Videos

Is MBA over-hyped only in INDIA?

There is a demand for MBA all over the world but the value given to (and proportionally the salary) them in India is not over overvalued? I agree the top creamy mangers for all companies are from good b school but the number of such employee in any company is never more than 0.0001 percentages. And In India (same in other countries also) there are many great entrepreneurs (CEO/CMD of their company) with out this 3-letter degree. But why MBAs are given so much value Just think about a company like Google (Definitely the best product & business model the world has ever seen), it never gives any importance to MBAs (just ask your friends who are working their, the salary offered never depend upon degree). I see students from 3rd degree B schools getting salaries much more than BEs/CAs and thus forcing guys with excellent technical knowledge (from good engineering college) to join these worth less institute. I think both the industry and students will suffer because of it and their will be a scarcity of good technical people in all companies in near future.

I think both the industry

I think both the industry and students will suffer because of it and their will be a scarcity of good technical people in all companies in near future.

Don’t worry, if it ever happens then it will not take much time for the process to make an U turn. Nothing is fixed in this world and when demand of any commodity (and thus resource)¯, it only devalues things to the point where each dependent variable comes to an equilibrium.

MBA as a career is not

MBA as a career is not over-hyped. Its correct few news magazines/paper/TV channel occasionally writes/shows stuffs which needlessly glamorizes it but its not totally useless. But some time I do feel the salary offered is just too much for a young fresh MBA graduate in a country like India. Companies got to understand salary cant be a single motivational factor for all employees and with a huge difference of salary between two employees doing same job but because of different degree is very detrimental for the organization. It makes relationship very complex between colleagues and it is very common in IT industry.