Post Graduation, NO JOB?? Planning an MBA!

Completed Graduation and not finding a suitable job? Planning MBA and wishing for a Good Package?? MBA applications always go up during a bad economy. That is because business school generally attracts people who are lost, and more people who feel more lost when the bad job market is lousy.

But let’s be clear: This is not the type of recession where there are no jobs for young people. This is a recession where there are no GOOD jobs. McDonald’s is hiring in management. There is a bank teller shortage and a shortage of actuaries. There is a shortage of insurance agents. It’s just that people don’t grow up dreaming of these jobs. So they don’t take them. Instead, people who are early in their career - in that time when an MBA sounds like it might work - those people are determined to have only a good job. And if they can’t have that, they get an MBA.

The problem is that an MBA makes it worse.

Here are seven reasons why you should take a bad job instead of getting an MBA.

1. Business school won’t help you be a good entrepreneur.

There is no correlation between being a good entrepreneur and going to business school. In fact, according to Saras Sarasvathy, professor at University of Virginia’s Darden Business School, the most important skill for an entrepreneur is that you know your weakness and you can find people to fill in your gaps. So you pay a bundle to go to school to learn what you don’t and how to find people who can do stuff you can’t? Sorry, that doesn’t add up. The ultimate irony: entrepreneur programs are booming at business schools.

2. You likely don’t need an MBA for what you want to do.

There are some jobs, very few, where you cannot land if you don’t have an MBA. These are mostly high-level officer-type positions in the Fortune 500. Even then, though, you probably don’t need an MBA. In fact, Forbes reports that CEOs without MBAs bring more value to investors than CEOs who went to business school.

3. MBAs who are not from a top 10 school don’t increase their earning power.

So if you’re not one of the elite, the degree won’t help you earn more. According to the recruiting firm Challenger & Gray, the degree simply does not separate you from other people in any significant way; it’s too easy to get an MBA from a second-tier school. The cost of the degree is so much more than the combined cost of taking two years off of work and paying for the degree that you are better off taking a job you don’t particularly like and getting a night-school MBA after work hours.

4. It’s pointless after a certain age.

Let’s say you do get into a top-ten school. Don’t go if you are older than 28. You are too far along in your career to leverage the degree enough to increase your earning power enough to make up for the sticker cost of the degree. In fact, it is so important to get the degree early in your career that Wharton and Harvard have started accepting women earlier than men because the biological clock truncates a woman’s ability to leverage the MBA early enough in their career to make it worth the money.

5. An MBA is too limiting.

You can’t take an entry-level job after you get an MBA, so you had better know what you like to do; and can’t take a job in a low-paying industry because you have to pay back the loans. So not only is an MBA useless for most jobs, but it also makes you unqualified for more jobs that it qualifies you for

6. An MBA makes you look desperate

Top ten business schools will not accept you unless you have a clear plan for what you will do with the degree after you graduate. You need to have shown that you have a propensity for some sort of business and that you need the degree to get where you want in that business. Unfortunately, most other schools will take you if you don’t have a plan even though it’s been shown that people who go to business school with no plan for their career graduate with no plan for their career. And then you look not just lost, but desperate.

7. Business school puts off the inevitable.

Look, it’s really hard to be an adult. You go to school for twenty years being told what to learn and what to think and when to show up, and then you get tossed into adult life and there is no one telling you what’s right for you. You have to figure it out, but you didn’t go to school for that. In fact, school is the opposite of that. So it looks fine to be lost in your 20s. This is when everyone is taking time to figure things out. It does not look fine to spend thousands and lakhs to go back to school just to put off the hard knocks of figuring out where you belong in the workforce. Face reality. Join the workforce.

Business Opportunities with a Franchising Company

Did you ever think of having your own business with the complete freedom from the boring 9 to 5 routine, lethargic working conditions, ungrateful clients, uninteresting lifestyle, depressing routine???


If any of the above questions' answer is yes then you are looking for a change in your life, yes and this change can be by starting your own business... But even that has got its own matters to take care of, challenging market conditions, competition, setup of the correct strategy, lack of brand recognition and many many more factors.

What is the solution to this?

In the early 1850's, I.M. Singer & Co., USA created the first network of individuals to distribute and sell its sewing machines to the then-sceptical public. This was the advent of the Modern day terminology of Franchising. The concept is to be able to start up a business with the help of an existing business model with the use of the company's brand name, logos, trademarks as well as the SPO (Standard Operations and Procedure). The Franchise format of Business is the best when you don't want to actually suffer from the risks of being involved in direct application of the raw idea of any business into the market. Franchising works in this way for the best of the advantage to both the Franchisor (Giver of the Franchise Model) and the Franchisee (Taker of the Franchise Model). The win-win situation for both the Franchisor and the Franchisee. This is one model which has even seen the biggest of the growth figures in times of Terrible Depressions (Ref: The Great Depression of 1930's in the US). Franchise Business ensures the standardization of the Business and the same is applicable to the brand as a whole with the best of the options available to the end consumers at lower rates because of an efficient SCM (Supply Chain Management).

Franchising is the best option for people who want to start up some exciting new business in their region without the involved risks of mismanagement or hinderances as the Franchisor takes care of the entire setup as well as the management and operations of the Franchise Outlets through the effective MIS (Management Information Systems). With the advent of time, Franchising has become one of the easiest business working models which can be duplicated or modified and duplicated across any location subject to little modification as well as correction from the company. This is one way which can be one great way to give some space for the talent of the youth and the guts to do business to get on with the fulfillment of the business development and management criteria.

So, stop thinking and GO for a Franchise Business Today!!!!