Dark Reality of MBA | WORTH IT IN 2024?
ฝัง
- เผยแพร่เมื่อ 6 พ.ค. 2024
- In this video, I have discussed about MBA as a course and what you should keep in mind before opting for it. It is commonly seen that many graduates prefer MBA for their Masters programme as soon as their graduation in a particular domain ends. Please note that I’m NOT bashing the MBA. It’s an excellent degree that you should absolutely do if it fits your case. There are many situations where doing an MBA is optimal, and many where it isn’t. In the video we’ll break down both of them.
I have highlighted certain important points to consider which includes the pros and cons of MBA, its expenses and salary aspirations. Watch this video till the end to know about the other side of MBA and make a well-informed decision.
If you found the video to be valuable then drop a like and subscribe to the channel, hit the bell icon and share it with your friends.
#MBA #mbacolleges #mbaadmissions
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No degree is worth anything on itself if anybody is doing an MBA he is need to have a personality of management , 🔥🔥
😂😂
Whatever you mentioned is absolutely correct.
Thanks for making this video!
That's a really nice video brother.Keep it going!
no degree is a waste. to implement your degree in your job arenas is the most daunting task that makes u stand out.
Thank you mentor 🙏🏻
For the reality of mba.
Overall perfect info viedo for MBA student Thankful for mine.
Thankyou so much bhaiya❤✨
9:36 thanks brother ❤ , every boy who is unknown with many things need this type of confidence
Ha to Bhai engineer v bekar h jb yhi manana h to
Agar bhai tu IIM Ahmedabad, Bangalore, Calcutta ya isb Hyderabad se hota toh tujhe serious leta...ab tu nahi hai to aise logo ko mein serious nahi leta ..
You are correct my friend his video is just revolving around Opportunity cost
disclaimer diya hai wo bhi sun lijiye
Right bro@@riteshprajapati1619
Calm down boy, he’s talking realistically and reality always hurts and disappoints
@@manzaralam903 video me pehele hi usne bol diya ki vho IIM se nahi Fir bhi tune pura dekh ke comment kiya ki tu usko seriously nahi let, seriously nahi leta tho comment kiya q 🤡
Thanks bro❤
The best video 🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌🙌💯
Thank you so much ❤
Correctly said
Thanks for showing us the reality.
Good opinion just liked it.
I agree with this video
I'd like to point just 1 thing you said in the video. You told that even after graduating from a tier 1 MBA program, someone with no work experience might get around 10-12 LPA salary. The tier 1 institutes with average or median packages of around 30 LPA have a barrier of a min salary for any company to visit their campus for final placements. For example, IIMA's placement report showed a minimum package of around 18 LPA offered to a student, not below that. And I'm sure that this is the case in most of the tier 1 MBAs.
Get this; a company offered a 40LPA package to my classmate at an IIM, posting was in South Africa and 50% of the CTC was just a “first time abduction ransom”
The real CTC after this would be 20LPA, and would involve more deductions.
The point I’m trying to highlight is; CTC is very easily manipulated, companies do it everyday.
Woahh, "First time abduction ransom", is this for real??😂
Bro please make videos on abroad study after bachelor's in India ( for finance) and for the masters after cfa level 1 or 2 or after charter.
Master in finance and mba in finance is that good combo or i should do it ?
48 Types Package of MBA Rs 3 Lakh to 60 Lakh according to MBA Colleges ranking. 20 Percent Jobs 80 Percent searching jobs.
Is welligkar mumbai that good ??
I got 99.4 in MAH CET and I'm an engineering grad. with 1 year of exp. in a core gov. firm
Anyone plz give some honest reviews !!
