With the right skills. Hundreds of business school leaders surveyed by the Association of MBAs concluded that the MBA curriculum needs to be significantly changed if it is to prepare graduates for careers in the technology sector.

76% of tech leaders believe that the MBA curriculum needs to change in the next 10 years in order to adapt to the modern business landscape. MBA leadership knows that the curriculum is outdated, but it’s difficult to make drastic changes within the highly bureaucratic education system.
The MBA is useless because MBA alternatives make more sense
MBA alternatives provide the necessary tools and network to succeed in business careers. They are highly targeted business programs that are meant to hone executive skills and boost student’s business confidence and credibility. They are a fraction of the time and cost of a traditional MBA.
MBA alternatives can be completed while working full time. The curriculum is often updated to fit the current needs of the global business market.
One of the most promising MBA alternatives is the Business Intensive.
Balancing work, personal life, and studies can be demanding and stressful. Lack of Real-World Experience: Some argue that fresh MBA graduates might lack practical experience, which can be a disadvantage when competing for certain job positions that require hands-on expertise.

Several company officials and HR heads ET spoke to say a classical MBA degree is losing out to the current market trend of hiring talent with specialised skills and those who come at a lesser cost. Ironically, this fall in demand for MBA degree holders comes at a time when their supply is increasing. A record 330,000 candidates from across India registered for the Common Admission Test (CAT) in 2023, a 30% increase from the previous year — a reflection of the aspirational value of the degree.
Experts also said undergraduates can be hired at a lesser cost than MBAs, they are younger and can be easily moulded into the desired profile that the company wants.
“The career path in banks, FMCG, consulting — the three biggest recruiters of management graduates are becoming more well defined in specialised skills. Manufacturing companies, on the other hand, are bigger recruiters of engineering talent rather than MBAs,”
Indians have a tendency to follow trends of what they deem safe career paths. Currently MBAs are available dime a dozen in India and except the IIM A, B &C and some other top schools, the others are rapidly loosing their value.
Several company officials and HR heads ET spoke to say a classical MBA degree is losing out to the current market trend of hiring talent with specialised skills and those who come at a lesser cost. Ironically, this fall in demand for MBA degree holders comes at a time when their supply is increasing.
I feel MBA is still the most sought after PG program, primarily because of two reasons: it encompasses nearly all the areas required by a professional, and second, you need not add any further academic qualification after MBA, unless you plan to do a PhD. As far as lots of aspirants enrolling, it is because of the above reasons students are pursuing MBA, again testifying it’s use.
The only advice I have here for youngsters is that if you are planning to do an MBA, do it from a reputed institution where there is a good faculty, infrastructure and exposure.
A MBA degree is not what it used to be 50 years ago. Why? Because there are just too many MBAs around, and inflation has far outpaced demand.
Taking some finance courses will not make you a better manager, nor teach you any real life skills of any use.
Management courses are often theoretical wasteland that’s useless. The most important factor in your promotion, office politics, is hardly taught at MBA programs.
There are tons of fraud in reported graduate employment rate and salary. For example, some MBA programs give graduates part time jobs so they are technically ‘employed’ after graduation,
A lot of people think an MBA is a simple path to a high powered, high paying job after they’ve pursued an undergraduate degree in something they thought would be lucrative, but found out they don’t actually enjoy.
As a result, the market has responded and we now have a glut of “institutions”
Indians have a tendency to follow trends of what they deem safe career paths.
Currently MBAs are available dime a dozen in India and except the IIM A, B &C and some other top schools, the others are rapidly loosing their value. So much so my employer only hires from IIM A & B for campus placements for Marketing roles.
Another issue is that most kids are Engineers and batches don't have the variety of students to really round off a world view for these new MBAs.
So the cost for a top MBA is 25 lacs (IIM and ISB etc. With the exception of FMS) and people usually graduate with a loan.
Except for the top 30–50 Bschools, the growing Bschools need to really catchup on the pedagogy and infrastructure
Value is also dependent on what the consumer is paying for. So if you are looking to add skills which makes you a great
A Gujrati shopkeeper knows more than a MBA graduate, the real business tactics comes from years of experience, you cant beat experience or you cant fake experience, many famous business man are not certified MBA graduates, if you are after a degree go for it or if you just want knowledge then MBA is not for you, its like a music school, your probability of being a good singer is not 100 % if you attend a music school, you will learn to play instruments but u wont be a good singer just because you go to music school, business can be effectively learned by doing business not buy studying books and writing exams, its just a matter of time when people understand that MBA is just a certified degree for you so that you can work at some corporate office earn a huge pay and live your life, but if doing business is your goal, working for yourself is your goal then MBA falls short of that.

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