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We Don't Need No MBA

We Don't Need No MBA

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Published by sharad_khandelwal_2
No need for M.B.A to achieve a higher position in an organization. It's the will to succeed that matters...
No need for M.B.A to achieve a higher position in an organization. It's the will to succeed that matters...

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Published by: sharad_khandelwal_2 on Sep 05, 2010
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09/05/2010

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'We don't need no MBA', sing these honchos
How crucial is it for a CEO to have an MBA degree? Not much, it seems. We have eight of thetop corporate figures in India lined up here. They have no business degree, yet have made it bigin the business world.The Harvard Business Review published a 'CEOs and MBA' story in January this year. It was based on a study done by three professors from INSEAD, who examined the long-term performance of about 2000 CEOs during their tenures. Though the study found CEOs with MBA performing better than CEOs without MBA, only 14 CEOs out of the Top 50 had an MBAdegree.The highest ranked CEO with the degree was Cisco Systems' John Chambers at No. 4. The other four CEOs with MBA in the top ten included Reliance Industries' Mukesh Ambani (5), eBay'sMeg Whitman (8), and Monsanto's Hugh Grant (10).The best CEO as per that study was Apple co-founder Steve Jobs, who does not have a businessdegree. Other non-MBAs in the top 10 included Amazon.com's Jeff Bezos and Google's EricSchmidt.So, what makes a good CEO?
 
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 She did her schooling in Bishop Cotton Girls School and went to Mount Carmel College,Bangalore. She completed her Bachelor of Science degree in Zoology from Bangalore Universityin 1973.Dr. Kiran Mazumdar-Shaw is the Chairman & Managing Director of Biocon Ltd. A recipient of numerous international awards, Shaw was termed India's Biotech Queen by The Economist andFortune and India's mother of invention by New York Times. She also figured in TimeMagazine's the 100 most influential persons of the world in 2010.
 
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 The co-founder of Infosys Technologies and currently the non-executive Chairman of thecompany has a degree in electrical engineering from the National Institute of Engineering. Hewent on to do his Masters from IIT Kanpur in 1969.Infosys became an international brand during his tenure from 1981 to 2002. His estimated networth is $1.6 billion.

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