This is a discussion on MBA hype and reality within the HOT Debates - The Big Fight forums, part of the Management Students Voices ( MBA,BMS,MMS,BMM,BBA) category; Is in these times the pure academic focus of B schools justified esp when fee are being raised by top ...
Is in these times the pure academic focus of B schools justified esp when fee are being raised by top b schools without an eye on the salaries such a grim scenario would offer to students?
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Re: MBA hype and reality -
November 22nd, 2008
The way I see it, this is the best time for anyone to pursue an MBA degree .. 2 years down the line, the economic conditions will be very different than what they are now and students graduating then will be able to take full advantage of it.
An MBA degree is in vogue during recession and MBA institutes are capitalizing on it.
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At Presently There is a lack of Job Oppurtunities But @ the time u complete u r MBA IN 2 Years u can have Good demand ....but try to do from Good Institutes...
MBA is not just about good placements. MBA changes you as a person. Other thing is that if you are doing MBA from a good institute you will certainly get a job. May be this time is hard to get placement but those who will get placed now will grow easily because now the growth is stopped but when market situation will improve growth of industry will rise significantly and so will the growth of its human resources.
Warm Regards,
Chirag Pahuja
ICFAI Business School, Bangalore
"iF yOu waNt tO SurViVE, YoU NeEd tO HiT tHE BuLLs eYe !!!!"
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^^ True, but did you look at the iim-l (or was it i)'s summer internship scenario this year? some students are still unplaced according to a news paper
I second chirag and felicity on this issue. MBA is once in a life opportunity and if you can have it from a Top-notch institute then your life is made. Economic upturns and downturns are both fleeting. What stays with you is the perspective that you develop as an MBA
I would say both...
Reality because it really teaches you tool/techniques and rules for corporate world... with theories and case studies...
Hype because all that can be learn with experience also but industry won't identify unless you are 'MBA'
what say guys?
But in such a grim scenario, are mba students really getting into the right job they want? or is it that they are taking up any job because of the market conditions??
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