Why MBA?
A question often asked
from me is ‘Why should one pursue an MBA?’ The answer is not as simple as the
question. MBA has become a sort of necessity for many to be employable. To
arrive at the answer, first read the reasons below:
1. You are always thinking you probably
selected the wrong course for your graduation.
2. You have finished your graduation yet
you lack technical/domain knowledge.
3. You have completed graduation but you
lack confidence on self.
4. You are a graduate yet you can’t
speak fluently in English.
5. You are active on facebook/whatsapp,
any other platform you find yourself tongue tied.
6. Any problem requiring simple analysis
is not only difficult for you but also impossible to solve.
7. You become fearful if someone asks
you any probing question.
8. You know Math but are unable to apply
it in real life situation.
9. You want to do a job but can’t clear
interviews.
10. You
are confused what you should do now as the road seems to have ended.
Should I get an MBA?
In case any of these apply to you and your answers are in the affirmative then you should pursue MBA. In case you want to understand in more detail the analysis of the current situation which results in this reasoning is given below.
Graduation
After meeting and
interacting with hundreds and thousands of students seeking admission in MBA or
otherwise, a thing that got affirmed every time that the graduation, in most
cases than not contributes very little to the students’ knowledge,
communication skill or confidence. Therefore, MBA is more about harnessing
communication skills, enhancing self confidence and inculcating business sense
thus making them employable.
On the Job Training
There was a time when
companies had the resources and the will to train new entrants. They would
invest in at least 3-6 months of training on the job. Trainee, trainee engineer
and management trainee were popular terms. Not now, companies want the
employees to be work ready and start performing and delivering on joining. In
this scenario, companies neither have time nor the resources to devote towards
training process of new entrants.
In a way, it made
sense earlier, because job loyalty was a virtue which was rewarded and
appreciated. Employees too were not only comfortable but also happy working for
the organization for at least 4-5 years, if not more, before looking for a
change. So, companies were well compensated for their investment in employee
training with the employee delivering over a longer span of time. However, now companies are always on the
lookout for fresh talent and new ideas that the new employees bring in.
Similarly, employees too start seeking a change or better opportunity after 2-3
years. This being the case, investment in training the fresh entrants does not
remain viable. Hence, the expectation from an employee is to start delivering
immediately on joining the organization.
Aspirations
About 15-20 years back
the expectations of fresh graduates and post graduates were grounded. The
purpose was to secure a job first and then seek higher compensation over time
commensurate with enhancement of skills and competence. What I see now is that
there is a mismatch between acquired skills and expected compensation probably
reflecting the difference in average maintenance cost of a graduate 15-20 years
back and now. In the world replete with mobile phone, laptop, tab, internet
access on phone and computer, Mc Donald and the likes, Multiplexes, amusement
parks etc the pocket needs to be deeper for what is considered basic
sustenance. In order to justify such a package the skills expected by Industry
is inconsistent with the skills possessed.
Mass Production of Education
Mass production in any
other industry does not in any way mean dilution of quality. Unfortunately, in Higher
Education sector in India, mass availability of higher education through Public
private partnership (PPP) has lead to dilution of quality of education. If an
Electronics engineer cannot explain the difference between an electronic and
electrical device, it leaves much to be said. Similarly, if software engineer
cannot name top 4-5 Indian IT companies, you wonder the objective with which he
set out pursue the course. Off course, there can be many such examples from
other disciplines as well. This indicates that such a student himself is not
confident of the course he pursued and lacks the technical/domain knowledge to
be employable. The all embracing MBA comes to rescue as the course of last
resort.
What used to be a course
pursued by persons with a few years of experience to enable them to grasp and
apply the complexities of business and seek superior role and business profile
has actually become a course which is being pursed to become employable. For
these reasons, jobs earlier being offered and taken by graduates are now being
offered and taken by MBA graduates.
Given that business
administration is the most appropriate education for any business, the bottom
line is that MBA qualification or knowledge of the traits of business
administration is and will always be in demand by any organization dealing with
any kind business. All you need to be is focused and pragmatic and a good
career awaits you.
Management Education, MBA, PGDM
Incoming Search Terms :
Management Education, MBA, PGDM
There are multiple question lies in our life which is given in question itself. I personally feel this problem after completing my graduation. Which is lack of confidence. I believe that confidence and right attitude comes out after MBA. Thank for write this article.
ReplyDeleteAnil Chauhan 20/05/2015
ReplyDeleteFirst question is “what is MBA?” MBA means master of business administration but according me mastery of business administration. Then your first question is “what is mastery?”
Mastery- mastery means skilled, proficient, handling task and activity and all aspect of a particular area or domain. Then your next question is “what is business”?
In business give somethings to customer and finally make a profit/An organization or economic system where goods and services are exchanged for one another or for money. Then your third question is “what is administration?” Administration means management. Then you will think “what is management?” I want to tell you management is getting things done with/ through people and guide the people. MBA is a professional degree. MBA is very popular course. It is a worldwide course and it is a master degree. First time MBA start United States. The MBA degree originated in the United States in the late 19th century the country industrialized and companies sought scientific approaches to management. MBA cover various areas in business such as accounting, finance, marketing, human resources and operations in a manner most relevant to management analysis and strategy. MBA is two years program. Many collages provide part time and full time classes between this years. When any student qualified MBA then he is fulfill by confident and skill. He has a lot of idea of management. He always is looking professional. His mind becomes a logical mind.
