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Consultant Criticizes MBA as Overpriced and Ineffective, Sparks Online Debate
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Staff Writer: Sweata Maiti
Last Updated: Apr 03, 2025, 4:03:00 PM IST
| Synopsis: A social media post by consultant Manab Majumdar questioning the value of an MBA has sparked widespread debate. He criticized the program as overpriced and ineffective, arguing that many students have unrealistic career expectations. Majumdar emphasized the importance of focusing on academics rather than assuming guaranteed success. The discussion highlights broader concerns about MBA graduates struggling to secure jobs despite high tuition fees. While some agree that the degree is overhyped, others defend its role in career growth and networking. The debate raises critical questions about the return on investment for business education. |
A recent social media post has ignited a heated debate over the value of an MBA, with consultant Manab Majumdar calling it the “costliest course for teaching nothing.” His statement has drawn mixed reactions, highlighting growing concerns about the return on investment for business school graduates.
Majumdar argued that many MBA aspirants enter the program with unrealistic career expectations, assuming it will guarantee them high-paying jobs. He emphasized that instead of chasing quick success, students should focus on academic learning and skill development. His views resonate with a broader issue—many graduates from top business schools struggle to secure employment despite paying exorbitant fees.
The discussion has gained traction online, with some users agreeing that an MBA is overhyped and overpriced, while others defend its role in providing essential business knowledge and networking opportunities. Critics argue that the degree alone is insufficient for career growth and that practical skills and industry experience matter more.
With rising tuition costs and increasing competition in the job market, the debate raises an important question: Is an MBA still worth the investment? As opinions continue to pour in, the conversation underscores the need for students to carefully evaluate their career goals before committing to a business degree.
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