I have a MBA in Finance & Mktg, but I found that my engg degree gave me more "basic" knowledge. You don't need to sit in a class room to learn about mgmt,business cycles, labour welfare. You can do a lot more on field.MBA is good only after some job ex, when a person has matured to some extent both professionally and personally. Last but not the least, it's the institute or level of competetion that you have beaten which matters , not MBA. For example who is a better genuis -- some body from IIT or IIM or AIIMS ? or army/navy commandoes ?? This is actually what companies go for when they pay fat pay packets to IIM grads --most of which is variable pay. And this is what has given birth to the MBA myth. Further professional qualifications/training etc can be acquired as your career progresses and according to your needs. Basically you just learn to speak a lot of English and wear a tie at B-school. Growth happens and revenue gets generated when a railway line is laid/goods sold/transactions completed etc etc etc, It certainly doesn't happen when a person delivers a presentation.
Don't say you learn strategy at B schools. You can't learn about labour unrest/safety & environment issues / grass root sales / realities of financial health--the real ins and outs of a business/organization etc sitting in AC offices. And if you don't know that you can't strategise......
Re: Not necessarily .........
by B Subramani on Oct 13, 2009 07:07 AM
Excellent. I fully agree with you Mr.Atif. It is my belief that skilled engineers, scientists, doctors, technicians etc are wasted by this MBA. The society at large is deprived of the skills of budding engineers, scientists, doctors, technicians etc. This so called B-School craze must be brought to an end.
Re: Re: Not necessarily .........
by dhananjay sharma on Oct 13, 2009 10:44 PM
i fully agree with all.. MBA doesn't mean a tool to reach top rung of corporate ladder,it does provide a platform to reach from where u can start ur career.. for me i think preparation for IIT has given me best of aptitude rather than later phase of education. so its all in the whole education right from ur school which makes a perfect manager.
Indians are peer pressured. There are so many who just want to do MBA because others are doing MBA and one cannot fall back in the rat race. There was time some 15 years back when everyone went to engineering.
Wonder whats the next big thing. Will it Politics?? Who knows??
Re: Peer Pressure
by Bhasmasur Rakshas on Oct 12, 2009 08:27 PM
MBA is a career starter in India and today has no value cos almost everyone has it...what matters is the IIM or XLRI or FMS name.....
Re: Peer Pressure
by CG GANG on Oct 12, 2009 01:05 PM
Every commercial job demands an MBA these days. Cant fully blame the generation for the rat race. It just a vicious circle.
A person does not becoeme a scientist because he/SHe has PhD. Many great Scientists did not have PhD[Van der waals, A. Einstein, Satyen Bose, Sir C. V. Raman etc.,].An entreprenauership and Business Administrative abilities are different. MBA can neve produce an entreprenauer. In my view, much is made of administration/business development when I have seen lots of MBAs being duds. Pfizer's failure in Oral insulin is cited as an example. You learn only about "political correctness", "how to fall in line", etc by doing MBA. Nothing much otherwise can be expected.
Re: MBA and PhD
by Jai Hind on Oct 12, 2009 02:54 PM
what an analogy? One failure and you say MBAs are duds. What about the 100s of successes? Were all of them non-MBAs. Atleast if you need to say something say it with proper reasoning and logic.
Re: MBA and PhD
by happy apple on Oct 12, 2009 03:30 PM
On 30 April, 1905, Einstein completed his thesis with Alfred Kleiner, Professor of Experimental Physics, serving as pro-forma advisor. Einstein was awarded a PhD by the University of Zurich. His dissertation was entitled A New Determination of Molecular Dimensions. (Source :Wikipedia)
Anil Ambani passsed out from the best B school in the world-Wharton B school,USA. But it is only what he learnt from his Father has made what he is today and also sustain the position.Anil certainly will accept this.
In todays ccworld of competetion I don't believe that anyone will teach the triccks of the trades to thee students so waste so much of money and time to acquire degree and then keep struggling in real life to undeerstand trade seccrets without them no success possible
