Is Management Education Required for Business?
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50 comments Page 2 of 5.
Suman said:
1 decade ago
In my point of view education, skill, experience is the ingredient to management. They are not compulsory but Successful business person most have these ingredients to be extraordinary. We need to add all these ingredients parallel. For example: We spent around 25 years to get education of business then start working, it takes more than a decade to completely understand the business concept then few more decade to be expert. At that time we will be at retarding age.
So education, skill, experience are equally important and should be taken in parallel.
So education, skill, experience are equally important and should be taken in parallel.
(17)
Sujeetha said:
2 decades ago
I think, that management education is essential. Because of that only the world class company is offerring the high salary to the peoples who have the B-school MBA. They were giving the practical knowledge along with the theoretical knowledge(i.e, the solutions that already taken for a complicated problems).
In IIM the student of MBA is getting maximum 20 lakhs and minimum of 75 thousand. but any other college (local MBA colleges other than a B-school)student's highest salary couldn't touch it.so, it reveals that the mgmt education is most important.
In IIM the student of MBA is getting maximum 20 lakhs and minimum of 75 thousand. but any other college (local MBA colleges other than a B-school)student's highest salary couldn't touch it.so, it reveals that the mgmt education is most important.
(3)
Sreekanth said:
1 decade ago
I agree that many poeple without management education achieves their goals in buisiness. For this one should have skills to analyze the market, take important decisions, manage the workers and should know the rules by govt to run the organization. So in cases of small scale industries financial, operational, marketing, hr can be controlled by an ordinary man. But when it comes to big industries those works gets compilcated and some experts are needed in those areas. Now adays management education makes you stronger in them than an ordinary man.
(18)
Jeeva said:
1 decade ago
Management education is important, because every successful business man in the country should have managed both the product & people in an efficient manner. Some of them had greater skills in management, hence they don't require management studies. But we, those who have quite good skills will take much time to get that kind of knowledge on management. During the study itself, we will be fully prepared for the management of the people & product. It will be saving the time & also improvise our management capability.
(20)
Deepika said:
1 decade ago
Yes, Management education is not an essential ingredient for your business. I do agree that many of the top businessmen don't possess an MBA degree. But not everyone can become such a famous and successful businessman without the proper education in Management. Management education trains you in a way that you can excel in your business without much of a loss. If you try to learn business at the cost of your mistakes you'll probably be spending all your life learning it. MBA is a wise choice !
(28)
Rukhsana banu said:
9 years ago
I think that management education is required or not, both is important because as above said that many famous business persons are not that much educated but through their skills, knowledge, innovative ideas, leadership qualities, confidence and much more they have become a successful business persons accordingly. If people take the management education they will have new techniques, ways of how managing the people. Product and the business with less time consumption and improved capability.
(18)
Shankar negi said:
1 decade ago
Management education is necessary, because management is backbone for a business. Many of you will say if management is necessary then how these people like Dhirubhai Ambani, Ratan Tata, Steve Jobs and Bill gates done successfully his business without any management education then I want to say these people generate idea but for that idea they need management people. In current scenario if you will lookout employees list of any company then you will find-out many from management background.
(54)
Uttam Gulia said:
1 decade ago
Not at all. Management Education is not required for business but inner ability, inner virtues. Dhirubhai Ambani was not a management degree holder. He started his career from the short and on the base of his ability and positive affords he got the bigger, higher and more than he had desired. Even there are other examples which tells the same.
So only having Management education is not enough, you should have inner instinct to get what you desired in business.
Thank you.
So only having Management education is not enough, you should have inner instinct to get what you desired in business.
Thank you.
(13)
Joni said:
2 decades ago
Management education is not necessary for any business. If you have a great experiences in relevant organization,you can grow in your business.Some time happens , many people have MBA degree but its not necessary they can handle a business. Experience learn more things in a life.We can gain benefit of a management education , If we do that education in a good college.
We should have great mind, confident and good knowledge for particular business.
We should have great mind, confident and good knowledge for particular business.
(4)
Sherin said:
2 decades ago
Yes management education is necessary to run business successfully and effectively. management education guide how to acquire this knowledge , manage/execute and provide solution to below mention points. A person with passion but not knowing how to run and manage business is complete failure in long run.
Skill, knowledge and attitude is three essential things require in all department right from security service till CEO of the Company.
Skill, knowledge and attitude is three essential things require in all department right from security service till CEO of the Company.
(4)
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