Can you get Higher Pay Than IIMs 🤯(Top MBA Alternative, Ex-BCG)

Is an MBA degree still worth it in 2022?

What are the 3 pillars of excellence that Harvard Business School deploys that define a successful MBA degree?

Find out in this video a detailed 3 point analysis to find whether an MBA is worth it and what are certain top alternatives to top MBA.
--

Like, Comment, Subscribe for more!

🚩 Click here to subscribe to my YouTube channel:    / @shatakshi.sharma  

🚩Relaunch your career with GGI MBA Scholars and Fellowship here- https://www.globalgovernanceinitiativ...

🚩LinkedIn:   / shatakshi-sharma-410  

🚩Twitter:   / shasharma_ggi  

🚩Instagram:   / shatakshi.sharma410  


----

Shatakshi is Cofounder of 🚩GGI, a former public policy advisor to
🚩Tony Blair, a former management consultant with Boston Consulting Group, 🚩BCG and did her 🚩MBA from 🚩Indian School of Business, Hyderabad. She has also studied International Affairs and Tech Entrepreneurship at the world's premier school - the Fletcher School of Law and Diplomacy at Tufts University and Harvard Business School, Boston.

She has been also felicitated with The Most Promising Women Leader 2021 award by ET and 🚩Linkedin Top Voice 2021.

She will be uploading daily content on 🚩career advancement, 🚩personal finance, and 🚩productivity hacks. Be sure to subscribe to the channel to get notified whenever she uploads the video.

***
   • Is MBA Still Worth It In 2020? - Ronn...  
   • 40 Lakhs+ Pay Packages Without a Coll...  
   • Masters’ Union - Better than IIM Plac...  
   • The Secret Of Masters' Union Rs. 29.1...  
   • Best MBA Alternative for Women | MBA ...  
   • Masters’ Union | New entrant to top b...  

**
Video Transcript-
Indra Nooyi, an Ex-BCG consultant and former CEO of PepsiCo, highlighted the increasingly obsolete curriculum in MBA. Indra has mentioned she finds them incompetent in fostering future business leaders due to program's lack in addressing technological advancements.


Now, any brilliant educational institute has 3 strong pillars of excellence. And we are going to be analyzing whether you can get a pay higher than IIMs through this framework.


1. Upskilling


Upskilling includes pure conceptual learning in contemporary business, finance, operations and other interdisciplinary subjects. Now while joining an MBA programme, you assume that you would be learning these contemporary and evergreen concepts.


The evergreen concepts are certainly an integral part of the curriculum. For example in finance, you would be learning valuations including direct cash flow method (DCF) or the multiple method.


However, contemporary relevant subjects in finance and technical disruptions are not getting adequate attention from skills and jobs standpoint. This inhibits your capability to analyze the businesses in contemporary space even after an MBA. These developments are important for you to ponder over from not from a consumer standpoint, but also from a business standpoint. And the most important point is these concepts can not be learned via formulas, but through case methods.


1.1 So, what is the Case Method?


So Harvard Business School was the 1st Business School that came up with the case method concept. It makes you the protagonist of the case where you must put on your thinking caps and learn by doing.


Most B-schools in India fail to integrate this method in their curriculum, rendering students inadequate in terms of learning. Today, you can learn the basic theory on youtube, free of cost. And hence the MBAs need to step up in terms of what they provide in classrooms. The classroom ecosystem are the place where you brainstorm with your peers and debate alternate views. This case method approach helps you become your best self.


ISB, which was founded by Rajat Gupta; alumni of Harvard Business School, has it’s entire course structure based on this case method style learning. On the other hand, from hat I know IIMs have limitations and conduct only 30-40% of their program in case method format.


To make things worse, most schools don't update their case studies. The rare opportunity for hands-on learning is hindered by the rudency of the cases. Learning about Facebook’s strategy from the 2000s is entirely irrelevant in 2022. You benefit and learn more contemporary cases.


And this is where Institutions like Harvard and Stanford write their own cases, by being in touch with top employers and companies and producing relevant business challenges for students.


2. Employment


Out of +5000 MBA students in India, only 7% are employable via their curriculum. The MBA Schools lack in generating relevant learning outcomes amongst their students. Moreover, the placement mindset in India is debilitating to the students.

In most top universities such as Harvard, Wharton you learn networking to solve not just your 1st job but long term needs as well.