Maximizing Post-MBA Salary
Assuming we're looking at a 15 year time horizon post-MBA for someone who didn't do finance pre-MBA, what are some career pathways post-MBA that would maximizing the NPV in the 15 year time horizon?
Does doing IB post-MBA beat out (total compensation wise) all other options including PM at FAANG?
Banking has a clearer path to solid peak career earnings (~$1M+/year) but BigTech PM has less risk attached to it (far easier to burn out, rage-quit, get counseled out etc in banking).
In the average case, someone going to banking would flame out by later year Associate/VP/Director and land a cushy corp job somewhere on ~$200-300k whilst the BigTech PM would probably plateau at the average terminal career level (~Sr PM) and make ~$300-500k.
In the best case, banker reaches MD and the PM reaches Director level PM (or one step below e.g. Group PM) and both make >$1M.
For big tech PM do you need programming knowledge or just business acumen? What's the path post B-School?
I've heard that for the most part, PMs are preferred to have technical skills so something like a CS undergrad degree. That's why you see so many PMs with MBAs. They did technical undergrad degrees and got an MBA.
Iusto sed iste iusto iure. Esse quis ad alias voluptatem. Consectetur aliquid recusandae rem sapiente.
Reprehenderit facere est a molestias sed optio. Aspernatur optio ea sed iusto. Qui quod corporis accusantium esse et. Ab qui eligendi qui dolore sunt ut soluta.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...