INTRODUCE YOURSELF PPT - WRETMAN - LOUIS MALAYBALAY.pdf
Does MBA make sense..??
1. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Does MBA make sense ??
The information contained in this brochure is meant to serve as a collection of data derived from public space. Details provided have been cross
checked wherever possible however they are liable to change. The CL Educate has made all reasonable efforts to provide most current and
accurate information. In this changing scenario, with more & more B Schools disclosing only very specific information , CL Educate will not be
held liable for any unintentional errors or omissions that may be found.
As such, the CL Educate does not assume responsibility or liability for any Third Party information or opinions provided. Publication of such details
is simply a recommendation and expression of the CL Educate’s own opinion.
2. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Do you see a Globe ?
Or a Global Market Place full
of Opportunities
If you see things differently
MBA
is for you
3. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Why people do an MBA ?
Should
you
not do
an
MBA?
Why
MBA
is
A
Must
?
Is getting another university degree the recipe for Success ?
• Youth employment is the lowest since the 1950s, and for the first time more
unemployed people have college experience than not.
• Competition for new jobs is fierce, with 50% of the world's population under 30.
• Industry looks at MBA as basic qualification for certain roles
• The prospect of forgoing business school in favor of real-world accomplishments
is scary for many new college graduates.
When you are competing against 3.5 billion people, it pays to be
different.
• As the cost of education increases, it's important to know if you'll get your money’s
worth and see a positive ROI.
• What matters exponentially more than that M.B.A. is the set of skills and
accomplishments that are needed for success.
• Study abroad 30%+ dearer [ Upto 70 LPA/ 2 year Courses in Well known
Universities]
If you can identify and practice the skills necessary to become a master
in your chosen field you don’t need an MBA otherwise you do
4. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Value Ad or Just another Fad
• MBA offers broader career choices than traditional courses.
• Offers wide range of opportunities and profiles unlike traditional
career options such as Bank PO or Civil Services
• MBA is a vocational course; highly sought after by industry
• Industry/ Function flexibility
• Superior Launching pad: The pedigree factor and the 1st job from
the campus
• Alumni and peer network
5. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
So, Should you be an ‘IIM Alumni’ ?
• Those who realize no good company is going to hire you simply because you are
from an IIM but are prepared to work to achieve their goal (be it through
academics/committees/networking (or politicking, depending on how you see it)/B
school competitions).
• Those who value the long term value of an IIM degree and can look beyond the
first pay cheque.
• Those looking to interact with some of the brightest and most accomplished minds
and who are ready to not be overawed (or drown in their own jealousy/inferiority
complex) but learn from them.
• Those looking for a meaningful shift in their careers
• Those with less than 2 – 3 years of work experience looking to add on further
skills from Sales (and sometimes Marketing) or General Management to HR.
MBA is an arena for experimentation &
experience
6. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Beyond the Hard Cash
Most under-rated reasons why you should get an MBA but probably the most
important one’s
1.The chance to realize how little you understand about the world.
2.The chance to make some lifelong friends who will accomplish great things over their
careers in business.
3.The chance to learn about how to get a bunch of high-strung, Type-A personalities to
work together as a team
4.The chance to think about the global economy and not just your little world. ’
5.The chance to stop and reflect on big business issues.
6.The chance to interact with Professors & accomplished executives when they come to
talk at your school who will really challenge you.
7.The chance to learn about managing people.
8.The chance to learn how to get up and string a few sentences together.
The chance to focus or refocus yourself
7. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Employer Hiring Trends - 2013
A survey* conducted across 900+ employers in 50 countries globally
brought out the following
•Globally, 75 percent of employers plan to hire MBAs, up from 71 percent that hired
MBAs in 2012 where as across other qualifications this is only 54%, 2% over 2012 level.
•This is an strategic increase through past six years with exception of in 2009.
•Companies in Asia-Pacific are experiencing robust growth and planning for market
expansion in 2013, creating higher demand this year for MBAs and master-level
candidates.
•Companies in a hiring mode expect to take on an average of 14.6 MBA graduates in
2013 up from 11.4 in 2012.
•Sectors in which more employers worldwide plan to hire MBAs this year than in 2012
include: energy/utilities (17% ^); healthcare (12% ^); and consulting (10% ^).
