Monday, December 10, 2007

MBA is not enough for big jobs Work experience too counts

A management qualification from a B-school may not guarantee a lucrative job, as companies now want their potential employees to have sweated it out in the corporate corridors before going for the MBA degree.

"A management graduate with no work experience may be poised to go nowhere with over 80% of potential employers of MBAs are looking for candidates with at least a year's prior work experience," according to a new survey of over 500 employers in more than 30 countries.

The phenomenon has also led to a large number of leading management institutes focusing on prior work experience in the selection process of students.

"While a number of business schools in India and across the Asia-Pacific region will still accept students straight after their first degree, a growing proportion of top MBA programmes around the world insist on a significant level of hands-on experience at the workplace," the TopMBA .com research from the organisers of QS World MBA Tour has found.

One of the main reasons schools now insist on this level of experience is the expressed preference of recruiters for individuals who can hit the ground running, as soon as they graduate from an MBA programme, the TopMBA .com research said.

The QS World MBA Tour is the world's largest programme for recruitment and information fairs for B-school applicants. It has organised events in more than 70 cities across five continents this year. These events are organised by global education and career counseling major Quacquarelli Symonds.


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