Saturday, February 18, 2006

So u r an IIM Grad,that dont impress me much......

Every year the amount of candidates registering for CAT is increasing by leaps and bounds. One out of a lakh gets into the "supposedly best premier B school" of India. If you've got a call letter from A (ahmedabad,which is the best of 6) then it is as good as winning the world cup or winning the oscars, well getting into it is secondary. Why is it such a big deal to get an MBA oops sorry PGDBA from IIM. Every man or women passing out of the institute is assured of placement which offers aatractive pay packages. ok agreed. Every year consultancies,investment banks,FMCGs, IT biggies take IIMs for the post of VPs,AVPs etc etc..
Place them in their offices abroad,give them a car,an apartment fully furnished. Good for them. So ultimately its the MONEY that attracts them to these institutes. For which they take year off breaking their heads on the math,logical and verbal reasoning to crack the CAT. Then spend sleepless nights practising for GD and PI. Finally get there. Again sleepless nights on assignments,tests,presentations,seminars. Then the campus placement season starts again sleepless nights preparing for the interview with HR.
Alright so finally they get into a huge organisation in a high position. Agreed that they make big money but do they really have the time to enjoy what they make. The story is repeated all over again sleepless nights,deadlines,stress,pressure.
When you ask them they say when they pay you a fat sum of money they expect you to put in that much. Ok so its all about money. When you can earn the same without doing an MBA from IIM then its fair enough right. I mean if a Harvard drop out can start a huge organisation and employ a 100 IIM then he definitely has an extra something which may be IIM doesn teach or maybe the harvard did not realise. Ratan Tata did not go to IIM but his huge conglomerate has gone to places. Anil and Mukesh Ambani must have gone to Whorton but their father Mr.Dhirubhai Ambani who started RIL did not go to any B school.
I wish to sign off by saying that when you have the STUFF, the drive to take risk, the burning desire, the killer instinct then you definitely need not have an MBA from IIM and still make BIG MONEY.