Has the MBA bubble eventually burst??

ROHAN KACHALIA

ROHAN KACHALIA

Par 100 posts (V.I.P)
Hi

You all know about the recent developments in the world markets; liquidity crunch, recession, job cuts, pink slips etc etc....Most of the Post grads especially the MBA's not only from India but from the world over are facing high risk of losing their jobs.

Even IIMs are facing the heat....many companies have stopped recruiting & the students of MBA are landing with jobs of not thier likings.

So now what is the option for all those students aiming high??

Has the MBA bubble burst???

Is it the time for students to opt for other professional courses??

Pour in your views................
 
its not only MBA students who are caught in this whirlpool but basically everyone
what would you do if you were a manager in a situation where...
u can hire a person from some other MBA coll who won't demand a high salary and the productivity would be almost in par with an IIM student
OR
hire an IIM who will demand high salary and the increment etc is also high
WHOM WOULD YOU HIRE???????

by productivity in par i mean... big MNC"s already have their systems in place so the job would involve enhancing it and maintaining it

whereases a new company has to built this system........
the former is definitely easier
 
I would say the MBA is not a bubble.Ofcourse the Billion dollar salary in IIMs will not heard for atleast a couple of yrs.Things will change and the financial industry will still recruit the IIMs but with lower tag.This is the right time for other sectors like IT,Retail to start grabbing the talent.So finance sector will no more have the coveted place in B-Schools.All sectors will have a level-playing field this yr and stratospheric salary will touch the ground this time.Still the recruitment will not come to standstill.Moreover the rescue of Lehman Brothers was not in the hands of few MBAs.The financial system became so complex tat ppl really dint see the intricacies of it and everyone was busy counting their billion$ bonuses.

-Deepak.
 
I agree tht mba is nt a bubble, and i think ups n downs r meant to b der in any economy... its just our bad luck we r at this time.... but keep up the hopes n spirits!
 
would say the MBA is not a bubble.Ofcourse the Billion dollar salary in IIMs will not heard for atleast a couple of yrs.Things will change and the financial industry will still recruit the IIMs but with lower tag.This is the right time for other sectors like IT,Retail to start grabbing the talent.So finance sector will no more have the coveted place in B-Schools.All sectors will have a level-playing field this yr and stratospheric salary will touch the ground this time.Still the
 
satyam can gain its creditablity back

hi
i said no this is because it takes a lot of time to its creditablity back to the investor back because when a investor loose its confident than they cannot buy easily the share of satyam because investor has lost lot of money in the global receesion afterwards the burst of the company so investor could not easily belive that they can back its confidence.
 
No,The Mba bubble has nt burst.Its jus that the time is nt rite fr ppl both wanting to pursue mba and passing out of dare courses.And the so called fraction of openings have been consumed by ppl handed over the pink slip or left the job or wanting a shift...As soon as the economy takes a rise MBA is gonna b back in business.
 
no i dont think that mba bubble has burst because i think that organisation's even now needs mba's for their operational functioning..............
 
No MBA is not a bubble and will never be a bubble. After 5 yeras in our country MBA is a must for everybody if you want good job....Ashvin
 
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