Is it wise to leave an SBI PO job for an MBA from SCMHRD?

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Somdatta Sen Posted On - Jun 15, 2023
MBA from Symbiosis Centre for Management and Human Resource Development (2018)

It is entirely dependent on your job goals. Without assessing the benefits and drawbacks as well as your priorities, no decision may be wise or foolish.

Advantages of becoming an SBI PO:

  • CTC of around 11 lakhs in Mumbai, and 8.5 lakhs in rural/semi-urban areas.
  • Job safety.
  • Posting in your neighborhood.
  • There are numerous options to work in diverse roles such as Treasury, International Banking, and international postings.

Cons of working as an SBI PO:

  • Two years of probation. You will be in training during this period and will not be assigned a role until you are confirmed. So, even after two years of experience, you don't have anything to show.
  • For at least three years after joining, rural/semi-urban postings are required.
  • Branch offices are overcrowded, and employees have few workplace amenities.

Advantages of pursuing an MBA:

  • A fantastic chance for lifelong learning.
  • You can create a fantastic network of like-minded experts.
  • A career change in the direction you desire to take your career.
  • CTC of nearly 13 lakhs (SCMHRD average).
  • There is no job security, but there are opportunities for advancement.

Cons of pursuing an MBA:

  • The cost of education debt.
  • Cost of opportunity.

It is up to you to decide whether it is a sensible move to leave your SBI PO job for an MBA from SCMHRD based on your priorities. You might even try this career while continuing to prepare for a better college or a 1-year MBA school if you are eligible to reduce opportunity costs.

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