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The Truth About B-Schools
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Re: The Truth About B-Schools - 05-04-2009, 10:54 AM

After reading all this is looks doing an MBA in india (top colleges) is like a self torcher. Its pretty strange that everyone becomes so cunning specially coz at the time of graduation or schooling things are pretty much diffrent.
I Always thought that doing an MBA is something more about team work but reading such post makes me feel that its all about Single Individuals


So does this happen only in india or abroad also ? i guess no coz thier system of education is pretty much diffrent i feel.

Is this the case of all top B Schools in India ? i heard IIMC isnt like this crowd is better


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Re: The Truth About B-Schools - 05-04-2009, 11:20 AM

Let me put down my perspective (which many B-School aspirants also share..mind you I am talking about non IITian , non NITian , working in IT sector junta)...

1. I believe that most important thing missing in my life the brand name of a good engineering college. We have worked so very hard for JEE but still we didnt maanged to crack and land up in some okiesh or F grade college (like mine). and add insult to injury , your school buddies who were same as you managed to crack JEE and are now in a state of bliss...So now your resolve has beecome stringer and you want to make an impact now by making to the top B-school in the country. Now we are working our a** off to make it ...mistakes of past should not be repeated.

2. By default most of us are working in IT (irrespective of our bakground).. so there are really very few people who are really interested in doing this IT work...for most of us MBA is an escape route form IT industry. (purely personal opinion ...)

3. The reputation which IT job used to command few years back had dwindled down very fast...calll it Infy TCS factor (They recuit even BSC grads...) , everyone in the society feels that anyone can manage to work in IT its not a big deal. So keep away from the crowd one feels MBA could be a way..(Also it helps in marriage....to find a good life partner)

4. Lack of alternative: Its very fashionable to say have a back up option or look for other alternatives..but apart from our IT job I doubt there exists any alternatives.. If not MBA them what Mtech ? MS ? most of us shudder at the very thought of going for a technical course again . Its simply not possible...

5. The age factor : ( Although many would not agree...) see in general if there is gap year after 12th the age of a person after btech is 23 years add to that two years of workX 25 add to that 2 years of MBA 27 again add to that two year to get use to new job , new environment..29 years at least in my jain community is not the desireable age to marry..(my bro got married at 24 ...)

6. The M factor . yes the filty lucre...one may use jargons like job satisfaction..but the bottom line is that one needsa fat paycheck. We do talk about job satifaction but how many of us are going to take a pay cut , few of us may take 10percent but if offered a cut of 50 percent and job satisfaction , few would take that and while we may say at forums like pg that we ready to accept that.. but in actual we wont do that. MBA as a course does offers you a fat paycheck at the end of the day. Few other courses af that kind of capability.

7. Lack of availabity of good institutes like IITs and IIMs . I feel India lacks a large no of good colleges. few odd thousands seats for such a young country, Com on PM sir Comeon HRD sir , rise above pitty issues of reservation , increase the no of governemnt colleges (Thankfully you have started the process) but still a lot needs to be done , these pvt. institutes are sucking our blood.

8. So all these reasons together makes us go for MBA . While ending the post I would like to put a personal opinion regarding IITians going for MBA (specially at IIMs) With due respect all the IITians bonds have enjoyed world class faculty and infra paid for by the tax payer of the country for 4 good years of their life , I do not know why they want two more years for that again,,,(I do not wanna offend any one and wont indulge in debate regarding this...)

9. Lastly for all those who know hindi there is a Khafat in hindi

"MBA ek aisa laddu hai jo khaaiye woh pachtaye aur jo naa khaaye woh bhi pachtaaye.."


So alll the seniors its not possible to backtrack from this holy path of MBA. Either we will get our holy grail or we will become one....



My Struggle has just started again
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Re: The Truth About B-Schools - 13-04-2009, 08:20 PM

Quote:
Originally Posted by jain.er View Post
Let me put down my perspective (which many B-School aspirants also share..mind you I am talking about non IITian , non NITian , working in IT sector junta)...

