We are in a phase where business schools in India are rapidly gaining popularity, where the once ignored management courses are stepping into the spotlight, where soft skills have become the new hard skills.
And with the fame comes rumours – and that’s exactly why we find MBA Aspirants lost in myths, contemplating whether business schools are right fit for them.
Take this as your chance to clear your misconceptions and tick-off that MBA plan from your checklist.
Myth: Business school isn’t for introverts
If we try to picture a business school – loud discussions, enthusiastic speakers and bright classrooms dominate our imagination.
And this is the exact reason introverts often feel out of place in a management environment.
But it’s high time we break the myth and think out of the box – business needs thinkers too just as much as it needs speakers, they need analysts too not just communicators.
So if you are an introvert wondering whether MBA is right for you, this is your sign to consider a management course.
Myth: Business schools are too expensive – Is MBA worth the cost?
The awareness about business schools in India is still pretty low, so when people hear a new term such as “Business school” it’s natural to think it is expensive.
MBA Fee structure on the boards can feel heavy at first glance but when MBA scholarships come into the picture, the amount looks quite affordable. Not to forget the availability of MBA education loan and refund policy.
Add to that is MBA placement opportunities where you can earn the return on the investment (ROI) you made in your studies from the stage of fresher itself.
Myth: MBA has limited career opportunities
Earlier, MBA career opportunities were limited to traditional roles like line master, HR and marketing executive, operation supervisor etc, giving them limited access to career growth.
But as the time passes drastic changes have taken place, MBA students are now stepping into – strategic roles, tech-driven roles, innovation areas, consulting and analytics, finance & fin tech — expanding the career options after MBA significantly..
Myth: MBA requires a business background
“To pursue MBA after graduation, you must have a commerce or business background” — this is one of the biggest myths about management studies.
You see management in hospitals,
In the entertainment industry,
In schools,
And in the banking & finance sector.
Everywhere.
So, to pursue an MBA without a business background, you don’t need prior management knowledge — you need clarity about your goals and willingness to learn.
Myth: Cost of MBA = Quality of MBA
We often think the quality of expensive things is automatically good-the higher the MBA fees, the higher the value of MBA degree.
But when it comes to your MBA it might not always be true.
Balancing the cost of MBA with its future return on investment (ROI) is essential. Make sure you are not choosing a low-fee MBA program that lacks skill development and placement support, nor overpaying for a degree that does not justify its MBA return on investment. The return you will get in the future is the KEY.
Myth: Business schools are for people who have business plan
This might be the popular myth, it’s natural to get this thought that MBA programs are for the people who have plans to start a business.
But business doesn’t just run on founders alone, it needs HR professionals to manage people in the organisation, sales team to drive growth, marketers to build the brand, analysts for smooth functionality. In short, business schools don’t just create entrepreneurs, it prepares people who manage the business.
Myth: Business school rank decides your future
Many assume the rank of the business school is enough to bag a bright future after MBA.
While MBA ranking acts as an added value, factors like career opportunities, internships, industrial exposure, even location matters a lot. These factors run in background and shape our career silently.
If you wonder why MBA college location matters – when financial factors are considered, joining a business school in metropolitan cities can give you more access to good MBA placements and internships at the local level itself.
If this is one side of the coin, the other side is- joining a business school in your local area can help you cut down expenses and if you choose the right one that provides great opportunities that’s a plus. This will also save the pressure of managing studies alongside adapting to an entirely new environment.
And if you are in Vijayawada, the right business school for you is FBS!!
FBS is a business school that strikes off the myths that are mentioned above, with its high focus on practical exposure and worthy MBA placement opportunities. FBS stands apart with its values placed on individual attention-helping students turn into the best version of themselves
