Please advise MBA students to read business magazinesThe key to success of any MBA student is to make himself or herself a totally updated person in terms of both knowledge and skills. While the IIMs and the top twenty private institutions have superb industry collaboration, most of the rest of around one thousand four hundred MBA institutions are run like teaching shops. A huge number also run the distance education programs for the same degree.
Not surprisingly, I often find the students of B and C class institutions way behind what is the ideal in terms of both skills and knowledge. Many of them do not even know the names of two good Mutual funds. Most do not even understand the basics of Government policies relating to infrastructure. Most do not know what drives the service sector growth.
A very small handful, if at all, understand what is GDP and how it goes up or down. With this kind of ridiculous knowledge, it becomes quite difficult for them to understand business and social realities. Please do advise all MBA students you come across to compulsorily read the superb business magazines like Business Today and Outlook Business and Business India, apart from the Business line and the Economic Times. Business Standard is also good.
Otherwise, they will be outdated by two decades, with disastrous results.