Yet again this channel has proved to remain true in telling facts. The IIM Guy has never sugar-coated anything and has guided truthfully, always. Authenticity is your USP. This is the only reason as why I've subscribed this channel. Keep growing!
Yes he is telling half truth because may be he was not good technically....... the company in which a friend of mine is working has people working as an individual contributor and people are 50-55 years of age drawing 1 crore of salary. So, this whole thing above 45 is not completely true.
Life is all about needs and desires. If one doesn’t have control over desires will get trapped in corporate life. The Indian philosophy says Vaanaprastha at 50. It’s so wise and so relevant even today.
That's because people used to die early back then😂..Life expectancy was very low. Now people won't die before 60-65(most people).. You're going to live longer..So you need money to sustain yourself..to sustain your family..To enjoy the time you have left..You can't just run away from responsibilities..
@@rockwithyou2006 well,if you have a family and children, it's your responsibility. You can't be like "imma go vanaprastha" when you hit 60 and run away..Whether you're able to /want to have a family is another discussion..
@@theiimguybhai kuch batao mai bahut pareshaan hu meri tcs me joining nhi aa rhi hn Ghar Wale bol rhe hn sarkari Naukri ki tayari karo. Private ka koi bharosa nhi hn .Bataiye sir kya karu kuch samaj nhi aa rha hn mai kya karu kuch bataiye mere Ghar me koi nhi hn suggestion Dene wala.4 mahine se wait kar rha hu kuch bataiye Sir.....
@@theiimguy Bro Mere company ke CEO bnoge bolo Agar bnoge to mai company bnaunga 5 saal ke baad ap aoge let's do something big But haa Apko bhut zada pressure rahega Thik h btaiye????????
In Mumbai a 2 BHK in Goregaon costs 1.8-2.2 crs. The average age of buying a home is early to mid 30s. In any housing complexes this can be observed. Most people are paying almost 80k-1L EMI. They will have to pay their Bonuses for next 10-15 yrs for prepayment. Then expenses of kids and maintenance and car and education and going out and healthcare. By the age of 45 -48 is when an average person gets debt free. This is truth of people who are working nearby me who are in PwC, E&Y, Banks and Financial institutions. Even a VP level person who gets 5 lakh take home can at best buy a 3 bhk for 3.5 -5 crs in Mumbai. No matter how much salary you get for a salaried person it is nothing great in Mumbai. So if someone has a parental home or home bought 15 yrs ago then consider yourself lucky.
1 st of all in goregaon it it 2 bhk around 2.5 cr to 3 cr...mid 30 s he/she is nt eligibible for loans... so discussion over... dnt dream in day light...
@@ranjitchakraborty6166 You have doubled down on what I cited as example. Look at the spirit of the point rather than nit picking. Property agents usually know more about a micro market than others. I may be off a bit here and there as I'm not an agent. I will agree with you since a broker deals in the market daily.
What you mentioned in the video makes sense - However there are no more segregated roles anymore whether in Tech , Banking or even Consulting a managerial role and a tech role are co -existent now, its evolving and the level of management only kicks in at Executive Business Mgmt (Folks managing complete business lines or entities) level or 1 level below.
You've hit the nail on the head. The business landscape is indeed evolving rapidly, and the integration of technical and managerial skills is becoming the norm across various industries. This convergence allows professionals to be more versatile and adapt to changing demands.
Pure manager roles except at executive level are fastest way to get fired and it’s a myth that you can’t be a technical person at 45+ , it’s true if you are in a service company but product companies demand deep experience.
You're absolutely right; purely managerial roles, especially at lower levels, can be susceptible to downsizing or restructuring. It's essential to continuously develop your skills, adapt to industry changes.
Its opposite in IT companies.I think you work in Marketing / sales types of roles.One should be highly technical if you plan to survive in a technology /IT industry in a technical domain..Continuous technical skill upgrade (cloud,azure,ai, data science,cyber security,python,React JS,Angular JS) is a must, MBA is of very little use, unless it is related to sales and marketing types.Managers in IT are easily replacable in comparison to say Architect.Many times Managers salary will be less than the Architect reporting to him.Dont misguide the young people.
Actually i want to be a teacher after 40 years. It’s ok for the low pay but at least i can do things i wish to do in my free time without worrying too much about work. I can invest my time in my hobbies. I’m already doing my masters in mathematics through distance(graduating 2024). Hoping to do B.ed too.
Well, to begin with, specifically to the IT software industry, I still find many older people working who are 50+. But I'm not sure it's the same thing across other corporate industry domains. I will turn 45 this Dec 2023 and I am still working as a SAP Basis HANA consultant in a mid to almost senior role in Sydney, Australia (I have moved here permanently). Here in my office there are almost many people who are older than me. Some even are 68 years old. That's my personal experience and observation.
