Is MBA losing it’s value?

MBA being one of the most popular courses in India will never lose its value. Due to the rapidly growing corporate industry and the constant demand for MBA graduates by some of the top recruiting companies like Wipro, Microsoft, Google, etc. Lakhs of students take admission in B-Schools every year with the hope of getting quality education.

Top Reasons to Pursue MBA

• The main attraction of an MBA is the salary. Aspirants are attracted towards the comfy of a timely cheque. The average salary package in India ranges from 3.90 Lakhs.
• Students from any stream like Science, Commerce, and Humanities can apply.
• The students having experience of 1-2 years can apply for an Executive MBA degree which lets them work while continuing their studies.
• The course also provides a good Return On Investment (ROI).
• Top Companies like Deloitte, Accenture, Infosys, Capgemini, Citibank, ITC, Nestle, Saint Gobain, JP Morgan, Wipro, Microsoft, Phillips, Reliance, L&T, McKinsey & Company, Avendus, Asian Paints, etc. provide job opportunities.

Factors resulting in falling of MBA 

• Outdated Curriculum: The archaic method of teaching and course curriculum has not changed with the modification of the industry and technological aspects. Machine learning, Big Data, Blockchain, etc are still not incorporated in the curriculum.
• Decreasing ROI: The Return On Investment after completing an MBA degree has gradually diminished. Companies are not able to provide huge salary packages as before due to cost-cutting.
• Lack of Quality Faculty: Also, professors teaching the course have little to no industrial experience. Thus the only industrial experience students gather is from the 2 months internships they receive while studying.
• Demands of Industry: Companies nowadays hire people with strong leadership, management, and communication skills rather than only based on academics. So students are required to have a strong grasp not only in theories but also in the application of these theories in the corporate world.

In conclusion, MBA might not lose its value among students and professionals this instant but due to the rise and fall of economics, the rising unemployment rate, and the demand for newer topics like Artificial Intelligence and Machine Learning might decrease the popularity of this course. Though students opting for an Executive MBA are earning while in the process of pursuing the degree their ROI makes it a profitable subject.