Is it worth

iamalsovijay · **Is it worth -** 17-02-2005, 08:14 PM

Hey CAT flunkies (me too included)

:

Big Q in my mind all through Feb after bad da performance in CAT (97%le) :

IS MBA FROM A LESS THAN 10th RANKING INSTITUTE REALLY WORTH IT

:

I mean a work ex of two years would fetch u more salary and knowledge than any average salary at the less than 10 rank institutes. Beleive me there are guys who quit nice jobs for a mba and ended up with a pay pack less than what they had 2 yrs ago.

Upon that we end up spending half a million. What's the edge we have? Is it all just hype like the dot com boom?

So is it better to wait for a year more? Get back to work? Try for GMAT?

_______________

Knock. Knock. Knocking on the heaven's door.

servo · 09:10 PM

Quote:

Originally Posted by iamalsovijay

Hey CAT flunkies (me too included)

:

Big Q in my mind all through Feb after bad da performance in CAT (97%le) :

IS MBA FROM A LESS THAN 10th RANKING INSTITUTE REALLY WORTH IT

:

I mean a work ex of two years would fetch u more salary and knowledge than any average salary at the less than 10 rank institutes. Beleive me there are guys who quit nice jobs for a mba and ended up with a pay pack less than what they had 2 yrs ago.

Upon that we end up spending half a million. What's the edge we have? Is it all just hype like the dot com boom?

So is it better to wait for a year more? Get back to work? Try for GMAT?

_______________

Knock. Knock. Knocking on the heaven's door.

Dude, are you kidding me? You mean it isn't worth doing an MBA from after the top 10? In a country with a crowd >2 lakh MBA aspirants you mean even the top 2000 are not good enough?
I think it is time people realize that we have to accept that there are just around 1200 seats in top 10, so it is only realistic that not everyone would be lucky. But having said that, joining something in top 20 is not at all a wrong proposition. They too are good enough, without doubt. And the point is not that the people in places 10-20 are not good enough, but that the seats were less. Appreciate that fact yaar. Your point about the salary applies to colleges >25

So, make that number top 20, and not top 10.

I personally feel, this is a redundant discussion. Mods please lock this thread.

**uRmad** · 17-02-2005, 11:30 PM

Quote:

Dude, are you kidding me? You mean it isn't worth doing an MBA from after the top 10? In a country with a crowd >2 lakh MBA aspirants you mean even the top 2000 are not good enough?
I think it is time people realize that we have to accept that there are just around 1200 seats in top 10, so it is only realistic that not everyone would be lucky. But having said that, joining something in top 20 is not at all a wrong proposition. They too are good enough, without doubt. And the point is not that the people in places 10-20 are not good enough, but that the seats were less. Appreciate that fact yaar.

And also high time that people realize that an MBA, in no dictionary, translates strictly into a higher paying job !!! There are lots more that go into why one goes thro' an MBA, i.e. if he/she has thought over what they want from the course..True, money is "a" factor, but it is definitely not the "only" factor.....Hightime indeed that the hype around the three lettered word is reduced...guess the other discussions goin on furiously on some other thread on CTC figures, day x slot x placements, x hour placements and this are all indicative of the kinda extent to which the program is hyped....Wake up guys....

Cheers

RISHI82 · **Hey guys! -** 17-02-2005, 11:53 PM

11th rank is ok 101 rank wont do

but i wud like to give my opinion though:
......i believe its the individual research on the institute as well as WHY MBA question? all need to be satisfied for an INDIVIDUAL to make this decision.He may be looking for value addition,money and/or career growth or all of em.depends on how he sees his current situation and how he can see himself as a fit with the instis of his choice. some of us(including me) may purely go by brand which is very much a reminder of the IDOL WORSHIP mentality of Indians ..for them its IIMs or nothing which explains a large no. of droppers for cat.I am not saying IIMs r not gud enuff but the issue is when somebody doesnt join MDI coz he cudnt convert IIML - i think is quite stupid coz I know that person i can say he was just an avg guy looking for a big career and good money 4 which an mdi wud have bn decent enuff a choice but then peer pressure and IIMs ka chamak damak got to him and he left mdi to prepare again for cat.this time he has no calls....!!!!i can bet there are many who r just not rational about making their choices.