•Services and finance are the two dominant sectors where students are getting most
opportunities in India
Survey Organizer: EFMD , MBA CSC & 158 B- Schools worldwide participated in GMAC’s 2013 employer study
8. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Employer Hiring Up 4 % for MBAs in 2013
According to the GMAC survey, there is expected increases in salary
after earning an MBA for several major sectors of the economy
According to the GMAC survey, here are the expected increases in
hiring of an MBA by Employers across the Globe
Survey Organizer: EFMD , MBA CSC & 158 B- Schools worldwide participated in GMAC’s 2013 employer study
9. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
MBA’s put value to their own Returns
According to the GMAC survey, MBA’s on returns from their degrees
Professional
86%
Say their
promotion came
faster than or
when they
expected
Personal
93%
Agree the
degree was
personally
rewarding
Financial
4
Years is the
average time to
recoup full
return on
investment
$
Three main rationales for getting an MBA to reach the top
Intellectual capital (knowledge )
Social capital (network)
Legitimacy (brand name)
10. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Salary increase post MBA
Survey Organizer: The Association of MBAs* 2008 career survey
Even with the omission of the lowest and highest-growth countries represented – New Zealand and China – the adjusted increase in salary remains significant.
The survey shows an unequivocal increase in salary over time as a
result of acquiring an MBA qualification.
% increase in post MBA Earning Potential over pre MBA Salary
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-10 0 10 20 30 40 50 60 70 80 90 100
Direct from Industry Hiring
Bachelor's
MBA's
Specialized MBA
Master in Accounting
Non Business Masters
Master in Finance
2013 (Projected) %
2012 (Actual) %
Difference
Trend in hiring
Data Source : GMAC 2012 Year-End Poll of Employers across the Globe
Trends in hiring based on Candidate Profile
Master in Finance
Direct from Industry Hiring
Bachelor’s Degree
MBA
Specialized MBA
Master in Accounting
Non Business Masters
12. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Theory & Application Are Interdependent
A productive interface between Academia & Industry is critical requirement for inclusive growth
as together they can prepare the Managers of tomorrow to handle real life situation
Preparing For Tomorrow's Leaders Today
Knowledge
Expertise
Training
Research
Experience -
Mini Projects &
Internships
Faculty
Placements
Talent Pool
Future Managers
13. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
The CAT not a proficiency test; it’s a
separation mechanism.
CAT Exam Tests all essential skills in business and management
• Problem solving abilities
• Logic and Critical
Reasoning
• Data sufficiency
• Time management
• Performance under
pressure
• Decision making
• Optimization
• Strategy & Planning
Valid Prediction of Likely
Academic Performance
• Analytical Writing &
Thinking
• General Awareness &
Analysis
• Communication Skills
• Group Dynamics
• Ethics
WAT / GD/ PI
• Logical , Rational and
Insightful thinking
• Decision Making
• Interaction
• Not just Answers but
Solutions
MBA & Beyond
CL – Bridging you to your MBA & Beyond.
CL provides a Platform to debate your thoughts towards suitable solutions not just answers
14. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
This Skill evaluation forms part of
Selection process where CAT looks
at Aptitude and Personal
Appearance covers the Attitude &
Commitment Part
Student Input
• Analytical Thinking
• Problem Solving
Skill
• Basic Communication
Skills
• Situation Analysis
• Stress Management
B- Schools
Provide
• Analytical
Framework s
• Industry
Experience
• Strategic thinking
• Speaking up
• Thinking critically
during class/
Assignments
Industry
Acquires
People who
• Understand the
corporate mindset &
ethics
• Have a good grasp of
the deliverables
expected
• Can contribute right
from day one itself
The 2nd Skill evaluation happens
during Placement where Industry
looks for a FIT – between
‘Expected’ & ‘Perceived‘ Traits &
Skills
0
The MBA Life Cycle
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B- Schools Demands
Expected Traits in B- School
Aspirants
Outstanding Academic
Skills & Discipline
Good Communication Skills
Industry related
experience- a job / an
internship
Problem Solving
Critical thinking
Trans Cultural Sensitivity
Desired Traits in B- School Aspirants
Ability to contribute to the
class
Diversity of Knowledge
Global Mindset
General Awareness
Managerial Potential for
key positions
16. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Industry Demands
Findings reported are based on responses from 1,096 employers who work with participating business schools. Survey conducted by GMAC
# Traits listed on the basis of importance
% Companies That Want These
Traits
Leadership 51
Initiative 44
Professionalism 36
Motivation 36
Integrity 38
Pressure Management 44
