I have been thinking about doing an MBA for more than a year now. Wanted to do it when I was in college, never did it because I started Magnet in last year of college. Was talking to Naveen the other day about personal MBA, and it came up again.
What’s the best MBA program for me? At this stage, I can’t do a full time MBA, since Magnet is in growth phase. Time is a constraint again. I understand there are different programs, and the value of each is different. Executive MBA, Part Time, Distance Learning and of course full time. There are tons of institutes offering the program – including foreign ones.
I asked Ashok, and he said why do you want to do an MBA! The purpose is to get a degree and to grow the network. I certainly will get to learn a lot of theories, but that’s not what I would do an MBA for. There is still some time for the entrance exams etc, but I want to think about it in advance!
At this stage, I am unclear.
Any advice?
The purpose of a MBA is to form relationships with your colleagues. If you aren’t going to be able to sit in class with the same set of people for a couple of years, don’t do it at all.
I have to ask the same question: why do you want to do an MBA? You’re already well-connected. It doesn’t make sense for people like us, unless you actually want to learn something (which you can learn on your own).
Thanks for the valuable suggestions. Authentically speaking, here’s why I am thinking about an MBA:
– It’s an old dream! Not fulfilled yet!
– When Magnet goes public, it would make better sense to have an MBA as a director 😉
– To get better grip on finance / numbers.
I can easily read books and learn the theories. As of now, I am more inclined towards a distance learning program. Gives me the freedom to do anything else I want, at the same time gets me an MBA. There may not be much value of distance MBA in the market, but I won’t even need it!
Since I know you and your work situation my suggestion would be to look at Part-time MBA courses which happen on weekends at colleges. This way you not only get the education but also a chance to network YET committing time to your running business.
Welingkar had some interesting programs which I was very keen to do but have gone into a re-evaluation. I have also been suggested to look at Distance MBA from Symbiosis.
Trust me I am also very confused about what and how to go about the MBA path.
If you want to get a better grasp on numbers, I recommend a course in statistical analysis instead of an MBA, so that you can filter out the bullshit that MBAs (and salespeople) spew.
I would also recommend getting a trusted CA, and a good lawyer.
hello sir,
if you are really looking for MBA according to me go for Executive programs from some big institute.
MBA from such giant colleges will really help you in growing your buisness.
well i am sending you a link whr you will find many courses a top colleges in india.
http://www.successcds.net/MBA-Admission/Executive-MBA-Programs.php