I have seen many people who keep writing in these forums that Gates is a drop out, Ambani is a drop out etc etc and so u don;t need a MBA and stuff. Well, I think this is a human mentality of the tune of "grapes are sour". Since you find it difficult to clear cat and get to IIMs or clear JEE and get to IIT, u satisfy urself telling these things. Look at urself and see where u stand. An MBA may not make u a Gates or an Ambani but it certainly takes u closer. The amount of dropsouts being an Ambani or Gates is 0.1% while a MBA being a Narayan Murthy is 15%. Any logical person can surely see the advantage of an MBA from the top institute from this numbers. i.e Take all top executives and directors, get the ratio of this w.r.t drop outs and get the same ratio w.r.t MBA from top institute and u have this percentage. I do agree there is a one in million who reaches the top with no degress, but trust me its just one in a million. The remaining needs to get some education to put him in the global map.
RE:How important is a MBA to succeed
by Vaseem Ashraf on Sep 12, 2007 02:10 PM Permalink
Dear Vinod...
You say "Grapes are Sour".
I would disagree with your point of view to an extent.
Most of the candidates who prepare for CAT and other MBA exams, I have observed, are not made for being a future manager. However, they end up becoming one !
Little do people realise that MBA may not be their career path. They might have excelled somewhere else in life, for example, they might have become great scientists or teachers.
I have interacted with few IIMs pass outs and after talking to them I felt that they are not exceptional, as they are made to be believed. They are simply average or above average people who have worked hard for the exam at the right time and with the proper guidance. This does NOT mean that people who have not qualified or appeared in the exam are inferior to the ones who have qualified.
Moreover, its not all about the money honey !
People have varied interests and choices and NOT all people are going after the corporate world. Such people have carved out a career path for themselves with which they feel completely satisfied; even if they have the capabiltiy of qualifying the CAT or other MBA exams.
But people who have the flair and potential of becoming good managers should definitely aspire to do MBA from a reputed institute.