Will It is Successful if you do an MBA from an Average College
Master of Business Administration
A Master of Business Administration (MBA; also Master's in Business Administration) is a postgraduate degree focused on business administration. The core courses in an MBA program cover various areas of business administration such as accounting, applied statistics, human resources, business communication, business ethics, business law, strategic management, business strategy, finance, managerial economics, management, entrepreneurship, marketing, supply-chain management, and operations management in a manner most relevant to management analysis and strategy. It originated in the United States in the early 20th century when the country industrialised and companies sought scientific management.
Some programs also include elective courses and concentrations for further study in a particular area, for example, accounting, finance, marketing, and human resources, but an MBA is intended to be a generalised program. MBA programs in the United States typically require completing about forty to sixty credits (sixty to ninety in a quarter system), much higher than the thirty credits (thirty-six to forty-five in a quarter system) typically required for degrees that cover some of the same material such as the Master of Economics, Master of Finance, Master of Accountancy, Master of Science in Marketing and Master of Science in Management.
The MBA is a terminal degree, and a professional degree. Accreditation bodies specifically for MBA programs ensure consistency and quality of education. Business schools in many countries offer programs tailored to full-time, part-time, executive (abridged coursework typically occurring on nights or weekends) and distance learning students, many with specialised concentrations.
Doing an MBA should be considered as a professional choice, consider the following:
1. Why do you want to do MBA it's 2 years investment along with high level of capital investment
2. There are more MBA college than primary schools in our country so be careful what you choose
3. Subjects taught under MBA are pretty good which will expose you to business if that's the case you can do an MBA from a decent college and put an effort to learn from your mind.
4. It's all about your attitude MBA is not a sure shot route for great job but this does give you a better perspective to what's happening around you
5. If you have a work experience prior to MBA you will get a better understanding of what professors are talking about and you will be able to relate to the same
6. Don't do MBA just because your peer is doing it it's take a lot of effort to be a successful MBA grad, as it's not always about college you choose it's your attitude that counts
7. If you decide to pursue an MBA then invest some time to prepare yourself to be a successful student and read, listen and learn.
Is it necessary to grab top MBA colleges to succeed in life?
If a degree from a top B-school in India could have been a sole measure of a successful career, then there wouldn’t have been any unsuccessful people around. There is no substitute for hard work, commitment, and dedication and whether you graduate from a Best B-school in India or not, if you have remained focused on your dream, success will come running to you. Most of us will identify ourselves with the character of Aamir Khan in 3 Idiots. There was a famous dialogue in the movie which stole our hearts and it too meant that do not run behind success, do what you want to and success will come running to you. There have been many classic examples of superb failures in life who despite having graduated from the best B-school in India across the globe failed to make their mark in the business world because they didn’t have the business acumen. A tag from a top B-school in India will add oodles of weight to your resume and land you with a heavy paycheck in your first job. But what happens after that is all determined by how you work and how you understand business.
Is an MBA from a top B school the only solution for success?
Having cited some advantages of graduating from a top B-school in India, it would be grossly unfair to undermine the potential that the other institutes across the country hold. Well, there is no shortcut to success and if you think an MBA degree from a fancy college is all that is required for a successful career then you are highly mistaken. Did Bill Gates go to any best B-school to learn the managerial skills or did Sachin Tendulkar spend hours reading the books instead of practising on the field? There is no single definition of what success is and how it can be achieved. Doing an MBA from an average institute can take you places and on the other hand even getting a degree from one of the most sought-after colleges can land you nowhere. It all narrows down on your hard work, perseverance, commitment, knowledge, and strength. Even if the initial paycheck has fewer zeros on the right but ensures you a sustainable and long-term career, what is wrong in sticking to it and working towards the larger picture? Students who come from not very best B-schools understand how tough it has been for them to get at a particular position and thus they don’t just let it go off easily. When life throws lemons at you, the art of making lemonade always helps and that is the secret behind being successful. Cribbing over the fact that you haven’t got into the best B-school in India is of no use, but working hard and capitalising on the circumstances you are in right now can help and this will frame a path on which you should tread on.
Success doesn’t come along with the brand or the legacy you carry. It comes with your dedication and commitment. The more focused you are in achieving your goals, the better will be your growth irrespective of whether you have an MBA degree from a top-notch college or not. Have faith in yourself, remain focused in your life and you will be able to rub your hands over the word SUCCESS!
How is life after an MBA from an above average B school?
It will be highly dependent on what is the economic scenario and the job scenario when you graduate. The first job will be dependent on that. During good times even an average school can land you in a good place. But during bad times, you might have to struggle a bit. But from what we have seen, above average colleges you will face less difficulties in landing a job at least.
However, having said that, if you work hard and keep working towards your end goal be it consulting, finance or anything, you can definitely get there. We have seen people who do MBA from Thapar (which we would say is below average) get into Bain after 2 years of work-ex. So, you might face some hurdles at the start of your career even if you do from an average or below average college, but if you show you had work you can reach where you want to.
After 2–3 years of work-ex post MBA it won’t matter much where you did it from. But what will matter is how well you did in your job and how much you learnt there.
The Colleges never decide your future. If the colleges would decide your future, then Bill Gates, Jamsetji Tata, Dhirubhai Ambani, Sachin Tendulkar would have never been successful in their own field.
So, the Brand of College doesn’t matter; hard work and dedication is what matters.
An Indian business tycoon who founded Reliance Industries.
An Indian pioneer industrialist who founded the Tata Group, India's biggest conglomerate company.
Education Background- Graduated from Elphinstone College
An American business magnate, software developer, investor, author, and philanthropist.
Education Background-Harvard University (dropped out)
@Rumana Maner HR Manager