MBA Informer, All you should know about MBA in India.

Showing posts with label MBA Degree. Show all posts
Showing posts with label MBA Degree. Show all posts

June 18, 2016

MBA Course on Smartphone, But Will it Lead to a Job

 With the rapid growth of E Learning and courses available online, the value of global e-learning market ha s been estimated to be £70 billion in 2015, from £20 billion in 2010, and the fastest growing markets are India and China. 
MBA online course has been in market fulfilling dreams of several aspirants to have MBA degree. But, what if we say that MBA IS ON SMARTPHONE now. 


Yes, London School of Management has recently launched its MBA program for smartphones. It includes MBA in business studies, and a Masters and two undergraduate courses in the same subject. Its first of its kind of course being offered on smartphone. 


How MBA on Smartphone Course works : 
The course uses an online platform offering students direct access to tutors and learning material via mobile device, allowing them to study whenever and wherever they want.

Launching Mobile based MBA Course in India : 
 Though LMS has launched this course in India as well, however in Indian context, there might be some issues like, trust deficit regarding fee payment, content delivery, credibility and the fact that there is no physical contact point. 
Though Local Access points has been set up by LMS around the world, including 48 in India and 61  Recognised International Business Development Partners (RIBs) across the globe to ensure that students have a physical touch point should they need any sort of administrative support. This means students in India can earn a British MBA, from the comfort of their homes, and without any insecurity of credibility and reputability, asserts Paul Penman, founder & CEO, LSM.

Another feature of Mobile bases MBA degree is "Click and Brick". With this feature, students can meet, study together and enjoy access to our experts. No doubt, earning a British Degree, while sitting in India will save a lot of money of students, spent in traveling and living. 

Fee : 
Fees for bachelor degrees range from £4,950 to £6,250, while those for masters range from £3,950 to £7,950.

Controversy : 

Use of technology in higher education classroom has always been a controversial issue.  Parents, teachers, policy-makers and students alike have weighed and argued the potential benefits versus the risks associated. Lesson planning can become more labour-intensive with technology, but the fact is that we live in a digital world, where the class has instant access to information that can supplement their learning experience.

However, even this smartphone MBA isn’t really inexpensive, considering the fact that we don’t really know how employers will respond to such a course. 

Source : Finance Express
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June 2, 2016

MBA Degree - Its Not Job Insurance

I have encountered many MBA aspirants as well as MBA Grads in various B-Schools, who think that, getting an MBA degree is likely to have a job insurance. 

I found most of B-School Undergraduates, living in a myth that the day they will complete their MBA, a lucrative job will be waiting for them. 

Also Read : How to Get Internship at Google

Most of them were pursuing MBA only because as a graduate, they were unable to get a job and some one told them ( Most of the times the B-School Representative) that with an MBA degree getting a job would not be more than a piece of cake. 

Not only this, they consider MBA as recession proof. "With an MBA degree, I will never be kicked out of my job, always get a paycheck and will never have to be worried about job hunt," they think. 



Well, my dear MBA aspirants, let me correct you. 
The truth is, having an MBA degree is not like getting a job insurance. So stop considering it that way. MBA graduates also become unemployed. In case if they are not from top 20 B-Schools, most of them stay unemployed as well unemployable. With rise and fall of economic cycle, the graduates from top MBA colleges get affected as well. 

You will have to struggle to get and then sustain your job sometimes. I have found a lot of MBAs ( unemployed ) working as freelancers. They prefer to call themselves as consultants ( a better word for society) but actually they are unemployed and doing whatever they are getting their hands on. 

The most important thing that you must understand that,  the job market for MBA graduates is very unevenly distributed. I can say that the job market is not very fair to the B-School graduates, neither the B-Schools not the MBA course itself have been.

I could never understand, why an MBA needed to be a B-tech. Even why B-techs are allowed to appear in management course admission test like CAT etc. Engineering courses never accept graduates from other streams. So, with every one doing MBA, it increases the competition itself. 

Earlier, it used to be simple graduate to be qualified for a job and MBA was considered as a higher / special qualification. With time, MBA has become a must have qualification to land for a job paying Rs.8000 to Rs. 10000 per month.  

Worse, the number of job opportunities for MBA graduates is also very very limited to the industry you chose after b-school. 

So, if not MBA, what do you need to have a job. All you need is to have ability. Its all about your potential ability. No doubt degree helps you to appear in an interview but look closer, even to get admission in top B-Schools, candidates need to have higher academic scores along with job experience. The market is more cruel to the experienced folks. 

If you are experienced and the economy hits your industry, you will get a blow too. Then hunting for new job becomes more difficult. You cannot switch industry as you have no relevant experience. You are as good as fresh MBA graduate. Also, employers think that, its good to train a new dog with new tricks than hiring an old dog trained for some other task. 

So, don’t believe in those fishy words, that you are being told from day one about MBA degree. Come out of the unemployment myth. The downside exists for everyone, whether you believe it or not. Rather than being overconfident about your MBA degree, rationalize yourself. 
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