Let us look from an employer’s perspective. The biggest problem that an employer faces is the large gestation period between hiring a new employee and that employee becoming productive. Each day, a new employee is “learning” instead of “performing” translates into hundreds of thousands of Rupees to the employer. Therefore they are always looking at a solution where a new employee can hit the ground running akin to an aircraft being able to take off without a long run down the runway (a V-TOL and S-TOL aircraft does exactly that!) The MBA was the answer. If a prospective employee could get a feel of what a working environment as a manager or leader was, before she actually got into that role that would be great.Therefore the first reason for a MBA course: it helps you acclimatize for your stint in the industry just as days spent at a base camp help you prepare for the climb to the mountain peak
Secondly, multi-skilling and multi-functionality is a desperately needed quality in individuals and in short supply. A MBA degree is supposed to prepare you for a role where you can handle different jobs with relative ease. Let us say you are a Sales Manager and need to be transferred into Production. Do you have to learn the ABC of being a Production Manager from start? Not if you have a MBA degree.
There are other reasons why an employer would prefer a MBA (it acts as a filter in selection processes for example) As a student if you want to do a MBA it is because you have to be seen as useful and value-adding to your employer. Now you know why …
By Arunav Banerjee, President, SOIL Innovation Board. Faculty, School of Inspired Leadership (SOIL)
Arunav Banerjee is currently the President of SOIL Innovation Board at School of Inspired Leadership. He has 15 years of consulting experience & has worked with firms such as Ernst & Young, Arthur Andersen, & PricewaterhouseCoopers. He had earlier launched his own consulting firm Triple A Consulting. His areas of expertise include Organisation Design & Structuring including branding for several organisations across sectors. He has also developed his own job evaluation methodology which has been tested across many companies including Infosys.
Arunav also enjoys coaching & mentoring. He writes a column for the Hindustan Times on career related discussions. He completed his Bachelors degree from IIT Kharagpur and then did his Post Graduation in Behavioural Sciences from IIM, Kolkata. He also has a degree in Law from Bangalore University.
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