In the second leg of my journey, I was able to spend time with a few rich business magnets - 2 in shipping industry & 1 in geological consultancy. These people, non - MBA businessmen also raised the question what a MBA is really worthy of.
Certain points that were discussed were:-
- Is IIMs only for spoon-feeding the students who cannot match up to the realities of the business world or students who are in no way interested in management except for its huge pay packages?
- How does anyone without an MBA inferior to the esteemed IIM students when it comes to corporate world?
- How much does a MBA adds value to a person?
- Is the present Indian MBA admission system of letting in students right after their undergraduate colleges really working?