Is Management Education Required for Business?

According to me management education is required. And I agreed that experience is the best teacher but at same time I think that for gaining experience you need time. And if you do anything without knowledge then there are more chances of mistakes. And till you gain experience may be you had already spoiled the work.

I want to give an example, suppose I am an engg and someone give me a product to launch in the market, then how could I do it without knowing who are the target of the product, how can I attract large no of people, how to market it in a efficient way, by which means I can market it? If I want to go with experience than I need lots of time to gain experience first. And may be I made so many mistakes in the process of gaining experience.

So I think if we had educational knowledge we can easily use it in not only our work but also in gaining experience and also can efficiently complete our work without much mistakes.

Yes management students are getting high salaries. But what about their posts? Do they offer C.E.O. post to some passouts of B-school? if not why? i think the topic is necessity of management education for business, whatever salary a person get after b-school how does it affect on running business?

I accept you earn soft skills and some qualities a leader should have but is that enough? is being leader and guiding people enough to run successful business? what about innovations? what about risks? what if you don't have details of company product? what if you don't have detail of company work enviroment? each comapny do not have same work culture. you get all these details which are most important by working with the company. and as far as those soft skills and leadership qualities are concerned i don't think one must go to some B-school to earn them. for those set of skills EXPERIENCE IS THE BEST TEACHER.

Management education is new chapter to grow your professional carrier. As per my Opinion Management Education done only police the candidate's attitude through which he can drive his carrier in right way if he have practical experience. Real Life Teachers & Education is only Experience because, so that some one told that " Experience is the Best Teacher. ", Today Management Schools & University don only business.

But I Also believe in Study because if we have experience & have right attitude then This kind of Courses bring us at right way. Because each and every books & courses are create after someone's Experience Analysis. , in this way we get knowledge which we have never face in life.

Hello, everyone.

To my opinion, management education is not necessary to run a business though it helps in gaining knowledge theoretically. How to effectively utilize the resources and make a profit within a given time. Management quality is something that comes from within. Theory based education only can show someone the direction but how to walk in the thorny path it depends on individual talent and skill. If someone wants to gather knowledge in the field of management then the internet is full of resources. To run a business it needs passion and dedication. More education doesn't do the whole job. So to excel in a business management education is not the most required ingredient.

According to my point of view it is not something you must have for business. Business is 99% practical you can not learn it just by reading. you have to be in touch with real world. you have to know all aspect of particular firm. Unless and until you're not part of the firm/organization you can not run that firm/organization. It really require skills which you can't learn from books and books are not must to learn those.



If management education was required then Dhirubhai Ambani, Ratan Tata, Steve Jobs, Bill gates, Vikram Pandit(C.E.O. Citibank) were working as employee only somewhere and we might not have get giant organizations (which are hiring business persons).

HI,

Today's World what matters is how well you can carry your Business and how you deal with the business scenario.

So it depends from person to person of conducting the business.

Some may require the basic knowledge of the Management, since He/She may not be completely aware of running the show.

But in some cases it is not true, they learn to do or else they manage the business as they grow in their Professional out of experience.

Or they Learn how to manage out of experience.

But to achieve the excellence and to be ahead in the competition one need to go make the proper study of the management, to have a eye-opener towards conducting a Excellence Business.

Management education is not a mandatory thing to run the business successfully. If the person is capable of dealing with the people, knowledge about the business, hard working nature, dedication, leadership skills and passion for achievement can definitely become a successful man. But management degree is an added advantage because when the organization is small things are easy, when the size of the organization increases the functions are more and things became complicated during that case it helps you to take proper decisions, management and for long run survival of the business.

Every person has some talent. One need to find out their talent or quality which inherent.

As far as business is concerned. One can easily manage it even without education. You know if you understand consumer behavior or his demand, than you can easily manage everything. In education students are taught about consumer behavior or their demand. But one who is doing business from a long time. He doesn't need any education.

The simple principal is one should to be learn behavior.

Basic meaning of education means to teach something that is lake or need to be educated.

Hi everyone.

In my opinion, business education is required To become a business manager, it is essential to possess a four-year bachelor's degree in administration, accounting, finance or marketing. If you have a special certification, such as a CPA license, then this can also be beneficial if you apply for a position as a business manager. Companies are now hiring individuals who can also assist with financial operations. You may need to do compliance work for a company to ensure that the company is adhering to the recently passed financial regulations.

Management studies are not necessary to make a business run successfully. A person or group should be self motivated and capable of running a business. But seeing the trend that everyone is running after a higher degree. Its becoming so common to adapt the skills every 3rd person in this world is possessing. For being extraordinary. A person not only needs to complete management studies but remain self motivated and be innovative to use the skills one has learned and apply it in the real world in his own creative way to benefit him and the general people.