MBA Vs TECH (4 Students of B.Sc,Bca,Mca)

why mba?...

hmmmm.interesting question.....here are some possible answers :

1) my dad told me to do so (papa ne kaha tha)
2) had spare 1100 bucks
3) i am not good at tech
4) ROI(return of investment) after MBA is good
5) everyone seems to be doing mba ....so i also joined the race
6) u ask me why ....and i ask u why not

The sad fact is that a lot of ppl attempt CAT because of them. So first, a critical look at these reasons

(1) "my dad told me to do so (papa ne kaha tha)"
: and then think that they ll manage big organizations, though they cant manage their own lives and take their own decisions

(2) "had spare 1100 bucks"
: good one, probably closest to my reason for temporarily planning to give CAT last year, but then realized that a lot of chocolates (even vodka) can be bought with 1100 bucks.

(3) "i am not good at tech"
: so what makes you think that not being good at tech, naturally qualifies you to be good at management?

(4) "ROI(return of investment) after MBA is good"
: potentially good ROI after an MBA. the avg salary in best of IIMs is 6 lacs CTC, which isnt that great coz after 2 yrs in a good company (compared to 2 yrs of MBA), your salary can be 10 lacs (obviously you have to excel in your work for that, but dont expect MBA and thereafter to be a cakewalk) ROI in the share market, and in any business is much higher. Actually if ROI is all you care about, start a garbage collection and disposal company. You ll break even in 2 yrs, then add a garbage recycling unit. You ll be a crorepati in 5 years. I am not joking, I know someone who did the above in 4 years total, I am sure all of you can do it in 7 definitely.

(5) "everyone seems to be doing mba ....so i also joined the race"
: What would you call this - peer pressure, or crab mentality? But before you snicker and laugh at the rest of the world who does this (and you dont), just pause to remember your admission into college. Why did you put Computers as your no. 1 choice? Did you actually like the field? How much experience did you have in the field? How many of you chose it, even though you didnt have any real affection towards it? Would you have chosen it, if the computer industry crash (temporary though it was) had happened 2-3 years earlier i.e. just before your decision making time came? So whats the difference between doing an MBA coz your friends are
doing it, and the above?

(6) "u ask me why ....and i ask u why not"
: You ask me why I should not be insulting other humans, and I ask you....... why not?


On a more serious note...see its all a question of where you see yourself say 5-10 years from now (although very few of us think that long term)......if your a 'techie' at heart you would probably be quite happy to be working on the tech side of things and you can make a great career that way as well.....but if you want any of the following things then an mba probably makes sense -

(1) A career move to an entriely different domain say finance or consulting.....it could be done without an mba as well but then the struggle is a lot harder

(2) A fast foreward button for your career.....in the corporate world degree holders from top b-schools are given positions of responsibilty and authority very quickly considered to those without an mba irrespective of any amount of 'mangerial' acumen you may show

(3) Money.....lots of it ...at the end of the day there's no denying the fact that this plays a very important role besides your work...infact for many it's the sole reason for many who pursue an mba.....the hard fact is that those who do the actual work get paid far less than those who 'manage' them... But The highest paying job (after an MBA, and maybe after anything else as well) is in the field of Investment Banking. You work 20hrs a day, 7 days a week, sleep during flights, and earn crazy amounts of money. And get burnt out in 6 years max. Thats what a high up guy in Lehmann Brothers told Neha Singh, when she got through for internship. The guy said that he has worked for 6 years, hasnt met his wife for a while even though they live together, and is planning to quit soon. So if its money that drives you, remember to be in the top 5 in IIM-A,B,C
and also be prepared for the above.

have a look at the following statement :

There are 2 extremes in the work arena. On the left side you have the most productive people (who actually do the work). For eg. a junior programmer spends every second that he is working producing actual code. On the far side you have the non-producers ie. people who produce nothing tangible. At the end of the day they don't grow food, they don't help sick people, they don't write code etc. These are CEOs, lawyers, management partners, program managers etc. But the kick is - the left side gets paid the least and the right side gets paid the most so if you plot $ on the y axis its a 45 degree line.

Almost everyone spend their time trying to traverse that line so the further to the right side you begin the sooner you get where you want to go. Trust me - I still am a big geek - but I want money - so I can buy all the cool stuff I want.

MBA is going to help me traverse that line faster. The most direct benefit I see out of an MBA is that an opportunity of a dream career with a wonderful employer, one who likely would have filed any previous resume submissions from me in the circular file. Save a remarkable stroke of luck, there is no way I can land this dream position without an MBA. With my BSc. MCA degrees, the pigeonhole is simply too deep. An MBA is one of the few reliable routes to a career change.


Bottomline - an mba from a top b-school can propel you to a career beyond your wildest dreams..