Is MBA a rat race?
A rat race is analogous to rats in a maze that compete against one another to be the first to get the cheese. The cheese is a measly rewards, yet the rats continue to compete for this small prize. When one refers to the rat race, one envisions harried, unhappy people working for long hours for little pay and little recognition that is attached to two year (MBA ) program. Yet they continue to participate in the rat race to do MBA because their families unknowingly pressurize to some extent due to financial crunches who want them to get ahead financially.
The colloquial term refers to the competitiveness between employees for upward mobility in the job market or may have inner motivation to “beat” coworkers to the next promotion or pay raise. Unless one has a passion for the work they do (MBA) program which can be pursued from best MBA College in Delhi NCR, those in the rat race typically do not enjoy their jobs as the stress comes attached to it. To make it to managerial level, one need business skills. An MBA , preferably from prestigious college will ensure a secure future one have been dreaming for due to alluring prospects of multinational jobs and multi-million dollar salaries.
MBA not only provide handsome salary but makes you start to operate your own business. The majority of the billionaires and millionaires have their own business, yeah not only one but also more. Right after you graduate with an MBA degree from a big-name college, it would have a lot of value. Recruiters would likely give it a lot of weightage while evaluating you. Indeed, the developing world is proving a melting pot for growing collaboration between the private, voluntary and public sectors. Thus today a rat race to MBA is not meant for educational purpose but to enhance their money making.
WHAT MAKES IT RAT RACE? Is MBA a rat race?
Today lots of students are moving towards the field of management to get handsome salary. It promises happiness which is just around the corner for most professionals that have MBA diploma , as they earned double than their previous income. Unknowingly students enter into rat race for MBA program to make big money, as this has become shortcut to be rich by hook or crook just because our neighbours have made it.
People with technical background being fresher do not get advantages of having high salary due zero year of experience. Hence to sustain in environment where knowledge of finance, management and organization behavior is required for making Big Money, students indulge into MBA program for fattier and juicer pay cheques. Most of CEO of FORBE 500 companies earned MBA degree from prestigious college in Delhi NCR and got richer faster than technical people with engineering background.
Hence the belief “will get chance to make entry into corporate sector job for managerial and administrative role with handsome salary increases straight up on the curve on acquiring an MBA degree” signals the whole play to be part of rat race.
Is it worth doing an MBA, or are you participating in a rat race?
It becomes a rat race when you start running for money directly instead of learning. If you know management, finance, organizational pattern, you don’t need to waste money on masters. But you want to improve and polish your skillsets like technical skills and communication skills etc., then it’s worth considering. Recent studies find out a person with good knowledge and tactics can beat a person who has a master’s degree if he/she doesn’t have sufficient knowledge. Instead of running for a degree, we should be keen to learn new things. In the long run, you will experience the benefit that you will get from knowledge.
So, it’s completely up to you whether you should run for the money, good job, and perks. If you focus on learning rather than grabbing books to get marks, you will get nothing. That’s what our education system has taught to score marks only. Creative thinking, knowledge, and different skillsets will help you gain hike and growth in the corporate world. Students should pursue MBA if they want to upgrade themselves instead of just getting a degree to show their education level. Do efforts upgrade yourself, prepare yourself for exams like CAT, MAT, and GMAT, etc. You can take admission to a decent college that is worth considering for MBA. Do an MBA from that college that upgrades you in a better way rather than from college, providing you with an MBA degree for money. Upgrade yourself in such a way that in the long run, you could start your own business too.
MBA course offers a study of finance, marketing, and management, etc. Suppose you are passionate or keen to learn or upgrade your skillsets. In that case, you can consider MBA then only participate in the rat race instead of purchasing an MBA degree from colleges. The course comes with a huge fee which is also a factor to consider.
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