One of the most frequently asked question on forums like mba.com or topmba.com is – will I get a good job after finishing MBA from xyz Business School? The question is more relevant to full-time MBA class rather than part-time, because usually part-time or executive students already have a job. The next question is – how much will I get paid? Or what the career prospects are?
It’s a tough decision to leave your job and study. Some go for an MBA believing this is the only way they can switch career direction. Some do it for career progression in the same field. Some do it for networking. Very few, if at all, do it to gain knowledge. Whatever the motive is, landing a dream job is bound to be a topic of discussion at some point during the MBA program.
In my point of view, there are certain myths around dream job. I’ve been through that phase myself, dreaming that my dream job would be the one that..
.. pays me the most
This couldn’t be farther from the truth. There are so many other factors that define job satisfaction and make one want to go to work every morning than money. Never approach your next job with salary as the first criteria. Many also believe that just having an MBA degree gives them right to demand a higher salary, which even though is true to some extent, is not the only reason. Companies are in the business to make money, if your work helps them generate higher incomes or create greater value, expect to get compensated accordingly.
.. gives sexy job titles
A friend of mine used to work for a multinational bank in India, when I met him 2 years after graduation, he gave me his business card that read – Assistant Vice President. I thought wow, this guy made tremendous progress in just 2 years! But in reality, neither did he do anything special nor did he earn any more than average industry wage. He wasn’t happy and left the company after another year. What matters is the actual job you do and not just the title. So, before you take a job just for the title, think again.
.. is at one of the top companies
That’s the way to instant stardom or a ticket to show-off at dinner table. Next time you listen to someone saying, I work for Facebook, watch their head going high and chest coming out with pride. There are rating agencies listing best places to work, working for one of the top 10 in the list may not qualify as a dream job for everyone. You may often find a lot more satisfaction, have fun and make more money working at a startup rather than with one of the top companies.
As a current MBA student, you’ll soon have to make up your mind and start looking for jobs, keep these points in mind. Job consumption is however not the only option you have after MBA, why not be a job creator? I’ll talk more about it in my upcoming blogs. Stay tuned!