Masterof Business Administration (MBA) is one of the most sought after professional
course not only for fresh graduates but for professionals also who want to give
edge to their professional skills and want to climb up to the corporate ladder.
This is the reason there are over 3,500 B-schools to fulfill the need of such a
large number of students. But there are certain myths which are flying around
the MBA aspirants nowadays.
1) Admission through CAT is only way to
success: One of the most common myths among the MBA aspirants is that they
will have better chances of success in professional life only when they get
their Master of Business Degree from a college which gives admissions on the
basis of CAT results. And hence an MBA degree will from any college will not
work for them.
2) MBA is an expensive course: The
other very common myth in the mind of the MBA aspirants is that they will have
to pay hefty amount of fee in order to get an MBA degree. Tough this fits to some
of the B-schools but in this highly competitive world, MBA aspirants can
definitely found college whose fee will be easily affordable to them.
3) Admissions end by March-April: Lots
of MBA aspirants have this myth that like other regular courses, admissions of
MBA too close by the month of March-April. This myth is backed by a solid
reason and that is, admissions of most of the regular course like MA, M.Sc, M.
Com normally take place in these months.
4) Entrance exams must for MBA admissions:
Admission in a B-school without appearing in exams is something like
daydreaming but its fact that entrance exams is not a pre-requisite to into a
B-school. One may found this bizarre but there are some B-schools which are
offering admission on the basis of academic background.
5) Decline in job for MBA holders:
Nowadays MBA aspirants are very conscious and are unable to decide whether or
not they should take admission in MBA program. The reason behind that is the
myth that the value of MBA degree is declining and it might not provide a
desired career in future as the world economy is going through tough time for
the last few years.
But,
these are only myths, and have no connections to the reality. One must be
self-confident of one's skills and abilities and try avoiding getting trapped
into such things, while preparing for MBA admissions.
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