Saturday 31 March, 2012

Circle of life

The business plans done, the pitch delivered and now on from the world of entrepreneurship into the corporate endeavors as people start scrambling for last minute internship deals and exchange opportunities slipping by in a hurry. Yes, we're back to the time of the year when a huge wave of MBA students hits the job market hard in an attempt to drive down the world unemployment rate!

But why are some people cutting corners or even throats to secure an internship while many others have this not even as the last thoughts on their mind? Is it that some people are too lazy or indifferent to make an effort? I believe there is more to it than just a question of willingness. In the words of Prof. Carmen Alonso Munoyerro "Life is more complex than just an excel function".

So, what is life of an MBA student and why do 100 people react in 200 different ways when presented with the same situation? As any manager would tell you IT ALL DEPENDS! It depends on what one expects from the school, whether one wishes to make best of a given opportunity, or if someone wants to explore different things at the same time or may be someone is just looking to enjoy a well-deserved year off from their otherwise hectic life as a consultant in one of the top 5 firms.

And then there are the prospective students who always ask me whether it is a good idea to go for an internship or if the career center is effective? There are no easy answers. Again, it depends on what you want out of an internship or how you want to use the services provided by your school. Good and bad are no longer absolute terms. Their nature and even interpretation differs from person to person. So, if you are considering an internship, ask yourself: what do you want out of the internship experience? Is it the exposure? Is it the network? Or may be its simply the extra cash? All are valid reasons but which one do you think you value the most and is it worth the lost opportunity cost.

So current students and future MBAs, before you make a big life decision you better think it through. MBA is no longer a means to an end. And surely its not an investment if you don't even know if the returns will have any value for you. And sure there will be some uncertainty but the key is to be prepared and "know thy self".

Thank You

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