Monday, January 8, 2007

Beware MBA's !!!


I know how it feels to imagine yourself in an air-conditioned office with a slick lap-top and staring at your latest Nokia N-series mobile phone obviously all at the expense of your company. Now how would you get there? Obviously it has to be with a MBA.

I nurtured that dream for quite sometime and enrolled myself for an MBA program. Being a person with average intelligence and even lesser IQ I couldn’t qualify for one of those premier colleges. As I trudged my way through those all too eager money eating MBA colleges I did stumble more than once and now that I am nearing the end of the course and see the next generation budding managers I have some word of advice (it all comes with learning it the hard way!). These are for those students who for one reason or the other could not ‘make it’ to those top rung colleges. But don’t feel lost even the other colleges have bountiful to offer provided you pick em up with care.

Few things you absolutely have to do before landing into the hard spot are as below (not given in any order):

1.Find out if the area in which the college has good industrial exposure this would help as you can take up some part time job to get a hands on experience on how the ‘corporate world’ works or you could just walk into these offices and get a feel of a work culture.

2.Find out how many batches have passed out from the college and my strong recommendation would be not to join a college where you would be the first experimentation batch one reason is it would be risky in terms of the companies coming in for placements, lack of proper faculty and chaotic schedules.

3.Check out the library, not if there are any babes in the form of a librarian but in terms of the kind of books they stock. There must a healthy mix of marketing, advertising, human resource, IT books and good journals like Harvard Business Review etc. I know there might be some who won’t even enter the library but at least you can say that you saw how the book looks!

4.Opt for a college which has good internet facilities it would help in your project work and the tones of assignment you would otherwise have to copy and write. Check out if they have broadband connection so you don’t have to break your head waiting for the page to load.

5.Check out the kind of faculty they have both in terms of the permanent and the guest lecturers. Beware! Some colleges actually fool you by cleverly putting the name of guest lecturers as permanent faculty.

6.Find out the student to teacher ratio, ideally 50 students in a class is ok. Any thing lesser than that would be great but usually does not happen. The reason being that it would be really difficult for the teacher to handle the class and help the students out if they really need individual attention.

7.Find out the kind of companies coming to the college and most important find out for which specialization they are coming for, why I say this is because in my college mostly banks come for placement and they offer mainly finance or marketing job so a lot of students who want otherwise are left out. So check out the openings most of the companies are coming for.

8.For all those ultra rich people this suggestion wont matter but for those whose pockets are not too full don’t go by the fees quoted by the college find out the hidden costs which they cleverly window dress.

P.S: Most of this information can be obtained from the seniors who are in the college. It is a must to talk to the seniors or you would be just landing into another mistake and an expensive one at that!

These are just few of the things I felt I should have looked into more closely those who have more to add please feel free to do so.

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