Wednesday, December 1, 2010

Business education

Want a business education or you need one?

The ‘ want’ for a Business education usually takes root during under-graduation – either because it is the natural next step for masters( if you are BBA/BBM student) or wanting to move out of technical and domain careers( if you are from other streams) due arguably to the prestige associated with MBA.

On the other hand a good number of working professionals feel the need for business education at some point of time( on an average between 3 to 10 years of their career life). Those with 3- 5 years of experience take the luxury of quitting the current job ( other than those sponsored )and go for a full time 2 yr MBA in India or abroad. This again depends on family and financial compulsions.

One yr MBA, the new format
For those who cannot afford a two yr break for a B school experience can go for what has now become the order of the day, the PGPX( post grad program for working executives)

The overriding ideology of the program is that the candidates have rich business exposure at a select domain of work, has ‘business thinking’ managerial skills in some rudimentary form and that polishing these skills through a structured business course will help perform his current or next level of work much more efficiently than he did before the program or than he can take more informed and technical decisions in his role as a decision maker.

The value that one can gain from a PGPX program can vary from person to person, from institute to institute, from format to format.

Many a time the prestige associated with a 2 yr program can put employers at a spot. There must be many recruiters out there, especially those of small and medium enterprises, who found that the managerial skills of many MBAs without prior experience are below expectations. On the contrary those of the one year MBAs are far superior.

It all depends upon how one leverages one’s experience and education, period.

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  1. Its good to hear that working professionals feels the need of doing MBA after two or three years of their career... They can acquire a master degree either through online or distance education mode... Its an encouraging news that companies are recruiting students having no experience with high package........