I believe the above words. I think its 100% right .Anybody wants to success in their life .They must follow above sentences. If anybody wants to join MBA they should have that qualities .Now a days MBA is best course .
ReplyDelete
ReplyDeleteWhy MBA,it is very important to know a few things. Often people do wrong is subject undergraduate. After graduation have not confidence himself. He cannot speak English fluently. He knowing mathematic but he cannot apply to real life. In interview he cannot give satisfactory answer.
In MBA they have developed the ability to speak and communication skills. They have confidence himself. In MBA we have to learn how trade corporate. Comparing MBA to other educations we found that MBA is employable education, we are aware about the business. So MBA we stand on every platform worthy causes. It is accepted in all organizations and businesses. It is necessary for getting a good corporate career.MBA filled people with management, knowledge and confidence. If you want good future then MBA is good Choice for you.
Absolutely, when comes time after graduation of selection of the right course according own Ability, situation, interested and perfection of the subject knowledge then sometimes students failed in it who shouldn’t happened with students which issues students have failure in life instead of able to success.
ReplyDeleteTherefore students should always identify own ability, courage, perfection, maturity and most important is interested.
Why MBA?
It’s an interested and higher level professional course and I want to suggest to everyone who has completed graduation in commerce, MBA is the best for them but it may best for them who are in any streams, Doesn’t matter but matter is only work hard.
No any things in the world which can get without hard work, so if you can do hard work and be effort little then MBA will be best option for you to make a career with professional life image.
Yes, it is true that this question is always raised, what to do after graduation? Currently I also pursuing PGDM, and after graduation this question create a problem for me also, then at that time I talk to myself and see my own capability according to that I choose my carrier path PGDM I feel through this course I improved in many more things like communication, confidence, attitude etc. And it is also good for carrier path.
ReplyDeleteMBA is good for many things, if I see today’s world demand is for “More”, through this we can fulfill that demand. And it is also depend upon your interest, if your interest in manage the things and if you have capability to do then choose carrier in MBA.
ReplyDeleteThere are multiple question arise after graduation in our life how to build our career and which course is suitable for my skill .As an MBA student, we have great networking opportunities to choose an MBA because they want to become entrepreneurs and learn how to run a successful business. And we learn an idea and a big dream and we want to know how to turn them into reality. MBA programmers will help you acquire the knowledge and business practices that are needed to start a new business or help an existing business grow and develop. Deciding to study an MBA is a big decision to take for aspiring global managers. And MBA also provide better career opportunity for many areas MBA programme.there are multiple areas and business sectors as well as the public sector .
Yes,It is right. the very confusing state after graduation. also In my life that stage had came that time i was very confused .what should to do. there are many corsage available but i have selected MBA, MBA is a more suitable for career path and as a MBA student i have more opportunity to learn every thing i have developed my skills, communication analyzing power, positive attitude for life.MBA will help you the skill, knowledge and business practices that are needed to start a new business or what happening around the world businesses.it is opportunity to anyone.
ReplyDeleteYes, above statement is relevant and i appreciate it but, as it is a crucial decision that one take for next 2 year which ultimately decides the next 40 years of life,so it should be well planned and being taken with full calm of mind.Although MBA/PGDM is fastrack course that makes an individual ready for the industry.But being in the course of action of while pursuing Management course faculty should be supportive as it being feel sometime that students are being suppressed by unexpected and unorganized decision which lower their enthusiasm and confidence.However being specialized
ReplyDeletein specific domain enhances one's quality of performance as MBA makes an individual dynamic for every domain. It should be well versed and being focused on developing skills not on just passing the exams and submitting assignments which is no use for competitive world.
I totally agree with you Mam, This blog helps us to know what is the importance of MBA and Why we choose MBA after graduation. Nowadays, its demand more because it is a good source to make a person employable and its also a good start for our career towards corporate world.
ReplyDeleteKindly share these types of Blogs it helps us, and i am waiting to read your next blog.
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ReplyDeleteI completely agree with you, because samething happend to me after my graduation i have faced many confusions.I am an arts student the management field is the best way for me to represent my self i cleared one of my confusion ,but i am still afraid of how to represent myself and about my communication skills. management career is quietly based on communication . The best way to clear all my confusions is choosing best college for my M.B.A and work hard to see myself as manager after after getting an experience of 4-5years . This post helped me to clear all my confusions regarding my career ... i will be looking forward for more posts.
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ReplyDeleteI totally agree with you,because it happened with me also after my graduation i faced it personally,on that time i was very confused with my Post Graduation due to lack of confidence, and i also not sure to take admission which is suitable for my carrier. In which field i take admission. This post help me a lot to remove my confusion regarding my carrier.
ReplyDelete20 June 2017 at 11:02
I Do Agree with you madam, MBA (Masters in Business Administration) is not only preferred to management graduates,besides it is also most likely preferred to other graduates science and as well who are mostly aspirant to start their carrer in management.MBA is completely practical,Besides at best we get oppourtunities to do internship where we can enchance our skills and knowledge.we also see a great improvement in our communication skills after pursuing MBA.Iam really enjoying pursuing MBA.Thank you madam for your finest post which would be very helpfull to lots of MBA students.Keep posting good stuff like this.
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