The document discusses the value and implications of obtaining an MBA, emphasizing its potential to significantly enhance career options, earning potential, and personal development. It also explores the influence of economic conditions, such as recessions, on job markets and career prospects, indicating that skilled management professionals are always in demand. Additionally, it highlights the importance of selecting the right business school and preparing effectively for entrance exams like the CAT.

1. IMS LEARNING RESOURCES PVT. LTD. “ If you don’t know where are you heading, chances are that you may not reach there” Power of MBA Explore Destination MBA

2. Pehchaan Kaun…

3. B.E. (Mech) Karnataka Regional Engg. College B.A. (Eco) St. Stephen’s College B.Sc. (Physics) Kerala University B.A. (Eco) St. Stephen’s College B.Sc. (Chem) Madras Christian College MBA IIM - A MBA FMS MBA IIM - C MBA IIM – A MBA IIM - C Former MD ICICI Bank Former MD Microsoft Founder & CEO Rediff.com Founder & CEO Naukri.com CEO PepsiCo K.V. Kamath Neelam Dhawan Ajit Balakrishnan Sanjeev Bhikchandani Indra Nooyi

4. Did You Know? 50% of CEOs of top Indian companies are from IIMs Source http://economictimes.indiatimes.com/articleshow/4305814.cms

5. This isn’t always how MBAs are seen, however Let’s see what Scott Adams (of Dilbert fame) has to say… Hark!

6. The MBA

7. The MBA…

8. The MBA courting trouble

9. The MBA and The Boss

10. The MBA vs. The Crazy Old Witch

11. The MBA vs. The CEO

12. B. A. B. Com/ B.B.A B. E./ B. Tech B. Pharma. B. Sc M.B.B.S. Work Ex Systems Management Supply Chain Management H. R. Management Brand Management Corporate Banking Equity Research Investment Banking Management Consulting Opportunities Galore

13. People at IIM-A in 2003-05 Engineers Chartered Accountants B.Com. Economics Doctors Historians Defence Services Models Sailors Hotel Management Learning? It’s not “for engineers” It’s not “for CAs” It’s the most general-purpose educational qualification out there today If so, what value is it of? Hmmm….

14. But Why? … Why MBA? According to the Graduate Management Admissions Council, MBA provides you with … An opportunity to improve personally Desired credentials An increase in career options Development of management knowledge and technical skills Preparations to get a good job and opportunity for quicker advancement An increase in earning power

15. An MBA is a formal program in Management/ Business Administration Aims to Develop Future Leaders and CEOs MBA does not get you a Job, it gets you a CAREER

16. Value of an MBA degree in $$$ * During the early stage of their job career the average earnings gap between those with MBAs and those with bachelor’s degrees is over $25,000 per year. During their prime earning years, between the ages of 45 and 50, those with MBAs earn roughly twice the amount earned by their counterparts with bachelor’s degrees. The ROI (return on investment) for MBA degree is estimated to be 18%-22% which is higher than the average return on Dow Jones during the last two decades. For a two-year MBA the payback period is about 3.6 years meaning that three and a half years after your MBA, you will be better off even taking into account the direct investment and the salary foregone. “ Getting an MBA today is like receiving a tax-free, cash award of more than $600,000.” * AACSBI BizEd and QS Top MBA, 2006

17. Students’ foremost reason…

19. However… There are things an MBA simply cannot give you Real-World Knowledge Street Smarts Wisdom Attitude

22. How people decide? It sounds glamorous I don’t have a job MBA is a shortcut to big bucks Because everyone is doing it

23. How You Should Decide Understand What does MBA mean Where it can take your CAREER Learn about choices post MBA Role Function Industry

24. So should I do an MBA, NOW ?

25. But I heard something about RECESSION

26. What is a Recession? National Bureau of Economic Research (NBER) defines it as: “ A significant decline in activity spread across the economy, lasting more than a few months, visible in industrial production, employment, real income, and wholesale-retail trade ” “… and it begins just after the economy reaches a peak of activity and ends as the economy reaches a trough . Between trough and peak, the economy is in an expansion . ”

