Is MBA really necessary for career growth and better salary anymore?
Hi everyone,
I’m currently confused about whether I should pursue an MBA or focus on upskilling and switching jobs instead.
A little about me:
- Engineering background (EXTC)
- Around 3.5 years of experience across Business Development, Product Management internship, Business Consulting, and currently working in Product Digital Business / Customer Journey role
- My current salary feels quite low compared to my experience and responsibilities
I was considering preparing for MBA because I want:
- Better salary growth
- Better career opportunities
- More stable long-term career progression
But at the same time, I keep wondering:
- Is MBA still worth the huge investment of time + money?
- Can online certifications/courses + strategic job switches give similar salary growth?
- In today’s market, are skills and experience more valuable than degrees?
- Would it make more sense to keep gaining experience and move into better-paying product/business roles instead of leaving work for 2 years?
I’ve already done a few online certifications in product management, project management, digital marketing, etc., so I’m wondering if continuing to upskill and switching companies is a smarter route.
Would really appreciate advice from people who chose either path:
- MBA route OR
- Upskilling + job switch route
What worked better for you in terms of salary and career growth?