Common myths on MBA courses and MBA specialisations
Many people choose to pursue an MBA degree because it’s a popular option. As the need for talented business professionals continues to grow, MBA programmes and specialisations have become very popular. However, there are some false beliefs and misunderstandings about MBA education and the different areas you can specialise in. As one of the leading MBA colleges in West Bengal, we have curated some of the common myths about MBA specialisations and courses to help you make an informed decision:
Myth 1: MBA is only for fresh graduates
Some people mistakenly believe that only recent college graduates can pursue an MBA. But this is not true. In reality, anyone can pursue an MBA, even if they have been working for a while. Many people choose to get an MBA after gaining work experience to improve their management skills and move up in their careers. In fact, having work experience can be helpful in class discussions because it brings real-world insights and practical knowledge to theoretical concepts.
Myth 2: Only specialisation in finance is lucrative
There is a common misconception that only finance specialisation leads to lucrative careers. While it is true that specialisation in finance offers great opportunities, other fields such as human resource management, finance, digital marketing, business analytics and data science also hold significant potential. The key to choosing a specialisation should be based on one’s interests, skills, and long-term career goals.
Myth 3: Pursuing an MBA requires a background in business
There is a common misconception that pursuing an MBA is only possible if you have a background in business or related fields. However, this belief is not accurate. MBA programmes are designed to offer a comprehensive business education that covers various disciplines such as finance, marketing, strategy, operations, and leadership. Students from diverse backgrounds, including engineering, humanities, and sciences, can bring unique perspectives and make valuable contributions to the overall learning experience. The focus is on developing a well-rounded understanding of business principles and practices, making an MBA accessible to individuals from different academic backgrounds.
Myth 4: MBA education focuses only on theoretical knowledge
Another common myth is that the teachings in MBA are just theoretical without any real-world applications. However, in reality, MBA colleges integrate practical learning in the curriculum. This ensures that students stay ahead of the game and are well-prepared for the corporate world. To achieve this, MBA colleges organise seminars, guest lectures, expert lectures, industrial visits, and engaging workshops. These activities contribute to the holistic development and overall growth of the students.
Myth 5: MBA is only for those seeking a career in management
Lastly, there’s a belief that MBA is only suitable to those students who aspire to build careers in management. But, this is untrue. While it is a reality that MBA passouts are equipped with managerial skills, it is also true that their skillset is a lot more diverse than that. The analytical thinking, strategic planning, leadership, and communication skills acquired through an MBA programme can be advantageous in diverse career paths, including entrepreneurship, consulting, marketing, finance, operations and even non-profit organisations.
Looking for a good college that offers the best specialisation in MBA?
Explore our MBA programme that will help you get a good understanding of the core values needed to grow in the fast-paced world of organisational employment. Through our specialised curriculum, you’ll get dual specialisation opportunities across domains, such as finance, digital marketing, human resource management, business analytics and more. Also, you will attend employability skills training, industrial visits and internship opportunities at reputed organisations.