Michael Jebadurai joined IFMR GSB with the intention of doing Finance and understand how money works. Coming from an engineering background, he had some difficulty coping with finance, but he persevered. Unlike undergraduate degrees, MBA had a lot of peer-learning and was more focused on the approach. However, MBA isn’t cheap. He says that if you plan on doing an MBA, it is essential that your package at least helps you pay off your loan. Ultimately, money is important, no matter how much you love your job.
In this video, he goes into details of finance, and how he looks at MBA as a time and money commitment. He talks about how one should choose their b-school, what all they should be looking for including the placements and ROIs. He also speaks of his days in IFMR, and his first job, giving us brief insights into what happened with the 2G scam, which happened when he was working in SBI. Finally, he speaks of his role in Piramal Capital and what his responsibilities are.
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Key Takeaways:
1. Even if you say you love your job, at the end of the day it’s all about money.
2. It’s about identifying your weak areas and working on it. You’ll get there.
3. In the MBA, it’s more about the how-to approach, rather than facts.
4. MBA is a time commitment and money commitment.
5. Even if you pay off your debts in 3-4 years, economically you’re still where you were 5-6 years ago.
6. At the least, your package should help you pay off your loan.
7. Not all colleges are good at everything.
8. There will be things that are not in your control. You just have to keep trying.
9. The first thing any employer will do is Google your name.
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