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Why Should You Do MBA

Why Should You Do MBA

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03/18/2014

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Why should you do an MBA?
Advanc'edge MBA / April 2003
It is crucial on two counts:

1. If you do qualify for a course and find yourself a complete misfit for the curriculum it would mean you are actually not cut out for the management cadre in the corporate world. So you are likely to saddle yourself with a career that makes you unhappy.

2. An MBA course is an investment both in terms of time
and money hence wasting it is an offence.
Moving on, let\u2019s look at a few caricatures wherein an MBA
degree can be handy:
4The Anointed Heir who wants to hold the keys to

his/her kingdom. This guy is someone like an industrialist\u2019s son, who will have to take over the running of an existing corporate empire.

4The Shop Floor Enthusiast who wants to sit in the

gilded corporate office This guy is typically someone who has devoted many years on the shop floor (it could also be in a lab..or in sales..or in data collection), mostly a technical person who executes rather than strategises. This guy now wants to be a part of the strategic team.

4The Intrepid Entrepreneur who wants to create an

empire. This guy is someone who is all set to start his or her own business and wants to know the tools of how to do so.

4The Power Seeker who wants to crack the
management ceiling he/she has hit because of a lack

of an MBA degree. This person is typically someone who is a part of management

but
sees

many promotions pass by him/ her due to a perceived lack of managerial

perspective. Most of the top management believe that a person with a management degree has managerial perspective.

4The Money Player who would like to

increase his/her pay packet. An MBA degree immediately increases your market value. If a postgraduate in

This is an invariable question in any MBA entrance-interview. Getting this answer
pat right is critically important because it shows how clear you are about your
expectations from the course. It is imperative that you answer this question to

yourself before you rush to fill up forms to various MBA colleges.

economics is offered say Rs. 7000 per month as a starting salary, an MBA graduate is typically offered at least Rs. 10000 to 12000 per month.

4The Reluctant Graduate who believes that he/she

has learnt nothing at all that can get him/her a job. The non-professional graduate courses available today are not perceived to have any marketable value by the corporate world. These therefore need to be augmented to make the graduate \u2018market worthy\u2019.

The underlying advantage in all the six caricatures is that an MBA degree immediately flags you off as someone who can be trained to take up positions of authority.

Apart from the positive boost that a person\u2019s career gets, an MBA degree also offers three side benefits. Some may argue that these are the main benefits ..

1.An MBA course is a hothouse where you are pushed
to deliver. You are introduced to fierce competition.

The conditions work on you in such a way that either you breakdown and leave the course half way or you end up becoming a tough professional.

2.An MBA programme exposes you to a very wide area
of experience in terms of subjects and people.You

get exposed to varied subjects like macroeconomics, consumer behaviour, psychology, marketing, cultural heritage, communication theory, operations research, quantitative techniques, finance, HR, etc. Most programmes cover over 30 subjects! Apart from

exposure to subjects, you meet people from various backgrounds and places. This really broadens your outlook!

3. And last but not the least, an MBA course brings together impressionable young men and women and you may just catch your soul mate while slogging over case studies!

- Jaya Deshmukh
Visiting Faculty, IMDR and SIMS
(Pune)
Ex A ssociate Brand M anager,
A T&T Corp. A sia Pacific
M BArk
Read on...................................
April 2004
Advanc'edgeM B A
: MBArk :
Read on...................................
What does MBA have to offer you?

High pay packages, lavish lifestyles, senior positions in organisations etc are some of the common reasons why people choose MBA as a career option. But if we were to give it a deeper thought, we would wonder, is this the real reason why MBA as a career option is so popular. There is definitely no denial in the above-mentioned factors but well, to base your decisions with only these objectives in mind, would seem a highly blinkered attitude, don\u2019t you agree?

According to Maslow\u2019s hierarchy of needs, self- actualisation comes above social needs (don\u2019t bother if you don\u2019t know Maslow\u2019s law, you shall soon learn about it in your MBA!) So in order to make this decision of a lifetime, you should be much more informed about the pros and cons (if any) of selecting MBA as a career option. This write-up, elucidating

how I made this decision of my life, is my attempt to
help you do just that\u2026

In the third year of my engineering, I had started thinking seriously about the kind of career I wanted for myself. The first step I took was honestly analysing

M BArk
WhyM BA?
- Dhiraj M alhotra

my strengths and weaknesses and most importantly my interests. I realised that I always appreciated a 3- dimensional object more than scaled single or double- dimensioned objects. I realised at that time that I was a person inclined to research but still enjoyed visualisation and understanding the BIG picture of the task at hand. I would adopt a modular approach in handling the task at hand and drill down and zoom in on every related aspect in the context. I was not comfortable starting with something that I came across and complete it the way it is expected to be without thinking on the why\u2019s and how\u2019s and if\u2019s of the subject under focus. Hence I concluded that I needed integrating skills in my personality as well as in the work I do. Being an engineer it was easy to find options where I could get involved in the technical aspect of the project without worrying much about the other issues. But this as I just mentioned would not satisfy me. Hence I looked at other options available and came across the concept of MBA.

I made a well thought-out, well-reasoned decision of doing an MBA and have since then never looked back. I enjoy the job I do presently and have had all

As you stand at one of the most critical crossroads of your life, there would be a million questions in your mind. During the last few years of your student life, you would have looked at a number of career options and tried to gauge what it is that you would like to become. Eventually, what is the kind of work that you want to do for the rest of your life? While most of you, by now, would have an idea about your dream job, some of the more focused among you would also have an idea about your dream companies. Some professional qualified folks would have by now figured whether to continue in your technical field or take off on a management career. As you are all set to become serious about your careers, lets talk about MBA as a career option, if it is what you want to do in life.

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