Why MBA?

This is one important question every B school aspirant prepares during his/her GD/PI stage.
And trust me this question is going to trouble you the most when you try to answer it in the interview.

Most of us are going for MBA because the majority is doing so. The salaries offered are astronomical. The CV looks incomplete without the MBA degree. There are some whose ambition is to get into IIMS!!! I have even heard one funny incident where a guy was pursuing MBA else he wouldn't be getting the right girl :).

I think the more important question than this is What do you want from your life or what do you love to do? Everyone of us have some capabilities that we are aware or unaware of. And going with the ability we have will always be good for us and we'll make our life happier. However this isn't very practical to many and we follow the herd. That's why to answer this question is very important.

However, the question still boggles everyone. If you are associated with any insti or teacher then they ask to prepare a draft and show them the answer to this question so that they can edit. And that is the time we really think, why MBA??? Because of all the jargon we might write the truth is most of us never gave it a thought. We went for it because some of our near/dear ones has done it. or the society demands it. and this reason is not reflected in the answer. In fact it can not be reflected in the answer.

Then what should we write??? The answer lies in the answer to another question-- What do you want to do in your life?? This again is troublesome.
So the best way is go for reverse engineering.. answer backwards...

what will happen after you have become an MBA?? What will you do then? Will you be working or starting your own venture? In either case why will you do that? What would be your job profile or the venture about? Why have you chosen the work profile or the venture? Why can;t you go for the job or the business opportunity now, without MBA? Is MBA the only way to get there? What MBA will do to benefit you for this job/venture?

These are the multitude of questions you should ask yourself and believe me ask them now rather when you reach the GD PI stage.

MBA

This is one hot topic for discussion. The number of people who are in the league to get admitted into the prestigious IIMS has been increasing year after year.

What makes IIMs speaial? The number of students going or CAT exam in CAT 2007 was roughly 200,000. Now if take the IIMs to have roughly 1500. If we include some seats for other specialised programmes too then the number comes around 2000 ( the no. of seats is indicative and is in the rise due to reservation related issues). Thus this leaves us with 198,000, nearly 99% of te students aspiring for IIMs to look for other colleges.

Can we say that the 99% of students are not worth IIMs are less intelligent? some may say yes and some no, They both have their reasons and I think both are valid.
But the important point here is that the IIMs not entirely in themselves make the colleges of fame what they are known as. The students who have handpicked with the most stringent process in the world( said by some magazine) are a very important part of the brand name- "IIMs". Similar it has been said for IITs.

One importnt thing IIMs have inculcated is and that is being emulated by the major B Schools in the country is the rigorous pedagogy. The entire curriculum makes the student slog hard and aspire for best.