MBA in India is highly Over-rated

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67 comments Page 1 of 7.

Mohit said:   1 decade ago
Yes I really think that MBA's are overrated in India as in today's scenario we can see that field of MBA is attracting most of the youth irrespective of their capabilities to perform like an MBA. This may be due to the reason that this course offers opportunities to meet different people and secondly most important that it offers high packages. We see MBA's not only from commerce background but from science, arts too.

They don't know the real role of MBA. India being a developing economy, with huge market potential and career opportunities booming, there is definitely high demand for MBA graduates, but MBA is not for everybody. Moreover adding to it if someone wants to do job in Indian economy, he should prefer MBA from top 20 institutes in India or from Abroad as most of the business tycoons like Anil Ambani, Rattan Tata, and our prime minister Dr. Manmohan Singh, all got their studies from abroad.

These private small Indian institutes are all money minded. They don't try to polish your abilities, your talents, moreover they don't have any good infrastructure. All they want is to fill their pockets and run their institutes. In my opinion we need both management education and also the practical things for business, because we get the knowledge from both as these need for great success in business. At the end note, I want to say that a person should know that MBA means Master of Business Administration and should work accordingly.
(20)

Rajesh kumar verma said:   1 decade ago
My dear friends, don't argue. Studying is in your hands and experience too is in your hands. Achieve. While studying you are already having experience, if you are studying not. I think you understand, what I want to say. Take your life seriously. Your life is in your hand, make it or break it. Doesnot matter from where and which school you are studying, what really makes difference is you. Believe in self. You can do anything you want to.

For MBA I will say. It is now dream of everyone to do mba. Since mba gives you something but not my dear, not everything. It is not the problem of ourselves but of the environment around us, we are all fed of what is happening in our place. My country India. The peoples do mba and want to go foreign countries to earn money. No one is ever thinking of our country. If all are going work to the upliftment of our country, evrything will be solved within 20 years. We are still struggling,

Do you know the country next to us, china is increasing globally and economically. Do you know the reason, technically also they are strong, have highest population. Highest and biggest infrastructures build there.

They are growing but we are not.

If you can find answer for this, you will find an answer for yourself too.
(20)

Bharat said:   1 decade ago
Now whenever I m seeing surrounding I'm seeing only two one is MBA other is engineers. This two things are very overrated like a hell. & this happening because earlier 5 years back people in India more we're enthusiastic doing engineering because all of us were thinking that engineers have more scope & more money into it.

As time passed automatically quantity started getting increase & because of that more who are not liable for it has got into as failure because not getting good salary, no more scope in job environment. After that not getting in their they started taking ride of MBA boat where most got hallucinated thinking this will give more job prospects & better job life but things won't end here.

People in India are major problem we follow what others are doing we are not seeing what is important to us & what is not, in which thinks we are perfect & which are not. MBA is a good platform no doubt in it it can be good when someone is learning management skills, engrossing more into management subject, improvising their own skills. Rather than focusing on placement & more giving emphasis on money. Eventually person who has a talent & is intelligent is one who is able to break the code of success.
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Dipanshu said:   1 decade ago
I think it depends on the students that what kind of job prospects they have for their future. If they want to do the job accordingly in Indian economy and domestic management so there a bunch of prestigious colleges in our country.

But if somebody has a different job prospects and he wants to keep pace with the GLOBAL ECONOMY and work with the fastest growing culture so my recommendation is for UK and USA. These countries have a lot of esteemed university which gives you a complete GLOBAL personality that the market demands and you may design your career as CEO or CMD of any bluechip company in around the world.

All the reputed chairmans or a business tykon of our nation have got their higher education from abroad like.

1) ANIL AMBANI (MBA in Wharton School at University of Pennsylvania, USA. ).

2) ANAND MAHINDRA (MBA degree from the Harvard Business School, Boston, Massachusetts).

3) RATAN TATA (Harvard Business School in 1975).

And the foremost person is the prime minister of India.

*) DR. MANMOHAN SINGH has also got their education from at St John's College, Cambridge, 1955 and 1957.

So again I repeat my words that it's all depend on students how do they want to design their career.
(16)

Niranjan said:   1 decade ago
Yes MBA is overrated, but overrated because of whom? The money minded universities? No, it's solely and wholly because of the money minded students and future employees. Even my own friends are seeking an admission into the prestigious IIMs in India with their deadly preparations for the CAT. So when I ask them the motive, all they have to say is, "High package, I can own my own helicopter (a fantasy as of now, and in a lighter vein though) , and most importantly my hourly salary in dollars. Goldman sachs my dream company".

