Whether work experience should be made mandatory for MBA aspirants is a highly debatable issue. This question has evoked many thoughts in students who are pursuing their MBA and those who are about to venture to do the same. MBAupdates would like to categorize the two significant schools of thought most accepted by the MBA communities in general. One is the old school thought which believes that what matters the most is your basic education till graduation, your grades, your essential scores of GMAT and CAT along with your final dash of group discussion and the personal interview that could help you grab the seat! The second thought promotes the added advantage of work experience to the aforementioned factors in your resume.
First of all, why do institutions want the students to have work experience? The major reasons for this could be the desire for candidates who are more serious. Those having already worked and come for an MBA course portray a rather determined attitude than a college graduate out to maybe merely complete his post-graduation for the sake of it. However, what is important here is to note that the numbers of students are increasingly proportionate to the growing population and thus, this also means that students are applying for MBA programs at a younger age. A trend very discernible and quite upsetting is that students go in for work experience before their opting for MBA and then forgo the actual MBA program because they are too settled at work and are already earning. And yes, it is fact that the process of quitting a well-paying job and coming back to studies after a few years is an ordeal and not quite motivating as the inflow of cash that the person is accustomed to, suddenly experiences a halt. Now imagine, even if an institution does persist on allowing entry to only experienced students what do they actually gain? Yes, they gain more motivated, determined and focussed students who can and are willing to go the extra mile to adopt strategic management practices as they have already worked and know how to segregate the practical from the impractical and the gauge feasibility of actual theory into practice as they already have some ground-zero familiarity.
Thus, MBAupdates, after seeing the basic premises supporting each side of the argument concludes that this is a purely contentious question that is highly subjective in nature. Even if an institution does look for experienced professional to make students of MBAs it really cannot hole up students who desire to pursue further MBA studies right after graduation. However, one really cannot deny that practical work experience does aid classroom learning experiences and other knowledge centres helping you to get even better salaries than you would have got being a fresher. Some institutes ask for work experience whereas some don’t. Most of the IIMs do not. Even the Indian Business School in Hyderabad does not enforce the work experience criteria on the aspirants.
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