The rush for MBA is really a rush for big money!

The rush for MBA is really a rush for big money!

Today MBA has become a preferred qualification for each and every individual be it an engineer or doctor. Is it because everyone wants to earn more money?

For:

- The fees for an MBA course is often high, especially if it is been done from a premier institute like XLRI, IIM, etc. and hence they seek higher salary packages once they enter the job market
- In addition, since it is a preferred degree by most of the employers, they are willing to pay higher salaries as well and hence the MBA students have a standard and a distinctive class
- The course of MBA is based upon honing the managerial skills of an individual and is one of the most important things to enter into a Multi-National company or family owned businesses as well. In both the cases, an employee in a Multi-National company attracts higher salary package post doing MBA and a businessmen will attract more profits
- A MBA degree refurbishes the persona of the individual, displays buoyancy, and assures satisfaction. It also improves his decision making dexterity without any expense of making a subverting mistake.

Against:

- A bachelor’s degree limits the growth avenues for an individual and hence leads to dissatisfaction in job
- A MBA degree does not assure high salary packages to an individual, as it is also dependent upon the capability of the person
- There is an increasing number of B- schools in today’s time and not all of them hold that importance and the quality of education, hence not assuring high salary packages in return

Conclusion:

- MBA degree gives an edge over others not only in terms of salary but also in terms of knowledge, hence rush in MBA also makes the individual eager for big money as well.