1. MBA admission has no quality control. Even borderline retarded people can get into a business school, if they spend some extra hours studying. Most B &C grade institutes will admit anyone who pay and have minimum marks, even if they can't write a proper sentence or communicate effectively, forget management and leadership skills.
2. MBA education is nothing difficult. Anyone with minimum common sense can pass the exams. Quite unlike a CA or even an engineering degree.
3. Leadership and management skills can't be taught. So is business sense. Even IIMs don't do anythign extra ordinary, it is all about the quality of students you admit.
4. You don't need an MBA for a salesman's job. Anybody with some communication skills can do.
Naturally, most MBAs are only good enough to work in well established companies managing teams that do routine work. 99% of them are not capable of leading a start up, forget about entrepreneurship.
Re: Few Facts
by Krishna on Oct 19, 2012 01:22 AM
With all due respect, I think you are way off... 1. Neither does any other stream, be it engineering, bsc or mca, if you consider B&C grade 2. I'm suprised how you arrived at such conclusion. I did not find any difference between my engineering and MBA education. 3. Leadership and Management skills cannot be thought is a big assumption. Partly true if you are talking about soft skills but hard skills can still be learnt. I disagree with the assumption that IIM students are of good quality, especially in terms of leadership and management. 5. I can only say DUMBBBB. I'm not sure how one can equate MBA with sales. Its like equating Engineering with building houses.
In simple words it is experience vs theory. Most of the MBAs specially from B OR C Schools have bookish knowledge with little exposure to practical side. Any way, the subject is debatable. There are a few fundamentals which applies any where any time. Customer Satisfaction is prime to business growth. Good Employees are pillars of any organization. Quality must not be compromised even if it calls for marginal hike in costing. Every organization must do the S.W.O.T. Analysis from time to time. Flexibility and openness are key mantras to success of any organization. All the above qualities are acquired form experience over a period of time. An MBA without practical exposure will not understand so quickly. Patience, perseverance and farsightedness in business are prerequisites for success of any business. What an MBA learns in theory are tools or means to help him improve the business, but with the fundamentals mentioned above.
Very nice analysis. The sum and substances if that Human Relation has given way to numbers/greed and that is the reality of today. Most business entities seem to be working in this fashion. Ofcourse, this post will hurt the feelings of a lot of MBAs.
Mr. writer i guess you don't understand what the MBA is.All these people who are hiring MBA is not fool.i can write a lot but i am very sure that u will be unable to understand that also. in simple word: just like mechanical engineer doesn't means he will be able to repair bikes, electronic engineer TV, similarly MBA guy doesn't means cost saving. There is one term called core strength which is very well taught in all MBA courses. This article is complete scrap.
Re: MBA is not about what you have explained ?
by Ganesh Johnson on Oct 02, 2012 01:36 PM
Ha Ha. Sushil Verma, how much money did you spend in getting yourself a dud MBA degree? And let me guess, probably from a 3rd rate college - probably Arindam Chaudhuri's IIPM!
The article is bang on. "Airtile" is Airtel, and it is going down the tubes. When Mittal was running the show himself, the company paid attention to the customer. After he thought he should focus on "bigger" things, he brought in number crunching MBAs, to whom customers were nothing but a cell on the spreadsheet. After all the money spent onidiotic TV advertisements, all Airtel has to show for it is dwindling profits, increased debt and a bunch of MBAs who have given nothing but grief to Sunil Mittal!
Re: Re: MBA is not about what you have explained ?
by bala krishnan on Jan 31, 2015 08:50 AM
true, there is hardly any innovation with AIRTEL or for that matter any telecom company. They just want to extract more money from the customers without any value addition. Worldwide broadband rates have come down, but in India it is very high. Unless the government make the basic services affordable to all, Prosperity of India will be a question mark.
The story apparently stuffed in the mouth of MBA seems to be story of West Delhi Restaurant owners who do no not understand what is the meaning of service and earn millions by adopting the model prescribed in the story by chance by luck... at the expense of our health and pockets.
Our latitude of imagination is bounded by our illiteracy.