Achievement/goal orientation 46
Innovation/creativity 35
Adaptability 32
Collaboration 30
Efficiency 13
Listening ability 10
Discipline 9
Persuasiveness 7
Cross-cultural sensitivity 6
Diplomacy/tact 5
Effective Followers 5
Empathy 4
Delegation skills 2
Industry related experience, either
from a job or an internship
Critical thinking
Strategic Planning
Leadership
Innovation
Problem Solving
Strong communication skills—both
written and verbal
Desired Traits in MBA Hires*Expected Traits in MBA Hires#
17. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
How B-Schools Pitch in
Bridging the Gap
B- Schools bridge the Gap between Theory and Practice via Case Discussions, Project &
Research work , Summer Internships, Industry Visits, Simulation Competitions & so on
*Constructivism is a theory to explain how knowledge is constructed by the human being. When information comes into contact with existing knowledge that had been developed by patterns are formed and remembered
Theory
Subject Level Theory
Basics : Marketing , Finance ,
Operations, HR, IS etc
Advanced : Specializations
Constructivist* Approach
Brainstorming
Case Discussion
Rethinking
Practice
Real Life Learning
Analyzing Actual Business
Environment & Situations via
Theoretical Concepts
Experimentation with Solutions
Market Research
Analyzing Results of interventions –
Reflection in Action
Learning Outcomes
Assessment
Reflection on Action
Experimentation
Application
Learning's
18. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Industry Demands B- School Supplies
Analytical : Addressing the handling
of information and the method by
which decisions are made based on
data, including: statistics, decision
making, data analysis, logistics, etc.
Financial : Addressing the financial
information including: accounting,
economics, finance, econometrics,
etc.
Interpersonal: Addressing the skills
for the management of people :
leadership, people & human resource
management, communication &
dealing with change.
Functional: Skills addressing
information about business, how it is
structured and how it promotes
itself, including marketing, strategy,
corporate structure, etc. Case study method teaches hard
skills like concepts in marketing,
softer skills such as owning a point
of view, persuasive communication
and thoughtful debate.
Opportunities in form of
competition and exchanges to
explore one’s own path - whether it
be consulting, entrepreneurship,
non-profit or marketing.
Wealth of opportunity in form of
Real life projects from industry,
Case Simulation Competitions
The resources it takes to bring it
all together.
Case study method teaches hard
skills like concepts in marketing,
softer skills such as owning a point
of view, persuasive communication
and thoughtful debate.
Opportunities in form of
competition and exchanges to
explore one’s own path - whether it
be consulting, entrepreneurship,
non-profit or marketing.
Wealth of opportunity in form of
Real life projects from industry,
Case Simulation Competitions
The resources it takes to bring it
all together.
Application
Skills Required by the Industry can be grouped Corresponding Skills developed by the B- School
19. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
Engineering + MBA
Ticket to success at India Inc*
Survey Across BSE 100 Firms findings
70% of CEOs had post graduation degrees while only 30% were
undergraduates.
Under Graduate Degrees of CEO’s –Engineering degrees : 45%
Commerce Degrees : 20%
78% had completed post graduation. 64% of those who pursued a
postgraduate degree did an MBA.
42% of the CEOs finished their MBA degrees from top
management schools such as the IIMs,
XLRI, Harvard, Stanford and Wharton.
India vs Abroad : All the CEOs who completed an MBA degree,
45% had done so from India while 55% from foreign universities .
Professionally Run Firms : 54% of CEOs had an MBA and a
majority of them were from an engineering background.
Family Run Firms : 69% CEOs from family-run companies had
done their post graduation and 83% of those postgraduates had
pursued an MBA afterwards.
Survey Organizer: Randstad + TOI - Delve deep into CEOs' CVs according to the study which was conducted among the BSE 100 firms
The trend of a higher
percentage of CEOs having
studied engineering and
commerce along with an MBA
seems to be in line with the
traditional educational
belief system in India.
Most people perceive that
this path provides valuable
skills for going up the
corporate ladder along with
helping sustain the
competitive advantage to
become the CEO
20. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
MBA College Life – Is it really differentYou have classes
You have homework
You have friends
You go to parties
You eat junk food
Probably You smoke & drink
You act irresponsibly every once in a while just to see how it feels.
You go to the extra curriculars you like
you take the classes that interest you & some which don’t
You Graduate After Two Years
So is it really different from the other colleges?
