ManagementParadise.com : Worlds Leading Management Portal. MBA | Classroom, Boardroom and Beyond


Go Back   ManagementParadise.com Forums - Your MBA Online Degree Program and Management Students Forum for MBA,BMS, MMS, BMM, BBA, students & aspirants. > Management Students Voices ( MBA,BMS,MMS,BMM,BBA) > HOT Debates - The Big Fight

Education and success - Is there a correlation?

Education and success - Is there a correlation?

Discuss Education and success - Is there a correlation? within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; I don't see any correlation b/wn these two.If you are educated means you are nt successful.Take the case of Bill ...

Reply

 

LinkBack Thread Tools Display Modes
Advertisements
Education and success - Is there a correlation?
Old
 (1 (permalink))
Deepak Narayanan
deepakraam has a spectacular aura aboutdeepakraam has a spectacular aura aboutdeepakraam has a spectacular aura about
 
deepakraam
 
Awards Showcase
Status: Offline
Posts: 793
Join Date: May 2006
Education and success - Is there a correlation? - June 2nd, 2008

I don't see any correlation b/wn these two.If you are educated means you are nt successful.Take the case of Bill Gates,Harvard drop-out.There are lots of ppl who are not educated bt they are successful in life.Ofcourse they have all taken a bold step of taking the path less travelled and they must have put their hard work.So I don't see any correlation b/w the 2.Even take the case of Edison,Ramanujam

Do you see any correlation b/wn the 2?

-Deepak.
Advertisements
Friends: (1)
Reply With Quote
The Following User Says Thank You to For This Useful Post:

Re: Education and success - Is there a correlation?
Old
 (2 (permalink))
spark_123
spark_123 is an unknown quantity at this point
 
spark_123
 
Status: Offline
Posts: 4
Join Date: Mar 2008
Re: Education and success - Is there a correlation? - June 3rd, 2008

Education and success are interlinked and to some extent co -related.

Managing a company or starting a new business does requires different skills, knowledge, techinica compentence etc. One may have some or all of this as a natural gift and even without education they can excell in thier field (e.g. MrDhirubhai Ambani). But it does not mean education and success are not corelated, if with the right kind of talent and proper education one would be able to channelise one's potetial and would be able to take better advantage of the natural talent that one has with the help of the knowledge one has gained.

Hence i feel hence what i feel is education and success are interlinked and obviously to some extent corelated
Friends: (0)
Reply With Quote
Re: Education and success - Is there a correlation?
Old
 (3 (permalink))
research
research is an unknown quantity at this point
 
research
 
Status: Offline
Posts: 8
Join Date: Jun 2008
Re: Education and success - Is there a correlation? - June 4th, 2008

hi it is nice. it provides information about the systems
Friends: (0)
Reply With Quote
Re: Education and success - Is there a correlation?
Old
 (4 (permalink))
A G
squareleg is on a distinguished road
 
squareleg
Student of MBA at ST XAVIER INSTITUTE OF EDUCATION
Mumbai, Maharashtra
 
Status: Offline
Posts: 123
Join Date: May 2008
Location: Mumbai, Maharashtra
Re: Education and success - Is there a correlation? - June 4th, 2008

Education and Success, one wil never be able to correlate if one just looks at Money / Wealth Created as a defining parameter.
Education is about broadening the horizons of mind.
C what Dhirubhai had done was actually Skills in manouvering the system. Yes he was extremely successfull at that. But the Reliance behemoth that we see today is largely based on two shoulders of Anil & Mukesh. Now aren't they educated?

Mukesh isnt MBA dropped out of Stanford to join Reliance.
Anil is MBA. From a 60000 Crore empire till Dhirubhai was there (Reliance worth then 60000 Cr). Reliance Industries today is capped at over 300000 Crores. leave alone other Reliance Co's.

