The Truth about MBA cats & dogs
There are two kinds of
folks who aim to clear the CAT -- the 'MBA nahin
to kuch nahin' and the 'Kuch
nahin to MBA.'
The first category
discovered at an early age that M, B and A spelt the magic and politically
correct answer to the inevitable question: "Beta aap bade hokar kya banna chahte ho?"
The second took the
medicine-engineering route only to be disillusioned with their course of study
or future prospects. No particular pyaar
for management but chalo, paisa to kam se
kam zyaada milega.
The MBA programme -- which
allows graduates from ANY stream to apply -- thus offers one final hope of
personal and professional salvation.
In
Secondly, in case you did
make it through those toughies and find you haven't the faintest interest in
electronics or electrocardiograms, you can at least dream of leaping off the
wrong bus onto the MBA bandwagon. The 'luxury coach' that offers a ride in the
fast lane!
Unfortunately, these
coaches are very few and very hard to get a seat on. And although in theory
ANYONE from any background has an equal chance at making it there, the
statistics paint a different picture.
Check IIM Ahmedabad's Class
of 2006 profile -- 70% engineering grads, 8% commerce, 4% IT, 4% science 4%, 3%
arts, 1% medicine. Incidentally, Ahmedabad has traditionally had a much more
diverse class profile in the IIM fraternity -- the Class of 2004 at IIM-B, C
and L all boasted 78% engineers!
The stats should bust a few
prevailing myths:
Fact #1: Doing a management course at the
undergrad level gives you absolutely no edge. Only 1% of IIM A's 2006 class had
an BBA/BMS background.
Fact #2: Humanities are a bad choice if you
dream of making it to an IIM. Even among the 3% Arts graduates who've made it,
most would be students of Eco -- a quasi-numerical subject.
To put it extremely
bluntly, only exceptional 'ordinary graduates' -- the kind who could probably
have made it to an engineering school but chose not to -- make it to an IIM A.
Many in fact come from colleges like SRCC and St Stephens where the cut-offs
for Honours courses are mercilessly high.
Even among the engineers
who make it, a large percentage are from the creme
de la creme schools -- the IITs, RECs, VJTIs and DCEs. The IIM
Calcutta batch profile in fact lists 'engineering' and 'IITs' as two separate
categories! Together these grads hog close to 80% of the seats at the
Institute.
Why should engineers dominate so
completely in an area which purports to offer entry to any kind of graduate?
According to UGC figures
(as of March 2002),
Now logically one may argue
that those who make it through highly competitive engineering entrance exams
represent the cream of the nation's Class 12 crop. So four years later they are
again more likely to excel when it comes to another competitive exam.
Engineering as a course
enjoys such a halo that all but a small sliver of the intelligent school age
population ends up in that stream by default!
There is another, more
disturbing explanation. Engineers have a huge advantage when it comes to
numerical ability. The vast number of ordinary graduates, especially those who
have not been in touch with mathematics since Class 10, simply cannot cope.
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