Evaluation of ourself before get enrolled for M.B.A.
Most graduates are opting for Management education these days. MBA is the ‘in’ thing today. But, one needs to have a thorough understanding of this stream first. Most graduates are following this as a trend, applying for CAT and other Management entrance exams whether or not they are serious about pursuing it. First, they need to have a clear understanding about the pros and cons of being a good management professional so that they can take a sensible decision.
In this era of cutthroat competition, a graduation degree is considered basic qualification that can give theoretical knowledge but can't prepare one to take on the corporate world. In contrast, an MBA/ PGDM is perceived as something that will open up various employment options at a salary much higher than what a simple graduation degree can fetch. Elaborating on the reasons for immense popularity of a management education, a veteran management faculty says, "A major reason for the increasing number of students opting for an MBA/ PGDM is the hype created by the media that leads every student to believe that anyone who studies management becomes a billionaire overnight. Secondly, the growth of the corporate sector has opened up opportunities. Many of the industries, especially the services industry that has emerged over the last few years, are essentially management driven. Apart from high-paying jobs, this industry offers students an opportunity to rise up the career ladder by virtue of being an emerging sector."
Another reason, he cites, is easy availability of education loans that makes funding one's MBA effortless. Lastly, an MBA degree opens up many international opportunities for students as well." Though the above-mentioned benefits lure students into pursuing management education, students often fail to see the real purpose and hard work required to pursue an MBA. Management students caution aspirants against an attitude of enrolling for an MBA only to get 'additional qualification' while laying emphasis on evaluating one's long-term career goals before taking the plunge.
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