1. I believe that most important thing missing in my life the brand name of a good engineering college. We have worked so very hard for JEE but still we didnt maanged to crack and land up in some okiesh or F grade college (like mine). and add insult to injury , your school buddies who were same as you managed to crack JEE and are now in a state of bliss...So now your resolve has beecome stringer and you want to make an impact now by making to the top B-school in the country. Now we are working our a** off to make it ...mistakes of past should not be repeated.

2. By default most of us are working in IT (irrespective of our bakground).. so there are really very few people who are really interested in doing this IT work...for most of us MBA is an escape route form IT industry. (purely personal opinion ...)

3. The reputation which IT job used to command few years back had dwindled down very fast...calll it Infy TCS factor (They recuit even BSC grads...) , everyone in the society feels that anyone can manage to work in IT its not a big deal. So keep away from the crowd one feels MBA could be a way..(Also it helps in marriage....to find a good life partner)

4. Lack of alternative: Its very fashionable to say have a back up option or look for other alternatives..but apart from our IT job I doubt there exists any alternatives.. If not MBA them what Mtech ? MS ? most of us shudder at the very thought of going for a technical course again . Its simply not possible...

5. The age factor : ( Although many would not agree...) see in general if there is gap year after 12th the age of a person after btech is 23 years add to that two years of workX 25 add to that 2 years of MBA 27 again add to that two year to get use to new job , new environment..29 years at least in my jain community is not the desireable age to marry..(my bro got married at 24 ...)

6. The M factor . yes the filty lucre...one may use jargons like job satisfaction..but the bottom line is that one needsa fat paycheck. We do talk about job satifaction but how many of us are going to take a pay cut , few of us may take 10percent but if offered a cut of 50 percent and job satisfaction , few would take that and while we may say at forums like pg that we ready to accept that.. but in actual we wont do that. MBA as a course does offers you a fat paycheck at the end of the day. Few other courses af that kind of capability.

7. Lack of availabity of good institutes like IITs and IIMs . I feel India lacks a large no of good colleges. few odd thousands seats for such a young country, Com on PM sir Comeon HRD sir , rise above pitty issues of reservation , increase the no of governemnt colleges (Thankfully you have started the process) but still a lot needs to be done , these pvt. institutes are sucking our blood.

8. So all these reasons together makes us go for MBA . While ending the post I would like to put a personal opinion regarding IITians going for MBA (specially at IIMs) With due respect all the IITians bonds have enjoyed world class faculty and infra paid for by the tax payer of the country for 4 good years of their life , I do not know why they want two more years for that again,,,(I do not wanna offend any one and wont indulge in debate regarding this...)

9. Lastly for all those who know hindi there is a Khafat in hindi

"MBA ek aisa laddu hai jo khaaiye woh pachtaye aur jo naa khaaye woh bhi pachtaaye.."


So alll the seniors its not possible to backtrack from this holy path of MBA. Either we will get our holy grail or we will become one....


Dude the Age Factor ws the coolest one!!!!!
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Re: The Truth About B-Schools - 27-04-2009, 07:20 PM

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Originally Posted by GildroY View Post
[1] If the stay at an MBA college is so much of a pain, frustration lacking any value addition as such then why so many people and specially those already working and happily married to the jobs go for this 'Gold Rush'.
That's a good question. I believe it's because the hype created about the IIMs carries forward on to the whole concept of MBA as such. All sources of hype, such as newspaper, TV, educational supplements always talk of MBA as a way to get rich quick. But all these hypothesis are based on the sole examples of successes at the IIMs and other top b-schools. Journalists don't have the time to research each and every b-school in the country and put out the truth. So what's the net impression put out? That MBA is a get-rich-quick degree.

However, I must add that an MBA degree does speed up your career. Certain positions in the company are only open for people with an MBA. But even within MBAs, companies have differential pay. For the same position and profiles, graduates of top schools are paid several notches higher than those from lower schools.