@stifler4eva1 It's about the work culture and not about the population. Issue is with the work culture, ethics and social behavior. It's NOT about population.
@stifler4eva1 OH really. Then how come India with more population and lesser country area is way backward than Australia, whose population is just around 26 million with an area more than twice of India?? What happened to the hand in hand theory???
Disagree with you w.r.t tech. Being in tech since the last 10 years, I have seen many technical architects becoming VPs, Directors etc without becoming managers. You mentioned saturation in technical roles but not managerial. Can everyone after 45 and MBA get managerial roles? The system is pyramidal and not everyone can get managerial roles.
Hi Sir... Can you please tell me that which sector is according to you is best for the guy who wants to survive in corporate even after 45. Sectors like Marketing, Finance, HR, IT, Supply Chain, or any other
Hello..!! I have been a regular viewer of your video and have subscribed your channel after a good analysis of the content you include. I have completed my MBA from an average college in Bangalore. I do have almost five years of managerial experience in cooperative sector here in Nepal. I am still working with somewhere around 8 lakhs (INR) of package. How if I plan and start preparing for IIMB at this point of time? What would you suggest? Eagerly waiting for your suggestion. Love from Nepal..
Doctor! Doctors in private hospitals often have demanding and unpredictable work schedules, especially in specialties like surgery and emergency medicine. They may need to be on-call during weekends and holidays.
Very insightful!! You have come way ahead Abhishek sir...if you remember we use to work in a rental real estate start up in 2018...Your videos are very impactful.
A hard pill to swallow but mba grads don't prefer sales role with direct topline responsibility. While at the start of your career you can overshadow and number crunch all you want with a desk job, you should start to move into a role which has P&L responsibility. Longterm if you want to survive corporate it is crucial to go for a role with more responsibilities. It's a no brainer that no company will pay a 45 year old to do quintessential desk jobs like number crunching on excel. They would rather prefer to hire a smart college grad who will do it at half the cost !
You've highlighted an important aspect of career progression in the corporate world. While an MBA can open doors to various roles, it's true that long-term success often involves taking on roles with P&L (Profit and Loss) responsibility.
You dont have complete fact, it is not only technical people only work on systems, data or coding...even you can grow in technical line with architect roles, senior architects, executive architect roles - it depends how much you are adding values to your organization - age no bar
You mentioned that one should explore till the age of 30-32. But won't that look bad on our CV? And every new industry will give us a starting salary because we are new to the industry
If you want to look good on cv to crack that high paying job then yes its wrong, if you want to learn different fields and industries which gives you a perspective which most don't have that in turn which helps you find what you need to do and what the world needs, hence you find your passion and hopefully a business which actually solves a problem. But it is the road less taken and questioned in interviews if someone actually takes it.
Good job, however, very subject of your presentation is focused on earning/growth/survival. I believe that you should also study and make a video on expenses side. How builder/school walas/other service providers keep their pricing in sync with average earnings. Just notice how they suck up all the growth over time. My personal experience: enter into business at an early age, take study as side work. On an average, I have seen better results with this model.
Sir Need a detailed video on digital marketing and its jobs, analytics of the job and opportunity in the future regarding digital marketing, salaries in the industry in India and other countries, Colleges In India where I can do digital marketing Hope we will get a video on this topic as I think digital marketing will grow in the upcoming years
Bhaiya I know you've emphasized in your video's several times to prioritize the CAT over academics, and I understand. However, I have a question. I'm considering filling out the application form for the XAT exam, but I'm uncertain about my academic qualifications. My profile is 10th - 40%, 12th - 60%, and graduation - 60%. I'm a non-engineer from the OBC category, and fresher. My question is, can I secure admission to XLRI or FMS with a 99%ile score? If possible could tell me which colleges should i consider?
We can never be able to plan our lives based on current situation. This is a wrong mindset, we never know what may happen in future and especially how technologies are being shaped In india, corporate culture is just 30 years old.
You are saying because you are a nice person. I worked for 3 years in a company where I was better than my boss and my colleagues, but they dint appreciate me. Rather took more work from me. You are lucky if you get nice people at your workplace.
I think its just easier to hire and fire young ppl. Solid experience and expertise is hard to get, so only big companies are able afford them. There is no replacement for expertise …. Its always in demand. So work on developing your tradecraft and work wherever you want.
This is true. Corporates discourage the most of above 45 people to remain there by giving these employees less increments and high burden. So people should save enough money to face after 45 years.