Truth ❤
Pr bhai package bhi badhta h time k saath saath. Initially it will be really hectic but slowly and steadily things come on right track. I agree experienced ko zyada acha package milta h aur milna bhi chahiye but keep this in mind ki vo freshers se zyada age k hote h toh baat vhi aa jati h. Also tier2/3 me bhi kuch bchho ki boht achi jobs lagti h coz at the end skills matter. So basically humey skills pr zyada dhyan dena chahiye rather than package. And yes luck bhi ek factor hota h.
bilkul sahi bola
Bro shared reality ❤
But iim meh asa nehi hota
Yes this is the reality. Other youtube channel bas sab sir pe chadate h. Eventually you have to decide
Subscribed bhai
👏🏻👏🏻👏🏻👏🏻👏🏻👏🏻
If there is High Risk, then it may be possibility of High Returns😊
Bhot badia bhai. Reality check.👍
🙏🏼🙏🏼
I think you are somewhat bias. Not every college charge 45 lacs. There are colleges with really low fees and are too good in terms of learning and packages ( FMS , TISS MUMBAI, JBIMS, DSE, DFS so on and so forth) . Also, many creamy jobs are only available in the top b schools like PE/VC, front end investment banking, consulting , they don’t hire CA’s CFA’s directly. ( my self CA final student) . MBA is really good if done from a really good college. Thanks
Love from Bangladesh ❤❤❤
by the way i am not a commerce student but i think this reality is hold by any degree which we listen here and there like b tech or mbbs bcoz tier 3 or 2 college are not mean to these degree too
1) Not all companies who come for placements hire workex people, in fact, people with workex of more than 4 years are not favored by IIM's for the normal MBA programs.
2) When it comes to an MBA from one of the top Bschools in India, it's not just about the salary you start with. Growth can happen exponentially if one has the right skills.
3) You took ISB as the benchmark cost for MBA colleges, but some tier 2 colleges have less than half the fees of ISB. Even Tier 1's don't usually cross 35L.
4) In tier 2 colleges, there are about 50-60% freshers, and even if we accept that the workex people bag the highest AND median packages, that does not make sense when 50% of the batch gets way below the median, as you said.
Bro make roadmap videos of alternative careers to mba plz ?😊
What ever your saying its 100% Right.... Compnys are looking for the real expirience one
Bhaiya I agree with everything but why did you consider ISB, which is the most expensive college in India and surely with the highest living expenses as well.
If you are considering T1 & T2 colleges only, then also average fees is around 25L. Please correct me if I'm wrong.
iim a b c takes 30 lakh lagta hai jo ki isb se better hai world ranking mein so esko kuch nahi pata plus iim a b c ka median package 31lpa hai
IIM is iim bro...farak hai kisi oor jagase karna or IIM se karna
If you have no clarity , then don't enter in competition.
• " If you don't design your own life plan , chances are you will fall into someone else's plan . "
--- Jim Rohn
"I respectfully disagree with the criticisms made regarding pursuing an MBA. Firstly, it's important to clarify that the Indian School of Business (ISB) offers a specialized one-year MBA program geared towards experienced professionals, not to be equated with the general MBA programs offered by institutions like the Indian Institutes of Management (IIMs).
when talking about IIMs The investment of 25 lakhs in a prestigious institution like IIM Ahmedabad is justified by the potential return, with a median package of 30 lakhs and ample room for personal and professional growth, even for those with minimal or zero work experience. Furthermore, the opportunity to learn alongside highly intelligent peers in such esteemed institutions is invaluable and contributes significantly to one's development.
You’re missing the point. Median packages aren’t indicative of an ROI. There’s been cases of 11LPA offered at IIM A too.
The point is to not do an MBA without a proper plan ahead. Many kids just do it because they’re clueless, and that is where they go wrong. I never said it’s useless, in fact it’s the best decision for you if you have a plan.
The notion of securing an 11 LPA package from IIM A might seem unusual at first glance. However, the stringent selection criteria underscore the competitive nature of admissions. It's evident that being casual or non-serious is simply not an option. Consider, for instance, the CAT exam-a challenging hurdle where even achieving a modest score can land you in the 90th percentile, as seen last year with a score of just 45 out of 198. Additionally, colleges evaluate candidates based on a composite score encompassing CAT performance, along with academic records, work experience, and other factors. The rigorous interview, group discussion, and background assessment further emphasize the seriousness required to secure admission to a tier-1 institution.
This could be my personal bias
Just for healthy discussion 😉
@@ambujmehrotra and broo itna krne ke baad...11 laakh Amity se Naa kr le
mba from tier 2 or 2 is prestigous outsiders doesn't know anything isliye cat preprr kro bhaii chodo inn sab koo outsiders walo ko
Sir plz provide me the details regarding us cma.... I want to pursue but didn't have any idea or guidance.... Need your support ❤
Sir please ek road map video bnao ki tier 3 se mba in marketing krte hue digital marketing me carrier kaise bnayein?