It's absolutely is
You meet brilliant and wonderful people here
The classes are usually taught by great and engaging professors
Peer Group is all Intelligent & Perceptive
The campus and locations are fantastic
It leads to Changes in perspectives & Increased Opportunities
The content is comprehensive.
The resources are practical.
The design is seamless.
You have lifetime access to network you build.
This isn’t just another business training program.
B-School is by far the best business training apart from field work
21. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
A day in the Life of a B- School Studenta
3:30 PM 5:30 PM 6:30 PM 6:45 PM
9:00 PM 10:30 PM 11:30 PM 12:15 AM
Breakfast the most important meal
of the day ….not to be skipped …
gulp it as countdown for the quiz
begins or the sacred doors are
shut 1…2…3
Quiz – to open the day
Assignments Submissions …… Case
Study Discussions …..
Presentations…… Project Updates
….. Class Participation with Lunch
time no where in sight
After climbing a mountain of
knowledge by some of India’s best
faculty members, some by Google &
Peers you finally get to take a
lunch break at mess
Power Nap …Definitely to stock up
on energy
Or
Good time to Inform the loved
one’s that you are still alive if not
in person atleast in photo frames
Attend a guest lecture to be taken
by somebody who is someone in
some top MNC
Or
Meet the professor to discuss your
performance or your project if you
are lucky
Participate in the Society
discussions to plan the activities
for the upcoming week.
Suddenly you feel that 24 hours in
a day are just not enough
to keep up with the pace.
Healthy mind resides in a healthy
body …..A quick round of table
tennis or jogging or even NFS is
contested as keenly as any
marketing case. So are the baddy
and TT matches.
You are reminded of an
international case study
competition for a consulting firm
for which you had registered the
previous week. The deadline
stands at 23:59:59 today or
tomorrow.
12:30 AM 2:30 AM 3:00 AM 7:30 AM
9:25 AM 9:30 AM 1:30 PM 2:30 PM
Dinner & Gup Shup time
Food & Gossip – The most healthy
combination followed by a long walk
across the campus rejuvenates you
for long hours ahead
Group discussions can get pretty
hostile. Nightfall sees a hundred
groups huddled together in rooms,
the computer centre , the lib etc.
all over campus. There are cases to
rip apart and submissions to make.
Assignments & Project Reports ,
white papers , competitions to send
entries to
& the best part is Deadlines usually
are 12:00 AM …So you still have 30
minutes or 1800 secs to go …Buck
Up
Tea / Maggi at Mess/ Nescafe to
Sustain you for another 4 hrs
22. Empowering Minds. Creating Opportunities.Empowering Minds. Creating Opportunities.
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Editor's Notes
Gig scenario School
Instead of relying on business school to succeed, deliberately practice the skills necessary to become a master in your chosen field. Build a network that supports your professional aspirations. Work on projects that show you can have an impact in the real world, dealing with practical problems. Most of all, put yourself in the shoes of your future boss and imagine whom you would rather hire: the candidate who built a profitable business over the course of two years, or the candidate who sat in lectures and reviewed case studies to get a degree?
Analytical: These were deemed to be subjects that Financial: These were deemed to be subjects that addressed financial information about a firm or the economy including: accounting, economics, finance, econometrics, etc. Interpersonal: These were deemed to be subjects that addressed interpersonal skills or the management of people including: leadership, people management, human resource management, communication and dealing with change.
An analysis of the undergraduate degrees of all the CEOs showed that 45% of CEOs had pursued engineering while "The trend of a higher percentage of CEOs having studied engineering and commerce along with an MBA seems to be in line with the traditional educational belief system in India. Most people perceive that this path provides valuable skills for going up the corporate ladder along with helping sustain the competitive advantage to become the CEO
Analytical: These were deemed to be subjects that Financial: These were deemed to be subjects that addressed financial information about a firm or the economy including: accounting, economics, finance, econometrics, etc. Interpersonal: These were deemed to be subjects that addressed interpersonal skills or the management of people including: leadership, people management, human resource management, communication and dealing with change.
Analytical: These were deemed to be subjects that Financial: These were deemed to be subjects that addressed financial information about a firm or the economy including: accounting, economics, finance, econometrics, etc. Interpersonal: These were deemed to be subjects that addressed interpersonal skills or the management of people including: leadership, people management, human resource management, communication and dealing with change.