GGI Fellow REJECTS offer from the world's best management consulting firm(Bain) Consulting Stories..

There are many 20 years old who trust GGI and lookup for our advice. So this letter is for that 20-year-old who is crumbling under the stress and strain of upskilling, #mba, #upsc preparation, and endless courses being offered online.

There can be few who might take offense to our views - and rightfully so. You have invested a lot of money, emotions, and time in pursuing certain degrees. But in true honesty, we don’t think many of these degrees are relevant. I’m sorry, but those are our views. We'd be happy to be proved wrong.

1. First thing first- Is an MBA degree worth it?

A. If you are admitted at Wharton, Harvard (or Indian Equivalents) - it is worth the investment.

At Harvard, you might cumulatively pay around 1-2 crores. At ISB - it may range around 30-40 Lakh. And it is worth it.

B. But if you are paying a similar amount for a degree from newly formed MBA schools in Gurgaon, or random European Schools just because they have a campus - it can be really hard to justify your choices.

C. Many B-Schools are money minting machines in the name of the physical campus. It is not their fault as well since that has been the conventional method of teaching and campus can have its own value. Moreover, the government requires them to build it so that they can confer degrees.

So if you are not able to get into the Harvard/Stanfords/ISB and their counterparts across the globe- we would advise you to work hard on your #GMAT, Profile, and experiences before settling in for a random business school.

2. Do we confer degrees at GGI?

A. We will never confer degrees at GGI. It is against our mission.

B. However, we have a strong alumni network - and to our knowledge, it is one of the kindest and most purposeful networks. Many in this network have helped each other out during the highs and lows. They have helped each other crack interviews, give referrals, and many have joined hands to launch startups.

Many GGIians who desire the formal recognition - end up attending INSEAD, Wharton, Tuck, ISBs. And they perform really well in their endeavors.

C. In fact, we are partnering with ISB for their work in administrative reforms, we have also partnered with Fletcher School of Law and Diplomacy for their excellent program in International Affairs.

We collaborate with these universities because their mission aligns with ours, and also we trust that these brands will add real value.

However, our goal at GGI will always be to make sure GGIians get access to similar job roles that they would get after their Harvard MBA. We are able to accomplish this at a mini scale in Management Consulting, Public Policy, and Product Management. We are also trying to explore associations for Impact Investing and Venture Capital roles- as we grow in the journey.


3. Tall claims about our employment partners and salaries offered -


The highest package from GGI was 29 Lakh by two employers (by an investment firm and leading startup) and the average currently hovers around 17 Lakh.

Having said this, we don’t promote placement culture - it intermingles with learning, and ruins the beauty of education centered around curiosity. But that’s the truth, and I will be happy to share more details. We are curating a placement report - and will publish details there as well.

The important point however is that we don’t want GGI to be associated with these ‘packages’. GGIians support each other, stay curious, research, work hard, and some of them go beyond GGI to upskill themselves.

4. Would you be recruited by BCG/McKinsey/World Bank after GGI?

Absolutely not.

Even at ISB, Tuck, and Insead- not everyone who enrolls joins Top Consulting Firms. At GGI, we can’t promise you these jobs, will never promise, nor we have ever promised these jobs. We can, however, promise - to work along with you to nurture a life-transforming experience of learning, growth, and a kind community.

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We will always have the 1 week - no questions asked refund policy. We will always allow flexibility, and deferrals will always focus on improving our curriculum, Harvard style case method learning approach and will always ensure that whosoever is associated with us or has trusted us will grow and thrive- not just during their GGI journey but in life.

We have many things lined up for our alumni - as we scale.

GGI is a long-term mission for us for the coming 10 years and beyond. However, in the next quarter, the goal is to work extra hard to nurture an international community, build a kind-hearted support system, advance our curriculum, and forge partnerships that GGIians Love us for! (and not merely like)

We are thankful to all the Scholars, Fellows, Partners, Collaborators, Advisors, and well-wishers for their trust and support.

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