) (it was certainly more of the reverse coming to Japan!)

Quote:
I’m not sure about entrepreneurship and business school I’m always conflicted about it since you’re going to borrow $200,000 and not have a salary after you graduate. That doesn’t seem to be a wise decision but a lot of people do it nevertheless


I think this is getting to the crux of my dilemma. I do not believe my current background is a blocker to getting PM at FAANG (in fact I had PM interviews at Google a few months back before dropping out of the process due to some personal reasons). The interview process is pretty grueling for some of these companies but I don't think an MBA from even the top schools would particularly change that aspect.

For me FAANG is not the ultimate career goal, in-fact the only reason I am interested in FAANG is more for the exp and the exit ops it could provide in other careers in tech (working PM at FAANG seems to be akin from a signaling factor standpoint to getting an MBA at H/W/S in terms of future career opportunities).


So, given that my career prospects may only be marginally improved by going the MBA route, in your opinion do you think the price of admission is worthwhile just for:
-Expanding my network and meeting other talented peers
-The experience (I did not particularly take undergraduate education that seriously and I want another opportunity to have an educational experience as a more emotionally mature person)
-Entrepreneurship (though your point about tuition debt + no -salary does not seem like a great time to then take a risk immediately in that regard)

After typing this I suppose this is more of a personal existential decision to answer the above, but I'm wondering if there is any other aspect of an MBA experience I am discounting?
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Re: Currently in Tech and plan to stay in industry post MBA - worth it? [#permalink]
souvik101990

Congrats on the role at AWS (definitely the best part of amazon to be in)

Would definitely like your insight here - I am aware MBA is not required for PM (which if it was, would make my decision a lot easier!)

My main problem is that I feel like I have been a bit stagnated by getting my first job in Product at an unknown startup in Japan - especially since I plan to return back to the states.

Basically what I'm concerned about is:
1. My background/exp seems to not preclude me from getting interviews with some strong tech companies, but it is a relatively uphill battle just because my name brand work exp has been in other disciplines (consulting and CPG strat)
2. I'm not particularly confident about the quality of my product management experience at my current company thusfar
3. I'm viewing MBA as a bit of a "reset" that can enhance my current resume but can still leverage my prior PM (1.5 years at the moment) exp for post-grad PM applications (I'd assume a fresh MBA grad with prior exp in PM would be more competitive than one without)

Do you think I'm missing something here. I guess the alternative would be just to spend the time prepping for GMAT/apps on cracking the pm interview and the like....
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Re: Currently in Tech and plan to stay in industry post MBA - worth it? [#permalink]
Oh also regarding your internshp exp with apple, was that in Product? assuming this was between y1 and y2 during MBA program? If so, I was not aware that FAANG offered graduate-level internships, that would actually be quite enticing to me
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Re: Currently in Tech and plan to stay in industry post MBA - worth it? [#permalink]
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Wow. This discussion really blossomed. All it took was my philosophical post :lol:

I know plenty of successful people who don't have an MBA and they are not in a rush to get one. If you can get a job at one of your target companies or a plan how to get there within 2 years without spending $200K, that's great! An MBA usually allows you to jump a level or two and boost your career. Again, if you can do it on your own, that's awesome. As to Entrepreneurship, unless you are forced to work on your own venture (i.e. unemployed, it is always better to work under the cover of your day job - it allows you to evaluate your venture and not have the pressure of paying rent get the better of you). I would absolutely recommend getting a job and working on your venture in parallel - that would be an equivalent of your MBA load.

As to value of an MBA and staritng your own business, things are definitely easier after an MBA. Obviously you will learn and applying the year or two what you learn in classes, cases, and peers. However, it is also not because you know everything but because you think you can do anything. I was there and thought that. Is that worth $100-200K?

As to a network - maybe. Some schools, esp the Top 10 do offer a lot of help to startups and have resources to get you noticed but you can also do that if you have a solid idea and you believe in it....

P.S. I figured you were from the US but I am concerned you will return to a place you will not recognize, esp after the COVID-19. You will hit traffic, disrespectful drivers, shoppers, etc, and
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Re: Currently in Tech and plan to stay in industry post MBA - worth it? [#permalink]
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hookem14 wrote:
souvik101990

Congrats on the role at AWS (definitely the best part of amazon to be in)

Would definitely like your insight here - I am aware MBA is not required for PM (which if it was, would make my decision a lot easier!)

My main problem is that I feel like I have been a bit stagnated by getting my first job in Product at an unknown startup in Japan - especially since I plan to return back to the states.

