Management is the art of getting the things done "through and with others". MBA stands for science of management. Art is to be learnt when an MBA goes into real world and faces its harsh realities. An MBA should immediately join an organisation after clearing the MBA.
In one case, a business man father was counselled as under:
"Sir, bank pays same salary whether the joinee is B.A or MBA. Then, why to spend on MBA and waste 2 years too."
My reply was:
"You are right that bank will pay the same salary to B.A and MBA. But a B.A will take 10-20 years to reach the level of DGM or GM in the bank while an MBA will take 5-7 years. This is the difference in being B.A and MBA."
Being a businessmen, he immediately mentally calculated pluses and minuses of doing MBA and asked his daughter "go for MBA".
MBA is like ah uncut diamond dug from the earth, crude, soiled and dirty. Very few are able to pay the price that kind of uncut diamond. But when that uncut diamond faces the friction of the machine and well polished, many pay the demanded price for it. Nobody negotiates.
Same is with MBAs, After an experience of say 5-6 years, the real wage goes up as the skill is turned into talent and more the experience, it turns into genius. Genius don't ask for the job, but jobs run after them. They live the life on their own terms. Not on the terms of others. Yes diamonds two have different categories like gems, jewels and diamond etc. More the expert can tell. Same is with MBAs.
How they deliver that matters. There is no dearth of jobs for MBAs. Only attitude matters. The new joinee should not expect sitting in an of air conditioned office, travelling in 1st Class Railways. First deserve then desire.
Prof P.K.Keshap
2017-08-14 15:22 GMT+05:30 Ramesh Vemuganti <vemugantiramesh@gmail.com>:
Management should be looked upon as a profession. This has not happened so far & it has become a mere passport for getting a placement. So , nothing surprising when 50% of MBA"s cannot secure a placement.I am glad Management is getting its due and recognition. MBA"s with the requisite Managerial skills juxtaposed with Management knowledge & industry awareness are absorbed by the market.Mere MBA/ PGDM certificate holders are jobless today & are unable to secure a placement. Why will industry take them, when a BA / BSc/ BCom is available for the same jobs with less salary in BPO"s, Banks, Insurance, Retail, Health care, others.Apart from the top 200 colleges, majority of the MBA grads in these 2981 colleges will remain without jobs for a long time.The writing on the wall states that merit, quality, digital management & technology management combined with respetcive skills will rule the job market now.regardsRamesh Vemuganti--On Mon, Aug 14, 2017 at 1:39 PM, Prof. Bholanath Dutta <bnath.dutta@gmail.com> wrote:--
--EDUCATE, EMPOWER, ELEVATEProf. Bholanath DuttaFounder & PresidentMTC Global: A Global Think Tank inHigher Education, ISO 9001: 2008Partner: UN Global Compact I UN Academic ImpactCell: +91 96323 18178 / +91 9964660759
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