27. According to International Monetary Fund(IMF) , “ Recession is the economy shrinking for two consecutive quarters (6 months) with a decrease in the GDP” GDP (Gross Domestic Product): Value of all the reported goods and services produced by the people operating in the country GDP = MONEY VALUE OF {C + I + G + (X – M)} C = Consumables, I = Gross Investments, G = Government Spending, X = Exports, M = Imports What is a Recession?

28. In Simpler Words Lesser Demand in Market Hence Lesser Production Hence Fewer Jobs Hence Fewer Promotions Salary Cuts and even Lay Offs That is, Lack of Opportunities

29. The Depression and MBAs Popular Perception MBAs, and their machinations, brought this recession upon us

31. So, Should I Worry? Let’s check the History

32. Recessions 1925 - 2001 Period Time (in months)‏ October 1926 to November 1927 13 August 1929 to March 1933 43 May 1937 to June 1938 13 February 1945 to October 1945 8 November 1948 to October 1949 11 July 1953 to May 1954 10 August 1957 to April 1958 8 April 1960 to February 1961 10 December 1969 to November 197 11 November 1973 to March 1975 16 January 1980 to July 1980 6 July 1981 to November 1982 16 July 1990 to March 1991 8 March 2001 to November 2001 8

33. So… Now we know that Recession is not a new thing but a regular phenomenon that occurs from time to time In fact, the world has already seen around 14 recessions since 1925! and They have lasted, on an average, for around 13 months !!!

34. Remember “ Companies are always seeking skilled , competent managers who could handle challenges and give effective business solutions for the benefit of the company”

35. Business Cycles

36. Make Most of Recession, Get an MBA!

37. “ Education is a very crucial investment ; especially at this time”

38. And now some growing industries and sectors even in these recessionary times

39. Life Sciences & Healthcare

40. Banking, Financial Services, Insurance

41. Automobile, Steel, Oil & Gas

42. Gems & Jewellery, Tourism & Hospitality

43. IT/ ITES, Telecom, Media & Entertainment

44. So an MBA can take you places However…

45. Choice of Institute is Crucial

46. How to select a B School?

47. IMS List of Top Management Institutes CRÈME DE LA CRÈME IIM – A, B, C, L & XLRI Category A+ FMS, IIFT, IIM-I & K, IRMA, ISB, JBIMS, MDI, NITIE Category A GIM, IIFM, IMT, MICA, NMIMS, Praxis, SCMHRD, XIMB

48. A word from Scott Adams on Executive MBAs From all but the best institutes, of course

50. The Tests Test Month CAT December IIFT November IRMA November JMET December SNAP December XAT January FMS January

51. The CAT Common Admission Test Gateway to IIMs “ Believed” to be one of the toughest entrance tests Traditionally, a Paper Based Test Now going online

52. All of us have heard that CAT KEEPS CHANGING!

53. What are the changes in the CAT? Visible Changes Real Changes

54. The Visible Change No. of Sections No. of Questions Test Duration Scoring/Negative Marking No. of Options Structure

55. Can you spot the trend?

56. The REAL Change From Test of Speed/Technique To Test of Reasoning

57. … and now, CAT is going Online!

58. Is this really a surprise? NO!

59. Over the years, CAT has evolved to become more like GMAT/GRE This can be inferred from changes in CAT Same has been stated by IIMB in their recent notification as well

60. CAT Goes Online What does Online mean? What will change? What will NOT change? What are the implications for me? How should I prepare for this?

