Is MBA necessary to be Successful in Business?

Add Review

Register now for latest MBA Exam & Admissions Updates

According to the Oxford Dictionary, a manager is a person who is responsible for controlling or administering an organization or group of staff. Master of Business Administration (MBA) is an academic discipline which trains students and professional, over duration of one or two year, for a career in management or business administration. However, it is highly contested that management cannot be taught in classrooms as it is an art rather than science. 

Alert! MBA Admissions 2024 Closing for Top CMAT, MAT Colleges | Apply Now 
Sparsh Greater Noida | Closing Soon | Apply Now IBA Bangalore | Closing Soon | Apply Now
JIMS Rohini Delhi | Closing Soon | Apply Now Jaipuria Noida, Lucknow | Closing Soon | Apply Now
S P Jain Global Mumbai | Closing Soon | | Apply Now MET MUMBAI | Closing Soon | Apply Now
JIMS Rohini Delhi | Closing Soon | Apply Now CIMP Patna PGDM Admission 2024 | Apply Now
SSIM Hyderabad | Closing Soon | Apply Now Mahindra University HYD | Closing Soon | Apply Now
August MAT Exam 2024 Registration Open – Apply Now

Arguments in Favor:

Arguments Against

  • Though MBA curriculum provides a closer to reality assessment of business world but nothing teaches better than a real life experience. Prominent leaders attribute their success to experience, business acumen and prudence rather than to a degree.
  • Business schools now find themselves criticized from several directions: for paying too much attention to the return on their students' investment, for example, and yet for not giving value for money; for being too academic, and for being too concerned with teaching basic practical skills.
  • Henry Mintzberg, a professor at Canada's McGill University, in his new book “Managers Not MBAs”, argues that conventional MBA courses offer “specialised training in the functions of business, not general educating in the practice of management”. The students are often too young and inexperienced to learn skills that, in any case, are often easier to acquire in the workplace than sitting in a classroom.
  • Many prominent global business leaders namely Warren Buffett, Herb Kelleher, Michael Dell, Bill Gates, ,Oprah Winfrey and many more, who are considered to be the paragons of leadership do not possess an MBA degree.  

Success Tips to win the GD Round
This topic in GD round is one of the hot probable topics and has been carefully chosen and solved with the sole aim to help you succeed in GD round. If you follow the few key tips, you can improve your chances to get through the GD round