Top Indian CEOs with MBA Degree
Indians have proved themselves in every aspect and the business in one of them. Most reputed companies now have Indian-origin CEOs. Recently Raj Subramaniam joined the elite list when FedEx announced him as the new CEO of the company. Indians have created a remarkable impact on international business and become a change-maker. According to some reports, around 33% of CEOs of fortune 500 hundred companies are Indians and 10% of Indians are CEOs of leading tech companies in the world. The list of top Indian CEOs has become quite long in the last few years. These CEOs of foreign companies are of Indian origin and they are doing their job better than many out there. These people have not only maintained the decorum of their company but have innovated ways for the firms, giving them better escalation in terms of profits, proficiency and profoundness. Indians are making their presence count around the globe in every single field. May it be finance, economics, technology, science, peace-keeping, politics or anything else; we Indians know how to bring every eye in the room to us. And these few CEOs are no exception to this trait. These CEOs who are Indians by birth are one of the most renowned and successful ones. Along with being Indian, there is one more thing common in Indian CEOs, most of them are MBA degree holders. Some are from Indian colleges and others have completed their management degree from international colleges. Management degrees help them in enhancing their skills, attitude, and leadership quality. All of them are doing great and become pioneers in their respective fields. You can count them in the list of top MBA personalities from India. The Cost Of Not Getting An MBA Applicants often dwell on whether getting an MBA is worth the price-tag — and rightfully so. But it’s also worth contemplating the cost of forgoing the degree. COVID-19 has sent the global economy spiraling into a recession that has affected many of us. During times of financial strife, it’s normal for people to react by tightening their purse strings. We often become more inclined to guard our nest eggs, and less likely to shell out our savings. However, at least one big-ticket item has bucked this tendency during the current recession: an MBA degree. While questioning its value is important, perhaps we should also start asking ourselves another question: “What is the cost of NOT getting an MBA?” A Thought Exercise Worth Doing Before writing off the degree or staying stuck in “analysis paralysis,” which can also have negative consequences, We encourage you to engage in a thought exercise. Ponder what you would hope to gain with an MBA, such as a dream job with meaningful impact. Write that down. Next, think about what you could feasibly accomplish without one — write that down, too. Compare the two — what are you losing? Is that worth forgoing? Will pursuing this degree be something that you regret later? If we are focused on the potential benefits, we’re likely to take the action, thereby approaching the positive. If we’re focused on the potential costs, we’re likely not to act, thereby avoiding possible dangers.” Cuddy stipulates that power makes us approach challenges, and powerlessness makes us avoid them. “How does this relate to applying to business school?” you might ask. We would encourage anyone toying with this life-changing decision to take hold of the steering wheel. Contemplate the cost of going and not going, as opposed to pushing the question to the back of their mind and procrastinating for the safety of the status quo. Dramatic Increases in Earnings are an Obvious Advantage It’s also important to note that a recent study examining the reasons behind people’s regrets revealed that our strongest regrets concern not living up to our “ideal selves” — or becoming the person we wanted to be. We must lament not becoming the person we aspired to be, rather than not becoming the person we were expected to be. Even the most conservative estimates of the earnings potential of a top MBA make a no-brainer case for the degree. The most thorough analysis, though dated since it was done six years ago, found that a graduate of a top 50 MBA program made $2.3 million in salary alone during a 20-year career span (see The Most Lucrative Seven-Figure MBA Degrees). That is $1 million more than someone with just a bachelor’s degree. One of the top motivations for getting an MBA is to make a career change. In fact, employers understand MBAs will most likely be looking to make a career change. MBA programs have been a common source of talent for companies for many years, including fresh and sometimes, non-conventional talent. First, let’s define what a ‘career change’ means. There are three primary dimensions of a career change: geography, industry, and function. In general, changing one dimension has a higher probability than changing three dimensions. Many MBAs can change one or two dimensions, and even three-dimension changes happen occasionally. So, is it better to pursue an MBA, or should I just apply to jobs in the new sector? It depends! Employers are looking for transferrable skills and new skills acquired during the MBA program when evaluating career switchers.An MBA is a good way to pick up new skill sets to make you an attractive candidate. One of the more common scenarios is engineers that are looking to make a career switch. By picking up new skills in marketing, operations, finance, strategy and HR, an engineer can pursue a broader set of roles after completing the program. This is just one example and the same applies to other categories of career switchers. New Networks In addition to new skills, an MBA will allow you to develop and extend your network.Networking is the most effective way to
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