I wish man MBA fees wouldnt be more than 8 lakh for colleges. This is really sad that its so expensive. First 2 yrs your arent earning.. and then after completing paying loans side by side.😪
Thank you sir for this very relevant content... I have a query. My gut feeling is with AI, the managerial roles might start becoming redundant as people management could be made easier with AI tools in near future. If expertise is not made in particular domain and role, career growth might get tougher. I might be totally wrong as well about this, but what are your views on this point? Looking forward for your answer
This is a flawed assumption AI is just an enabler to boost productivity and in its current shape it will take years to match the level of human intelligence Yes you have to upskill but thinking that strategic jobs will be taken over by AI is bit of a hyperbole
If you want to survive in IT Technical positions, than you need to constantly upgrade skill sets in those areas where demand exists . Today skillsets are in demand in Artificial Intelligence and Data analytics. As you age beyond 35-40, it becomes difficult to upgrade such technical skills. If you are unable to upgrade technical skills, then it is better to go for managerial positions.
@@theiimguyGovt Bank Jobs including Regulatory Bodies Vs Corporates Job including Pvt Banks, on a long term view, covering salary/work life/work satisfaction/growth/mental peace, etc bhaiya make a video on this topic.
Work for Sole Proprietorship upto the Age of 15, Work For Partnership Firm after the Age of 15 until the age of 30 , Work for Company from the age of 30 until the age of 45, Build a Pipeline from the age of 45 upto the age of 60
भगवान ने कहा है कि इच्छाएं ही दुखों का कारण होती हैं। मेरा तो यही मानना है कि जीवन में जितना भी कमाओ लेकिन खर्च सिर्फ जरूरत होने पर ही करो और सेविंग्स करो तभी खुश रहोगे।
Sir im at da age of 33 , housewife ..i left my IT job in 2017 now i jave age gap of 5 yrs tol da daye coz of maternity.i want to pursue my career in MBA HR as a newly fresher while doing online mba , at this age could u plz suggst it will be worth to go for it ..? As i had night shifts in my previous job n i cant continue witb that now. What will be future of MBA in next two yrs? Pleas respond
Sir, i also want to pursue MBA but I have very less score in class 10th 47%, but my btech scores are good 87% as i studied very hard, do I have any chance to get in IIM ? because they consider our acedemics a lot. Please advise what to do if i am not eligible
See I will only tell you true reality most of the mncs don't hire people with less acads in 10th 12th and grad below 60 if you make it to iim in summers and final placements you'll realize I'm not getting shortlisted for any company bcoz of below 60 but there is a way you can get into startups and gain some experience and then switch to corporate as most startups don't have such criteria I told you reality be ready for lot of shortlist rejections if you enter mba
Bhai kuch bhi bolo, maximum case es me Govt job hi best hai. Dekh lia corporate jobs...Even agar sirf ar sirf paise ki bhi bat karein to bhi corporate me 5-10% top level ke logon ko chorke bakion ki salary+ Perks govt walon se kam hi hai . Aur quality of life, work life balance , Leaves etc me bhi govt jobs hi win karti hai. So, Professional degree loo aur uske baad corporate bhi join karo, but uske sath sath UPSC, stae PCS, RBI Grade B, LIC etc etc ensab ki taiari karo wahi best hai.
Can you please tell what are suitable options to do MBA either in online and distance mode for a 10 years of IT professional? I mean to say the name of the institution and the MBA stream. It would be helpful for me, and also by doing such is it possible to switch domain,from IT to finance or HR?
I totally get why you are looking to do the MBA, but frankly doing the distance MBA will not add value to your resume. In fact, doing a full-time MBA from a mediocre college will not add any value either. If you really want to shine, focus on a full-time premium MBA. Also, it is possible to change the domain, but a good offer will be a possibility when you are picked up during the campus placement.
The IIM Guy aap mujhe ye batao .. is IPM programme from IIM Ranchi or IIM Rohtak a good option for career in managerial roles .. if it is then which of the colleges will be better
Bhai, what should an BTech engineer of age 23 do with 1.5 year experience and 85k inhand per month? Should he continue as an engineer or do MBA or Do MS? If study is the way forward when should he do?
At 23 with 1.5 years of experience, the choice depends on your goals. If you enjoy engineering, continue to gain experience. If you prefer management or specialization, consider an MBA or MS. Timing depends on your readiness and goals, but generally, further studies can enhance your career prospects.
