FAQโ€บDrop Year & Retakeโ€บIs an MBA from a new IIM worth it after 3-4 y...
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Is an MBA from a new IIM worth it after 3-4 years of work experience with CFA?

โœ“Last verified March 2026 ยท Spot outdated data? Email verify@collvera.com
Claude's answer

With 3-4 years of work-ex, CFA cleared, and current CTC around 7.5 LPA, a new IIM MBA makes sense only if you are ready to accept 15-20 LPA exit roles - otherwise go for ISB or executive MBA. The OP's direct take - "Imo if earning 15-20 LPA only old IIMs/tier 1 would be worth it, you'll get the ROI and have lots of fun. Due to age factor I'd recommend give this year or else go for ISB/Executive MBA." At 25-26 years old with 7.5 LPA current CTC, a new IIM MBA trajectory: 2 years fees (Rs 14-16L) + 2 years lost earnings (Rs 15-16L) = Rs 30L total investment. If you exit at 16 LPA (new IIM average for asset management), your pre-MBA-equivalent hike is ~2x over 2 years - decent but not spectacular. ISB PGP is better for your profile: Rs 43L fees, Rs 34 LPA average, GMAT 710+ cutoff, 1-year duration means only 1 year lost income. ISB actively recruits for AMC/banking roles at Rs 25-35 LPA range. The math favors ISB if you clear GMAT 720+ and can afford fees (loan-backed at 10-11% interest). Alternatively, SPJIMR PGPM (1-year, Rs 20L fees) or IIM Lucknow/Kozhikode executive programs offer faster exits. For your specific situation (CFA cleared, 25-26 age, AMC target), options ranked:

  1. ISB PGP (best ROI),
  1. IIM Kozhikode MBA (Rs 24L fees, Rs 28 LPA avg - still worth 2 years),
  1. SPJIMR PGPM,
  1. Skip MBA, deepen CFA charter + switch to a top AMC directly. Skip new IIMs unless your target is lifestyle change not salary. Check your eligibility at collvera.com/eligibility
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