An MBA in Recession time: Does it make sense?

we,, an MBA in recession is one of the positive tho0ughts a student can get into during these trying houtrs............as rightly put the institute choice attains that much more improtance during recession becoz the demand n supply missmatch is rearranged and recruiters become choosy...........but with every pundit sititn back n predicting an economic revival a MBA to cope with time n also to bide time would be an excellent strategy!!!!!!!!!!
 
Industry is governed by a simple basic funda of "Survival of the fittest". It will always put a question mark in front of you. It will always ask to prove yourself. During recession, when every where cost-cutting and man-power reduction becomes a frequent part, the question mark will be clearly visible. To become the fittest, you should always keep on adding value in yourself and the recession is the best time to go for a value addition like MBA courses.
 
leaving a job and doing an mba would not make sence..............but for a fresher.......its the best time to study
 
navin_c said:
An MBA in Recession time: Does it make sense?



An International MBA is an important decision for most students not only because it involves a substantial investment of money and time, but also because it is important for making a career change for some people. For others, it is a route to making an international career while for others it is simply to seek a good alumni network.


How effective an MBA is, in meeting these end objectives, is clearly a function of what kind of program you enroll into.

In good times, it did not matter much, which B-school you went to, but in bad times like these, every decision can become important. Shorter programs have suddenly gained relevance. In some cases, students have begun to opt for lower cost programs at lesser known B-schools or even seek out specialized programs.

Should one undertake an MBA in such an environment then? While these are good times for a sabbatical, admission in B-Schools are also becoming difficult thanks to the deluge of aspirants in the current environment.

Aspirants with I-T related backgrounds face this problem more than others thanks to the increasing number of former software/hardware engineers who are on the bench these days.

One solution that is often used by students is to increase their number of applications so as to make sure that they are able to get into some school or another. This is not a right move and often works to an applicants disadvantage because he/she is unable to justify to each school why they would want to enroll for their respective program.

Others choose to apply to lower ranked schools than they should be applying to, simply because the number of applications to every school has increased.

Seeking advice can solve a lot of these problems. Talking to students and alumni from your chosen school, local representatives of overseas institutions and doing extensive research on the Internet can be a fruitful exercise in helping you making your shortlist.

PLS DO POST YOUR COMMENTS ON IT.THANKS.................
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HR Gurus will tell you that i such times you will have to strive through this phase and take up any job since it difficult to get jobs...
take what you get.. don't be choosy else you won't get even that..

It is said that beggars can't be choosers!!!
And if wishes were horses, then beggars would ride.....:SugarwareZ-165:
 
MBA is an important decision for most students as it involves a substantial investment of money and time.
How effective an MBA is depends on what kind of program we enroll into.
MBA would be the right choice to any one after graduation as it teaches many strategies and application to tackle any situation which are unexpected, and for education there is no recession.
Recession is not going to stay indefinitely.
The best time to go for an MBA is when alternate opportunities are less attractive.
MBA programme is relevant in the boom time as well as in recession, so it is a force-multiplier in this regard.
We should not consider MBA course fee as an expense rather take it as an investment as it pays off in the future.

:SugarwareZ-122:
 
.An MBA in Recession time: Does it make sense..gud question................quite concerning though.............................it is as wrong as saying earth is at top and sky is at bottom...............it dos if u hv black monsy though........................................................................or white even.................An MBA in Recession time
 
Well.. I guess the recession has taken out an individualistic approach from almost everybody who has faced it, at such juncture there is no single handed approach that can be accepted and be studied as a course for a sure shot solution.. so I guess every specialization can have a separate topic of study close to recession
 
MBA is course which ignites a candidate, enlightens, creates aspark of knowledge
& KNOWLEDGE always makes sence if applied with commomn sence
no MATTERS WITH RECESSION
 
an MBA is always a good idea. You just have to curb your expectations in terms of compensation and easiness of getting a good job if you are a new grad. If you already have a good job, it will provide many new opportunities for climbing to a managerial position.
 
recession is such a thing even if hav a degree power it will not do as if the company doesnt hav enough money to pay u how will they hire u:SugarwareZ-077:
 
hrishikesh_desai said:
Popular Quote post the current fiasco ........

"There are two sides to a Balance Sheet.- Left & the Right (Liabilities and Assets respectively) on the Left side there is nothing right.. and on the right side there is nothing left"
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Well said...there are two sides to one coin....gaining knowledge is always an upgradation of ur core skills and management education is no exception but the fact still remains that during recession the applications for managerial education increase manifold...it helps an individual to gain better jobs when the economy recovers and ofcourse the placement cell of institutes is always there...
 
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Your answer is very interessting ... It's true, but in reality... recession si everywhere and not only in India
 
MBA in recession makes perfect sense for a two reasons that recession mostly last a year or two and then market start recovering.... its a cyclic process... 2) an added degree implies you are more competitive for limited number of opportunities in the time of recession
 
One solution that is often used by students is to increase their number of applications so as to make sure that they are able to get into some school or another. This is not a right move and often works to an applicants disadvantage because he/she is unable to justify to each school why they would want to enroll for their respective program.
 
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