Tuesday, May 29, 2007

Why MBA ? Why ISB ?

Of late I am receiving a lot of queries on whether people with 8+ years of experience (or 7+) do MBA? Whether ISB is the best place for it? Is not IIM A better?

Doing MBA or not is a very personal decision and the reasons why one would take up business education in his / her career will differ. Hence I (or for that matter anyone) cannot give a concrete answer on whether MBA will help in any career or not.

I would rather pen down the reasons and the logic why I chose to do MBA at this stage and why ISB:

My take on this was very simple.

In IT (from where I came) nowadays position (leadership) is more a function of time than anything else. However that is the same reason why we see so many not so deserving candidates getting positions of power and authority more because there is no alternative (I call it the TINA factor).

Business Management requires to have a holistic picture and the decision making has to be in line with that holistic view. For example, I as an Engagement Manager may feel that continuing work in my current account is the best option, without realizing that I may not be adding value to the organization. I may also as a manager hold on to resources and under utilize them rather than release them for more productive and profitable use. I have worked under some of the best managers and have also seen some not so good apples in the industry.

I have seen so many PLs, PM, and Relationship managers who have no clue if their project is doing good or not (in financial terms, customer satisfaction etc). Many times I had to explain to people in leadership position that we are here to make money PERIOD. Many managers do not understand the importance of margins, up sell, cross sell etc. I being a CA always viewed everything from a financial angle (which is a myopic view as well). I realized that I am missing the holistic picture.

There were two ways to mitigate that gap. Read up or Go back to School. For me Go Back to School was a better option because I wanted to learn in the right fashion and understand the concepts and perspectives. The next question was - Full time or Part time - and the answer for me was Full Time - If this (managing) is what I intend to do going forward I cannot take half measures. The next question was One Year or Two Years - I decided for one year because I think the 8 years of exp has given me the basics on which I can build up. The final decision to choose ISB was simple. It is the best school in its category across the world. The visiting faculty profiles are great !!

Hence I thought that I do not want to become an incomplete manager. If I want to lead or manage I need to have all the right tools.

ISB was my first choice and here I am.

You all too need to do some more thinking on why you want to MBA and then make the choice. I was also helped immensely by others in this decision making. The decision took 2 years to materialize. So it was not something that suddenly popped up in my head and I jumped into it.

MBA can make sense at any level as long as it makes sense to you.

12 comments:

Anonymous said...

Thank You. This was useful for me.

bIGtIME lOSER said...

thanks very much.. i think i got some more inputs about why i should do an MBA..

Prerna said...

thanks, it is really well thought and written....i agree that the story should be very clear

Anonymous said...

Fed up with getting low numbers of useless traffic to your website? Well i wish to inform you of a fresh underground tactic that makes myself $900 every day on 100% AUTOPILOT. I possibly could be here all day and going into detail but why dont you simply check their website out? There is really a great video that explains everything. So if your seriously interested in producing effortless money this is the website for you. http://www.autotraffic-avalanche.org

Anonymous said...

gqsuhlsfi http://www.free-mass-traffic.net/free-mass-traffic/free-mass-traffic-review Free Mass Traffic

Anonymous said...

Pretty! This was an incredibly wonderful post.
Thank you for providing this info.

my page ... http://naturalanxietyremediestips.com

Anonymous said...

Great site you have here.. It's hard to find high quality writing like yours these days. I honestly appreciate individuals like you! Take care!!

Here is my website ... vexxhost review sites
Also see my website: vexxhost Evaluates

Anonymous said...

If you wish for to increase your knowledge simply keep visiting this website and be updated with the most recent
news update posted here.

Here is my web page; JustHost Testimonials
my site :: Designskala.Com

Anonymous said...

We stumbled over here from a different website and thought I should check things out.
I like what I see so i am just following you.
Look forward to looking over your web page yet again.



Here is my blog post Web Hosting Testimonials

Anonymous said...

At this moment I am ready to do my breakfast, afterward having
my breakfast coming yet again to read additional news.


Here is my web site web hosting toronto canada

Anonymous said...

Very shortly this web page will be famous among
all blog people, due to it's good articles

Also visit my web site; best web hosting packages

Anonymous said...

It's a pity you don't have a donate button! I'd without a doubt donate to this superb blog! I guess for now i'll settle for book-marking and
adding your RSS feed to my Google account. I look forward to fresh updates and will talk about this blog with my
Facebook group. Chat soon!

Here is my blog post: Vexxhost Testimonials