i dont disagree with that all i'm saying is that they give their
students all experiance wether it be risk or pressure or ne other for
that matter it all as u said the pupil is himself scared to take risk
the fear is always their i never disagreed with that and also a risk is
taken when there is a 50 -50 chance if you invest ur money in a lost
cause u cant say u r taking a risk and no i'm not an mba
www.halwasiya.uni.cc
“Wining is not everything, it is the only thing”
I would agree with your last statement but the point is if MBA grads could take risks why is it that only <5% of them take up careers as first generation businessmen. Clearly one would have thought that since they earn let us say 10 lacs p.a their employers will extract 20lacs from them otherwise why will any one give you that money and the best part is some body who does not do an mba gets into business because his father has set it up from him. The exact reverse thing should be happening. An MBA should add value as an entrepreneur whereas some body without knowledge and exp. should be working for some one else.
well most of the indian management institutes do not take experince as
an eligibility critaria ( thank heavens on more of a personal note) so
i belive its a good idea to gain some experiace b4 u get into business
arena as an entreprenure and secondly we must also take into account of
pressure from parents which forces most of the students not to venture
into unknown territory, thirdly most people take loans to finance their
higher education and its repayment also add as an extra burden on them
again if any one gets out of these binding there might be problem in
securing finance financial institution may not help u just because you
are an MBA there are lot of issues that a person has to face and
chances are they'll give in. its basically the mind game that forces
them t react in such a way and lastly i'm sure that no one will like to
employ someone without knowledge or experiance to make decisions their
post in the corp world which have decisionery powers
www.halwasiya.uni.cc
“Wining is not everything, it is the only thing”
Right. but finally the point is that MBA's should be adding more value, getting into newer businesses rather then following some one else. IF 10 IIM grads get into new businesses each of these can add a further number of people to employment and GDP could go up but if all 10 join some existing company then the value creation isn't that significant you see...
Joined: 01/Jan/2006
Location: India
Online Status: Offline
Posts: 18403
Posted: 17/Jul/2006 at 9:19pm
Do you mean to suggest that 10 M.B.A's working in one company will add less value compared to all these 10 workin in different start up companies?Is this not a generalised statement of sorts or have you seen anything like this before.
you also need to look wether the demand for MBA's are falling or rising
and the increasing paycheck solves this particular query if MBA"s were
not adding value then why are they so much in demand the salasry of an
mba from india has gone to a level high of INR 10000000
www.halwasiya.uni.cc
“Wining is not everything, it is the only thing”
Yes MBA's are adding value but that the value that they are adding is far less then what they could have added in case they started a business.If some one gives them 1 million rupess then he would extract a work for 2 million from them. The additional 1 million our budding management grad loses because he does not want to take on risk and prefers to stay protected.
You cannot post new topics in this forum You cannot reply to topics in this forum You cannot delete your posts in this forum You cannot edit your posts in this forum You cannot create polls in this forum You cannot vote in polls in this forum
Here's why members would love to be a part of theequitydesk.com
Equity Desk focuses on why to buy shares and invest in share rather than what to buy.
Live discussion forum wherein members can discuss the current Indian share Market trend,
BSE Sensex or the Nifty Index.
Have huge cache of information on Indian and World Share Market.
Analysis of Indian stock market, Global events, Investing insights, portfolio
management strategies and thoughts,
Meet investors from round the globe check their investing strategies share experiences and learn
for their experiences on stocks and shares, evaluate opinions on investing in India.
Active Topics
Memberlist
Calendar
Search
Help
Register
Login
Topic Closed)
IP Logged