Same about Bill Gates, he knew or say was educated about Computers, if not a Graduate and had the vision to see the PC on every desk. Tht credit goes to him.
Friends: (1)
Reply With Quote
Re: Education and success - Is there a correlation?
Old
 (5 (permalink))
Samir Shah
samir_is_here is on a distinguished road
 
samir_is_here
Student of Bachelor of Engineering at ST FRANCIS INSTITUTE OF TECHNOLOGY AND ENGINEERING COLLEGE
Mumbai, Maharashtra
 
Status: Offline
Posts: 11
Join Date: May 2008
Location: Mumbai, Maharashtra
Re: Education and success - Is there a correlation? - June 4th, 2008

Depends on what exactly do you mean by Education. If Education is just a college degree or a graduation certificate, then I dont think that Education and Success has any relation.
I somewhat agree that, for a person to be successful in a particular field he should have a thorough knowledge and should be able to understand the intricacies involved. This knowledge does not essentially come from a College degree.
In this age formal education is too much over-rated.
For a person to be successful he should firstly have a passion for his work. He should have perseverance, hunger for success and a importantly he should be able to constantly innovate himself and his methods of work.

If you check the biography of persons like Bill Gates, Steve Jobs, Dhirubhai Ambani, Einstein, MK Gandhi, take any celebrities like Amitabh bachhan, Amir Khan.....
They all either dont have a formal education or their education is not related with the field of work they are known for. According to me they all are successful in their fields.

I would say there no relation or co-relation whatsoever between formal education and Success.
Friends: (0)
Reply With Quote
Re: Education and success - Is there a correlation?
Old
 (6 (permalink))
Vishuisgod
Vishuisgod is an unknown quantity at this point
 
Vishuisgod
 
Institute: MIMR
Status: Offline
Posts: 6
Join Date: Apr 2008
Re: Education and success - Is there a correlation? - June 5th, 2008

EDUCATION AND SUCCESS R LINKED ! IF U HV EDUCATION AND D PERFECT WAY TO UTILIZE UR EDUCATION DEN SUCCESS HAS TO FOLLOW IT ! ITS LIKE THE TOM N JERRY WHERE JERRY WLD B D EDUCATION AND TOM FOLLOWS JERRY i.e., SUCCESS HAS A HUNGER FOR EDUCATION !!!
Friends: (0)
Reply With Quote
Re: Education and success - Is there a correlation?
Old
 (7 (permalink))
Kartik Raichura
kartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond reputekartik has a reputation beyond repute
 
kartik
Founder & CEO at Management Paradise
Management Paradise Guru
 
Status: Offline
Posts: 4,341
Join Date: Nov 2004
Age: 29
Re: Education and success - Is there a correlation? - June 5th, 2008

Asking the right question(s) leads you to the right answers.

a.) How many people do we know who match the likes of dhirubhai ambani ? A handful !? .. so the sample size to derive any co-relation is close to zilch.

b.) Of the people who studied at the top universities in the world, how many are fairly successful; heading organisations and leading innovations? A huge sample size with a good success ratio

c.) When we say success, what do we imply.. monetary? mental? .... what businesses are we taking into consideration ?

If we can answer these questions, the answer is obvious, education and success are related. But education is not the only factor that can be your ladder to success.


Help Others -> Help Yourself !


Want to work with us and revolutionize management world ? send in a small writeup of what you will do and how with your cv on careers at managementparadise.com


To view links or images in signatures your post count must be 0 or greater. You currently have 0 posts.
Friends: (92)
Reply With Quote
Re: Education and success - Is there a correlation?
Old
 (8 (permalink))
RC1327
RC1327 is an unknown quantity at this point
 
RC1327
 
Status: Offline
Posts: 102
Join Date: Jun 2008
Re: Education and success - Is there a correlation? - June 6th, 2008

firstly for bill gates i think noone nows that he had a perfect score in the management entrance exam.in the first all the names are of exceptional people.
normal mortals like us have to study to get successful.
while i except that intellligence and some inorne skills have to be there still if everybody becomes a ramanujan then who will be there to cherish their effort and what can be called extraordinary.it has to do with genes also
Friends: (0)
Reply With Quote
Re: Education and success - Is there a correlation?
Old
 (9 (permalink))
Samir Shah
samir_is_here is on a distinguished road
 
samir_is_here
Student of Bachelor of Engineering at ST FRANCIS INSTITUTE OF TECHNOLOGY AND ENGINEERING COLLEGE
Mumbai, Maharashtra
 
