Do you need MBA qualification to boost your career. If you feel this is must, reconsider. MBA may not be really necessary.
https://in.finance.yahoo.com/news/really-mba-succeed-050148696.html
Do you need MBA qualification to boost your career. If you feel this is must, reconsider. MBA may not be really necessary.
https://in.finance.yahoo.com/news/really-mba-succeed-050148696.html
I joined my first company as a sales engineer after my BE but I got my promotion as Sub Area Manager only when I completed my PGDM. So, in my case it was necessary. I am grateful to my company for providing me time and financial assistance for doing that. So, yes MBA is good for people willing to go up in private sector.
It's an altogether different story in my case. I was just a graduate in Science when I entered the Corporate communications division of a major Public sector Steel plant. What all they had seen was my past achievements in Advertising Copy writing and design. And they did not fail to see my dedication and hard work from my past achievements. You know in PSUs, there won't be any compromise in rules. But , the organization waived off all the rules.
Seeing this my determination and dedication increased more to rise to the expectations of the Management.
From this point, I never looked back. Gradually, over a period i ascended to Managerial hierarchy. When I took my voluntary retirement my designation was Manager, Visual Arts.
All this without an MBA or any other extra qualification related to Management.
There is always need fr quality education and a degree in engineering combined with an MBA is an asset t any individual. All people cannot be like Bill gates , who was also very particular abut education but because of his brilliance could manage to make a mark...I personally feel that an MBA from a god university gives you an edge over others
I must admit even in this respect, I consider myself lucky. Though not all times, whenever there are cases of recruiting new candidates occasionally, especially related with my own type of job like Art, and web design, Management used to invite me to become one of the members in the panel to interview the candidates. Of course, the ultimate decision is management's alone.
Today MBA has become a diluted degree because every Tom, Dick and Harry is obtaining it from sundry colleges. MBA degree adds value if obtained from the top, say, 50 colleges. In India MBA is done after graduation unlike in many countries where it is done after gaining 7- 10 years of working experience. It surely helps in understanding about how businesses operate in various areas. Increasingly MBA from good institutes is becoming a requisite for aspiring to higher positions of responsibility in organizations.
To success in business experiance is important than MBA degree. Persons who are from business back ground family can get experience in their family business. But for a person who is not from business back ground family, how he can get experience. For it he/she require to join any job. MBA degree is helpful in getting jobs. My Son is B.Tec. in IT but to join bank job he done PGDB from Manipal University. It is pre-condition of bank.
Engineers doing MBA and then joining non engineering jobs are wasting the precious resources of getting a technical degree. It is a fashion but the two are required these days. For a selling job the engineering degree is a total waste. But that is the trend so students will naturally follow it.
@vijay most companies dealing with highly technical products prefer their sales team having proper technical knowledge with formal marketing knowledge. That way they save time and salary of one extra person. In my case I was a confirmed sales engineer only after completing my PGDMA. My job was to convince engineers/technical persons of various companies regarding my products. Incidentally I was working with Adwani Oerlikon, a Germany/Swiss based and one of the few companies having a wide range of welding electrodes and equipment. Our only competitors were L&T and Indian Oxygen Ltd. I agree engineers doing MBA and joining non-engineering companies may not sound the right idea at a particular point of time but you never know when one gets a chance in his dream company.
A section of the Corporate world is of the opinion that the combination of BE + MBA is not a good combination. It's a known fact that that Engineering teaches all about technical stuff. About Business skills an Engineer generally is in darkness. I'm not talking about exceptions. But on the whole an Engender doing an MBA is a waste.
Some management graduates opted for their own set up of business and that inspires many too. MBA is mixture of most of educations such as from arts, science and commerce and ultimately knowledge what individual gathers matters the most. MBA now a days has become another stream of attending post graduation.
I am of the opinion that in this present age the MBA degree is a must. Dedication, experience and hard work are essential criteria for promotion but with an MBA degree the applicant or the candidate becomes a little more deserving for the higher post. More and more education can be beneficial but lack of it can become a shortcoming either at some point of time or in a particular corporate house.
@gkajmani