I have been battered around for too many radical views….and saying the following things:
– do not buy a house, rent it
– LIC is a lousy investment, do not expect miracles from it
– so on and so forth
So having said all that let me ask you one terrible question:
Is doing an MBA by spending Rs. 25 lakhs (and the opportunity cost of earning say Rs. 8L in this period) worth the effort and the money?
I do not have an answer, truly. Once upon a time the MBA degree was not so expensive. Now every college wants to price it damn damn high and parents are falling for it. And parents have a fantastic logic “If it is a big brand MBA it must be good”.
I think it is just some kinda brilliant marketing, and those with the degree DARE NOT say that it has not been worth the effort and money.
What are the arguments FOR doing an Mba?
– but Subra Sir would a Cap Gemini, Ernst & Young, KPMG, Infosys, TCS…even come to our degree college? so we got a chance…
– in 2 years we met so many interesting colleagues, professors, etc. – the interaction was worth it.
but I am still skeptical. Rs. 25L? with an EMI to pay? or your dad’s PF money….Sure if your dad had Rs. 5 crores and this 25L does not matter it is different.
After all I never asked you why did you buy that YSL handbag for Rs. 130,000….did I?
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