Secondly because in a country like India, MBA is sometimes a finishing school. ie, that is the least degree you require to get a first job. Eg in my town of origin Bhopal, a BA or BSc degree can only get you clerical, teaching, government or basic administrative type jobs. So MBA is a popular option because it is a minimum requirement to get into the private sector in slightly higher paying jobs.

Like somebody mentioned correctly earlier, for a lot of people, there is no choice but to get into an MBA because without one, there're hardly any fast-track jobs out there.

The money part (Gold Rush) exists only in the top schools. Below that, MBA graduates get in-hand salaries of Rs 15,000 - Rs 25,000 only in the beginning.

Of course as someone mentioned, all that maverick or I wrote is just meant to be a reality check and not an argument against joining b-school. It means - "A b-school is mostly not as rosy as the society projects it to be. When you join one, join with the knowledge that it's not all a get-rich-quick party and there are several other compromises attached. Don't get disappointed later."
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Re: The Truth About B-Schools - 27-04-2009, 10:20 PM

Any other B school students out there...please share your experiences....I for one agree completely with the mba for money funda...but what does one do...roti(tandoori) kapda(branded) makaan(south delhi me) gadi(audi) to chahiye na.......they say make a career out of what u like....well i like playin computer games,cricket n basketballl....i would like a job on discovery/nat geo( gettin paid to roam around the earth)....but such things dont happen to mere mortals like us...do they?As said by evry1 i too ve heard that you dont make many gud frnds in mba like we all did in our graduation days....[Scared i am of this B school thing.....i am an utterly lazy person ]Lets see wat happens....Amen


Upneet Grover
FMS(MS)
2009-11
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Re: The Truth About B-Schools - 28-04-2009, 04:38 PM

Quote:
Originally Posted by jain.er View Post
Let me put down my perspective (which many B-School aspirants also share..mind you I am talking about non IITian , non NITian , working in IT sector junta)...

So alll the seniors its not possible to backtrack from this holy path of MBA. Either we will get our holy grail or we will become one....
hey man you have written really well.
Whatever written presents the true picture about the situation of an typical Indian IT Male.I guess for them MBA is the only route available to redeem themselves from their failure to qualify JEE and also to escape the IT life.
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Re: The Truth About B-Schools - 12-05-2009, 03:25 PM

Quote:
Originally Posted by jain.er View Post
Let me put down my perspective (which many B-School aspirants also share..mind you I am talking about non IITian , non NITian , working in IT sector junta)...

1. I believe that most important thing missing in my life the brand name of a good engineering college. We have worked so very hard for JEE but still we didnt maanged to crack and land up in some okiesh or F grade college (like mine). and add insult to injury , your school buddies who were same as you managed to crack JEE and are now in a state of bliss...So now your resolve has beecome stringer and you want to make an impact now by making to the top B-school in the country. Now we are working our a** off to make it ...mistakes of past should not be repeated.

2. By default most of us are working in IT (irrespective of our bakground).. so there are really very few people who are really interested in doing this IT work...for most of us MBA is an escape route form IT industry. (purely personal opinion ...)

3. The reputation which IT job used to command few years back had dwindled down very fast...calll it Infy TCS factor (They recuit even BSC grads...) , everyone in the society feels that anyone can manage to work in IT its not a big deal. So keep away from the crowd one feels MBA could be a way..(Also it helps in marriage....to find a good life partner)

4. Lack of alternative: Its very fashionable to say have a back up option or look for other alternatives..but apart from our IT job I doubt there exists any alternatives.. If not MBA them what Mtech ? MS ? most of us shudder at the very thought of going for a technical course again . Its simply not possible...

5. The age factor : ( Although many would not agree...) see in general if there is gap year after 12th the age of a person after btech is 23 years add to that two years of workX 25 add to that 2 years of MBA 27 again add to that two year to get use to new job , new environment..29 years at least in my jain community is not the desireable age to marry..(my bro got married at 24 ...)

6. The M factor . yes the filty lucre...one may use jargons like job satisfaction..but the bottom line is that one needsa fat paycheck. We do talk about job satifaction but how many of us are going to take a pay cut , few of us may take 10percent but if offered a cut of 50 percent and job satisfaction , few would take that and while we may say at forums like pg that we ready to accept that.. but in actual we wont do that. MBA as a course does offers you a fat paycheck at the end of the day. Few other courses af that kind of capability.

