18 September 2021
Candidates passing out from India’s top Business Schools used to get attractive placements in the job market. Tier 2 business schools also manage to ensure placements for their students. But Business Schools or Colleges with low or insignificant ratings by NAAC, conducting MBA Courses on the sidelines of their core courses are seen trapped in the vicious circle of poor performance caused by several extraneous factors. Poor infrastructure and poor salary to the Faculty cause absorption of mediocre talents for teaching. Even if one joins in such institutions there is a strong possibility of attrition. Such schools cannot attract students who have passed the Entrance test. Many times senior students after passing out from such institutes get an appointment as Lecturer since no experienced Faculty will be joining for a pittance. Studies in such Business schools result in loss of money for the parents and loss of valuable time for students. They end up joining jobs that offer them Rs 8000-15000. Is it necessary to join an MBA just for joining a job that pays only Rs 10000 to 15000/- as salary per month?. Many autonomous Engineering Colleges under the label of a Deemed to be University with no connection whatsoever of the curriculum with the real Business world or Industrial Houses are in fact doing a disservice to the students. Such Institutes are not seized of the developments taking place in the technology or business world. Business leaders seldom give any consideration to such degrees. In short, if a student fails to get admission to a reputed Business School, an MBA degree from a substandard business school may not give any additional value in the job market. Substandard Business schools do not offer good subject knowledge; develop leadership qualities and communication skills and spoken English etc. It is always better to join an MBA after Graduation and work at least for two years before joining. There is a preference for admission to people with job experience. Let us remember that MBA is not just a Degree but a Value addition to one’s profile. Desirable personnel skills like self-confidence, leadership quality, communication skills, Analytical skills, decision-making skills, skills to face challenges networking skills, intelligence, people skills, technological skill, general awareness on socio-political issues, etc are required for a Professional Manager. You may weigh the Opportunity cost (loss of salary) and the work experience you would have gained had you joined any job instead of joining any sub-standard Business Management degree. Always better for seeking Career guidance before venturing into higher studies.