Dear friends,

Do MBA’s make better managers or business leaders? The MBA debate continues furiously. So is the popularity of MBA programs worldwide. Though popular the management studies might be they make a very miniscule percent of successful CEO’s and business leaders compared to legendary leaders of business who are non MBA’s.

An MBA degree is at best a degree which due to its expensiveness and academic entry barriers attracts the top 5% of the students who are generally good in disciplined academics. The HR fraternity mistakenly thinks because they constitute the top of the academic populace, especially the premium Management Educational Institutes in the world, they must be good.
MBA’s usefulness has been hard to measure and evaluate. While it cannot be denied the stress on analytical abilities and concepts does give a broad view of what constitutes management, one can also learn the same through self studies easily if one can only exercise the disciplines of the academics into one’s own lifestyle.

While we may have some big names who are business management graduates from the top global institutions, we also have the legends like Bill Gates, Michael Dell, Steve Jobs to mention a few while no major names who are MBA’s come to mind as easily. Even Dhirubhai Ambani – Reliance Group was a non MBA.

If business success is a matter of knowledge which is what the expensive management education business is touting, the knowledge industry itself is dominated by people who have hardly been to a management school and made a big success of it.

The legendary Peter Drucker does not come from a management educational background. Most of his management thought comes from practical observation of the business in action as a consultant and researcher. The management principles and theories propounded by him are taught in the management schools. His managerial thinking is at least 30 years ahead as some of his thoughts written even in the 50’s is only now recognized as indispensable to running a business.

On the other side of the coin is the MBA’s running companies like the GE, entire nation as in the case of President George Bush or the top global consulting organizations. How successfully is a moot point?

While the contribution of the MBA’s cannot be denied in the mid levels, the leadership abilities are questionable. The phenomenal salaries and perks associated with the MBA’s and the HR skewer towards them ignores the potential available and learning ability of the entire workforce. If the same amount of money and resources are spent in training and developing the non MBA workforce, organizations may be able to develop more leaders at a lower cost.

So never be presurrised......if you have ability, you can win....:-P

From China

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I am really surprised to see your views in addition to my thread and impressed also. Whenever I post a new thread, always expect such comments/replies. Hope to share and to be shared with a lot's of knowledge with such experienced professionals.
Bye the was nice written interaction with you...
Hope to be in touch.....

From China
Dear Deepak,
Thank you for the posting. How true your findings and well written too. As an academic who has taught MBA students and interacted with a number of MBAs from India and abroad, I concur with your views. We have Richard Branson in Uk who is running an empire and he is a school drop put.

From United Kingdom
Dear Sir,
I always inspired by your views on certain topics. Really not only these professionals, who have changed the meaning of being MBAs, even we have few more name to count Swami Vivekanand, Ramkrishna Paramhansa, who was niether MBAs or not Businessman, but the thought was beyond the limit.
Thanks a lot to share your view..

From China
Dear Deepak,
What to say after the comment of these maharathis,but I totally agree with you on this point.Though I m a MBA.But Its true leedership and business can never be taught.
Its a mania.
Keep posting such stuff!!

From India, Indore
I am done my MBA degree in Distance Education, but some company is not recognized my qualification, why! Regards, Suresh kumar
From India, Madras
There is INLEAD Institute offers MBA in international Business Management program trains the individual for foreign markets and organizations with global Footprints. At INLEAD we not only help students in gaining in depth knowledge of international business through rigorous academics but also give students hands on experience in international business practices through mandatory internships with multinational corporations. The students of International Business at INLEAD will receive ample knowledge and exposure to prepare them to become a part of the global economy. The program modules are developed after thorough academic research with an objective to make students gain contemporary learning and conceptual knowledge mandated by the demands and expectations of today economy at large. The full time PGDM, MBA and Ph.D. degree are awarded by Mewar University in collaboration with INLEAD.

International Internship / Placement: Industry training is an integral part of the study program at INLEAD. The training and placement cell will assist interested students with international internship / placements in USA, Canada, Europe, Middle East or South East Asia with a multinational corporation. While on international assignment, students are required to write a report about their experience and prevailing business environment in the country of operation. Students will be under contractual obligation with their employers, which will entitle them to receive fixed salary / stipend during the training period.

From India, New Delhi
Dear Deepak, Brilliantly written!!! Agree with the ideas and yes MBA do give a roadmap..... but its own business sense and risk taking ability that paves the roads.... Regards, Ashutosh Thakre
From India, Mumbai

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