Is Management Education Required for Business?

One can also run a business without management education. But if we can do MBA then we can run more properly.

as per my concern..i agree that managemet education is not compelsory but it needed not only run a business..to take the business at high standerds with great achievments..as it is very competative world..the business needs a person who can handle the all abstracles and takes to reach the goals...its like why a good swimmer needed a training and coach ..all bcz tobecome a extraordinary..

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.

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.

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.

Management education is important to run all business with great power and confident. Expereince and Management is like a eyes of a human. Without one eye you can do the work but it will not look complete.Proper education for business helps to avoid the mind divertion in illegal business.

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.

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).

I completely agree with you my friend but what about the people who are the prominent industralist of our country and is educated from the eminent business schools.eg:- Anil Ambani,K.M.Birla and many more.

Management education is not compelsory for running business. Its enough to have knowledge about that business. The most important one is to have experience in working with groups. For the success of an business group discussion is must. hence management education is not necessary.