Hi, I think this is one question that is faced by most of the aspiring MBA's.For that we need to understand that MBA as a course was designed for professionals in their late twenties who either needed a career shift from technical to management side, or for those professionals who needed to enhance their skill sets for managerial posts.The key word here is 'professionals'.Over the years MBA has become an option to get fat pay slips early in ones career. Also MBA is a very general course so it's always better for fresh gradute's to work for few years,atleast an year or two and get their basics right,apply whatever they have learned and get to know a few things about the industry.For instance an engineer can learn about how projects are executed,a commerce graduate can learn about processes in financial institutions and so on. Also few years in industry can help one to be more clear about ones goals and areas of intrests.In short a few years of work-ex can definately be a plus point when doing an MBA.All the best.
Work experience is a blessing for any individual wishing to study further or higher besides only an employer who offers a job subsequently to successful completion of any course, which make his selection job easier. However ruling out that a student could study an MBA program without experience is rightly debatable.
Understanding the fact that different reputed Institutions across the globe select students on academics and work experience demand varied number of years besides only 'relevant' work experience. How about a student waiting for two years, would the question be ruled out whether the student should wait until a better School whose known only to produce better students (turned employees) offers an MBA after 3 to 4 years? And what if 'finances' raise a question of pursuing a second Masters after the previosuly studied MBA?
The dilemma and the debate should be taken by a positive stride. The bottom line is 'the students will have to prove themselves'. If at the undergraduate level, they had thought that they are better than most, they should further their MBA study decisions immediately. Bill Gates was a Harvard drop out. What if he preferred continuing his studies?
Hi Shalin, i m myself an MBA aspirant i was intially thinking of doing mba just after college with a 1 yr prep but while preparing 4 entrance i was totally unaware of importance of work ex. most coll dont state the importance of work ex. but during gds n pi they r sidelined 4 a guys with n also during placements 1 with work-ex (normally 2-3 yrs work-ex is ideal) gets better packages compared 2 freshers. even 1 cant predict whether s/he would crack entrance in first attempt so its preferable 2 try cracking entrance exams along with ur job. so u r aware of my suggestion to u, ya would b to get a good job , agood job means job relatimg with ur graduating field. so all d best n take descision that u seem right.
Work-ex is good. Many cases you take up a good job and the monthly amount which comes to your hand and joy of corporate life may deviate you from completing your MBA. So take care not be out of focus.
Therefore it is sometimes advisable to take up MBA immediately after graduation particularly if you come from non-commerce background.
I am a Commerce Grad from Badruka, completed graduation in 1992 after completing my graduation I got myself employed in a company alongwith it I enrolled my for distance education M.com and I passed in 1998 and after that I enrolled for MBA Distance Edn passed 2003 working in Hindustan Sanitaryware Ind ltd. I could get through just because I was having good work exp which helped me a lot, now I am waiting for reputed consultants who has good offer for me.
In my career spanning nearly 35 yrs and about 15 of those in top mgmt slot, I have hired as well as tought in B-Schools as a visiting faculty. It is my considered opinion that students who have had 2 to 3 years work exp. in professionally managed and progressive organisation are in a better position to understand and appreciate the MBA Programmes/ courses, particularly the case studies and lectures delivered by the visiting faculties from industry. These students when they go out to the job market are in a better position to impress the interviewers with their more practical approach to problem solving. Subsequently also they move faster in the organisation and there are plenty of such examples in big global consulting firms like Mckinsy, BCG etc.
I agree with the professor. I am working in a call Center as a Manager and I have done my MBA. While I was studying I could not relate many things to the partical situations due to lack of experience. Now when I am getting exposure, I have recolelct all the concepts I studied and it is really diffuclt. If you have experience then you can relate the subject very esaliy and can have a better career.
Many of my employees joined our organization after their graduation, few of them quit job for higher studies and got very good opportunitites. Few of them continue to work and then selected to study from XLRI. Degree from XLRI is preferred everywhere. Soon after completeting MBA they got very good offers in MNCs.
MBA for freshers is much difficult than MBA for an experienced one. What you learn in MBA is completely practical and that requires complete understanding of organisational functionality and industry.
If you are joining the MBA immediately after graduation then you are loosing the current oppurtunities and you will regret that after 2 years when you come out with a MBA and still no work Ex.
But if you able to get into work then you will have financial bakup and work ex which can make your dream come true.
Yes correspondance MBA is costly if you think about europian or USA degrees but they will give very good understanding of industry.
All the Best!!
After all joining a MBA is decision has to be taken by individual based on the home and economic situations and at the cost of loosing the current oppurtunities.
