FAQโ€บDrop Year & Retakeโ€บShould you drop a year for IIM ABC if you alr...
Iim AhmedabadIim BangaloreIim Calcuttacat

Should you drop a year for IIM ABC if you already have a 16 LPA job?

โœ“Last verified March 2026 ยท Spot outdated data?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

Dropping a 16 LPA job for IIM ABC is worth it if your goal is career pivot or long-term senior roles - the AMA host did exactly this at 16 LPA. The host shared: "I too had a job offer of 16LPA when I decided to go for CAT, reason being I couldn't see myself as a coder at the end of 5 years." At IIM Ahmedabad (Rs 27.5L fees, Rs 35.22 LPA avg, 99%+ CAT cutoff), you pivot from a coding track to consulting/finance/product management. The math: 16 LPA current salary x 2 years = Rs 32L opportunity cost; Rs 27.5L fees = Rs 59.5L total cost. Post-MBA at Rs 35 LPA average, payback is under 3 years. The real value: career optionality, senior leadership path, network access. The host correctly articulated the pivot motive - you can't see yourself in the current career trajectory at year

  1. Drop year decision framework: (
  1. Current trajectory leads to where you want to be? If yes, stay. (
  1. MBA opens desired roles unavailable otherwise? If yes, consider drop, (
  1. You can convert IIM ABC with available CAT percentile? If yes, proceed. The AMA host's drop year took 2 attempts (99.5 first, 99.9 second). Don't drop if you're uncertain about MBA goals - frustration compounds. Engineers at 16 LPA in IT services have most to gain from MBA pivot; engineers at 25 LPA in FAANG have less to gain financially but possibly more to gain in management exposure. Check your eligibility at collvera.com/eligibility
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