The HOW of MBA in India

19th June 2010

There are enough articles, books and insights on why or why not do an MBA. However, if you have decided to take the MBA route very seldom you shall find content where people focus on how the 1 or 2 years could be spent. For most, the curiosity ends with the entrance exams and the final admission process.

I believe that 1 or 2 years is a significant part of one’s life. Also, one is dedicating part of the best and the most active years of one’s life to a course or to an experience. ‘Experience’ is probably the right word in my opinion. Treat these 2 years as an experience and you shall probably make the most of it.

Don’t get me wrong. I understand that most people look at it as a ticket to a plush job and good money and there is nothing wrong with that. However, you can seriously jeopardise your experience and in some cases even your chances of landing the best job if you fall into a narrow mindless trap.

Talking about traps let me state a few traps that one can fall in based on my experience at an IIM for a year. It’s a subjective perspective, hence a lot of people may not agree.

The Do-it-All Trap: Most common in the first year and more so in the first term. Over enthusiasm and insecurity fuel this situation. Yes, it is always good to be an all rounder and one should do a variety of things. However, there is a difference between doing things to make up the numbers and doing things well. You might end up screwing your academics, causing serious harm to your relationships and neither enjoy nor learn too much from the extra-curricular activities you are into. One needs to be extremely disciplined as well as focussed to do well in everything.

Most successful people I know have chosen their domains carefully and have performed very well. They do a variety of things and do them only because they genuinely want to do them. It would be better to first understand oneself, know and understand what’s on offer on campus and choose activities accordingly. Mindless enrolment/application for different activities is a sure shot recipe for extreme unhappiness.

Your past background may also matter. For e.g in my case I had done so much extra-curricular activity in my undergrad that doing other things appealed to me more on campus. I had spent 4-5 years in various activities in college. I did not want to do similar things for 2 more years. At least not in the 1^st year. Conversely, a lot of my friends come from engineering colleges that did not offer them too much scope in their early years to be a part of various activities. For them, getting involved in diverse student activities made perfect sense. It was a new experience and they feel great after having gone through that.

Resume Value Trap: Almost all actions are driven by incentives in a B-School and the herd will end up doing all those things they think adds value to their resume. If people started thinking about what adds value to them rather than their resume, quality of activities conducted on campuses would be so much better. People choose courses/electives thinking about what will look good 1 year later. They are ready to endure a poor professor, a course not fit for them and the painful experience of actually studying it because of resume value.

Undergraduate years are the best because people take up activities seldom thinking about resume value. Those concepts are not so prevalent when one is 19 or 20. Hence, since one does what one is really passionate about or at least interested in, one does it well and it shows. B-school committees and festivals are filled with people with extremely myopic views. This is something that can be seen across campuses. Selections and Elections all take place in the same vein.

There is a weird concept of a ‘hygiene’ factor in a resume. So, if a few people are doing NCFM certifications others want to do it so that their resume isn’t less attractive. Everyone wants one bullet point in their Resume which says you have been part of the management festival and one bullet point on the cultural festival. People manufacture imaginary clubs and societies in their undergrad years. Some people go through the effort of designing fake certificates and letters. It comes to a point where resumes start looking so similar, the perceived benefits of the above bullet points become almost non-existent.

Of course, it does not mean one should not participate in activities. My argument is - do something you like and do something you know you can do justice to.

The FreeRider trap: It is a well-known concept in B-Schools. A person who does not contribute at all in a group but gets equal credit by virtue of him/her being in that group is a freerider. People basically free ride on the insecurity of the scared group member who is concerned about his/her grade. They free ride because they are lazy and see no value being added by working on assignments or presentations. Free riding is not restricted to academics. In fact, the biggest free riding happens during events when people give interviews and get selected or get elected and never work! They get the benefit of being a part of that activity/event/club but never contribute towards it success. In fact in a lot of institutes, summer placements take place before any of these events actually happen but the selection/election process happens much in advance. Hence, people shamelessly free ride.

The argument here is – If you genuinely want to learn, Do not free ride. If you want to earn respect of your colleagues and build fruitful relationships do not give into the temptation of not working.

You shall get a lot of dope from your seniors in the institute who are free riders and they shall give you gyaan on all sorts of ways to avoid work. They shall fill you with so much negativity about the system, the professors etc. that there is good chance you may fall in line with them. The choice is always with you. Treat it as a vacation or treat the 2 years as a fruitful learning experience. The learning may not necessarily be in the class.