MBA - JOBS:

An MBA with different specialization streams prepares an individual to meet the greater demands of tomorrow's advanced industrialization.  Some examples are given below.

Executive Jobs:

Whether you are seeking CEO jobs, CFO jobs, CIO jobs or other C-level jobs, an MBA is supreme to a career managing companies.

Management Jobs:

Senior Management job - Senior Management jobs are awarded to candidates and employees with applicable baccalaureate degrees and a master's degree in business such as an MBA.

Banking Jobs:

Consumer banking jobs deliver financial services to individual customers.
Commercial banking jobs deliver financial services to businesses. 
Human resources jobs manage employee placement, salaries, and training
Bank administration / accounting job - Bank administration / accounting jobs handle the banks internal operations

Finance Jobs:

Corporate Finance jobs help company find money, grow the business, make acquisitions, plan for it's financial future and manage any cash on hand
Money Management job - Money Management jobs manage stocks and bonds for institutional clients and are on the buy side of Wall Street
Insurance jobs help individuals and business manage risk to protect themselves from catastrophic losses and to anticipate potential risk problems
Real Estate jobs cover field such as title insurance, construction, mortgage banking, property management, real estate appraisals, brokerage and leasing, and real estate development

Accounting Jobs:

Public and Managerial Accounting jobs focus on preparing financial statements and recording business transactions including computing costs and efficiency gains from new technologies, participating in strategies for mergers and acquisitions, quality management, developing and using information systems to track financial performance, tax strategy, and health care benefits management.

Marketing Jobs:

Product Management jobs have responsibilities including marketing and development of products of all types.
Advertising jobs cover every media outlet including newspapers, magazines, TV, radio, and the Internet.
Retailing jobs includes store management, buying, and merchandising.

CONCLUSION:

A Full-Time MBA costs Rs.2-3 lakhs and takes Two Years time duration.  Is this investment is reasonable?  Is this course suits to all individuals?

For a period of 2 years, MBA students strive sleeplessly over assignments, presentations, projects, group exercises and reports. This gives them good grounding for the nature of work they will eventually perform.

Before concluding this article, I would like to mention about the fact of MBA graduates at present.    In the words of Robert Brown, Director of Recruitment and Management of Head Hunters Grant Thornton " I would venture to say 70 to 80 percent of the MBAs are not worth considering."  In 1999, an article 'Why CEOs Fail by Henry Mintzberg and Joseph Lampel was published in Fortune.  Holders of MBAs ran some 40 percent of the 100 largest companies.  On examining failed CEOS, the authors found 38 had 'flopped' because of 'poor people skills' or 'bad execution'. (Tasmac Management Review March 2004)  Recently Infosys Chairman and Chief Mentor N.R.Narayana Murthy expressed the opinion that 'our graduates are ill equipped.   India today has over 5.3 million graduates even as industries face shortage of skilled labour '(Deccan Herald dated 16.1.2006) He also expressed an opinion that ' 75 pc  of engineering graduates are incompetent and  unfit to be employed  in IT firms. (Deccan Herald dated 4.1.2006)