Nandan Jha : Our first year MBA student shares his opinion on whether work experience is really necessary before MBA
If that’s the case, don’t worry,
because you’re not alone. There are many others who're stuck between these two
options and finding it tough to choose any one. At this point, you can do two
things — either continue to be dazed or come out of this shell and build a
future you can be proud of.
The programs in MBA are
largely designed to capitalize on the knowledge that
the students bring to the classroom. And for that model to be useful
it presses on the need for students to have some prior work experience. The
core objective of an MBA program is to create management professionals. Someone
who can provide direction and leadership to the employees and help contribute
in achieving the company's goals. Problem solving attitude and the
understanding of business process comes as the prime qualities of a managerial
professional. They are required to seek answers to the questions like 'why
does a problem exist' rather than 'what to do and how to do it’.
Although the number of MBA
aspirants in the country have grown exponentially over the past few years. And
students from varied educational backgrounds are opting for an MBA degree, most
of them are fresher with little or no prior experience.
They perceive MBA as the sure shot path to success right from the
beginning of their career. Thus, choosing to forego having work experience
prior to MBA. But before you make a choice, let’s take a look at the
benefits of having work experience prior to pursuing MBA.
You will be confident from day one
MBA is not about theoretical
knowledge but practical applications of what you've read in books until now. If
you've worked in the field for some time, you'll definitely find it easy to get
along and keep your head high throughout those two years.
Helps define a clear career path
A freshly graduated student has
more of a general understanding of the career path they want to take. It's very
common for young people to find their passion after switching two or three
jobs. The initial years that a fresher spends in the work place environment
provides him with valuable lessons. There are times when people switch fields
all together changing the career direction.
If you have a prior work experience,
you may have a better understanding of the career path that you want to take
up. With a clearly defined career goal, previous knowledge and practical
experience can help you to drive the best out of your academic endeavours.
You are preferred at the time of placement
Past work experience allows you to
have a great time during placement season. Believe it or not, most companies
offering good packages prefer to hire someone who has got some work experience.
It allows them to spend less on training and have the person doing productive
work as soon as possible.
While having some experience prior
to MBA has its own benefits, it doesn't mean you can't go for it as a fresher. Being
a fresher has its own advantages.
Open to Ideas
Open to Ideas
The most important advantage that
fresher have is an open mind. They have new ideas and a fresh perspective which
is not biased towards any particular field or sector. They are not constrained
by rules and hence can think and do things which experienced people might not.
This also makes them have a higher risk taking capacity.
Company Preference
Company Preference
In
summer placements, many companies tend to prefer fresher over people with
work-experience, to join them for projects. Experienced students have a certain
amount of prejudice in going about things, adopting past practices, and thus
being rather stereotypical. On the other hand, fresher are more open to new
ideas and are more likely to take bold, innovative steps in conducting their
summer projects.
When MBA: chance favours only those who courts her
Who is better- Fresher or
experienced. The answer is that this depends on what is the task at hand. If
the task at hand is totally new to the person who has been given the
responsibility of carrying it out, then ideally, there should not be any
difference in the way it is done, provided the people (the fresher and the one
with experience) are of equal calibre. Typically some problems encountered are,
a fresher might feel overwhelmed and may not perform to his full potential; a
person with work experience may approach some task on the nature of which he
has partial information with some over confidence, and may not perform to his
potential.
Again if the task is something that the person with experience has done before – the answer is obvious, ceteris paribus. In case of a completely new task though, a fresher has the advantage of having an open mind. People who have been in the work force may carry strong biases.
The essence of the whole story is
that whether you are a fresher or an experienced person, you must know your
abilities and shortcoming alike, to be a successful manager.