Arunabh1990
Hi guys and girls.
I'm a 31 year old guy from India working in an automobile company. I've been in this job for 10 years now and it's a good job. But lately I feel I've been stuck here too long!
I'm making a really decent salary (1.1 lakhs in hand. CTC of about 17 lakhs). The thing is I know I can do a better job than my supervisors yet the company policy doesn't allow people like me promotions till someone else above me moves on (or drop dead!

)
I've scored 750 in GMAT and am on the verge of applying for MBA in IIM. The thing I am most interested to know is,
Does someone like me with 10 years of work ex even have a shot in IIM with me narrow work experience?
And How much of a pay bump can I expect if i do manage to get in IIMA? Like I said, if I'm already making 1.1 lakhs in hand, I don't wanna spend a year, give up my job and pay 30 lakhs for an MBA just to end up earning 1.3 lakhs!
Posted from my mobile deviceHi
Arunabh1990 hope you are doing great
First, you have a great shot at making it to IIM A. I, too, come from an automotive background, and over the years, I have helped folks from this industry secure admits to IIM A; most were your age, and I feel people tend to exit this industry at a later stage because this industry is so well organized and systematic (and so are the job roles).
You present an interesting conflict that has been going on in your mind. How about you think which of the three factors - "comfort" or "passion" or "money" played the most significant role in keeping you at this job for ten years? I am more inclined to think it is between the first and second, especially because you stayed beyond five years when most talent in the private sector tends to move on for greener pastures. If you feel good about having a certain level of comfort/work-life balance in your job and still feel passionate about the role you have been pursuing in the automotive sector, you certainly do not need to move on. You may be set up for success and leadership positions in your company, given your vast experience. But only you know what opportunities lie ahead of you currently in this job.
However, if you wish to explore a new realm of the industry in a role you may not have pursued before, would like to be challenged by something new, get fast-tracked in your career or start something of your own, get decently compensated, make cross-industry connections, and most importantly learn something new in school, this might be a good time to do an MBA/PGP. It might sound cliche, but MBA/PGP is more of a long-term investment. But having said that, I am sure you would at least double (if not more) what you currently earn after your MBA/PGP.
Best wishes