Good morning sir Can commerce background students do mba in business analytics and what are the scopes in term of salary. Her we do codings like tech students...which one get good heigh package mba logistics and supply chain management vs business analytics
Job switch krna aur achhe relations rkhna ye to Mai janta hu dekha h apne jija ji ko 10+ years experience 15 k salary ab switch kr ke ke 20 lakh lpa at 30 years of age no cat NMAT snap xat and manegarial position
You have to be smart and avoid the crowd if you want to survive. I do the opposite of what this guy says. I stick to old technologies which nobody wants to downgrade to. There are very few people for the number of roles available. Can make good money as well with very good work life balance.
I would like to know what is the impact if a person grows the corporate ladder quickly and reaches a higher C level position at younger age? Is he in danger?
Sir I am 28 and just started my career in IT. Right now I am working on a project that uses proprietary software that is not used in other companies so I feel that working on this software will not be useful for me in future. I want to shift to a different company now after finishing my bond period but I am not sure how I can get my preferred tech stack and how risky would be to do such a shift at my age. As I am also looking to get settled. As mentioned in the video I did not get time to experiment till 27 years. Please suggest
it's never too late to shift your career path. Focus on building transferable skills, network, and explore opportunities in your preferred tech stack. It might involve a bit of risk, but it can lead to a more fulfilling career. Take calculated steps and plan your transition wisely."
wow this is so insane to just make a reasonable living in today's modern world. India has a serious problem with NOT ENOUGH JOBS for its youth! the govt. doesn't care at all, and youth is competing with experienced older workers who prefer stable jobs instead of job hopping so employers would less likely take a young kid who will jump ship soon. the ministry of employment or whoever the secretary and its dept. are simply do not care about this serious problem.
You've highlighted a critical issue that affects many young people in India and, indeed, in various parts of the world. The job market can be incredibly competitive, and the challenges you mentioned are real.
Age and the absence of an MBA should not determine one's worth or opportunities in the workforce. Many individuals have successful and fulfilling careers well into their 50s and beyond without an MBA
@@theiimguy your message was about investing in an MBA as people management skills was suitable for middle aged men in corporates when compared with dated tech skills that a youth can be suitable for. That's my question...if you don't have an MBA and people management skills and was part of the tech wave in the 90s...does today's corporate culture feel like you are a surplus?
It's an interesting perspective you have there! While it's true that many people are exploring entrepreneurship and small businesses, the corporate world is unlikely to vanish entirely. Both large corporations and small businesses have their roles in the economy.
@@theiimguy I agree with you but bhut jaldi ye sab change ho jana chahiye kyuki corporate life bhut bekar hoti hai logo ke pass apni family ke liye time hi nhi hai eske wajah se divorce rate increase ho rha hai , log office me extra marital affair kar rhe hai, corporate wale faltu ke innovation karte jaa rhe hai jinki actually koi jarurat bhi nhi hai , AI ka faltu use ho rha hai , pollution increase kar rha hai corporate world, stress, anxiety, depression increase ho rha hai , dher sara janvaro jaise kaam karte hai log office me aur kuchh nhii 😂 mental health ka koi khayal nhi hai sab dikhawa hai , I know sabko luxurious life chahiye lekin etna bhi nhi ki sab robot ban jaye ....., roj ek new innovation hota hai roj ek new skill sikho job ke liye 😂😂
@@vedantariclient aur boss ki gali roj suno 😂 , agar tume promotion chaiye boss ki bootlicking karo , kisi aur ki chugli karo yeh sab faltu cheeze jayada hota hai😂 , all thanks to our forefathers making more than 10 kids , population kitna hogaya
What ever MBA or so called Management you do, that may be attractive to your employer but in reality you are a novice, frankly speaking experience can not purchase you have to gain it. I am 57 years old with 12 years in own startup and Sixteen years in stock market.
Its seems you are telling the brutal truth. I need your suggestion sir. I am confused for my career growth. I am working in bangalore. Having 12 years of experience in technical field. I have salary of 1.2 cr including shares . Shall i switch to management or stay in technical role.
Which companies in IT have work life balance ? Please name them. I am seeking a new job. Even if I get a high fi position, I have lost interest due to lack of work life balance.
Talk with people from that field to get a better understanding of the role and job and see if that aligns with your goals. It will help you in taking a more informed decision.
@@theiimguy I thought you were also from IT field since you made this video. You don't have any recommendations. The people I know in the IT field are already on the verge of quitting it.
Unfortunately in India not many managers are technically capable to understand client requirements and issues resource facing technically cuasing lot of effort burnouts. Technical skills are paramount when a person move to managerial role in IT. To conclude i do not agree 100% with your analysis.
While technical skills are important it is also equally important to build on softer skills that will help one deal with a lot of different type of situations throughout their career.
