Nowadays it is becoming more and more fashionable for young people to acquire an MBA degree. MBA is a management diploma that most young people aspire to secure their future job prospects. The idea that is spreading among students is that if one has an MBA he will get a good job. But this may not always be the case. While the world is going through an economic upheaval whose ramifications can be felt in places like the US, UK, China, Europe and even India simply studying an MBA often sometimes does not serve the purpose of the youth aspirants. It is estimated that there are more than 3600 business schools in the country offering MBA program as per the All India Council for Technical Education (AICTE), which is the apex regulator that sets the norms and standards of all management institutes in the country. But will all students pursuing MBA from these institutes end up with a comfortable MBA program job and a substantial salary package? It will be very difficult to admit that this will not be the case. So what is the other option left for these management graduates? They can start their own ...
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