The Rush for MBA is really a Rush for Big Money

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104 comments Page 3 of 11.

Sowmya said:   10 years ago
Good evening everyone,

According to my point of view I feel that the statement is not correct because most of the people purse MBA to set up their own business and few of them to become managers and not all MBA's get good package it depends on the type of college they are graduating for ex if you take IIM's in to consideration the initial offer they get is very much lump some and if you take normal b schools MBA they get very less compared to schools people are not getting into MBA for money but to gain some skills in business field.
(10)

Gurmeet said:   10 years ago
Rush of MBA is rush of big money, not all ways but we can no neglect this statement also.

Actually present days everyone want to go to top directly, for this you require skill and knowledge. So today is become method that do MBA and they think they have MANAGER degree. But really see in your self how much knowledge you can implement for your real world. That is skill.

I am sorry but one statement said by peter Drucker that "No grater damage could be done to our economy or our society than to attempt top professionalize management by licensing manager for instances or by limiting access to management to people with special academic degree".
(4)

Rish said:   10 years ago
Hai everyone.

This is very interesting topic.

From my point of view the rush in MBA is the full game of income. Today all person want to live a good life. All person want to earn more and more because all know the MBA is the best way to earn more. Mba from IIM gives not only the big job but also give the tag of IIM. I think the rush for the MBA is 90% for the big money.

Thanks.
(11)

Pankaj said:   1 decade ago
According to me their is huge rush for MBA. Because aspirants thinks that doing MBA is to get higher salary. There many successful people in the market who does not have the MBA but still holding the manager position. So I think that a person should have the trait to become a manager. Every MBA is not successful without the eligibility for manager.
(4)

SURAJ said:   1 decade ago
Hello,

With due respect to thoughts of other participants, I have seen many people doing MBA, just because they have heard that MBA degree holders get huge salary packages. But that's not always true. The salary of an individual, depends on his/her own skills. The person earning big money, has good quality knowledge & management skills. Not everyone can possess this. And, just to earn big money, many people pursue MBA, regardless of having good quality knowledge about it.

Whereas, there are other people, for whom, salary doesn't matter. They are just born to be MANAGERS. Its just their attitude & dedication towards their work, which automatically leads to an increment in their salary.
(36)

Raj Vinod said:   1 decade ago
Everyone can do MBA. Not all graduation degrees help people in getting job. Some needs MBA as they are having right skills along grooming capabilities in and out of organisation. A management caters the need of engineering people. Or else to implement things with better knowledge could be engineer. An engineer can become manager. A manager can't be engineer to get high designation in company's will prefer B-Tech+ MBA.

Of course they may get good packages too with little passionate of culture MBA. And some for learning for how to make profitable organisation. This could be bit possible to make things done easy. With this combination B.Tech+MBA. Or some wants MBA to improve the job opportunities. friends.
(2)

Mohit said:   1 decade ago
Hello,

I think everyone in the world is interested in making more & more money and I don't think there is anything wrong with it. Ya many people go for MBA because of huge salary packages but there is some crowd out there who are just born out to be managers or entrepreneurs. You can look it anyway but it's always going to be helpful for the nation.
(2)

Sathish Tamilselvan said:   1 decade ago
Absolutely most of the people want to make money from the field whatever they are in so for my consideration, if someone want to make big money, they must go for MBA.
(1)

Sam said:   1 decade ago
Folks MBA is business education and its essential to today's jobs as it helps you for your job. If you are planning to do your own business its not essential to have MBA, you can hire someone to manage your business and you should be fine. But if someone has MBA and managing his own business it may help him or her.

If you are looking at big business names they learned some sort of business management from someone in family. Continuous education in life will make you better person if you apply that education to your self development.

I wish everyone good luck as I have done my MBA and Masters in Computer Science here in USA and doing great in job because of my good education and hard work and not comparing myself to others. Everyone is different and please don't try to compare yourself to others.
(15)

Soham bhattacharya said:   1 decade ago
No I don't think that MBA is all about making more money, the reason being that in today's scenario doing an MBA has become the need of the hour to have a growth in one's career, a plain graduate might rise up to a certain level in an organization, but to go ahead, he needs to have an MBA degree. Even a smuggler earns huge amount of money, even the person sitting in the government office has money, but there's no growth.

My conclusion would be that today there are endless ways to earn money but only few ways to have a growth in life, status and position. MBA degree can give you that growth, status and position you want in life in a dignified manner.
(55)


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