MBA is Networking, Not a Degree
MBA is all about Networking
95% of students who enroll in the MBA course when asked the reason for MBA Says,
- For High Salary Placements
- Making a lot of Money and Wealth.
These are all very good reasons, but the most important benefit what MBA from a good institution provides is the Network.
In a research done with alumni’s across top MBA institutions and TOP CEO’s the network which they have built during their, MBA is what they rate as simple most important benefit for life.
The most important goal of an MBA should be to build Life Long Relationships.
This network is what will help us as an individual for life:
- When we want to make a change in job and career, this Network will help us reach the right person and help us secure the job we want.
- When we would require help in selling or securing finance or order, the same network will get us entry into various corporates and enable us to have an advantage over competitors.
- When we may require Medical or emergency assistance in different cities and countries, the same stronger network will help us.
- These will be people who you will be able to connect for new ideas, Share your best learnings and seek help from when required and offer the same.
- For the entrepreneurs, this may be your first source of Funding.
- Some may even find there life partners in this network of wonderful people.
- And there can be 100+ other benefits which you can think about this network.
This network of people associated with your institute will always be there for you as No one can change the Name of the School, College, or Business School they have studied and spent their years of education at. So this life long association can be your most strong and best weapon for career success and business growth.
This network will be yours if you believe in giving back to the network and not think of only taking from the network. The most successful people and those who get the highest benefit are those who contribute more than they take back from the network.
Business School network consists of:
- First Level of Circle: Your Batch will be the most important Network and would have closed association, Don’t worry about short term thinking revolving around Marks and why someone has better grades then you or lesser but on building life long relationship with these batch people.
- Second Level of Circle: Your seniors and juniors are excellent second-level network, how you work with both of these in the year you spend will give you lifelong benefits of the network.
- Higher Level of Circle: Professor’s and Mentors in the Business School are another group of people you should network with, As they are associated with all the alumni’s from across various years and industries, they can be your strongest advocates and help
- Third Level of Circle: All the alumni from your Business Schools are your third level of the circle, Imagine if someone from your business school will call you will you give him a better response on-call/ meeting then another stranger. So find ways to build this network, by participating in your institute’s alumni groups, LinkedIn, Alumni meets
and other places you can connect with them. - Outside Corporate Circle: Companies you have done your internships, Guest lectures which you attended on campus, Experts and CEO’s and Managers who visit for Campus Placements, Lectures and like can be excellent Source of Building network.
- Outside Student Circle: You can also buildup your network with other Business School students who you can interact within business school competitions, Events, online and offline conferences and like and Stay connected.
All these Circles and associations can be your rich source of Network, Remember Networking is like farming and it will take years to build a strong lifelong network, it’s not hunting where you go kill and return in few hours. Only people who spend time building it will get Sure Success in the network the build.