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Learn what truly sets the UC Riverside MBA apart and how it helps in your professional growth
13 May 2020, 22:36
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All of you are busy in getting your profiles evaluated, busy with GMAT and knowing the status of rounds, applications etc but let me bring forth one single question that's lurking on lot of people's minds and would be nice if the forums views are shared on this topic: 'Does it Make sense to go for an Executive MBA, now?'
The COVID-19 has unleashed a crippling blow to the Industry- manufacturing and services alike (only agriculture is doing fine to some extent but the agro-supply chains are also strained). The IMF projects the India GDP @ 1.6% and there are several other projections which predict a very less and pessimistic GDP growth rate. Though the P.M has doled out the 20 Lakh crore Economic package to make India self reliant, there is always a time lag between injecting capital and for the affect of that capital to translate into growth, consumption etc (The Virtuous cycle of Growth).
Why is this Important?
The Executive MBA programs are short programs of one year unlike the traditional programs and most of the people going for an Exec-MBA are already in their current jobs. Given the current Economic situation, for the things to get back to normal and for the growth to kick in, It would take ATLEAST 1-2 years (as this is equivalently dubbed as 'The Great Recession')?
Does it make sense for the candidates to take loans and get into an Executive-MBA program (opportunity cost factored) to only sail through a very turbulent and uncertain times?
Unless your perspective of doing an MBA is either to go back to the company and join, startup(entrepreneurship) if you are planning on going for a placement which will help you get a better salary etc- does it make sense to go now? (Now, of course let's not get into the softer aspects of networking, learning etc) stick to purely RoI terms and have a healthy discussion.
The COVID-19 has unleashed a crippling blow to the Industry- manufacturing and services alike (only agriculture is doing fine to some extent but the agro-supply chains are also strained). The IMF projects the India GDP @ 1.6% and there are several other projections which predict a very less and pessimistic GDP growth rate. Though the P.M has doled out the 20 Lakh crore Economic package to make India self reliant, there is always a time lag between injecting capital and for the affect of that capital to translate into growth, consumption etc (The Virtuous cycle of Growth).
Why is this Important?
The Executive MBA programs are short programs of one year unlike the traditional programs and most of the people going for an Exec-MBA are already in their current jobs. Given the current Economic situation, for the things to get back to normal and for the growth to kick in, It would take ATLEAST 1-2 years (as this is equivalently dubbed as 'The Great Recession')?
Does it make sense for the candidates to take loans and get into an Executive-MBA program (opportunity cost factored) to only sail through a very turbulent and uncertain times?
Unless your perspective of doing an MBA is either to go back to the company and join, startup(entrepreneurship) if you are planning on going for a placement which will help you get a better salary etc- does it make sense to go now? (Now, of course let's not get into the softer aspects of networking, learning etc) stick to purely RoI terms and have a healthy discussion.
Archived ISB Discussion
Hi there,
You've stumbled upon an old discussion from our ISB Forum
that's now outdated and has been archived. No more replies are possible here.
Interested in current discussions? Feel free to dive into our dedicated ISB Forum
for all fresh things related to the ISB MBA program.
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