Please be RATIONAL!!!!

trust me than insti may be ranked 25 by some ****** poll but if that insti is relevant to the individual, he she wud apply.I myself m frm VJTI where many of friends(peer pressure) wud never apply to anything less than an IIM and wud think of me really foolish to b applying to scmhrd. I am still ok in applying to all instis from scmhrd to imt to ximb to mdi n luckily although they were my backup option they became my main goal(thanx to the cat debacle)......i have applied to 16-17 instis in all because for me MBA was a goal and from a gud enuff instis. Rest i am sure i will chart my path.

think...!!
regards

Jormund Elver · 17-02-2005, 11:53 PM

I agree with uRmad, there are a number of reasons why one would want to do an MBA and correspondingly many factors that have to be taken into consideration in choosing the Institute.

If you have a good workex you might set your targets higher since you'd expect to come out of the MBA Course with a better pay package. At the same time a fresher would have a different set of priorities. Again, you have to see where it fits in with your plans and what options are open to you if you do not choose to take up an MBA at that point in time.

As for the talk of Top 10 and Top 20, that again is a contentious issue. Every magazine has its own ratings and blah blah so how would one objectively say "Thus far and no further".

The right thing to do is to adequately informed of the schools you're applying to, and of what you want and expect from the course.

Sanchayan · **Suggestion -** 18-02-2005, 07:07 AM

I guess, it actually boils down to what "worth" really means for you?

And, when you talk about ranking, I think, you should have your own ranking based on your research, your perception and your requirements.

Sanchayan.

mbabuster · **Rankings -** 18-02-2005, 10:37 AM

hi,
I am also working for the past two years in the industry and can tell u that u will fetch a much better salary to continue working rather than MBA. If u wanna join MBA just to increase u r sal ( i.e. to get better ops in life ..) i think going outside the top 10 is not a good option .If u don't get better to try agin next yr , meanwhile since u continue working u chances next yr become better .Personally i this time wrote CAT and applied to only IIMs,SP,XL ... if i don't get thru then will try again next yr ... but i don't think the other institutes are worth it ..

Quote:

Originally Posted by iamalsovijay

Hey CAT flunkies (me too included)

:

Big Q in my mind all through Feb after bad da performance in CAT (97%le) :

IS MBA FROM A LESS THAN 10th RANKING INSTITUTE REALLY WORTH IT

:

I mean a work ex of two years would fetch u more salary and knowledge than any average salary at the less than 10 rank institutes. Beleive me there are guys who quit nice jobs for a mba and ended up with a pay pack less than what they had 2 yrs ago.

Upon that we end up spending half a million. What's the edge we have? Is it all just hype like the dot com boom?

So is it better to wait for a year more? Get back to work? Try for GMAT?

_______________

Knock. Knock. Knocking on the heaven's door.

Aviator! · 18-02-2005, 12:46 PM

HELLO well is the question right ??? i mean ,shuldnt d question b "is an MBA from a more than 10th rank instt worth it?? " ...
Usually a less than 10th rank instt IS worth it... n the 10 toppers are ones own judgement from the cumulative info from a plethora of polls n opinions from business magazines n opinion of relevant junta as a whole.. nai?!
OR is my english wrong in putting forth d above??... 1 confusion n quite against what i'm saying is pointing to an instt n saying" it has less ranking" as in its a topper? or as in-
its hanging in thr by d tail??
correct me plz
regards,

popeye · 18-02-2005, 01:09 PM

Even I am confused.
The guy is talking about top 10.
But what is that TOP 10????
If you see any magazine all have their own versions of TOP 10. Even aspirants have their own versions.
Leaving aside IIM(A,B,C),XL all institutes feature in TOP 10 of one or the other publication.

IIM(A,B,C),XL are regular ones.
Leaving aside above institutes it finally boils down to which institutes are positioned as TOP 10 in your mind.
The ball is in your cot!

Cheers

mbabuster · **top 10 -** 18-02-2005, 01:45 PM

hi,
i think the people are right , the top 10 are not in the rankings , most colleges are present in most top 10 lists ..
as for i am concerned , this is the institutes worth applying to ..( no rank )

1 All IIMs
2 XLRI
3 SP Jain
4 ISB
5 MDI
6 NITIE
7 IIFT
8 FMS

the above are my top colleges worth applying to ..( though i did'nt apply to the last 4 this yr and ISB i did'nt apply because of lack of at least 3 yr exp ).