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After globalization, MBA has become a fad
and many youngsters are going to take up
the course. Students, as well as working professionals, aim at MBA for faster career
growth. Industry Experts believe that even though
the world is caught in an economic slump, the field
of management education has not been affected much. Despite slowdown, the flow of
students appearing for entrance exams is increasing
in gigantic proportion. It is vital that institutes
train students completely to make them suitable for
the job market. An MBA graduate without interpersonal skills and organizational abilities
can be a misfit in today's corporate world.
Entrepreneurship requires use of one's grey
cells and perspicacity. Managerial skills are
inextricable to become a people's manager and to achieve
the desired goals. Modern organizations will
become increasingly flat from their hierarchal
structure. Experts agreed that global business
world desperately require leadership qualities and effective team playing skills in all employees.
Lack of soft skills is an impediment to
professional growth. So, it is the duty of
management institutions in making management
education effective to cater to the needs of industry.
Hence MBA program must nurture corporate job
skills and has to be designed to enhance
aspirants' hidden potentialities to accelerate their
career growth and gain new knowledge in business. Many MBAs lack necessary job skills to
perform certain tasks in the earlier days of their employment. Hence, they may find the
work difficult and lose self-confidence. HR
managers say that, instead of losing confidence,
MBA students should direct all energies towards acquiring various corporate skills during
the initial days of the MBA program. Young MBAs must strive hard to nurture new skills to
show good performance even in the first job itself.
Most B-Schools and MBA colleges have focused much on campus placements and consider it as
a measure of success. Obviously, students measure their success in terms of the pay package they
are offered in the campus placement. Even job providing companies also concentrate on a
single measure of success-student's rankings. Hence,
the primary role of management institutions is to
impart knowledge and skill-based learning to young
MBAs through various task-oriented assignments. Now,
B-Schools and reputed management institutes
realize that mere classroom lectures may not enable
MBAs to impress the potential employers. Hence,
they endeavor to upgrade their curriculum to make
MBA aspirants more vibrant. It's true that skills
learned during the MBA program will change the
overall personality of students and have an
identifiable impact on their professional life in future.
At present, all management institutions try to
groom their students as industry ready professionals.
Due to many reasons, all MBAs do not secure
lucrative positions.
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