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

1.4K Views|Posted 2011-11-18 16:04:21

Started by Aru Chopra

15 Comments

Sort by:

Commented by

Burton

2011-12-06 20:17:21

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.

Upvote

Commented by

Mr. Khushwant Jain | Contributor-Level 10

2011-12-02 20:29:57

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 Intrapreneur

Upvote

Commented by

Aru Chopra | Guide-Level 11

2011-11-28 09:53:09

@||arun dev|| Thank You for the support Sir.

Upvote

Commented by

Aru Chopra | Guide-Level 11

2011-11-21 12:14:47

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 wa

Upvote

Commented by

Nikhlesh Mathur | Guide-Level 14

2011-11-21 10:50:04

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 underst

Upvote

Commented by

Arvind Joshi | Contributor-Level 9

2011-11-20 18:44:47

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.

Upvote

Commented by

Rahul Chauhan | Contributor-Level 9

2011-11-19 18:48:44

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 nati

Upvote

Commented by

Dr Mohsin Khan | Guide-Level 13

2011-11-19 18:48:41

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 the

Upvote

Commented by

Jyoti Kumari | Beginner-Level 5

2011-11-19 15:04:23

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. Degr

Upvote

Commented by

Aru Chopra | Guide-Level 11

2011-11-19 14:42:25

@||Aneeket|| ...I appreciate your contribution and the article that you have attached speaks all and very well justify the post.

Upvote

Commented by

Aneeket Barua | Guide-Level 11

2011-11-19 14:39:18

Also 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 al

Upvote

Commented by

Aneeket Barua | Guide-Level 11

2011-11-19 14:35:55

Well 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

Upvote

Commented by

Bhupesh | Contributor-Level 9

2011-11-18 17:30:51

I don't think Management Education is necessary to Start a Business but Of course it helps in understanding the business holistically

Upvote

Commented by

Shaban | Guide-Level 11

2011-11-18 17:25:56

Nice topic started by@||aru.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.

Upvote

Commented by

Aru Chopra | Guide-Level 11

2011-11-18 16:06:20

I would like to invite experts like @||MSK70515|| , @||Manmeet Kaur50173|| , @||Aneeket|| , @||Pooja Kohli|| , @||Gomtis Corner|| , @||BMTY|| to share their views on the same.

Upvote

Taking an Exam? Selecting a College?

Get authentic answers from experts, students and alumni that you won't find anywhere else.

On Shiksha, get access to

66K

Colleges

1.2K

Exams

7.1L

Reviews

1.9M

Answers

Share Your College Life Experience

Didn't find the answer you were looking for?

Search from Shiksha's 1 lakh+ Topics

Ask Current Students, Alumni & our Experts

Quick Actions

Community GuidelinesUser Points System

QuestionsDiscussionsTags

Have a question related to your career & education?

See what others like you are asking & answering