"Yem Bee Yee " a disease which have the ability to to become chronic if proper action not take now. Or I guess its too late!!! It can be easily be observed from the figure. CAT taker for year 2006 was around 1.7 lakh which increased to 2.2 lakh in 2007 and reached a figure of 2.8 lakh. A consistent increase of nearly 25% every year. And if you believe the analysts, the figure will reach 3.5 to 4 lakh in coming year. And so is the case of coaching market which is growing leap and bound and have reached nearly half a billion rupees. Colleges which were never heard say 3-4 years back are now tough to get into. And the colleges which were tough to get into 3-4 year back are now nearly impossible to get. :D
Lets just do a quick check who is gaining due to all this operation? I would say Coaching institute, Colleges. Why? Well I gave the analysis part in paragraph above. And who are the losers? Aspirants off course and the company where these aspirants(if working) are working. Doubt? I salute the person who gave the statement, GRASS IS ALWAYS GREENER THE OTHER SIDE. Might be written for donkey's but fits aptly for MBA aspirants. Running or say quitting attitude and the greener picture post MBA make them think suddenly life will take a turn in Z-axis from current 2 dimensional monotonous system. They think post MBA will make them get a fat pay cheque with not much of effort. And coaching institute, media air their desire, and they start running for never ending run of MBA putting aside there work, ignoring opportunities, responsibility. Though the beginning give a filling low input and high output scenario, but once into it realize that what they were looking was just a tip of iceberg, and viola!!! the Titanic riding for dream destination 'MBA' hue and cry over the exorbitant application fees of colleges which comes with a deadline date much before the main exam. Greed made them fuel the ship so as to reach the destination quickly. And there is a twist in the story, this time the approaching iceberg is not that big to affect the ship and ship sail through with little damage on pocket for which anyway there company is paying.
Comes the exam date, and then few realizes that damage which they thought was not that small as they were thinking they need to do some repair, some more application are filled now. By the time the whole application process gets over, aspirant realize that the damage on pocket was also not small and was huge for applications only, say a modest figure of 20k-25k, nearly a month salary (minimum). No heed to the damage is given as still the bright and greener picture is in view. Thank God, calls starts coming out. And somehow the applicant make it finally to few colleges selection process. Start preparing for the process, and start thinking about why MBA, why this college, aim in life, ideals, where they want to see them after 5-10 year, plan to achieve and crap like this. And surprisingly no one comes out with the correct and honest answer. Few examples:-
Q. Why MBA?
Honest Answer:- I feel that a fat cheque will be waiting for me after completion of course and moreover I am good for nothing and my condition is similar to what my manager is. And I don't want to work at all that's why I want to do MBA. And also all my friends were doing it without knowing why they are doing so I was also doing it. :P
Answer which is actually spoken(Touch of honesty Zero)? :- Something on line of growth opportunity, aspirations in life which can't be achieved without MBA and it goes on an on.
Q.Why this college?
Honest answer:- I am not getting any other college and someone told me the placement figures are good for this college as compared to other one.
Answer which is given:- College ethics and ideals matching with mine or something on this line
Q. Where after 5 year
Honest Answer:- 5 years? are you mad? I don't even think what I am going to do in evening, planning for year 5 year from now is crazy. Screw you!!!
Answers which is given :- entrepreneur and going hand in hand with Bill Gates or Mittal or Tata or something similar to line above. :P
Lot many question are there, its a hell lot of work. Will come out with the dossier in days to come.
Lets get back to the agenda. After few more interview, final call list comes those who are selected jumps with joy and those rejected try again next year, because once you are addicted its tough to get out of it, more like a narcotics. Lets talk about those who were jumping with joy, reach the college, then come the rigor of course. Think I am screwed why did I come here? Summers start, get the feeling how easy it was thrashing the lead those days rather than getting a summers. Every day pass with a feeling, thank GOD at least one day has passed. And then comes the placement days. And from nowhere iceberg appears only to crash there dream run. Manage to get the job somehow which feels like peanut including the tax figures and expectation from the recruiter. Think of the golden days of IT and sighing on decision to come to MBA taking into consideration only placement figure. And the titanic sink again this time.
Disclaimer:- This post is written on a lighter note, take it sportively and don't take it as real picture of MBA. Two years which you are going to spend will be the best days in your life no matter what the placement figures are. It will be surely a refreshing break from the work. And this gives you another opportunity to make life long friends (in loads) after your graduation with IQ level similar to yours. And last but not the list, writer is not trying to defame any institution nor demeaning the aspirants. Post will be deleted if more than 100 comments comes against it. :P