18th May 2016 | Bangalore
Interesting question, isn’t it ?
This question haunts every M.Sc Post Grad now and then . And then you turn to Internet. The takers of Ph.D will obviously say go for MBA and the takers of MBA will obviously say Don’t run behind MBA. Thus we thought to carefully examine both the routes and understand which career can make you or break you.
Lets start with the recent ASSOCHAM survey which found that only less than 7% of MBA Grads ( except IIM’s ) are employable. Now lets keep the the findings of this survey aside and try to understand why and why not go for an MBA after your M.Sc in Life Sciences ( Biotech , Biochem, Genetics, Microbio etc ). When you stand at such a cross road of your career, you need to self introspect and find out logical answers to the following questions:
- Where you want to see yourself in next 10 years : At Managerial level or Innovator level ?
- Are you a Family Person who wants a 9 to 5 Job or you are a Laboratory Person
- Are you going to be the Primary source of Income to your Family or Secondary Source ? If primary then how soon you need to turn yourself into a Cash Machine ? , if secondary then how long ?
- What you enjoy the most ? Managing people, resources, sales, marketing, finance, Mathematics ? or you Like working on your core research areas ?
- Can you manage high pressure targets which comes along with the responsibilities of a manager. or you want to live life innovating something which can change the way humans live ?
- Are you ready to be absorbed in the corporate tsunami of weekly, monthly quarterly targets ? or you want to spend 7 years of your life working on Just one PhD thesis ?
Some Tough Questions :
- How important is money to you ? and how soon you want to get started earning ?
- Do you think a simple MBA from a Tom-Dick-harry college will fetch you a very high salary package ?
- Do you think after working for your Ph.D you will start getting a ultra high salary job ?
The Real Picture :
- An MBA done from a college which is not in top 50 ranked colleges of India , Embrace yourself for a very low salary job or no placements at all. Read the Complete ASSOCHAM Survey here
- A Ph.D done via the Non – CSIR NET / Non – GATE / Non – ICMR Qualified route ( in India ) is a waste and may not yield you desired job
The Litmus Test:
- Can you solve this simple maths Problem below, If yes then you should certainly go and write CAT exam and try your luck:
Of the following, which is greater than ½ ?
- A. 2/5
- B. 4/7
- C. 4/9
- D. 5/11
- E. 6/13
A cubical block of metal weighs 6 pounds. How much will another cube of the same metal weigh if its sides are twice as long?
- A. 48
- B. 32
- C. 24
- D. 18
- E. 12
- Of the following, which is greater than ½ ?
- Did you really enjoy reading about the concept of head transplant by Dr Sergio ? or did you really loved the news when you heard an Indian girl was a part of the Team who unveiled the ZIKA Virus structure ? If yes then go and write the CSIR NET / GATE / DBT BET / ICMR Exam.
Write CAT Exam if you are interested in MBA, Prepare well and then make sure you qualify it. Download Sample CAT exam Paper here
Still confused ?
Ask us in Comments below, We will try our best to answer to each one of you personally.