July 16, 2012

Selecting a Good MBA College

MBA is not a mere degree. MBA is a path for one to become a Manager. Manager is a person who has the abilities and competencies to manage scarce resources – men, machines, money, time, technology, etc. Therefore the MBA College should be capable of delivering the following skills, competencies and abilities in students:

1. Academic achievement with cutting edge curriculum which demonstrates application and
high standards of performance; Market driven specializations which can provide an edge in the employment;
2. Communication skills to carry one self with confidence;
3. Ability to analyze so that one distinguishes relevant from irrelevant information, identify issues and problems;
4. Commitment to enable seriousness of purpose;
5. Practicality which helps in being real and able to set attainable goals;
6. Maturity that develops tenacity, independence, organization;
7. Decisiveness in order to find facts, clarity of mind, ability to judge and the courage to take and implement decisions;
8. Critical thinking skills;
9. Intellectual creativity to think differently and develop new concepts and ideas;
10. Capacity for hard work through self-motivation, self- discipline and time management;
11. The mastery of IT skills by imparting knowledge of statistical packages, spreadsheets,
databases, etc.;
12. Adaptability so that one can work with fellow-employees from diverse backgrounds.

Problem with MBA colleges:

The current state of closure of MBA colleges is a market correction based on quality criterion. What ails the MBA colleges in the State today are –

1. Substandard teaching
2. Poor infrastructure
3. Lack of academic discipline
4. Lip service paid for employability skills
5. Not paying enough attention for practice of management
6. No industry interface
7. Insufficient focus on research
8. Virtually no faculty development on a continuing basis
9. Low aspiration level among the stakeholders

MBA is an aspirational course. Both the faculty and the students should have positive mindset, high aspiration, sense of achievement and high energy to be successful.

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