Do you see the shallow depth of knowledge they possess about what is MBA actually? And when you ask them why they prefer MBA, they seek asylum by saying "I don't like to sit in front of a computer and spoil my life all day", as if being an MBA graduate allows you to sleep a good 9 hours a day.

So I request all our job seekers to look for other factors like transportation, working environment, time you can spend with your family and friends, journey length and time etc when you think of a "dream" job. Let our dreams not be constrained to only money. As a famous quote says, "Money cannot buy everything" :).

All the best everyone !
(107)

Vikas said:   1 decade ago
I agree with @Vishu. People want to do MBA just because of the attractive package it offers.

Frankly speaking it depends on the individual whether to do MBA or not. Working in an `industry where you enjoy doing work can also give you a modest package after some time obviously not equal to MBA. But then at least you are enjoying your work and have your personal life as well.

What I have always heard is post MBA life is difficult, although it pays you well yet there is a lot of job stress and long working hours.

A place where you enjoy doing work and love the skills involved in it is much better than doing MBA just for the sake of money.

MBA is only overrated for the people who follow the crowd. MBA is a good option for those who are genuinely interested in it, not because they want money but they enjoy doing that work.

Having a good stress free life with a modest package where you can contribute towards the society by any means is the perfect place to work in.

Follow your heart and not the crowd :).
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Shuvs said:   8 years ago
Hi all,

While talking about the topic we should firstly keep one thing in our mind that after doing graduation and even also having a decent years of work experience we might fail to properly manage any business situation or systematic organization of resources for an organization in long run. That's how MBA comes into the picture in order to fill the gap. Although there are a handful no of institutes for MBA in India and the cost for the degree is bit high but if you are in some decent college you will definately learn something which won't be taught in graduation or in working field. MBA gives you the opportunity to learn about the managerial skills, the problem solving skills, the decision making skills and many more which would be really helpful in order to shape your business. And probably that's the reason for the companies to offer higher packages for MBA graduate. It is the most diversified field which anyone from any field can opt for and it will help them to sustain in long run.
(19)

Harsha said:   1 decade ago
Hi Friends,

I think this is a very hot topic these days. MBA has become the order of the day and shortcut for success. Everyone wants to do an MBA and get into a high paying job.

But the real question is how many really have the ability to excel in this.

These days MBA has become all about money. First of all every institution wants to start MBA even though they don't have the basic facilities and infrastructure.

And all the students just blindly pay a huge amount of fees and join. But MBA is not only about submitting fake and copies projects and assignments, not bunking the classes or just passing the exams. But the real purpose of MBA should be to acquire in depth knowledge in the chosen specialization. In other words one should really specialize in the chosen subject. Only then can an MBA really add any value to any organization.

I think the government really needs to look into the number of new institutions mushrooming and the quality of education being offered.
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Deepak sahoo said:   1 decade ago
Ya MBA is over rated in India many of student do MBA after completion of their degree, because their are many industries in India, student choose MBA because you get two things from here 1) popularity, that mean you get chance to meet new peoples, 2) money, so here all categories of student wants to do MBA, like arts students, commerce student, science student, and also B-Tech student, no one should not want to what do it mean, only they want to achieve a good certificate, but according to me those do MBA in top institutes in india, then they get a good job in a top company, one thing is first needed as MBA is a business course so that present knowledge is must required as per the situation, you should understand the customers.

India is going to one of the top industrial country in near future so it is not required to go people abroad, MBA-mean master in business application so always keep your mind in that things, then you should understood the value of MBA.
(6)

Tapan Shah said:   1 decade ago
As a genuine review, people who wants to do MBA should have stuff and confidence in themselves that they are heading towards the "Master of Business Administration" which doesn't mean a high payee Job or some fancy degree.

For freshers, who wants to pursue MBA in specific field, should prepare for entrance tests. They should do MBA (full time) from some reputed institute which gives them value added knowledge.

For working people, distance is the best option and an equal opportunity to grow in current organization where they can doubled their efforts by having management knowledge.

Of course, MBA is overwhelmed now a days, but I bet you if you do MBA with real interest, it will become your life changer decision.

Choice is yours, if you want another fancy degree added on your "linked in" or value added management knowledge!
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