“Kuch to log kahenge logon ka kaam hai kehna” and when too much talk happens about a thing, myths are born. These myths can go on for a long time and can significantly affect people’s opinions.
Surprisingly, myths don’t just surround superstitious thoughts but also linger closely around courses like MBA. Be it the MBA subjects, placements, admission or even the skills learned, urban myths have associated themselves with different aspects of the course.
Due to such misconceptions, many students often make wrong decisions about their career. To assist them in developing a better understanding of MBA, we are going to break some of these myths and brings facts on the fore. Continue reading to know more!
An Undergraduate Degree in Business is Essential to Enroll in An MBA Program
Topping this list is one of the most common MBA myths that often puts students in a dilemma whether they are good enough for this course or not. As per most people, a person with an undergraduate degree in business should opt for MBA. As the MBA subjects are also taught in undergraduate courses like BBA, it leads to the misconceptions that only business students are capable to ace their MBA.
However, this is completely wrong. In fact, MBA is one such course where students from various educational backgrounds come to strengthen their skills in business administration. The curriculum is also crafted in a way that every student is first acquainted with the foundational business.
MBA Graduates Can’t Think Out of The Box
Most people believe that MBA is all about numbers and calculations; this is why MBA graduates are often seen as ‘not-so-creative’ people. However, this is nothing but another MBA myth.
Upon close examination, it is quite evident that MBA graduates think out of the box and come up with business strategies that can lead to better profit and success of the firm. Some of the top entrepreneurs and business people in the world are MBA graduates. Tim Cook – CEO of Apple Inc, is one such example. Such MBA graduates launch new ideas and turn them into successful businesses using their innovative management skills.
MBA is Boring
Many people think MBA will be quite boring and you’ll have to study mathematics and finance all day. However, this is not true. When one looks at the curriculum of MBA programs, they will notice that there are plenty of interesting subjects that differ from branch to branch.
Moreover, many MBA colleges also send students on industry visits. Universities like UPES are known for giving international opportunities where it sends MBA students to other countries under Student Exchange Programs. Overall, the two-year program is like a roller coaster ride where students get as much fun as any other course. And if someone is passionate about getting an MBA degree, ‘boring’ is definitely not in their dictionary.
MBA Will Burn a Hole in Your Pockets
No doubt that MBA programs are expensive; however, if one pursues it with dedication and hard work, every penny spent on MBA is worth it. Moreover, there are plenty of education loans available that support students financially.
Once they have completed their course and are placed well, students can pay back their loans. As jobs for MBA graduates are mostly well-paid, paying back loans is easier and faster. Other than this, many colleges in India and abroad offer scholarships to talented applicants. One can also apply for such scholarships and get the chance to pursue MBA without worrying about the finances.
The Bottom Line
Keeping the mind open and not falling for such myths is one of the first steps to grow closer to dreams. We are certain that after reading this article, the myths that earlier posed as a hinderance to a step forward to MBA are no longer standing in MBA aspirants’ way. The only thing that should matter for such students should be their MBA branch and college.
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