It will best if you talk about ctc and inhand salary
Degree is best Bhai lakin MBA ka fees not worth bro instead of investment in degree of MBA you can invest on our business idea 💡
I have completed my graduation from zoology honours , and i am confused to choose either mba hr or msc( net jrf) zoology .can i request you to please suggest which stream i should chose
Sis same situation
Same condition and I am confused between SSC CGL or CAT .
@@shanusingh4376 why are confused between an exam providing you a govt job & an entrance test which will pave your path for management career😅?
@@subham3207 yeah , thats what i was wondering , both are completly opposite .
Can you guide after bsc graduation
What is best course helpful my career I m fresher
Brother is there any MBA college in India which counts CA articleship as work experience. Preferably tier 1 and tier 2 colleges
Nope bro
CA articleship will count as internship not as work experience
@@ajinkyakalal Feared that brother. None the less, Thank you
Brother tum ca complete karlo along with that job ke saath CAT prepare Karo and then it will be counted as work experience after Ca and Both MBA becomes a deadly combo too
Chandigarh University se Krna ka soch rha hu placement ho jayega kya please help me
if only someone told me these things when i started preparing for cat.. i learned the reality of mba after spending whole year preparing to get into a good b school and in the end getting 70 percentile.. it was heartbreakinhg but i realised it soon that it happened for the best.. im glad rn i dont have a loan of 25 lakh on my head.. given my past i wouldve messed up bad.. the packages seem very attractive but noone tells u the reality
so what did you pursue further if not mba
Bro can you suggest degrees that can fetch a decent salary
🙏🏼😊
it is true one person from iimA got somewhere 18 lpa as ctc in which 12lpa was fixed and i am not sure whether this is a taxable income or the tax is already deducted after assuming tax is deducted now you stlll has to pay 50-60k as emi.
50-60k EMI for what ?
@@nxp2619education loan.
Loan which you made to pay your fees @@nxp2619
@@nxp2619loan
@@nxp2619education loan
Let me give you a mind opening answer yes it’s true ki tier 1 ya tier 2 colleges karne se hi tumhara career elevate hoga but ye ekdum bakwas baat hai ki jinke pass pehle se hi experience hoga unhe hi acha package milta hai experience lene ko toh koi bhi call center ka experience le toh kya uske dum pe bhi abb mba karne ke baad uske experience ki value hogi ? Obviously nhi and package you will achieve after completion of your MBA is based on your hardwork For example last year IIM Ahmedabad ka highest package tha 1.15 crore and lowest tha 21 Lakh in dono ke packages mein difference isiliye hai kyuki ek ne mba 9 cgpa se pass ki achi internship ki … extra circular, activities ki , resume build kiya, short term courses kiye , competitions jeete , projects management mein part liya , networks banaye or dusre ne 6 CGPA se pass ki mba , intership itni achi nhi ki na hi network build kiya na leadership programs mein participate kiya etc .
Rabindranath tagore university bhopal kaisa hai ,,MBA ke liye ,,,fs 1.2 lakh hai bss class room ka
This guy is saying right i am also doing bba and mba bba are different both are degrees levels if you are working on other things so definitely you will get success in that field and if you want to do mba so don't invest high amount of money for mba so select the best tier 3 college because it's worth it because their course fees is less so in one case you are not able to get placement so your money will waste but if you get the small amt of placement from tier 3 college so you will not regret in life .
Kehna kya chahte ho bhai sarcasm?
But what if we want to do the our own startup?
Brother, can you make a video about how to do tax if your company is in india and most of the clients are in another country and you make around 50lakh from them? i really need this in depth.
you pay tax in India, 18% GST and 31.2% income tax. Period.
