| Business Standard (India), Anand Iyer/New Delhi November 20, 2007 |
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Without doubt, an MBA from a good business school prepares you for a career, be it as an entrepreneur or as a tenured professional in an existing setup.
The typical MBA course content is functionally laid out as finance, strategy and policy, marketing, production, systems, HR and so on. The hope really is that an astute student is able to translate the theory learnt in class into practice in most situations.
B-school for me was an amazing world of learning. Sure, some subjects were rather dry, but I suspect most of it was in the way the subject was taught.
In that sense, the better schools are equipped with better faculty and resources for teaching, and that makes all the difference.
I recall that a full credit course in business law was one of the most attended classes in my batch, because it was taught outstandingly well. Overall, I would attribute a lot of my professional success to what I learnt at B-school and applied in practice.That said, I still think there are things a B-school education does not prepare you for, or does not teach much about.
You don’t really start out as CEO after B-school:...
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