The article lists down various reasons one should do an MBA and provides practical tips on how to select the right college and course.
Most students join one of the top MBA colleges for the following reasons:
Reasons 1 to 4 are legitimately related to the reality of your past.
Reason 5 is a prediction of the future.
But do we know the future and do we know what determines salaries of an MBA?
The salaries are determined by the ability of the placement cell or your own contacts to approach the right companies.
The salaries are also based on the demand and the supply of MBAs. More the demand, higher the salary. More the supply, lower the salary!!
What determines demand?
What determines supply?
Let us qualify supply in terms of quality and quantity. Fly-by-night operators may offer a cheap MBA, but they also take short cuts in education and placement. Quality is determined not just by the courses offered and the course content, but the quality of the classroom interaction and more importantly, how serious is the faculty member in imparting an education. There are more than 4500 MBA/PGDM programs in the country.
How do we select the right one?
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