Do new MBA grads meet expectations of their first employers?
According to a study by Higher Education Forum (BEF) there are gaps that exist between the expectations of the employers and certain skills. The 'Skill Gap Survey' is conducted to systematically evaluate if there are gaps in the expectations and performance of newly hired MBAs in the Indian Banking, Financial Services, and Insurance sector.
The survey found that industry has the highest expectations for newly hired MBAs in the area of attitudes, followed by skills, and finally by knowledge. The consensus view, as shared by one respondent, was clear: "We hire people for attitude and train them for the skills", Panchal said.
The industries expect new MBAs to come to the corporate world with the proper attitude. They must be committed, dedicated, self-disciplined, self-motivated, showing an aptitude and willingness to learn. They must possess strong analytical, listening, and communication skills, and they must be able to work in a team and collaborate.
Posted on 10:22 AM by Ayush Agrawal and filed under | 0 Comments »
"The Skills Gap Survey found that gaps do exist, particularly in skills such as listening, and team work and collaboration; attitudes such as self-motivation, self-discipline and commitment and dedication; and Knowledge such as understanding organisation and process; product, solutions, and services; and consumer behaviour.,"
"We are sure this report will add value to the education institutes and the corporates in learning about the skills gaps and finding solutions to bridge these gaps," said Dr A K Sengupta, Convener of HEF.
The industries expect new MBAs to come to the corporate world with the proper attitude. They must be committed, dedicated, self-disciplined, self-motivated, showing an aptitude and willingness to learn. They must possess strong analytical, listening, and communication skills, and they must be able to work in a team and collaborate.
"Finally, they must come in with at least a basic knowledge of the organisation and processes within the organisation, and an understanding of products, solutions, and services - including those of competitors - as well as consumer behaviour.
Also, the Skills Gap approach could be applied to other sectors in India to help other education institutes and industry in India better understand what corporations need and what education institutes are providing, and how any gaps that exist can be reduced," Narayanan said.
Source : ET India
So remember People,
MBA is not a degree. The day we get into an MBA college we have to think that we have only 600 days until we go corporate. MBA is not just books. It is everything else and then some books.
If we think that 5 hours of our education at a college is tough, then we are headed for doom in the corporate world.
MBA for me is discipline and perfection in every task.
Ayush Agrawal
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