MBA as a hedge against Economic Slowdown.....

J

japan.shah

New member
MBA is a professional degree and is designed and made as per the need of the market, and also changes as the market changes. We can see in the past years the demand of MBA has incereased as there were lot of opportunities in the market, the skills of the MBA was not exposed in a good market. But in this slowdown which India is facing the MBA with good knowledge will survive and prove themselves.

More and more students will be joining the MBA courses this intake as the job market is not good , so people will invest their time in quality education rather than working with the fear of loosing their jobs.

There are many experienced people who want to take a break from their work and study as there are not much opportunities outside.

The education sector will prosper and the knowledge workforce in India will incerease because of the slowdown, i know that is being very optimistic but that is what one is expected to do in such situations.
 
even though their is crisis in the job market.. the personal department need people , in my opinion crisis will helps to understand the cost cut strategy,and competency mapping become core important.
 
If nothing else a good MBA gives you the tools to understand why changes like the ones that happened globally (the financial crisis) occur and how they affect you. It tells you how countries all over the world have tried to respond and why printing money is not always a bad thing. It also tells you that you have to be equally vigilant on the upswing and mop up some of the excess money that is being printed right now.

It will also give you an idea as to why the various countries response to this situation, whether it is monetary or quantitative easing tells you so much about the competence of their central bankers and the political will in the country. By now you should be able to predict which currencies (and countries) will emerge faster out of this crisis and which countries are likely to see increasing social unrest.

Again, you did not have to be an MBA to understand this, an economics degree or reading would have sufficed :-)
 
You must log in or register to reply here.
Back
Top