Status: Offline
Posts: 11
Join Date: May 2008
Location: Mumbai, Maharashtra
Re: Education and success - Is there a correlation? - June 6th, 2008

Quote:
Originally Posted by kartik View Post
Asking the right question(s) leads you to the right answers.

a.) How many people do we know who match the likes of dhirubhai ambani ? A handful !? .. so the sample size to derive any co-relation is close to zilch.

b.) Of the people who studied at the top universities in the world, how many are fairly successful; heading organisations and leading innovations? A huge sample size with a good success ratio
I think that it is other way round

There are thousands of people that are 'World Famous' (not just you and me know them but the whole world knows them) in what they are doing but do not have a graduation degree (or their degree doesn't matter in what they are doing). I am quoting some of the names at the end of this post

And, there are handful of people who are 'well educated' and successful as well.

Quote:
Originally Posted by kartik View Post
c.) When we say success, what do we imply.. monetary? mental? .... what businesses are we taking into consideration ?
Theoretically, Success means 'Profitable Growth' which is higher than the average market growth rate.
That means a successful person should be earning more money than most of the people are earning in his field. And/Or his Goodwill should be higher than the people in his field (his name itself should be a 'Brand') ... preferably in a good way.

If you think that the people who are at good position, in a good company and earning good salary are successful then I think you are aiming really low. This is what is difference between people like us and people like Ambani and bill gates. Their aims are very higher than we can think of.. and this is the main formula for their success. For them even sky is not the limit.

And, regarding your last question, even I have the same question "what businesses are we taking into consideration ?"
If we are talking about all the businesses then everyone will agree that success and education are not related.

If it is in field of sports - Sachin Tendulkar, Kapil dev, Steffi graph, Federer... i can take thousands of name... who cares about their education.. it is just their dedication and passion for what they do have made them successful.

If it is field of entertainment - again i can take thousands of names .. and their education doesnt matter.. but still they are SUCCESSFUL.

if it field of science (pure science) - take any scientist - einstien, edison, ramanujan.... they got their Phds only after their inventions became famous.. and it was not other way round. I dont think they were extraordinary or had some super-natural power that we dont have. Their main quality was perseverance - inspite of thousands of unsuccessful experiments, they still believed in what they were doing... even if world did not believe in them. Again i think this is the most essential ingredient for SUCCESS.
NEVER QUIT.. if you truely believe in yourself.

If it is field of Business - Jamsetji Tata, Dhirubhai Ambani, Bill Gates, Steve Jobs.. I can list many more .. they all were pioneer entrepreneurs.. They had vision.. they only want to be the BEST and nothing less than that. They never cared if they are less educated... but still they always have hunger for knowledge.

i would like to share a video in which Steve job is giving commencement speech at stanford univ graduation ceremony 2005.
He gave mantra for success as 'Stay Hungry, Stay Foolish'.
You got to see it to understand this... very good.. very enlightening speech - YouTube - Steve Jobs Stanford Commencement Speech 2005

After this you can decide, if education and success are related.

Regards,
Samir
Friends: (0)
Reply With Quote
Re: Education and success - Is there a correlation?
Old
A G
squareleg is on a distinguished road
 
squareleg
Student of MBA at ST XAVIER INSTITUTE OF EDUCATION
Mumbai, Maharashtra
 
Status: Offline
Posts: 123
Join Date: May 2008
Location: Mumbai, Maharashtra
Re: Education and success - Is there a correlation? - June 7th, 2008

So much of Dhirubhai in our debate

Remember, Dhirubhai himself always said One of the things he regrets not getting is quality education. See his interviews. He wanted to have quality education.