61. Online Tests Computer Adaptive Tests Computer Based Tests

62. Computer Adaptive Tests GMAT Like Benchmarks candidates level of aptitude One question at a time Test adapts the level of difficulty of questions to assess candidate’s performance

63. Computer Based Tests Whole Question Paper at a time Navigate across the questions and sections Not much of the difference except the media One Section at a time One Question at a time

64. What Will Change? The Test Medium From Paper to Computers The Structure Adaptive/Non Adaptive Sectional/Question Level Evaluation Flexibility of Test Dates

65. What will NOT change? Skills Tested Problem Solving Skills Language Skills Decision Making Skills Conceptual Clarity Application Ability

66. Challenges Getting used to computers, keyboards and mouse Working on computer for longer duration Adapting to online testing formats One question at a time: Really thorough with concepts and application

67. CAT is so DIFFICULT! That’s alright! But…

68. How do you define difficulty level? A. Level of difficulty of question paper

69. CAT gives you a relative score Hence difficult or easy questions actually doesn’t matter! But lets do some questions…

70. Travelling Ant One ant starts walking from the base of a cylinder (Radius = 7 cm, Height = 33 cm) and ends up at the top of the cylinder at a point exactly above the starting point. Find the distance travelled by the ant. 50 53 55 57

71. Travelling Ant h r B A 2 π r B A

72. Boats Two boats are 10 kms apart and are travelling towards each other with speeds 18 kmph and 36 kmph. Find the distance between boats exactly 10 seconds before they collide. 50 m 150 m 500 m 3000 m

73. Boats Relative speed 18+36 = 54 kmph = 15 mps Distance covered in last 10 seconds 15*10=150 mts

74. Euclid Euclid has a triangle in mind. Its longest side has length 20 units and another of its sides has length 10 units. Its area is 80 sq units. What is the exact length of its third side? √ 240 √ 250 √ 260 √ 270

75. Euclid One side = 10 units Area = 80 units 10 units 8 units 6 units 14 units √ 260 units 20 units

76. ALL OF THESE WERE CAT QUESTIONS!!!

77. How do you define difficulty level? B. The Competition What really matters is how you do vis-à-vis competition!

78. The Competition CAT '08 2,75,000 applicants for 2000+ seats Chances = 1 out of 135!!! Now, that is difficult!!!

79. REALLY?

80. Lets See! Applicants = 2,75,000 Appeared for Test = 2,46,000 Almost 30,000 already out of competition Chances = 1 out of 125

81. More than 50% appear for affiliated institutes Number of IIM aspirants = 1,20,000 (approx)‏ Chances = 1 out of 60

82. Less than half of this number actually prepare Number of SERIOUS IIM aspirants = 60,000 (approx)‏ Chances = 1 out of 30

83. Is that all? NO! IIMs give 3-5 GD/PI calls for every seat i.e. minimum 6,000 call !!!

84. For a Serious IIM Aspirant to get a GD/PI Call Chances = 1 out of 10!!! And you thought CAT is difficult?

85. When do I start preparing for CAT ’10? The $1,000,000 answer About 22 years ago The 50 cent answer Start Now 1.5 hours a day for the next year and you are guaranteed to do well in the exam

86. Life’s races aren’t always won by the fastest, the strongest or the biggest but sooner or later the one who wins is the one who thinks I CAN!

87. How Can We Help You?

88. Why IMS: 7 Reasons 1. Exhaustive Study Material 2. Comprehensive Classroom Training by experienced/trained faculty 3. Intensive Workshops: the final thrust for your CAT prep

89. Why IMS 4. SimCATs: The true reflectors of your CAT potential 5. Online Enabled: for test practice and more 6. National Achievers' Program: to convert your GD-PI call

90. Why IMS 7. Delivering Success: story so far 2500+ calls from the IIMs alone 2000+ calls from other top institutes (XLRI-200+, FMS-100+, IIFT-400+, IRMA-150+, S.P.Jain-200+ .....)‏ Toppers in CAT, XAT, NMAT and MAT More than 60 percent of our call getters are full-time classroom or correspondence students

91. Thank You!