Misbelieve For MBA In India - ITM Lucknow

 Earning a Master of Business Administration (MBA) from a good business school takes hard work and dedication.I Want to recommend you the Best College For MBA In Lucknow

Here are the top ten myths I often hear as a graduate of a top-ranked MBA school:


Anyone can get an MBA


Perhaps anyone can complete one of the many inferior MBA programs that exist. To get an MBA from a reputable business school, you have to work hard and be dedicated. Earning a prestigious MBA is not easy and requires a lot of focus and study.

 

All MBA schools are good


If you want to advance your career, boost your salary, or advance your career, only a small portion of MBA programs are beneficial. There are thousands of MBA programs and business schools, but most are not known or recognized in the "business world." Top business schools are highly ranked in prestigious MBA rankings and/or accredited by AMBA, EQUIS or AACSB,

 

MBA rankings are not important


There are good and bad MBA rankings. A top ranking in one of the influential MBA rankings, such as those from The Economist, Financial Times or Businessweek, is extremely valuable to an MBA program's reputation. Individuals who have earned an MBA degree from a top-ranked school typically receive a higher salary and more job offers than those who attended a non-ranked school.

 

An MBA guarantees career advancement


An MBA degree from a reputable business school certainly helps convey that a certain level of skill and knowledge is possible in an MBA graduate. However, there are no guarantees, and career advancement, even with an MBA degree, still depends on hard work and the ability to perform one's role well.

 

An MBA guarantees a high salary


With a good MBA degree, a high salary is easier to achieve, but there are no guarantees. Just as an MBA is no guarantee of career advancement, neither is a high salary. Those who earned an MBA from a good business school had to work very hard and make the right business decisions to earn their MBA. The same skills are necessary to earn a high salary.

 

MBA distance learning programs are just as good as others


Learning is as much about experience as it is about hard facts. A big part of MBA degree programs is learning from others in your class and learning to work in high-performing teams. Distance and correspondence MBA programs (i.e., those that do not require physical presence in class) fall short on this important part of an MBA degree.

 

MBA programs are expensive


Attending good MBA programs is expensive. The return on investment (ROI) of good MBA programs (which tend to be the most expensive) is significant and far higher than attending a less expensive, but not as prestigious MBA program. An MBA is a major investment and should be viewed as an investment rather than an expense.

 

Competent business people do not need to do an MBA


You have to develop yourself to get better, and employers frown on people who do not improve their skills. There are few, if any, better ways to develop one's business skills than to complete an MBA program. I have yet to meet an MBA graduate (from a prestigious business school) who did not benefit from attending an MBA program. Certainly, an MBA is not a requirement to be successful in business, but with an MBA, the chances of success are many times greater.


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