Monday, October 26, 2009

5 Reasons on 'Why to do an MBA'

Okay, back after a while with a very important post, especially for all future MBA aspirants. Earlier I had written about 5 reasons for not doing an MBA. Naturally that led to many people asking me, ‘Why then should one do an MBA?’ Here is my answer- 5 valid reasons for doing an MBA.

1) To reach/work upon one’s Goals: Yes, you guessed it. Goal with a capital G. Football lovers, I mean your aims and ambitions, sorry. I know the following statement sounds really clichéd but I will say it anyway- ‘A person without a goal is like a ship without a rudder-ie he keeps moving aimlessly from one point to the other without achieving anything definite and failing to reach his destination.’ So if you have already made some real career goals, and are confident that an MBA degree will help you in reaching new heights, as well as fulfilling your goals, then by all means go for it. And if you haven’t made any goals yet, there is no time like the present. Let those grey cells work, or rot. Your choice, Mon Ami.

2) To enhance your Managerial Skills: You desire to be a successful manager and leader. And you feel an MBA degree will make you one. You want to learn how to manage a team, or run a company efficiently. You already have some innate leadership skills. And you want to develop them or ameliorate them further. Doing an MBA will certainly help you in this regard. Especially in polishing your skills. Note that you need to have some amount of Managerial talent and leadership skills. If you are totally blank, and expect that an MBA will insert such skills within you, as in magic, then you are totally mistaken.

3) You want to become an Entrepreneur: Don’t get me wrong. It’s not mandatory for a person who wants to be an entrepreneur to do an MBA. Far from it. But it will certainly help you in the long run. After all an Entrepreneur should be a good leader and manager as well. He should have the risk taking ability and the ‘Dare’ inside him/her to do something different. Moreover, if you want to become an entrepreneur, you should have a clear vision of your ideas. Do not be tempted by money and try to curb your greed. Make definite plans and put them into action after assembling a team of able persons who share your vision.

4) You have Genuine interest in Business: You are a person who loves reading Business news, and business magazines. You keep a hawk’s eye on the Stock Market. You love watching Business rivals battle it out. You also like working with numbers, as in Finance, and you like comparing different types of advertisements and promotions, suitable for Marketing. Or you like analyzing people and their ability for working in a particular line. You can identify who is suitable to become a manager, as in HR. Similarly so on and so forth. If you are really such a type of a guy/gal, then I am sure that an MBA will help you enhance your career prospects.

5) To make it big in the Corporate World: Just like the world of Fashion, the Corporate World has its own glamour or charm. If you are a person who feels magnetized by that charm or attracted to the Corporate World like a guy who has his first crush, then I believe an MBA degree will certainly help you. You are probably a type of person who wants to make it big in life. But remember by big, I do not mean someone who just blindly rushes after money and fame. In that case, he/she is likely to get neither. But also make sure that you have good communication and managerial skills.

These were the few reasons I had in mind. Of course, there can be many others. But I decided to restrict them to 5. If one or more of the above reasons apply to you, then surely go for an MBA. With hard work, dedication and persistence, success will surely come up to shake your hands. But unfortunately, the current trend of engineers pursuing MBA only for the greed of money, largely persists. Something needs to be done about this, and fast.

Take care. All comments welcome as usual. Adios.


Manu Bajpai said...

My dear Satwinder!!! I'm now very sure I'm going to become an MBA. Thanks for your positive viewpoints,it helps. :)keep blogging

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