The Rush for MBA is really a Rush for Big Money

Hello Everyone.

Our topic is "RUSH FOR MBA IS REALLY A RUSH FOR BIG MONEY" let us consider it from beginning before selecting any college what will be the foremost thing you'll want isn't it package for example consider two colleges you are confused to choose with both having exactly same teaching methods, campus, good faculties, etc but packages differ so what will be your response, where to go? Its very natural to select the one which is offering more.

Secondly, MBA doesn't only provide knowledge it develops your managerial skills required in any aspect before selection of college you wasn't having any skill but wanted to have more money so after getting skilled, guess what will be scenario. Of course why not, whether its premier school or ordinary business school, whether it charges you huge fees or not, whether the school assures you of having good package or not, in whatever situation don't you think that you'll be eager to have even more money than previously thought before having any knowledge and skill.

People who want to start up their own business or run family business in both the situation they will need to survive and to survive they have to compete with others and you'll need to have more profit than others. Put yourself in above mentioned both cases and ask why you'll need to have managerial skill.

If someone from your family still knows how to run business or even if you are starting on your own there will be very few people answering who love the job of managers they love to be manager in every aspect of life and wants to get more skilled at it so there is only one negative point.

At last, I would like to conclude that single point is not sufficient enough to divert from topic so yes, rush for MBA Is really a rush for big money.

Hello friends in my view, we can't say that the peoples doing MBA only for earning high. Because some peoples doing MBA may be for their passion, may be for earning high, may be for getting government job or may be doing MBA not getting good job after graduation such as B-Tech, BCA, BBA etc.

I will give you my brief view on all these above points one by one. As all we know that doing MBA after graduation is helpful for earning high money but this is applicable to only those students who can done their MBA from good college and more important doing MBA is not enough to earn high, there's also need of good communication skills. If someone can do MBA from not good college, then it is not gurantee that he/she get good salary MBA.

Second, some person doing MBA for their passion. As we see that some peoples not doing any job after MBA or some peoples do MBA after getting good government job also. So we can't say that peoples do MBA for earn high because some peoples do MBA for their passion also.

Third, also some peoples do MBA for getting good government job. There are some government sector which held minimum qualification for some post is post graduation or MBA. SO may be some peoples do MBA for that purpose.

And last may be some peoples do MBA not getting job after graduation like B-Tech, BCA, BBA etc. Because as we know that the number of colleges for B-Tech, BCA, BBA etc are very large and competition is increases. So some peoples doesn't got job after graduation and may be they do MBA for getting job.

Yes, The rush for MBA is really rush for big money.

I can explain you.

For doing an MBA, People have many goals and objectives behind it. Today everyone knows about MBA and the money which can earn by this. First of all, the person who is the owner of any organization or business and company, who wants to continue his business and company for next-generation than his son or daughter has to do MBA for better Management skills, communication skills, leadership quality, good knowledge, etc. For increase and handle his business carefully.

Today MBA has become a luxurious way which everyone wants to earn it because MBA helps to increase Management skills, communication skills, leadership quality, good knowledge which is very useful in big multinational companies.

But you have to know that MBA is not a vegetable which anyone can buy it, its a degree of Master which wants good quality and personality inside you and that quality can be grown by a good institution and colleges like IIMs, Delhi University, etc. And to get admission in these institutions you must already have good quality and knowledge than you will get a big package of money by Multinational companies.

So, my conclusion is, The Rush in MBA is really for Big Money.

Thank you.

Hi everyone.

Mba is really a rush for big money, I do agree.

1st point: its a high budget study, those not having budget can't do MBA even he/she crack CAT, MAT, XAT. That means still you have talent but can't pursue MBA if you have not enough money. (least required money for IIM 15 lakhs. ).

2nd point: those having money not talent still they can get the degree of MBA not only from INDIA, but from USA, UK. After completing it, they will get a job in a managerial level where they will have both power and money. As MBA is only a field where you will able to earn more than a IIT candidate.

3rd point: After doing MBA only you can be a good manager where you lead the people but friends I can tel you in India there is lot of business tycoon who have not done any MBA but still they have inbuilt talent to lead the people.

(Example: 1. Anil Ambani.
2. Mukesh Ambani.
3. Azim Premji.
4. Vijay Mallaya.
5. Sunil Mittal.
6. Shubhroto Roy.
7. K. V Kamath.
8. Bhavish sanghvi.
9. Ratan Tata.
10. Laxmi mittal). So what I want to say its not a technical field where I have to study or get trained, Its all about your inbuilt quality. So its the money and power.

