MBA has always been one of the most popular courses in India. And when it comes to management institutes, India is one of the top countries in the world. There are many people who opt for this prestigious post graduate courses in the country. In fact, it has become a quintessential for many graduates. Yet it does not hold the value it held once. What is the reason? Let’s find out –
MBA From Tier-II and Tier-III Can’t Help Recover The Fee Investment
Although IIMs and other premium institutes still have the power to help you recover the investment, but Tier-II and Tier-III colleges can only help you to get a 30,000-50,000 job. Such salaries can even be received after graduation.
Doesn’t Give Any Real Entrepreneurship Skills
An MBA course is no guarantee that it will teach you the real tricks and tacts of the business world. All it does is give you a degree that you have the basic knowledge and skills of how information is processed in the real world.
Many Cheap Alternative Options
You can even do a CA, Data Analytics course, CMA or a CS course, which are way cheaper than a regular MBA course and still rise to the same prominence in the corporate world.
AI Is Taking Over Basic MIS
The data processing skills will eventually be handled by AI. Computers and cloud have even taken over basic HR skills. So, is it wise to invest such big amounts in such expensive courses.
Too Many MBA Passouts In The Country
The biggest curse in India is its big population. Since nobody is indispensable, companies have an alternate for every employee, especially MBAs because our colleges and our workforce is producing MBAs at faster rates than required.