Management Education-Is it necessary to succeed in business
There are many examples of great visionaries and leaders in business who have succeeded without any formal management education. People have simply done it by their will, passion and desire. But management education has also produced many bigwigs. A management education gives a perspective towards a... View More
Started by aru chopra
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There are some people who have enough street smarts to succeed in business and there are also some who finds more success after earning a degree. It depends on one's personality. I, for example built this website www.burtonluggage.org without going to school for it.
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I feel in today's scenario Management education is a must for entrepreneurs or for people doing job because it gives us a simulation of real world business scenario. Once you are thorough with this simulation exercises over period of 2 years you can start your business or can start with Intrapreneurship in the company itself which will give confidence and skills to the person for performing the work in right way. -
arun dev Thank You for the support Sir. -
Well I agree with all of you. Definitely all successful people are not master players of education. Some have stepped up with experience and skills and few with the fundamental knowledge, few with organizational behavior and there are many people across the globe who belong to the tenure when MBA was not even known, and same have reached the sky of success merely with confidence,hard work, dedication, positive attitude and right aptitude.
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No, management education is NOT essential to succeed in business. There are plenty of examples in this business world which proves this. However, either the right training or experience of failing in business in the initial steps do help in the long run.
Success in business depends a lot on understanding the environment & working according to it, knowing the people connected to the business and an insight on what others in the same field are doing plus having the capability to keep reading the pulse of the Customers with changing times. -
To succeed in business, many inputs are required. They can contain a genetic code for this type of ability which determines a NATURAL ability, a bend for hard work, a bend for persistence, a bend for interest in new things, an aptitude to take risk, and a scholastic aptitude, to include only a few.
If the required inputs are present from the very beginning, you can always say NO to a formal management education, so that the person may succeed in business. He or she may be from a business family, or from an educated family without any business experience of knowledge, or from a family of farmers.The examples of Bill Gates and Dhirubhai A...more -
the greatest of leaders, entrepreneurs, visionaries, scientists have born out of individual brilliance, hard work and luck. There are many examples like Mr Bill Gates, Mr Dhirubhai Ambani etc. and many others in the world. These people have started from scratch and build business empires across nations. But, every person cannot imitate them and stop studying. Just by day dreaming one cannot become an expert in any field. Hence, today when we have all the tools to become an expert then one can become successful after proper career planning. Hence, today we have industry oriented courses in management like BCOM,BMS,MBA,PGDM,PGDBA and als...more -
Straight way NO.
It only needs vision & passion. I can explain this by giving 1-2 hours lecture or by writing hundreds of pages. Remember, human history is witness for the fact that for any profession not only the business, men & women are/had performed well without the professional education of their fields where they are/were did.
Those who thinks this & complain about the resources are weakest people. If I had this I would have done well, if I had that I would have done well. Our NGO had made one survey about the qualification of heads of the colleges & institutions. We found most of them have just a primary education & majority of th...more -
NO everyone can become Dhirubhai. SO you definitely feed management degree to
understand the basics of business. If everyone has achieved on their own there would not have been any need of starting M.B.A college. But to succeed in this field more than degree hard work and passion will matter. Degree is only starting point. -
Aneeket .I appreciate your contribution and the article that you have attached speaks all and very well justify the post.
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A
Commented by
Aneeket barua Manager (Product Operation)- Infoedge India Ltd. | Guide-Level 11
2011-11-19 14:39:18Also request experts like Gomtis Corner Nikhlesh Mathur Gautam Joshi Excel Arvind Joshi245 arun dev Raja M G rahulc SmritiMatra Sathya Gopinath Govind_S Robin Agrawal Priya Pooja Kohli Thesis Masters Dr MohsinKhan and all the experts and community members to share their views on the same!
Regards! -
A
Commented by
Aneeket barua Manager (Product Operation)- Infoedge India Ltd. | Guide-Level 11
2011-11-19 14:35:55Well a very nice topic initiated by @aru.chopra . Even I would support @BMTY on this that Management education not necessary to be an entrepreneur/start a business.
All you need is a good venture and a mind to start and maintain it.
In order to support my comment, I would like to share an article from https://Shiksha.com itself!
The articles is about worlds Top 10 richest people without a graduation degree.
Kindly go through the article:
tinyurl.com/88anlqw
(Simply copy paste the urls in the address bar)
Regards.! -
I don't think Management Education is necessary to Start a Business but Of course it helps in understanding the business holistically
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Nice topic started byaru.chopra, I agree to your pints but, in the present day scenario until and unless you aware of all the management practices new regulations it is very hard to survive. -
I would like to invite experts like MSK70515 , Manmeet Kaur50173 , Aneeket , Pooja Kohli , Gomtis Corner , BMTY to share their views on the same.
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