Barkha Shah & Malavika Mariswami writes in Rediff :
You don't understand risk till you actually take one, and if you don't understand risk, you're training to be a Bureaucrat of Business Administration, not a Master.
Ouch! That hurts -- if you're doing an MBA without any work experience ('work-ex' in campus lingo), as most Indian B-school students are. Work experience is not a hard and fast part of the admission criteria for most institutes, and an MBA is the 'done thing' nowadays straight out of college.
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