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The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.
Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the end of their course. However, this shift needs to be effected in all the B- schools.
 
Q. According to the author, why is work experience important for a person to get into a B-school?
  • a)
    It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.
  • b)
    An MBA degree by its very nature is the education given to people with work experience.
  • c)
    An MBA degree alone cannot give the person a complete understanding of the real world and management situations.
  • d)
    An MBA degree should be given to people who want to further enhance their management skills.
  • e)
    All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The Indian student community sees an MBA as the next step in their edu...
The main idea behind the author advocating work experience for MBA is that a person who has not seen the real working of a corporate and has got just theoretical knowledge is ill equipped to handle the real world business situations.
Option 1 generalizes to ‘everyday life’ instead of limiting to ‘management and business situations’.
Options 2, 4 and 5 do not address the question stem directly or state the core reason. Therefore, they can be eliminated.
Option 3 takes care of the fundamental reason that the author has stated. It does not just advocates the cause, it also gives a reason why its (work experience) absence can be a problem.
Hence, the correct answer is option 3.
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Group QuestionA passage is followed by questions pertaining to the passage. Read the passage and answer the questions. Choose the most appropriate answer.The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a job-life. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is sold not imparted. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.Choose the word which can appropriately replace the word heartening used in the passage

Read the following passage to answer the Questions. Choose the correct option in each of the questions.We define the entrepreneur as an individual who identifies opportunities, and on the basis of his/her ability, desire and confidence, makes judgements and decisions pertaining to the coordination of resources in order to exploit those opportunities for personal gain. Personal gain in this context could be financial, fame, prestige or satisfaction from helping other people. This definition extends the concept beyond the narrow limits of profit maximization. It is important to note that entrepreneurial decision making is distinct from routine managerial / administrative decision making by corporate executives. However, this definition does include innovative venture decisions by executives and others in an already existing organization as a legitimate entrepreneurial function. The entrepreneurial function consists of three main elements: recognition of opportunities, judgemental decision and coordination of resources. In terms of organization, the entrepreneur will be involved in risk bearing, autonomous decision making and residual claims.Every person is potentially an entrepreneur. However, the extent of its manifestation in actual entrepreneurial activities, business or otherwise, is a matter of political, social, economic, cultural and ideological influences. Put differently, every human being has an innate ability to become an entrepreneur even though this ability is not always translated into action because of a variety of limiting factors. This observation allows us to propose that there are more than 5 billion entrepreneurs in this world, even though this conjecture may not have been fully manifested in the practical world of business.If there are more than 5 billion entrepreneurs in this world, how is it that there is such a dearth of entrepreneurs in the world of business? This is an important question in view of the fact that business communities, academia and policy makers in the public realm have begun to talk about possibilities for fostering entrepreneurial growth in the global economy.Q. The passage implies that it is important to understand

Read the following passage to answer the Questions. Choose the correct option in each of the questions. We define the entrepreneur as an individual who identifies opportunities, and on the basis of his/her ability, desire and confidence, makes judgements and decisions pertaining to the coordination of resources in order to exploit those opportunities for personal gain. Personal gain in this context could be financial, fame, prestige or satisfaction from helping other people. This definition extends the concept beyond the narrow limits of profit maximization. It is important to note that entrepreneurial decision making is distinct from routine managerial / administrative decision making by corporate executives.However, this definition does include innovative venture decisions by executives and others in an already existing organization as legitimate entrepreneurial function. The entrepreneurial function consists of three main elements: recognition of opportunities, judgemental decision and coordination of resources. In terms of organization, the entrepreneur will be involved in risk bearing, autonomous decision making and residual claims. Every person is potentially an entrepreneur. However, the extent of its manifestation in actual entrepreneurial activities, business or otherwise, is a matter of political, social, economic, cultural and ideological influences. Put differently, every human being has an innate ability to become an entrepreneur even though this ability is not always translated into action because of a variety of limiting factors. This observation allows us to propose that there are more than 5 billion entrepreneurs in this world, even though this conjecture may not have been fully manifested in the practical world of business.If there are more than 5 billion entrepreneurs in this world, how is it that there is such a dearth of entrepreneurs in the world of business? This is an important question in view of the fact that business communities, academia and policy makers in the public realm have begun to talk about possibilities for fostering entrepreneurial growth in the global economy.Q. The passage implies that it is important to understand

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The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer?
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The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer?.
Solutions for The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer?, a detailed solution for The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer? has been provided alongside types of The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice The Indian student community sees an MBA as the next step in their education that must ideally be completed before embarking on a ‘job-life’. This is evident from the fact that 80 per cent of Common Aptitude Test (CAT) applicants are freshers or students in their penultimate year of graduation. An MBA degree by its very nature is the education given to people with work experience to further enhance their management skills. It is simply inconceivable that a student who has never spent a day in office before will be able to comprehend, analyse and resolve the issues and challenges of everyday management simply because he has successfully passed his exams and acquired his MBA. This is precisely the reason why all the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite to their admission process. Tragically though, in India, most B-schools (including IIMs) admit approximately 50 per cent to 70 per cent freshers into their course every year.Another major shortcoming is the seeming lack of focus towards promoting entrepreneurship. The reason for this can be attributed to the commercialisation of management training. Management training in India is ‘sold’ not ‘imparted’. B-schools harp on their ability to get the best placements available in the market for their students. This factor is directly responsible for the exorbitant fees B- schools impudently charge students. The adverse effect of this practice is that most of the students who seek an MBA degree do so for the placements their B-school provides. As such, very few students actually comprehend the real scope and purpose of an MBA degree and consider alternative avenues such as entrepreneurship. It is heartening to see that top B-schools like the IIMs have been promoting and encouraging entrepreneurial ventures from a long time. Approximately, 30 to 50 per cent of the graduates of IIM Ahmedabad start their own ventures after the endof their course. However, this shift needs to be effected in all the B- schools.Q.According to the author, why is work experience important for a person to get into a B-school?a)It enables him to comprehend, analyse and resolve issues and challenges of everyday life in a proper manner.b)An MBA degree by its very nature is the education given to people with work experience.c)An MBA degree alone cannot give the person a complete understanding of the real world and management situations.d)An MBA degree should be given to people who want to further enhance their management skills.e)All the B-schools abroad compulsorily require two to five years of work experience as a pre-requisite.Correct answer is option 'C'. Can you explain this answer? tests, examples and also practice CAT tests.
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