No degree is worst if you are skillfull person nd capable then only you can get better opportunity bcz in mba it required lot of skills that's it
Sir main bba main hu HR liya hey aage kya karu kuch samj nai aa raha
Do admit in Indian context getting into Tier 1 college for MBA makes sense, no point in doing MBA from a lower ranked college. But in India, the harsh reality is people just talk about a degree in terms of placement. No one talks about gaining skills through a degree and what you can do with those skills in future if you enhance them. That's the difference in Indian education system and system in abroad which is more skill focused not mere a placement agency. If we go by this video I think every degree is worthless because its expensive and salary one going to get after is not that much. If someone just looks at ISB fee seems high for sure, but one should also look at the kind of global exposure one gets there and thereafter even if the initial salary may be low but one can get ahead if continuously work on skills. And that's true for every degree at the end you need to work hard to progress.
Hi bro , is nano degree program worth it if I want to switch my career from IT to finance???
Bhai tere aankho me ek lonely dard nazar aata hai....😢👐
Mba from top tier clg in India has only value … otherwise our degree is just a piece of paper who doesn’t have any worth.
Aaditya Bhaiya I am currently pursuing bcom(semester-2).I am confused in making career in marketing or finance,can you differentiate between the both
Bhai tuje agr numbers achhe lagate hai to fin or agr kuchh creative kr na Hai mark
@@SauravUpadhyay-yv6cg bhot bakwas answer tha yeh aisa nhi h ki finance mai creativity nahi h there are some fields in finance jaha creativity ki need h and there are some jobs in marketing that are highly data driven core fin mai interest hona chaiye agar finance mai work krna h toh or marketing mai sales krne ke liye bhi ready ho jao. sales experience is a must have for core high end marketing jobs
Bhai teri LinkedIn profile unavailable hai
Back then after leaving ca foundation i did exact same analogy as u did in this video and hence pursuing CFA L1 Currently i am an undergrad, bhaiya undergrad cfa karega toh usko kya advantage hai? pls reply
Bina experience koi fayda nhi bro
@@lordmoneyengar before graduation nobody works actually, after graduation i'll be through level 2 and then obviously i'll start working so, it's actually better right
Sir actually meri bba 2022 mai complete ho gayi or abhi mai Genpact mai Job kr reh hu kya muje Mba krni chaiye aage
How was your experience after doing bba in terms of getting job and all these ?
#Aaditya Iyengar
Kindly guide me bhaiya
I am in 2st sem of BBA and preparing for UPSC examination
And decided to give CAT examination
But thing is,both the examination is tough and having cut throat competition
So which path is better and profitable?
( highly interest in UPSC)
I made a video on UPSC, should be helpful pls check that
Bhai Bhai kal sochte hai na. Aaj daru Chad gai hai tereko. Kal aaramse baat karte hai...
Mbbs Munna Bhai me ka dialogue yaad aagaya 😊
@@lordmoneyengar
Abslty,I get some idea
Can you pls tell me when to realize that *choose other path*?
(After 3 attempts?)
And what are the other fields where individual can try parallely ?
Bro why BBA when for upsc i did BBA because i want to make a career in management
@@psiddartha7115bro are you doing BBA currently?
He got me when he said saare IIMS in tier 1. Kaise Iski statements sach maane
😂😂😂😂baby iims ko bhul gya bhai
@@sardarji162 new iims bhi kahan tier 1 mei aate hai
Can you make a video on quant analyst?
sure
Thanks for this insightful video Aaditya . I am currently a software engineer earning around 15 lpa looking to switch my career into finance . Without any work ex in finance would cfa alone without mba can land me jobs in finance with similar salary range ?
Without experience it would be difficult. Unless there’s synergy and you have to use your tech experience in a finance related role.
Why are you switching bro
Can I make career in tech sector without tech background i completed my bachelor's degree in chemistry
Bro make a video on srcc college
Bhaiyya mane b.a kiya hai m mba karne ki soch raha hu kaise karuu help
Ye video dekhne ke baad sar bhari ho gaya ab neend aa rahi hai🥺
Target tier 1 college...nind meh luxury ka sapna aayega...isne with out research kuch bhi bol diya
@@Ishia500 😂😂😂
Bro i am doing mba from government college with fees of 84k for full 2 years and college is providing placement of average of 5 to 7 lakhs. Ye to worth it haina?
Which govt college?
Han bhai thik hai roi acha hai
Ha bhai thik hai career ki start k liye toh
Sir what’s your opinion on BBA I am arts student but now I am interest in Doing BBA because I am more into corporate so is this good idea ?
