GRACIAS POR VISITARNOS



Completing MBA from a well known B-School is not an easy task you need to put in a lot of hard work and devotion. Below you will see a few myths that often people have about doing an MBA
MBA can be done by anyone Possibly those who want to complete their MBA can complete it from one of the many poor quality MBA programs available. But if you want to have an MBA Degree from a school of high repute then you have to be ready for the hard work and devotion towards achieving it. This is not that easy as people think. You have to work for many hours a day to make yourself ready for this challenge. You have to compete with lakhs of students who have put the same or more effort than you.
Are all MBA Schools good? 
If you think that an MBA will help you to move further in life, grow in your career and have your salary increase, you may be right to an extent. Because of this MBA Degree you may get the job with good salary, but to grow and have your salary increase is totally in your hands. You will have to work even more hard than you did while studying an MBA Program. There are no free lunches. You will get paid for what you do. If you think getting a job is enough, then you are highly mistaken. You have to perform to show your skills and prove that you are worthy that salary and the increase and you are worthy being on a higher post. Secondly, it is also important that you have done your MBA from a B-School of high repute.
Having an MBA Degree guarantees growth in career. Having an MBA Degree from a reputed college or institute will help you get a good job, but it will not guarantee your growth. You need to put in a lot of hard work and dedication to reach your goal and grow in your career. As I said earlier no free lunches, therefore no will give you a growth till you have made the company grow with your skills and ability.
Does an MBA Guarantee a high salary? 
An MBA Degree will fetch you a good job but it will not guarantee that you will also get a high salary. As Growth is not guaranteed in the same way even high salary is not guaranteed. You have to work very hard and make the best decisions to bring profit to the company and make it grow in the market. You need to put in a lot of hard work and if done no can stop from your salary being increased.
MBA Programs are expensive 
Yes, if you want to do your MBA from a good MBA College it will cost a little more than the others but the return on your this investment will be momentous and much higher than you would invest to study form a college with less fee and low repute. Doing any degree is investing for a better future and here you are investing in a master's degree that too form a good college then the returns are for sure going to be very high.
Experienced business people don't need to do an MBA 
It is very necessary to be updated with the knowledge and the new ways of doing things in business. You will usually hire a person and pay him a higher salary for the things you don't know, but if you had the skills then you would just require training someone and paying less. Self development is very important to enhance oneself and usually the bosses sulk on those people who do not improve their skills. Agreed that, an MBA is not a requirement to succeed in business however possessing an MBA Degree will add knowledge and enhance the chance of succeeding much more higher.

MBA Myths


The MBA is the most popular graduate academic degree. It is sought by thousands of students throughout the world. It is not surprising, therefore that MBA programs are examined to determine which ones are best. One of the most eagerly awaited ranking of MBA programs is that by Bloomberg's Business Week, but other periodicals, including Forbes, US News and World Report, and The Wall Street Journal publish lists of MBA programs that show how some of the schools offering the degree rank against one another.
The published rankings have been accomplished in a variety of ways, often in different ways by the same publication from one issue to the next. The rankings are obtained by surveying or interviewing deans of business schools, student recruiters of companies that hire MBA graduates, employers, graduates themselves, or combinations of these and other sources.
Early rankings of business schools focused on a dozen or so of well-known large Ivy League and state universities whose reputations had already been well established. They tended to ignore hundreds of other respectable MBA programs. As time progressed, the rankings were expanded beyond the well-known programs to include twenty or more schools, and some rankings now include separate lists that rank the top fifty programs or top one hundred. Still, the focus is on a list of a dozen or so schools that are considered top-tier.

It is not surprising, given the selection methods, that mostly the same group of schools appear in most rankings, although not necessarily in the same order. The lists virtually always include schools like Stanford, Harvard, Chicago, Pennsylvania's Wharton, MIT, UC Berkeley and other well-known names. Also not surprising is that these schools receive hundreds of applications from qualified students and they have to reject about 90 percent of them. Interestingly, one study, by Dr. Martin Schatz* showed that if schools are ranked simply by the GMAT scores of the incoming class of MBA students plus starting salary of graduates, the list is very similar to the rankings achieved by expensive surveys and interviews conducted by the periodicals that publish rankings.
But what do the rankings really mean? Does it matter that Berkeley is #3 one year, #5 the next, and #2 a year later? Or that Stanford is #2 in Business Week but only #5 in another publication? The fact is that Wharton excels in finance, MIT excels in quantitative courses, and Harvard excels in using the case method of teaching. Each school has strengths and weaknesses. Instead of looking for the top schools to which a prospective student can apply, it may be better to look at rankings that focus on characteristics that are important to the applicant.
One source of rankings looks at the top 40 MBA programs ranked according to individual characteristics such as GMAT score of students, GPA of students, salary earned by graduates, selectivity of the program (number of applicants rejected), number of recruiters visiting the schools, and a ranking based on weights assigned to criteria that are most used by prospective students searching for MBA programs that fit them. The site explains that the rankings it provides on each individual criterion has to be carefully interpreted and not taken at face value.

How Meaningful Are MBA Program Rankings?

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