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What Are The Biggest MBA Myths?

August 29, 2024

MBA is one of the popular courses that help students fulfill their dreams by providing various specializations, designed activities, several Industrial visits, and so much more.

Yet, there are certain myths that are holding aspirants to acquire MBA qualifications. It is very important to bust those myths and help students face reality.

In this blog post, we will help you understand,

What are the myths that need to be busted

 

Let us begin!!!

1] MBA is hype

Many believe, MBA is hype! But to what extent is it true?

We would like to say MBA is worth the hype.

The reason to say this is, the gains and returns it offers after completion of the course are tremendous.

2] MBA is not essential

Grads believe doing graduation is enough and there is no need to do post-graduate studies.

However, students miss out on the important aspect that specialization is crucial while you are hunting for jobs and it plays a major role.

3] Time-consuming process for application

Aspirants back out their plans of doing an MBA for the reason they believe the process for the application to higher education is time-consuming and strenuous.

However, it is not true entirely. Many Institutes admits students through ‘Personal Interviews’, and one of the best institute to recommend you will be ‘Thadomal Shahani Centre for Management that trims the application process and conducts Personal Interviews for applicants.

4] No jobs in the market

There is also another myth among students that, after completing their MBA courses, there is no job guarantee as there are no jobs in the market. Although, this is a false belief among aspirants.

Many big companies hunt for young talent who possess confidence, skills, domain knowledge, and MBA certification.

You can see how TSCFM has placed many students in top companies

TSCFM Placements

5] Degree over knowledge

One of the biggest myths is that degree is top over knowledge. There is a misbelief that you must only require an MBA certificate to set foot in the market.

This thought is extremely untrue and not to be considered by students or aspirants. Knowledge & degree both go hand-in-hand. Knowledge is the key essential aspect to kickstart your career.

These myths need to be busted as soon as possible, as this is becoming the biggest hurdle between students and their dreams and goals!

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Richard Alderson

Richard is a serial entrepreneur, who has founded three social enterprises in the field of education. These include, Unltd India, which incubates and educates start-up social entrepreneurs and Career shifters which educates people who want to make a change in their careers.

Thomas Power

An experienced business leader, who has successfully founded, built and sold a number of businesses in the e-Commerce, Social Networking and Call Center arena.

Janet Bray Attwood

Janet’s company, Enlightened Alliances create relationships between individuals and organizations that are doing work to create a world of abundance, harmony and mutual support. She is also co-owner of one of the largest transformational online magazines in the world, Healthy Wealthy n Wise.

Mike Handcock

Mike currently owns numerous business interests and has a passion for coaching and training. Mike has owned businesses as diverse as construction, human resources, music production, marketing and property investment.

Dave Rogers

Born in Canada, of mixed Asia and European heritage, Dave is a dynamic global leader and speaker on today’s key business issues.

Niranjan Hiranandani

Indian billionaire entrepreneur, co-founder, and managing director of Hiranandani Group, engaged in real estate business. He is ranked by Forbes among the 100 richest Indians.

Devan Kampani

An MBA from New York University, Devan has been a senior member of the JM Financial group over the last 20 years and has worked on many prominent M&A deals. He has a deep interest in education as is also on the advisory board of a well-known international school in Mumbai.

Ronil Sujan

Ronil runs his proprietary investment fund, Raaga Holdings out of Singapore. He has over 20 years’ experience across India, Asia and the USA. In the last seven of his fourteen years with the Rabobank Group, Ronil was the Managing Director & Head of Investment Banking Asia-Pacific at Rabobank International. He was on the Board and Global Exco of the global JV with NM Rothschilds.

Dr. Akhil Shahani

Managing Director

Dr. Akhil Shahani is the Managing Director of The Shahani Group, which runs a franchised range of colleges. His colleges incorporate global, industry-oriented education systems that make their graduates truly employable. With an MBA graduate from the Kellogg School of Management and a Doctorate in Education from the University of Liverpool, Akhil is trying to bring international methods of education to India. He believes that quality education involves academic learning and developing one’s network, personality, and values. In addition, Akhil serves as the Chairman of Global Discovery Schools, which is a franchised chain of 14 innovative schools. He was previously a venture partner at Kaizen Private Equity, which invests in education. He also mentors young entrepreneurs in his spare time. Akhil has been listed among the 10 most influential education entrepreneurs and one of the top 50 thought leaders in higher education. He is the recipient of many awards for his work in education, like the Jamnalal Bajaj Award, the Bharat Shiromani Award, PIMR Outstanding Educationist Award, Rex Karamveer Chakra Gold Award, the Bharat Gaurav Award, and the Indira Gandhi Priyadarshini Award, among others.

Dr. Maya Shahani

Chairperson

Dr. Maya Shahani is the Chairperson of the Shahani Group and the Thadomal Shahani Centre for Management, which are synonymous with the promotion of quality education. She is also the trustee of the HSNC Board, which runs 27 prestigious educational institutes in Mumbai and is the parent body of the HSNC University. As the Vice Chairperson of the Global Dialogue Foundation (GDF) Dr. Shahani works under the aegis of the United Nations Alliance of Civilizations to bring in unity in diversity through embracing all cultures. Through her efforts, India is recognized as the global headquarters of the United Civilizations. Dr. Shahani is currently working with Dr. Tony Nader  (Leader of the Global Country for World Peace), along with Janet Attwood, to train the students of her various institutes in the technique of transcendental meditation for world peace and to set up a Vedic village in India. A recipient of several prestigious awards, she is as comfortable meeting global leaders as she is working in villages and slums. With “Ethical Excellence” as her credo, she fulfills her duties with compassion, love, and commitment.