Sauman bhakta

2013 passout BE MIT MANIPAL.24 MONTHS WORK EX , Left job in april 16 for mba.Finding difficult to crack the mba exams ,financial family condition becoming worse. Have a edu loan of 4 lac , what should i do ..please guide ,


by Sauman bhakta
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RE: 2013 passout BE MIT MANIPAL.24 MONTHS WORK EX , Left job in april 16 for mba.Finding difficult to crack the mba exams ,financial family condition becoming worse. Have a edu loan of 4 lac , what should i do ..please guide ,

Reena Saxena
Reena Saxena
Verified Career Expert
Founder - ReInventions (Professional Banker, Career & Image Coach
  • Gurgaon

How much have you already invested in MBA? Do you think you can afford to let it go?

Finding exams difficult is perhaps,  due to the stress that you are undergoing. Is it possible to take up a job, and enrol for a part time MBA? How does the economics work?

The loan needs to be repaid on priority, as soon as you start working. Default will have an adverse impact on your CIBIL rating, which affects creditworthiness for further loans that you might need, like HL, VL etc. 

Engage a coach who can help you with life, career and finances.

RE: 2013 passout BE MIT MANIPAL.24 MONTHS WORK EX , Left job in april 16 for mba.Finding difficult to crack the mba exams ,financial family condition becoming worse. Have a edu loan of 4 lac , what should i do ..please guide ,

Dr. Anand Wadadekar, PhD
Dr. Anand Wadadekar, PhD

Dear Aspirant,

You made a mistake of leaving your job and that too when you had financial loan to repay. Why are you so much behind the degree MBA? Do you think and have an impression that doing MBA will give double salary than the current? You are being misinformed or mis guided by someone who has told you to do MBA.

2 years of work experience you already have and you should have continued to work and then opted for MBA part time of distance learning. Work experience is always on the top and not MBA. MBA acts as an icing on the cake and not the actual cake. You considered MBA as a cake and left your job.

Please immediately start hunting for a job based on your 2 years of experience without any further delay. Do MBA after five years of work experience only.

Best wishes

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