While making the final career decision of either doing or not doing an MBA, here are few common myths that people have about the course.

1. Top 10 MBA myths
BUSTED.

2. Before you make the final career
decision of either doing or not
doing an MBA, here are few
common myths that people have
about the course and where it
takes you.

3. Myth #1: MBA is for
the extra-smart.
Reality: Untrue. Data from
the batches of all prestigious
B-Schools and entrance exam
toppers has always shown to
have students with an
average grade history.

4. Myth #2: MBA = Money.
Reality: There could be a slight upward trend of managers
receiving higher salaries than many other professions in the
same league. Still, MBA graduates have the same struggle and
need to put the same hard work during and after the course to
achieve financial success. MBA is not a quick-fix.
=

5. Myth #3: MBA from a top ranked
college guarantees high package
and international job offers.
Reality: The highest package received by one
candidate distorts our idea of the average
salary. A high salary depends more on factors
than the college; it includes your score, work
history and performance.

6. Myth #4: MBA isn't for you if you
want to be an entrepreneur.
Reality: An MBA can actually help aspiring entrepreneurs
by preparing them with the theoretical understanding of
business processes and other necessary functions before
he starts his own business. For example, the MBA at AIMS,
Bangalore nurtures the entrepreneurial through its
innovative curriculum.

7. Myth #5: College Rank is the only
factor.
Reality: While college rank is an important
consideration, its not the end. The faculty,
specializations offered, location,
research areas are other
important criterion.

8. Myth #6: MBA trains
people in being greedy.
Reality: The opposite. An efficient
manager/leader works with time
for organizational success. Many
times, he/she is required to put his
goals aside for the larger purpose.

9. Myth #7: I can completely change my career
direction using an MBA.
Reality: Rarely. Mostly though, an MBA is an extension of your
existing expertise and experience. An IT professional will be
trained to better manage teams/processes within the IT
domain.

10. Myth #8: MBA
graduates are all
talk no substance.
Reality: Management is
like any other subject,
and it involves thorough
study and insight.
Management students
engage in research and
study of a variety of
concepts to arrive at
what they are talking
about.

11. Myth #9: the Marketing/Finance Myth.
Reality: There is a tendency to believe that Marketing
and Finance are the major areas managers get into.
However, there are a variety of other management
specializations such as food, biotechnology,
pharmaceuticals, etc.

12. Myth #10: “Soft”
courses like CSR and
Leadership are not
important
Reality: The direction of
business is gradually
turning towards
sustainability and people.
MBA programs these days
specifically train in CSR and
sustainability to equip
managers to handle these
challenges in their
prospective organizations.

13. We just made your
decision more informed.
Good luck with your
choice and future.www.theaims.ac.in