😂😂😂😂😂
Mat le bhai technical degree lene
Bhai jaise vedio ki shuruaat me aapne khud ki tarif ki jo muje sahi b lagti h
Ek vedio effective study kaise kre ya aap kaise krte ho uspe b bna do m ek weak student hu ho sakta h mere jaise kuchh or b ho jinhe padhne ka sahi tarika nahi malum
Hmari help ho jayegi ❤
Studying pe ek series banaunga bhai don’t worry
@@lordmoneyengar ❤️
His statement in the video is not practical. The CFA alone does not hold much value; it should be seen as an additional or complementary course to either an MBA degree or work experience. Therefore, if you plan on pursuing the CFA designation, do so while you are working and avoid dedicating all of your time solely to preparing for the exam.
Bhai please make a video on CMA US and CMA US scope in india
Sure
After completing frm in college 1st year how to complete experience of 2years to get certificate
by working
Brother please make a video about that.... As for now it required full time job of 2 years and experience while school is not counted.... And we have to submit 2 years experience within 5 years after completing frm level 2 but who completed frm in 1 year ,it will be not possible then to give 2years experience
dude… mt bolo yesab im literally taking a massive loan to do mba and cfa. Im from BA history background but im studying really hard to catch up, trying to get certificate courses etc… issue is my family is below average when it comes to income and the only people in my family are my single mother with one job and me. Chat am I taking a bad decision?
Yes!.
Your loan is justifiable only if you get into top 20B schools and above that I won't recommend you to pursue MBA considering current market scenario.
think of it from an investment POV.
Would you borrow at 9% to finance an asset that costs ₹20L and pays ₹50k every month?
The point is; do an ROI analysis.
Engineering is a waste as well..since there is a surplus of engineers nd not enough jobs for everyone. That’s the reason most of the students are going abroad for studies nd settle there.
Everything is a waste if it isn’t a good college and/or you don’t focus on getting work experience and building skills.
Brother i am thinking to take addmission in lpu interview ho gya hai but abhi kuch clear nahi hai please please please please thoda sa batao sahi rahega ki nahi
Kar le bahut acha hai
kitane scholarship mili h
@@ishaanikhanna-xy3ok catagory 2nd 23%
@@ishaanikhanna-xy3ok 23%
@@AllRDAngeR okk
saahu baat boli yeh mujhe 7 saal baad realise hi raha 21017-19 mai 10-15 lakh kharch karke pgdm mai 3rd tier college mere college se keval salesman aur executive hei lie gaye jo ek grad bhi lele
Bhai tum toh allrounder nikale Maine abhi Teri comment ca Wale video pe dekhi😂😂
I am doing BCA after that can I take admission in IIM for MBA
ofcourse
Is PGDM is good if not MBA after graduation,????
Sir if I will do online MBA in data analytics as I want to become a equity research analyst worthy for me
Plz answer if possible
Yes
but i want to ask you if bba is still good in present and could provide me learning experience of startup?
Honestly bhai bachelors degree aajkal 12th jaise hogayi hai, without masters employers don’t consider. 😅
As for startup, only experience and mistakes will teach you.
@@lordmoneyengar I am UPSC CSE Aspirant toh main as a business knowledge BBA kar sakta hoon?Mtlb mujhe bas Financial ki tagdi knowledge chahiye I don't want job from it toh mujhe kya karna chahiye ye ispar clarity de do and I am from Maths background
@@lordmoneyengar Experience kaise le sakte hain except Mistakes
MBA kay liye college se farak padata hai ?
Bhai, planning to pursue mba this year. My profile is as follows:
GEM with 2 years work ex. Working at 6 LPA till now. Converted good iit for mba whose fees is 12 lakh for 2 years. In my opinion, it is the best decision as of now for me.
Obviously bro, experience hai plus an IIT mei jaa rahe. Definitely the optimal choice.
I'm confused between CA and MBA. Pls help me?
CA krneka liya konsa exam Dena hota hy ?
Can I get to know a short term finance course for fresher
online or offline ?
Online mba worth it hai? From DR. D. y. Patil, pune university se?
