Is an MBA necessary to succeed in life?

You will get success in life or not doesn't depend on whether you have MBA degree or not. It is a journey which can lead to success but there are many roads of success so according to me cannot call it necessity because it is one of the roads of success not only the one.

Getting an education is an important part of success in today's business world. It's competitive out there, and the more educated you are, the better your chances of landing a good job are. That's why getting a Masters of Business Administration (MBA) is so important " education leads to opportunities.

There are only a select few in the world who can drop out of school and go on to make a significant contribution to the world. For the rest of us, education is key. Take a look at three real reasons why an MBA degree is important in the business world.

1. Increase your hiring opportunities. Generally, the more education you have, the better your career opportunities and choices are. A MBA graduate is an extremely valuable asset to an organization. Because of the competition in today's business world, you may actually find that you need a MBA degree to even have a first interview.

In school, MBA students learn different techniques and skills that can help businesses. Some companies plan to hire MBA students, maybe even paying for current employees to go back to school and get a MBA. You know that if a company is willing to pay for employees to get the degree, it's certainly an asset.

2. Get paid more. With a MBA degree in hand, you can actually demand a higher salary. According to a 2007 Corporate Recruiters Survey, employers are willing to pay significantly more for job candidates with an MBA degree. The survey suggests that companies will pay up to 84 percent more. It is hard work to earn a MBA degree and your salary certainly should reflect that.

3. Build your network. One of the really valuable parts of getting a MBA degree is the networking opportunities. When you are studying for a MBA, you are with people from all walks of life, all trying to accomplish the same goal. These are the future leaders in the business world. You can connect with people who may one day lead corporations. These relationships become very valuable for you, as a professional, but also for your future company. The relationships you forge in the MBA classroom will get you into groups and organizations that will certainly benefit your future employer.

Going back to school, for any reason, is always a good idea. Getting a MBA will increase your chances of finding a great job with a solid company.

Hello friends.

I appraise all of you for your nice opinion. Yes MBA is of course enhance our managerial skills. We learn many thing in the MBA program. So to successful handle any organisation or your business this will be really helpful.

Yes we can also not ignore the people who have succeed in their life without MBA.

According to me, MBA is not necessary to get the success in life, Many people are there who haven't done an MBA yet they are successful in life. We can take the example of Dhirubhai ambani and many more who just dropped out from the MBA and yet they are successful in life. It was their vision, passion, hard work and dedication which took them to achieve their goals in life.

But MBA degree gives you a added advantage over others in terms of knowledge, how to handle business situations, how to deal with the clients, how to face the real situations. 2 year of course which includes summer internship, different courses related to finance, marketing, HR, Operations and many more gives you a broad idea about the whole Business and their strategies works.

Every situation has failure and success. As my point of view one who balances success and failure equally then he will be known as MBA student. Those who fails 100 times and got success in 101th time those people knows the value of MBA not but from B-schools within couple of years. As a degree it is Ok but try to use the concepts till your life ends.

Hi Friends,

The person who wants to do MBA should first ask himself a question "Is it a career need or more of an infatuation of being an MBA?" By answering this you can identify whether an MBA is really worth it for you or not. In case if you are not aware of such a basic question then an MBA degree would be fruitless.

Doing an MBA is a challenging task, you need to estimate whether you really need one and are capable of the same.

If you don't know how to manage people and how to manage various work your degree is waste. MBA is teach all about managing all resources.

Thank you for such wonderful and helpful information related to MBA. Choosing a specific domain is the most critical decision in life. Whether a student should opt for MBA or M.Tech or any other professional courses. Many of time students misunderstand themselves and unable to choose the best suitable programs for them and some of goes with their parents. So it's very vital to know the facts of each and every domain whether it is MBA or M.Tech. Once again thank you for providing the wonder or you have enlighten the way for MBA Students. Now at least students have the clear idea for the MBA.

With all due respect to my friends who have stated above that MBA is not necessary to become successful, I just want to ask a question 'if MBA is not useful/necessary, then why all these big or small companies in their job specification ask for an MBA with so many years of work experience'. Why only MBA's are hired for certain positions or you have to work your ass off to get that position.

You either possess or learn skills, yes there are people who have done good without having an MBA degree but how can you forget the achievements of people who have done good after doing their MBA for eg. Ambani Brothers, Ms. Indira Nooyi, Flipkart's Director, Ms. Vinita Bali, Ms. Chanda kochhar and many more.

I only want to say the person having capacity to failure have confidence and knowledge and skill to perform work only can success. MBA also plays important role to generate knowledge, skill and personality development this is all about what I want to say.