Hello, everyone.

MBA means master in business. In this 2 year course, we study about accounting, business etc. But I don't think in these two years we would be gaining much about managing things and business. I think managerial skill can be developed as we grow in organisation.

If we talk about one of the famous personality Arundhati Bhattacharya, CEO of SBI, she does not hold any MBA degree, she is just a simple graduate. She started as a PO in SBI. But her continuous effort and experience have led her to be what she is now.

So, I can say that the rush for MBA is really a rush for big money. But at the same time, It's not true for all. But in majority case it is true. If I ask you all that how many of you are here want to do MBA just to understand business. And it is nothing wrong in rushing to make big money, after all, we are spending about 10-12 lakh rupees in two years. If we leave few section of society which may include those who owns family business, are pursuing MBA just to make a huge sum.

I do not think that the rush for MBA is for the rush for money. Yes, it is ever present, but I believe someone who dreams of MBA is looking for a opportunities and freedom job wise. Having only a bachelor degree puts the limit to individual growth and thus doesnt lead to satisfaction. Also, people do not prefer Masters in their respective discipline because of the saturation and the lack of interest.

An MBA degree over hauls the personality of the individual, exudes confidence, guarantees satisfaction. His decision making prowess improves considerably without any expense of making a destabalising mistake both job wise and life wise.

Not to mention the prestige attached to MBA degree. Men become more suitable grooms, women becomes the target of many bachelors just because the scope it provides is limitless.

Also, consider being an entrepreneur. The only way to start a business is by accumulating initial capital. What fastest way to accumulate exp and capital than a MBA degree.

MBA, its a plus point to one who, manage a firm, in every work there is need for management, management means complete a work with minimum of cost, as early as possible, with a good perfection, for that we have two study the problem or the work that you have to do. We want to take decisions to solve that problem, for that we have to know the procedures for solving the problem, to know the difficulties came at the time of problem solving.

On doing the MBA, a person who gets the skill to understand the problems and the ways to solve it in a practical manner, by the projects and such things he gets practical experiences.

A person knowing with this things go for MBA is not in a way for big money, he went for developing his skill and knowledge. And also developing this he became success in his profession. On seeing that some one without knowledge about MBA, they think that if MBA I can get more pay from anywhere. So came this problem the rush for MBA.

By doing MBA, a person comes to know about how to manage his/her time and money because a rupee worth today is of lesser worth 5 years later. So, Management is needed for everyone (and not MBA). And as far as rush for money is concerned, everyone is in a rush for it, starting from beggars to a big businessman, even a small kid who has learnt counting upto 100 wants Rs.100 because he/she finds it a bigger number.

An engineering student doesn't require MBA, if he/she is skilled enough in his/her field. Now a days what all engineers think is, as there are a lot of engineers around every corner of our country, so they want a diversion from their path, due to lack of jobs to all engineers.

But taking both MBA and BE/B. Tech/M. Tech into our concern, if you want a lot of money! doing MBA i.e. only from some reputed institutions will only fetch you. Else, doing job in the field in which you are mastered in, is the best option.

THANK YOU.

According to me rush for MBA is not only rush for big money. Nowadays Corporates hiring MBAs. They hired MBA's as a Management Trainee. Somebody thinking that if I getting a MBA Degree then I will get a good job with handsome package. But getting a good job or enter into a corporate world is not so easy. Corporates are hiring MBAs because they want skillful, knowledgable candidates. So corpporates want those MBIANS who can apply and utilise their skill, ability and knowledge in the organization for which they have learned in the MBA School. In present scenario competition is increasing in job market. So grab a good is not so easy. Therefore MBA is a field where candidates can develop their personality, communication skill, presentation skill, ability, knowledge etc. If candadates can develop this traits then it will help a persons whole life. So developed urself as much as you can then success will come automatically and money also.

Hello everyone,

It's a great topic we are discussing about. I am agree to "Rush for MBA is to rush for a big money". But there are so many students or people in our country who have taken the MBA degree but they don't have a creative mind or a better skill like a good Manager.

Then what will they do for their company, Firm or in any field? Here, I want to say to all of them who comes in the category of such types of degree holder to remember ones again, what management means? According to my understanding, "Management is a skill which gives us a right pattern to complete or achieve the target in a systematic and easy way, with minimum manpower, in minimum time, in a minimum financial expenses".

This skill is the Rush of money in MBA. In a short way and by my thought, only MBA makes human life easiest and wealthy but depends upon our Management skills and knowledge not only on the degree. Thank you.