If you are an MBA Aspirant or an MBA student, this is a crucial video for you. I am going to tell you about the life of an MBA student – and about why is it important for you to hear about it.
MBA students often ask me that what is the best way to live through the MBA life. What should be the thought process and the mindset to make the most of the MBA journey.
And it is for that reason that I decided to break down the entire life of an MBA student in a simple 2×2 matrix.
What is the Life of An MBA Student?
Imagine that a fortune teller that you trust and believe in tells you exactly all the phases that you will be experiencing in your life.
You could make the most of this knowledge and really get the best outcomes from your life.
In the same way, I share with you the life of an MBA student in terms of the exact phases that you will go through in your MBA life as an:
1. MBA Aspirant
2. MBA 1st Year Student
3. MBA 2nd Year Student
4. And for the rest of the life after MBA
And I do this by telling you that using a 2 x 2 matrix of Challenge vs. Motivation.
Challenge is something that you experience on the outside at your B-school. It could be the academic pressure, the placements or even the peer pressure
Motivation is how you feel from within. You could be high on motivation or low on motivation.
Once you are able to see yourself from this lens of Challenge vs. Motivation, the right approach for you to make the most of your MBA will also get clear to you through this video.
Life Phase 1 – Life of an MBA Aspirant
To start off with, when you are an MBA aspirant you are in the High Challenge x High Motivation quadrant. Your motivation to get through the MBA admissions is extremely high and probably that is the reason you are able to make it through to a B-school.
At the same time, the very fact that you need to crack a super-competitive exam like the CAT, the challenge in front of you is also extremely high.
Life Phase 2 – Life of an MBA 1st Year Student
When you enter the B-school after the hardwork in the competitive exam, you enter the quadrant of High Challenge x Low Motivation.
The challenge of cracking the MBA entrance exam gets replaced with the challenge of doing well in the summer placements which are right into your face just when the MBA began.
However, despite the challenge, the motivation takes a mild hit as you start feeling that you have finally “made it” and probably its time to relax a little bit.
Life Phase 3 – Life of an MBA 2nd Year Student
MBA 2nd year is the most exciting time of the life of an MBA student. That is primarily due to the fact that you as an MBA student have a lot of time at your hand to truly do the things that you want. The academic pressure significantly decreases.
However, that also results in something extremely dangerous.
You enter the most unproductive quadrant of Low Challenge x Low Motivation.
And it is simple to understand why. After your internship is done at the end of the first year, most likely an PPO or PPI would be underway which considerably decreases the pressure to struggle for a job. Even if you don’t have an offer yet, by now you would have understood how to “game the system”/
This coupled with low academic pressure leaves you with no reason to strive hard.
Life Phase 4 – The Ideal Mindset for the rest of your life
If you want to know about the ideal life of an MBA student then this is the mindset that you need to live by. This is the quadrant of Low Challenge x High Motivation.
Simply put, success will come to you when your internal motivation to do great remains high even if the challenge around you is low. When you are in this phase of your life – magic happens. And that is because you are able to do good work even when the time doesn’t ask for it.
This is the magic mindset that I share with you in this video on the life of an MBA student.
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I am Darpan Saxena, an MBA from the Indian Institute of Management (IIM), Udaipur, and I am on a mission to help 1,00,000 MBAs get the best career outcomes through knowledge and digital skills without depending on their B-school or Placements.