7. Lack of availabity of good institutes like IITs and IIMs . I feel India lacks a large no of good colleges. few odd thousands seats for such a young country, Com on PM sir Comeon HRD sir , rise above pitty issues of reservation , increase the no of governemnt colleges (Thankfully you have started the process) but still a lot needs to be done , these pvt. institutes are sucking our blood.

8. So all these reasons together makes us go for MBA . While ending the post I would like to put a personal opinion regarding IITians going for MBA (specially at IIMs) With due respect all the IITians bonds have enjoyed world class faculty and infra paid for by the tax payer of the country for 4 good years of their life , I do not know why they want two more years for that again,,,(I do not wanna offend any one and wont indulge in debate regarding this...)

9. Lastly for all those who know hindi there is a Khafat in hindi

"MBA ek aisa laddu hai jo khaaiye woh pachtaye aur jo naa khaaye woh bhi pachtaaye.."


So alll the seniors its not possible to backtrack from this holy path of MBA. Either we will get our holy grail or we will become one....
Hey brother, when I read your writeup recently, I felt like robbed of my autobiography; resemblance to such an extent is comical.

It is great that you are deriving your motivation out of the down turns of life (I will not call them failures), but just a word of caution for you: don't take competitive exams too seriously, but do take them sincerely. One can always have stories - failures, good luck, hard luck etc, but if you judge yourself based on them, it can be terrible, can shake your confidence and can make you doubt your capability.

But it was a good read and close to reality for me as well [].


2007: Hardcore Coder ... C# .NET developer.
2007-08: Disappointed by the IT Industry.
2008: Paradigm shift - CAT 2008
-----------------------------
CAT 2008: 91.59% - no calls
-----------------------------
Bookworm .... : http://anshuljainblogs.blogspot.com/
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Re: The Truth About B-Schools - 27-06-2009, 09:09 PM

Hi,

I liked the every post here a lot. Liked the point, pointed out.... saying the view is just a reality check,.... very well put.

Like to give some of my views . I would say that even when you work in an IT indusrty...you cannot expect to make friends and stuff and expect it to be college like envionment. You would be lucky to get some real friends.

Well, I would say when One joins a company or an MBA, the objective must be clear..when in work...do your work...when in MBA ....gain knowledge..and understanding...all the other stuff is just complementary and supplementary....don't make the other stuff important...let the other stuff happen ...and not try to make it happen....

It is similar to that story... many of us IT guys might have got in one of those forward mails....where a professor...tuns up infront of his students with an empty glass jar...puts in pebbels...fills the jar...asks students ...can anything go more inside jar....students say no....then fills the empty spaces with....small stones....asks students ...can anything go more inside jar....students say no....then fill the empty space with sand........asks students ...can anything go more inside jar....students say no....then pours..in a cup of coffee...PEBBELS SIGNIFY FAMILY AND FREIENDS.....SMALL STONES...WORK & RESPONSIBILITY......SAND SIGNIFYS.....OTHER STUFF......LUXURY LIVING ..... LIFESTYLE .... POPULARITY ... ETC.... if u put in sand first ...there will be no room for pebbels.....

so prioritize...what is important to you....for those who do not know the complete story might be thinking...what does coffee signify...well it says...however much your life if full...there is always space for a cup of coffee with a friends...and loved ones.......

Hope....this post did not waste ...your time.....I would say...get emotionally involved with the MBA course... and not it's environment....

one will meet the same and similar kind of people with whom, we have studied in our MBA...so this place could be taken as the learning experience with our future peers....

I had the similar kind of eperiences when I joined the IT... What brought about my redemption was detatching myself emotionally from the environment and the people around me...

But still.... I would say...that there are lot of smart people out there.....we can learn a lot from them..... the way it is done...depends...

All the best ....to all of us..........

CAT 2008 (94 %)...hoping to make it big.....this year.....
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