No
Sir which is better pgdm tier 3 college and CFA because I take a loan for pgdm please help me sir i m so confused what i do what I not do😢
Don’t compare CFA and MBA. It depends on your interests. CFA is for asset management and investment industry, MBA is a management oriented degree.
i am in same situation bro😢 I just don't know what to do , i am stuck😢
WHERE R U FROM BROTHER??
Bhai tumne ek dum sai kha Bina experience ke mba bekar hai
Exactly pura bekar iim meh minimum fees .chalo choro low fees 15-20 LPA hai
Bhai CFA karke koi Top level Management mei nahi baith sakte re baba isko koi samjhao....MBA >>>>>>> CFA any day....CFA ki reality isse bhi pata hai kya hai zyada se zyada salary 15-18 LPA tak he jayegi bas
Bhai cfa + mba ?? Is good bcz I'm thinking for preparing for it does cfa worth it??😊
@@SauravUpadhyay-yv6cgyes ye kar sakte ho but mei toh yahi bolunga pahile ache se CAT do acha college lo fir CFA is like add on certification bas
When did I say you should do CFA for top management jobs? 🤔 I’d love it if you show me the timestamp.
I just said I did CFA because I was interested in Asset Management.
Also, per a survey of CFAI of existing CFA charterholders in India, they earned a median salary of 28LPA.
You can read it here : www.cfainstitute.org/en/about/press-releases/2023/impact-assessment-cfa-program-india#:~:text=The%20survey%20found%20that%20the,candidates%20currently%20pursuing%20the%20program.
Depends on where you do mba from
bro many arguments are twisted n incomplete to suit your agenda
eg isb is tier1 college with resp fees yes but what no one tell s you is same college has course of only 1 year as compared to 2 yr at iims
that mean you can have 1yr extra to earn good amount of money as compare to iim student where fees is much less
anyone can say it for other courses like ca cfa engg mbbs who is hungry for views
The video seems very baised without any research. Look when you talk about MBA as a whole, it makes sense. But after considering the best case scenario, you are absolutely wrong and doomed. I’m a student at a tier-1 IIM and let me tell you why I disagree with your opinion.
1. CA, CS, and CFA are specialised professional courses in the area of accounting, taxation, law, and finance. Whereas, MBA is a general degree which offers exposure in multiple domains of business like finance, HR, operations, marketing, and more. The purpose being MBA graduate when appointed can understand the problem from multiple aspects. For example, strategy job domain is well suited for an MBA rather than a CA,CS, and CFA.
2. I believe all your friends were freshers because the fresher to workex split at tier 1 b-school is mostly around 1:3. What’s wrong with a cohort having more of a experienced people? They bring real life exposure and experience that helps the freshers and adds value in class discussions. Also, medians show the 1:1 split of the CTC and it’s very baised to assume that freshers are in the bottom of this median. Marketing Job recruiters value the freshers more than experienced students. Similar is the case with some of the other domains. At the end of the day, upcoming students are reputation risk for the tier-1 b-school and hence, the barrier to entry is extremely tough with entrance exam, personal interview, overall academic consistency, and more. These schools aren’t stupid to take freshers and place them at 12Lpa job.
3. Talking about the opportunity cost, your case is very subjective with covid, recession, etc. Normally an individual looks to do an MBA for increase in his pay or if he has genuine interest in the MBA. After MBA from tier-1 b-school you consistently earn better than what you were actually earning throughout the career of 30-35 yrs and hence candidates take this opportunity risk. Talking about huge cost that you were going to borrow from your parents. Let me tell you that tier 1 bschool students easily get non-collateral loan without any guarantor or co-borrowers and these loans are usually paid off by the student in 2-3 years after mba completion.
I'm already reading this book 'The Personal MBA-written by Josh Kaufman' and can confirm that each and every minute of this video is damn true.
Save your monetary assets. Focus on building skills and foundational knowledge and simultaneously complete your education with the requisite qualifications.
🙏🏼
Good evening sir , I request you to have a video on how to be eligible or how to make yourself eligible for B-schools like ISB and IIMs being in a undergrad right now.
@Aaditya Iyengar
Primary criteria is to have 49 lakhs. 🥲
I will make a video on the secondary criteria.
@@lordmoneyengar Thank you very much sir.