Should I Invest in an Online Program With No Job Placement Assistance?

Ans: Hello,

I can understand your career aspirations and the dilemma you're facing regarding further education to advance your career. Pursuing an EMBA, such as the PGPPRO program at ISB, can indeed provide you with valuable knowledge and skills that are relevant to your goal of becoming a CFO and eventually leading a company as a CEO.

The program's physical sessions can offer you a networking opportunity, brand recognition, and an alumni status that can potentially open doors for strategic roles and M&A consulting engagements. However, it's important to consider certain factors before making a decision.

Firstly, since the program doesn't provide job assistance or placement programs, you'll need to rely on your existing network and professional experience to leverage the benefits of the program. It's crucial to evaluate whether you have the necessary connections and opportunities to capitalize on the program's advantages.

Secondly, the cost of the program, at 36 lakhs, is a significant investment. You should carefully assess your financial situation and consider whether the potential benefits and opportunities outweigh the financial burden. It may be helpful to research alternative options, such as other reputable EMBA programs with similar objectives, which may have a more favorable cost structure or provide job assistance.

Lastly, reflect on your long-term career goals and whether obtaining an EMBA aligns with your overall plan. Consider if the knowledge and skills gained from the program will substantially enhance your prospects for attaining the CFO and CEO roles you aspire to, or if there are alternative paths to achieve these goals.

It would be wise to consult with professionals who have pursued similar paths, such as experienced CFOs or executives, to gain their insights and perspectives. They can provide valuable guidance based on their own experiences and help you make an informed decision.

Overall, while the PGPPRO program at ISB can potentially provide you with valuable benefits and opportunities, it's essential to carefully weigh the cost, the lack of job assistance, and the alignment with your long-term career goals before making a final decision.

Regards,
Abhishek Shah

Ans: I understand your concerns about unforeseen expenses like marriage, education, and travel. It's crucial to have an emergency fund separate from regular savings. He should build a reserve covering 6-12 months' expenses. Additionally, factor in yearly increments and incentives to adjust his financial plan as needed. This way, he’ll be better prepared for unexpected costs while staying on track with the goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

Ans: The course will not provide you placements. You will have to look out for a job on your own. Can do the course if a degree is required for promotion in your job. Can look for 1 year full time course of PGPMAX from ISB that requires 15+ years work ex. Expensive but may provide you with good placements.