InsideIIM

MBA Aspirant

11,768 articles
Page 998 of 1471
The Tyranny Of Choice

The Tyranny Of Choice

Before anything let us go a few years back and recollect the moment when we had to buy our first mobile phone. Such an ‘important’ decision of our life as this was going to stick with us ever as “OUR FIRST MOBILE PHONE”. We had limited specific requirements except for the budget constraints and so there were a few phones falling in our range and we bought one of those. Easy process, wasn’t it? Not so much today! With innumerous phones falling in every set of requirements and budget constraints you would believe that the process would have become easier since we could choose just the perfect phone for us but unfortunately if you delve deeper you would realise that is not the case. In fact, a research suggests “almost 53% people dislike when they have to choose from amongst too many options”. This is what raises the topic of Tyranny of Choice or popularly called Paradox of Choice.

Ankur Agarwal
Read More
Why You Need To Do An MBA From The IIMs - An IIMB Student Recounts His Learnings

Why You Need To Do An MBA From The IIMs - An IIMB Student Recounts His Learnings

You may be in your final year of undergraduate study, slog in office, want to earn big money, want to get into entrepreneurship to build the next revolutionary startup, aspire to get out of the rat race and make it big in life. If you are reading this article, my hearty congratulations on aspiring to make a mark for yourself in the society. Many see an MBA from the reputed IIMs as a panacea to all these problems. In addition to the above-mentioned reasons, the less often mentioned but a major benefit of doing an MBA is that it teaches you to handle life and the numerous bouncers it throws at you. After the torturous preparation for CAT, cracking the WAT-PI process, you reach the gates of a mighty IIM. It is foolhardy to think that your journey is over and you are all set for a rockstar life. Be forewarned! CAT is just a portal to make it to a place where you are surrounded by toppers from the famed IITs, NITs, BITS(s), SRCC, CAs, CFAs and people who have worked with Fortune 500 companies. From the first week, you will be bombarded with business jargon, balance sheets and at the same time, you will be asked to analyse the supply and demand curves. In the blink of an eye, the first quiz will be conducted where many will be pondering whether they have made it above the class average. While you get used to the routine of quizzes and exams, the first thing you will learn is that weekend relaxation is just a construct of the mind. You learn to prioritise academic work, club work at the same time make new friends.

Kabilan P
Read More
MBA Aspirant | InsideIIM