Unfortunately, what we all for most part of our life think about Big Money and the Degree that will get us there, which has no co-relation.

So, if earlier Doctors, Engineers were the Charm, followed by IT revolution OR Computers, Software and now everyone is talking about MBA. Which will be taken over by somthing else and students will run behind that.

Actually that is the way we are all brought up, and somwhere the fine talents amongst us all die somewhere in the race and rush. And the few who pursue their dreams, make it big time.

And we look upto them how they have all made it. Sacrifice is the word for that. That is what we are not able to do, we are entangled by the comfort zone created by our parents for us.

If 1 read India Today, you'll know how SRK has come up. No, he wasnt poor, but young guy from Delhi, who lost his father, came to Mumbai and in just about a decade ever1 wants a piece of him. One decade coz I think in 1992 was when Deewana released. And by 2002 he was already a big star, and who has grown bigger by the time.

He cud hav spent his life in Delhi, managing his fathers business. But he left that comfort. And once lived at Hema Malinis and later Juhi's house, and has today built a home like a palace in a city where we all want to have a house, however small .
Friends: (1)
Reply With Quote
Reply

Bookmarks

Tags
correlation, education, success

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On


Login
Forgot Password?  New User?
  

» Ads





» Recent Threads

Need help in choosing...
Last post by Vijay Chaudhari
6 Hours Ago 11:36 PM
0 Replies
Are women dominant ( 1 2 3... Last Page)
Last post by Sheeter Shokal
11 Hours Ago 06:18 PM
95 Replies
Why should we select... ( 1 2)
Last post by Sheraz Khan
18 Hours Ago 11:51 AM
12 Replies
Wisdom does not come...
Last post by Sheraz Khan
18 Hours Ago 11:50 AM
4 Replies
Happy Diwali to all...
Last post by Sheraz Khan
18 Hours Ago 11:45 AM
1 Replies
Indians Perform Better...
Last post by Sheraz Khan
18 Hours Ago 11:44 AM
4 Replies
Project on audit of...
Last post by Sheraz Khan
18 Hours Ago 11:42 AM
3 Replies
Do entrepreneurs need an...
Last post by Sheraz Khan
18 Hours Ago 11:40 AM
1 Replies
INTRODUCTION OF...
Last post by Sheraz Khan
18 Hours Ago 11:39 AM
3 Replies
IMPORTANT FINANCE...
Last post by Sheraz Khan
18 Hours Ago 11:36 AM
5 Replies
Future Courses To do...
Last post by Sheraz Khan
18 Hours Ago 11:31 AM
4 Replies
Short Presentation Topics ( 1 2 3... Last Page)
Last post by Alexandra Alfaro
20 Hours Ago 09:13 AM
74 Replies
citibank performance... ( 1 2 3... Last Page)
Last post by Manash Pathak
1 Day Ago 03:10 AM
85 Replies
AMWAY-Creating corporate...
Last post by Anabia Anum
1 Day Ago 02:22 AM
5 Replies
Role Analysis Technique...
Last post by Anabia Anum
1 Day Ago 02:19 AM
5 Replies

» Projects Helpline

Solution manual on...
Last post by Andrew Ken
3 Days Ago 06:35 AM
Stock Marketing TYBMS...
Last post by Rajat Audichya
1 Week Ago 05:42 PM
CRM- Hotel Industry
Last post by Matt Martin
1 Week Ago 10:32 PM
advertising in telecom...
by kpis_02
Last post by Mohit Utmani
1 Week Ago 10:45 AM
ManagementParadise.com is not responsible for the views and opinion of the posters. The posters and only posters shall be liable for any copyright infringement.


Management Paradise
About Us
Press
Jobs
Contact Us
Kartik Raichura
Legal
Terms & Conditions
Privacy Policy
Disclaimer
Copyrights
Help
Zeitgeist
Support
FAQs
Tour
Feedback
Partners
Follow
Copyright © 2004 - 2013 Management Paradise. Site Developed by Available.co.in