Is MBA a Scam? Find the Truth Here!
A Scam?!
MBA isn't necessarily a scam, but it isn't for everyone. Students see MBA as a path to high-paying jobs, but that is not always the reality.
Let’s weigh MBA and see if it is a good investment!
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High Costs
Additional expenses: accommodation, books, and lost income
Top MBA programs in India can cost up to
₹20 lakhs
Financial burden is significant for many families
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Uncertain ROI
Not all MBA graduates secure high-paying jobs
ROI varies widely by institution and industry
Many graduates struggle with student loans
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Quality of Education
Fresh graduates often opt for MBA aimlessly in the pursuit of a job
But they often lack the practical skills that are required by the industries
MBA is a specialization degree which is good for people with work experience
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Corporate Sponsorships
Companies like TCS offer MBA sponsorships
Fresh graduates can pursue MBAs from tie-up institutes like IIMs
In exchange, they commit to work with the company for a set period
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Alternative Paths
Gaining work experience before an MBA can be beneficial
Online courses, certifications, and in-company training
Many successful professionals thrive without an MBA
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