You must be wondering, “Why are they listing down reasons to not do an MBA?”
After all, it is one of the most sought-after programs in the country (India) and abroad, right? AIMS states that annually, at least three lakh MBA students graduate from B-schools in India.
However, the purpose of this blog is to ascertain that you wish to pursue an MBA for the right reasons.
Many aspirants assume that an MBA would be the golden key to unlock their bright future. However, we are here to tell you that fairy tales do not come true that easily. There is a lot of preparation, hard work, and patience that goes behind it.
If you are an MBA aspirant and if you plan to do an MBA for the following reasons, you might want to rethink.
So, here are three reasons why you shouldn’t do an MBA:
- You think an MBA will magically solve your problems
- You assume that an MBA is a cash card
- You don’t have clarity on why you want to do an MBA
You think an MBA will magically solve your problems
An MBA can fundamentally take someone talented and propel them to the next level of their career.
Suppose you think that the course can transform you and your career, yes, it can. Provided you put in the effort and time. However, it would be wrong to assume that an MBA can magically solve all your career problems.
As mentioned at the outset, pursuing an MBA requires time and effort. And that’s why you must put in the time to research, select the right B-schools, and the particular course that will help you post your MBA course.
You will also have to work hard to get into the B-school of your choice. This includes drafting the perfect MBA application, submitting the best MBA essays, recommendation letters, and acing your MBA interviews. All of these take time and consistent effort.
So, if you dream of the harvest without considering the toil, MBA might not be the right choice for you.
You assume that an MBA is a cash card
If you have wrongly assumed that upon passing your MBA degree, you will be swimming in money much like Scrooge McDuck (from DuckTales, remember?), then you are mistaken.
It is vital to understand that an MBA is a long-term investment.
We essentially mean that the MBA degree will help you upscale your career and will definitely give you security in terms of money and position, but gradually.
But if you are planning to do an MBA thinking that you can be a millionaire the moment you graduate from the B-school, then an MBA is not for you.
3. You don’t have clarity on why you want to do an MBA
If you are looking forward to an MBA to provide you with the necessary clarity you want in life, then you should not be doing it.
The reason behind this is, you will be overwhelmed by the amount of course materials, information, experiences that you will witness in a B-school. This will amount to untold pressure on yourself.
On the other hand, all these will go to waste as you do not know what you want to seek from all the opportunities.
That is why it is crucial to think through and see how an MBA can help you achieve the goal. Our founder and GMAT expert Mr. Arun Jagannathan says, “MBA is like a vehicle, but it cannot be the goal.”
Also read: Top 40 Reasons for you to do an MBA
So, should you or shouldn’t you be doing an MBA?
We hope that we have been able to give you more clarity and, probably, even a fresh perspective on getting an MBA degree.
Also watch: Why you might be doing an MBA for the wrong reasons
If you are still unsure about the whole MBA scenario, we could probably help you make an informed decision.
Our experts can evaluate your MBA profile and guide you on how to proceed with your higher education or career plans. All you need to do is to click the image below and we will get on a one-on-one call with you.