Experts dispel common myths about MBA programme
R. RAVIKANTH REDDY
Master of Business Administration (MBA) is not a certification for a job but a process to equip the candidates with a set of skills to emerge successful in employment. Busting the myths that an MBA degree provides you with a cushy job, speakers at a seminar ‘Emerge MBA 2011' made it clear that it is not the degree that is important but what one learns from it.
An MBA school essentially creates an environment where different minds come together to discuss, debate, analyse and learn from that experience to be applied in businesses later. This was the crux of the message sent across to the participants at the seminar organised by The Hindu-EducationPlus in association with United world School of Business at the FAPCCI in Hyderabad recently.
Explaining the relevance of MBA, V. Rajanna, vice-president and regional head, Tata Consultancy Ltd., said the growth of IT sector has created more businesses and thus the need for more managers. The world market needs new business models now and this is where the role of quality MBAs comes in. With new sectors for businesses emerging after the IT revolution the need for good managers who think out of the box has grown.
He said businesses depend on sales, marketing, intellectual capital, execution of ideas and people management and a good MBA course essentially provides the learners with tools in these dimensions.
Tridibesh Bandyopadhyay, director, United World School of Business said the country needs huge pool of trained managers to maintain the expected 9 per cent growth rate. Though the country is producing thousands of MBAs every year less than 25 per cent of them are employable.
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