Thursday, October 22, 2009

MBA- Mediocre but Arrogant

The title aptly defines what an ideal MBA graduate actually is. Unlike a CA who studies heads & tales of finance for atleast three years, MBA graduate studies a plethora of subjects in a short span of two years, first year of which is spent in learning the basics.But ask a MBA graduate about his expectations, he expects nothing less than a becoming a manager, a challenging job and also a fat paycheck, without really thinking whether he actually deserves it.This brings me to next most important question. What the hell have I actually learnt in these couple of years that a guy already working in the organisation for a couple of years doesnot know? Realistically speaking, nothing much except for making some power point presentations and some fancy terms. In real terms I dont think I will add any real value to the organisation.This brings me to next big question. If the course doesnot add any real value then why did I opt for it? The answer to this question should be answered by the companies that hire people like us and also give them prefrential treatment even at cost of many deserving candidates already working in the organisation. Another cause of concern is that most of the CEOs are themselves MBA from reputed institutes, bieng fish from the same pond, they know exactly what goes underwater. They still choose to promote these MBA whose half baked bookish knowledge acquired haphazrdly are not of much use.But one thing which I believe everyone including critics of MBA degree would agree with is that IQ level of a MBA graduate from good b school is definately a notch higher than a normal graduate or even a post graduate. Majority of bright students either go abroad or do MBA, which explains the reason for higher IQ trend. This also explains the reason for prefrential treatment meted out to these graduates. But if these corparates could stop patronising this degree, then automatically students would also join corporates directly without wasting couple of years. This would be a win win situation for both the parties, companies can train the fresh recruits according to their requirements which they already practice.I do think that this bubble of MBA would also soon burst, but I also believe that some other bubble would also replace it just as easily.