Skip to main content

MBA?

For me, MBA is not just a degree it's a Mindset. Having an MBA degree can be a base for a Good Career.

From childhood, I wanted to be an Entreprenur. So I did a research on MBA's in 2016-17 but what I found was totally beyond my expectation. So, I dropped the plan of having it.
I would like to share some info about it, this article is not meant to support any college or against anyone.

Myth about MBA

  • Money
 You will get 20-25 L package and  you will live a wonderful life ahead.

  • MBA means success
    MBA doesn't guaranty job
 


     If you are a student of average marks and general cast forget about IIM's .
      98% percentile is not enough for you  .


Report of Forbs on Reasons Not to Get MBA


We have more than 5500 colleges in India.
 more than 5 lakhs MBA's
Do you think India need 5 lakhs MBA's per year?

click here to read Forbs report


Let's now talk about some facts 


  • 5500 MBA college in India
  • India produces more than 5 lakhs  MBAs in(report of  2016-17)
  • only 7% of PassOut are actually employable in India Excepting graduates from IIMs
  • Only 20% of students from business schools land job offers
  • Apart from 20% , 2-3% of students  are employed but they don't like there own job.

Report of ASSOCHAM




In the last five years, the number of B-school seats has tripled. In 2015-16, these schools offered a total of 5,20,000 seats in MBA courses, compared to 3,60,000 in 2011-12.


While on an average each student spent nearly Rs 3 lakh to Rs 5 lakh on a two-year MBA programme, their monthly salary is a measly Rs 8,000 to Rs 10,000.


Read Article:-

https://www.business-standard.com/article/pti-stories/only-7-per-cent-mba-graduates-employable-assocham-study-116042700823_1.html


https://www.ndtv.com/business/only-7-of-b-school-graduates-employable-study-1400034

 https://www.hindustantimes.com/education/this-is-what-is-wrong-with-mba-programmes-in-india-and-here-s-how-to-fix-it/story-QPqJX87ZuG4VRhDB46eXyK.html



What Can You Do after Obtaining an MBA Degree?


Below you can see some of the things you might choose to do with your MBA degree.

1. Become a teacher at a college

2. Contact your alumni network

3. Apply for conferences

4. Learn new skills

5. Explore career options

6. Start a business

7. Take time off

8. Volunteer or join a board

9. Travel abroad

10. Freelance work

https://prepadviser.com/can-obtaining-mba-degree


If you are pursuing MBA or have the plan to do it you should read
" THE PERSONAL MBA "
MASTER THE ART OF BUSINESS by Josh Kaufman,
 #1 bestselling business author

According to Josh Kaufman Business is divided into parts
1- Value Creation
If your business doesn't create value then its hobby.

2-Marketing

Peter Thiel(PayPal) says"You can sell bad product by good marketing but you cannot sell a good product with bad marketing"
Marketing is the most crucial part of a business.

Book Reference:- Zero to One
[link available in description]

3-Sales

The more you get Trust and Believe business will grow,Sale will increase if your marketing is good enough .

4-Value Delivery

After sales value delivery is the major concern .
A company is judge by the value delivery.

5-Finance

Your product will Create more value if you have followed 4 previous steps

If you like the content you can buy these books

Book links:-


My Personal View 

  • MBA has a broad scope but it takes Hardwork, if you are one of them go for it. 
  • Top college are important for placement.
  • If you can afford go for top 40 colleges.
  • If you have good score in CAT , don't depend on IIM's only.
  • Don't go for any college be choosy about your future.
  •  Average fees of colleges is about 4-8 Lakhs(2 year) use that money for your own startup work hard and learn by mistakes .
  • MBA is not a degree its a mindset

Top 44 colleges you should apply for  

 The link is provided in comments on my blog. https://www.techhackandlifestyle.tk

Not every businessman did his MBA from top colleges
so, just focus what you are doing and try to upgrade yourself day by day.

Read Article:-
    Cloud Computing
     Motivation
     Job For 2020

Follow link :- https://www.techhackandlifestyle.tk
Labels:

Comments

Post a Comment

Popular posts from this blog

What is BlockChain ?

The blockchain is a chain of blocks which contain information. First used in Bitcoin by " Satoshi Nakamoto " in  2009 for Bitcoins(A digital currency) The blockchain is a distributed ledger. Now, what is ledger? According to Wikipedia ledger is A  ledger   is the principal book or computer file for recording and totaling economic transactions measured in terms of a monetary  unit of account  by account type, with  debits and credits  in separate columns and a beginning monetary  balance  and ending monetary balance two account. In simple terms a file which stores information like transactions and account details called Block and the connection between them is Chain. A block contains 3 part  Hash of the previous block Data Hash   Block of Blockchain Hash is a  like a fingerprint, which contains details of data(sender, receiver, content, previous block hash etc) Hash looks like this "a 0680c0...
5 comments
Read more

What is Big Data?

Big Data is the huge amount of data which can't be stored and processed using the traditional methods within the given time frame. So, The Question arises that how much big should be the big data . Generally, people think that the data whose size is more than GB, TB, PB is big data. But, it's not the case. some data which is small in size can be a big data. For example 100mb of a document is to be sent by email(we generally use Gmail ), but it's not possible because Gmail  doesn't support this feature.  That's why  100 MB of the document can be referred to as a big data for email service. let's understand bigdata with another Example 1TB of data is given a person, 1 TB contains images which he has to edit and process in a particular amount of Time, for a normal user it will be a Bigdata. Some analysis of data in the real world Facebook-100TB /day twitter- 4400 twites /day LinkedIn - 10TB/day Google+ - 10TB/...
3 comments
Read more

What is Cloud Computing ?

Cloud Computing  is the delivery of services. It enables the user to Store data, Access service, and Share platforms.  Cloud Computing Cloud Computing services contain Data Storage   Server Database Networking etc Cloud Computing Services are divided into 3 types IaaS – infrastructure as a service It provides you Infrastructure for computing , physically or in the form of virtual machine. Service provider  - Azure , Rackspace , Amazon etc                 (Best Jobs in 2020) Example:-  let’s suppose you have a laptop of 4 Gb RAM and you wanted to install Android Studio, but your system doesn't support it well. Your laptop performance is lagging. Your friend Suraj have one extra laptop which is not in use and it has 8 GB  RAM,  so You borrow his laptop for 30 days, You completed your work and you return the laptop, this is called IaaS. ...
3 comments
Read more