31 January 2014

MBA aspirant or soldier on a war field

As mentioned in the previous article having a master’s degree is really important in today’s scenario and if you want an MBA degree you have to work for it. Getting into any B school is easy but if you dream of getting into the top B schools you better roll up your sleeves. For getting into a good institute you will first have to beat other students in entrance exams like CAT, XAT, MAT, CMAT, NMAT etc.  Even if you succeed in scoring really well your battle is not over yet. It has just begun. One of the major decisions a management degree aspirant has to make is the college or course he or she wants to pursue. The problem is all the more acute thanks to the multiple degrees on offer – MMS, MBA, PGDM, PGDBM, PGPM, PGDIM, etc. In most cases, there are not sufficient differentiators among the various courses on offer. Since complete information is not available, students have to make assumptions and take potentially risky decisions based on these assumptions. Depending on the course which you select you will have to go through a selection process which will include their internal test, group discussion, personal interview etc depending on the institute. After doing all this and getting selected what is it that we get in return? In India there are more than 3000 MBA institutes but not many provide either an average package equivalent to half of their MBA cost or even 100% placements. So which institute you select has a great impact on what outcome you will gain after completing those two years. After knowing all this, in my opinion getting into the top institutes is like fighting a war. You never know what may happen.