Basically what I'm concerned about is:
1. My background/exp seems to not preclude me from getting interviews with some strong tech companies, but it is a relatively uphill battle just because my name brand work exp has been in other disciplines (consulting and CPG strat)
2. I'm not particularly confident about the quality of my product management experience at my current company thusfar
3. I'm viewing MBA as a bit of a "reset" that can enhance my current resume but can still leverage my prior PM (1.5 years at the moment) exp for post-grad PM applications (I'd assume a fresh MBA grad with prior exp in PM would be more competitive than one without)

Do you think I'm missing something here. I guess the alternative would be just to spend the time prepping for GMAT/apps on cracking the pm interview and the like....


The MBA will actually be a good reset if that’s what you’re looking for. A VERY expensive reset :(

An MBA will help you get a better foot in the door for PM stuff.

I understand the stagnation and it happens to everyone. The MBA will be a good reset. You can also explore a few other degrees that are more related to PM and tech if that’s an option for you.

The other thing I’d mention is that you will still need referrals. An MBA might be great for some university recruiting, a lot of interviewing still depends on getting someone to invite you to apply.

And yes, most tech companies would offer internships. Companies like Apple, Google, Microsoft, Amazon and even Facebook all have MBA PM internships :)

There are also smaller tech PM opportunities that provide an internships. Companies like Zillow, Airbnb, Uber, Walmart e-commerce would offer internships in large numbers.

Only if the damn virus thing gets over.

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Re: Currently in Tech and plan to stay in industry post MBA - worth it? [#permalink]
Thanks hookem14 for starting this discussion, and bb and souvik101990 for your insightful inputs as usual.

Without sounding like I'm hijacking this thread, I want to ask a couple of questions of my own, since I find myself in somewhat of a similar situation as OP - stagnating in my current career path, lacking a network to break into FAANG or other top tech firms, and having long-term entrepreneurial ambitions. We differ a bit in that I am looking at the 'reset' that OP mentioned to also serve as a career switch.

1. I have 3 years of PMM experience and have had a decent exposure to a PM's day-to-day job (and dirtied my hands a bit on the product-side as well: doing customer interviews, growth/adoption hacking, wireframes and flows for smaller features). However, my first PMM role was in a bootstrapped SaaS startup, and my current role is in an Indian SaaS unicorn which is still not a known name in the US or other geographies.
2. I felt the lack of name-brands was a potential gap in my MBA applications, particularly at M7/T10 schools (rejections after interviews at Kellogg and Haas).
3. I have researched PM interviews at FAANG and while I might be able to hack my way in terms of technical knowledge (with considerable prep and a lot of luck required), I think my lack of PM experience or name-brands on my resume will most probably lead to similar results as in #2 aka 'good but not good enough'. I also feel that I'll be underequipped to directly switch to a PM job without some experience (hands-on courses, projects, internship). In reality, it will be more realistic to aim for a PMM job in these or other top companies in India (Microsoft, LinkedIn, Uber, etc) and then switch to PM eventually. Not sure how much time this progression will take.

The reason I'm somewhat relooking at my current decision (attending a 2-year program) is because of the start of the economic slowdown, employers might be more selective and international career-switchers may face more difficulties than before. So, if I'm eventually looking at recruiting realistically for PMM roles through b-school, is it worth the extra 200k and two years vs the alternative path mentioned in #3?

souvik101990 I know you were also in a pre-MBA role that was PM-ish, and you definitely have more tech experience in your resume that I do. How did you think about the 'interview hacking' strategy that you suggested? What do you think I should also be considering that I haven't yet?

bb I would love to see your take on this as well.
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Currently in Tech and plan to stay in industry post MBA - worth it? [#permalink]
Interesting to see the same dilemma from both people abroad who have PM experience to some extent. I’d recommend networking and getting some resume help from practitioners (as in actual PMs). Going to an MBA program where the career office is most familiar with tracks for consultants, bankers and F500 general managers won’t get you that.

Now if you want a stronger grasp on business, that’d be a bigger reason for why an MBA would be necessary. But your foot is already in the PM door. People in the Bay don’t care for MBAs to be a PM.

What other companies besides FAANGM have you explored? There are SOOOO many other companies that pay a ton, have sick products/projects, and provide incredible exit opps. I was at a different big tech company in the SaaS space. And that experience alone opened up all the doors for interviews for not just FAANGM, but also unicorns, startups and other big tech. Similar to how you dipped your foot into the PM door, you just need one foot into the Bay Area tech door, and the world is your oyster.

RE: PMM, I’ve definitely seen so many PMMs become PMs. A lot of it was due to strong relationships and quality of work. If you can’t get PM right away, try to get PMM at a desirable tech company in the bay and make the switch in 1-2 years. That way, you still get paid handsomely, learn the actual role, build relationships internally/externally, and not take on a ton of debt.

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Currently in Tech and plan to stay in industry post MBA - worth it? [#permalink]

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