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A.K. Mohideen
Asst. Professor
Department of Management Studies
Vignan's Institute of Information Technology
Visakhapatnam
The Educational Institutions are the gardens where the beautiful flowers blossomed
always- beauty of nature, the beauty of human work and achievements and above
all the beauty of character, which is seen on the face. What ever we look like
depends on how we have lived, what we have thought and what we have done.
*MBA – YOU:
The purpose of an MBA education is to provide training in the theory and practice of
business management. An MBA is an effective tool to,
MBA - JOBS:
Executive Jobs:
Whether you are seeking CEO jobs, CFO jobs, CIO jobs or other C-level jobs, an MBA
is supreme to a career managing companies.
Management Jobs:
Senior Management job - Senior Management jobs are awarded to candidates and
employees with applicable baccalaureate degrees and a master's degree in business
such as an MBA.
Banking Jobs:
Finance Jobs:
Corporate Finance jobs help company find money, grow the business, make
acquisitions, plan for it's financial future and manage any cash on hand
Money Management job - Money Management jobs manage stocks and bonds for
institutional clients and are on the buy side of Wall Street
Insurance jobs help individuals and business manage risk to protect themselves from
catastrophic losses and to anticipate potential risk problems
Real Estate jobs cover field such as title insurance, construction, mortgage banking,
property management, real estate appraisals, brokerage and leasing, and real estate
development
Accounting Jobs:
Public and Managerial Accounting jobs focus on preparing financial statements and
recording business transactions including computing costs and efficiency gains from
new technologies, participating in strategies for mergers and acquisitions, quality
management, developing and using information systems to track financial
performance, tax strategy, and health care benefits management.
Marketing Jobs:
Product Management jobs have responsibilities including marketing and development
of products of all types. Advertising jobs cover every media outlet including
newspapers, magazines, TV, radio, and the Internet. Retailing jobs includes store
management, buying, and merchandising.
CONCLUSION:
A Full-Time MBA costs Rs.2-3 lakhs in B-Schools and around 50000 t0 100000 in
university and affiliated colleges and takes Two Years time duration. For a period of 2
years, MBA students strive sleeplessly over assignments, presentations, projects,
group exercises and reports. This gives them good grounding for the nature of work
they will eventually perform.
Before concluding this article, I would like to mention about the fact of MBA
graduates at present. In the words of Robert Brown, Director of Recruitment and
Management of Head Hunters Grant Thornton " I would venture to say 70 to 80
percent of the MBAs are not worth considering." In 1999, an article 'Why CEOs Fail
by Henry Mintzberg and Joseph Lampel was published in Fortune. Holders of MBAs
ran some 40 percent of the 100 largest companies. On examining failed CEOS, the
authors found 38 had 'flopped' because of 'poor people skills' or 'bad execution'.
(Tasmac Management Review March 2004) Recently Infosys Chairman and Chief
Mentor N.R.Narayana Murthy expressed the opinion that 'our graduates are ill
equipped. India today has over 5.3 million graduates even as industries face
shortage of skilled labour '(Deccan Herald dated 16.1.2006) He also expressed an
opinion that ' 75 pc of engineering graduates are incompetent and unfit to be
employed in IT firms. (Deccan Herald dated 4.1.2006)
So, if you are an MBA aspirant, try answer the question sincerely- 'Is an MBA degree
appropriate for ME?' ' Is the investment made on MBA is related to growing abilities,
developing character, gaining education and training?' Evaluate your alternatives.
Include factors such as the nature of job, job satisfaction and preferred sector of
employment. The critical analysis certainly guides to take a right decision