CAREER MYTHS
![ET Career Talks: Experts on the evolving MBA—shifting from prestige to purpose and practicality, a reality check](https://img.etimg.com/thumb/msid-112920352,width-100,height-75,resizemode-4/jobs/fresher/et-career-talks-experts-on-the-evolving-mbashifting-from-prestige-to-purpose-and-practicality-a-reality-check.jpg)
ET Career Talks: Experts on the evolving MBA—shifting from prestige to purpose and practicality, a reality check
In the latest episode of ET Careet Talks, powered by Sapthagiri NPS University, Dr Somdutta Singh, Founder of Assiduus Global, and Kunal Saxena, Director of Marketing at Sapthagiri NPS University were joined by moderator Vasanthi Hariprakash. Together, the experts delved into the evolving landscape of management education, the relevance of MBAs, and the significance of value systems in a society obsessed with validation. Here are the key takeaways from the panel, ‘MBA: Myth vs. Reality - Is it Still the Right Choice?’
![Myth Debunking 101: You must meet every job requirement to apply for a job'](https://img.etimg.com/thumb/msid-112781794,width-100,height-75,resizemode-4/jobs/hr-policies-trends/myth-debunking-101-you-must-meet-every-job-requirement-to-apply-for-a-job.jpg)
Myth Debunking 101: You must meet every job requirement to apply for a job'
Job seekers often skip job listings if they don’t meet all the qualifications, mistakenly believing they must fulfill every requirement to apply. However, employers are generally more flexible and value potential, transferable skills, and a good cultural fit over strict adherence to job criteria.
![Myth Debunking 101: Tech jobs aren’t creative enough](https://img.etimg.com/thumb/msid-112731195,width-100,height-75,resizemode-4/jobs/hr-policies-trends/myth-debunking-101-tech-jobs-arent-creative-enough.jpg)
Myth Debunking 101: Tech jobs aren’t creative enough
While tech jobs often involve coding, bug fixing, and client meetings, they also require significant creativity. Creativity is crucial in areas like software development and UX design, where problem-solving and innovative thinking play key roles.
![Myth Debunking 101: You can’t switch jobs between private and government sectors](https://img.etimg.com/thumb/msid-112622976,width-100,height-75,resizemode-4/jobs/mid-career/myth-debunking-101-you-cant-switch-jobs-between-private-and-government-sectors.jpg)
Myth Debunking 101: You can’t switch jobs between private and government sectors
Switching between government and private sectors can be challenging due to differences in skills, culture, and growth paths, but it's achievable with careful planning. Sarbojit Mallick, Co-Founder of Instahyre, advises individuals to assess their transferable skills like project management, leadership, and communication to facilitate the transition.
![Nilesh Shah debunks 3 market myths; urges investors to take some risk and invest for real returns](https://img.etimg.com/thumb/msid-112558096,width-100,height-75,resizemode-4/markets/expert-view/nilesh-shah-debunks-3-market-myths-urges-investors-to-take-some-risk-and-invest-for-real-returns.jpg)
Nilesh Shah debunks 3 market myths; urges investors to take some risk and invest for real returns
Do not put all eggs in one basket. Be a long-term investor. Anything done in haste doesn't bear fruit. Investment needs time and one has to be patient. Nilesh Shah says Indians should get financial freedom by becoming regular long-and disciplined investors. Do not look at past performance and invest. Please invest in a basket of securities from debt, equity, real estate, commodity.
![Myth Debunking 101: Certifications are not as valuable as degrees](https://img.etimg.com/thumb/msid-112465641,width-100,height-75,resizemode-4/jobs/fresher/myth-debunking-101-certifications-are-not-as-valuable-as-degrees.jpg)
Myth Debunking 101: Certifications are not as valuable as degrees
Certificate programs, which follow a tailored approach to educate people with specific skills, are affordable upskilling solutions that are designed under the supervision of industry professionals. These are quick courses that provide a more rapid entry into the field.
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Myth Debunking 101: Reentering the workforce requires starting over
Professionals frequently faced career breaks, making reintegration daunting. Neha Bagaria explained that accumulated skills and experience retained their worth. Updating resumes, online learning, and networking facilitated job re-entry. Companies' returnee programs grew in support.
Myth Debunking 101: Stability is better than risk for mid-career professionals
During mid-career stages, professionals tend to avoid risks due to financial and family obligations. However, experts emphasize the importance of calculated risks for career growth. Strategies like upskilling, networking, and having a contingency fund can help manage risks. One professional successfully transitioned to a new business unit, broadening his skills and career opportunities.
Myth debunking 101: Creative careers are not lucrative
The creative field is evolving, with artistic and creative jobs becoming more lucrative thanks to digitalization and social media. Bengaluru tops the charts for influencer marketing job postings. Skills in content creation, multimedia, and content strategy offer ample growth opportunities. Overcome common pitfalls by linking creative work to business outcomes.
Myth Debunking 101: You should never switch jobs during economic downturns
Switching jobs during economic downturns is risky. Murali Santhanam notes job security concerns; healthcare and tech remain stable. Ankit Agarwal cites competition, salary constraints, and urgent roles. Enhancing skills, leveraging networks, maintaining financial stability, and strategic branding help. Emphasizing adaptability, exploring non-traditional paths, and following practical strategies improve job prospects and career fulfillment.
Myth debunking 101: ‘Introverts cannot be leaders’
Introverts face stereotypes hindering their leadership potential, yet possess crucial qualities like empathy and strategic vision. Despite misconceptions, they excel at fostering approachable environments and making thoughtful decisions. Strategies for introverted leaders include one-on-one meetings, effective delegation, and empathetic conflict resolution. Overcoming challenges like visibility and public speaking, they can thrive by leveraging their unique strengths.
Myth debunking 101: Career advancement is possible only through formal promotion
The traditional career advancement model is evolving, with professionals seeking alternative paths for growth beyond vertical promotions. Embracing flexibility and skill development, individuals can navigate lateral moves, upskilling, networking, and diverse experiences to achieve success in today's dynamic work environment. Experts advise on strategies to seize these opportunities effectively.
Myth Debunking 101: ‘Receiving feedback is a sign of failure’
Feedback is often misunderstood as criticism, hindering professional growth. Overcoming psychological barriers and seeking feedback for skill development is crucial. Experts suggest leveraging feedback to identify areas of improvement and embracing new technologies. Stories of success highlight the transformative power of feedback when embraced with an open mind.
Myth Debunking 101: Unpaid internships are the only way freshers an gain experience
Freshers entering the job market often face the dilemma of choosing unpaid internships for gaining experience. While such opportunities can be valuable, experts caution against the financial burden and limited growth prospects. They recommend exploring alternatives like apprenticeships, freelance projects, and upskilling programs to enhance skills and career prospects effectively.
Myth Debunking 101 – ‘Remote work limits career growth’
The article discusses the prevalent misconception that remote work hinders career growth and emphasizes the benefits it offers when managed effectively. It highlights the necessity of changing mindsets towards remote work to leverage its potential for career advancement. Experts suggest that remote work enhances flexibility, access to global opportunities, and diversity, while reducing overhead costs and commuting. Strategies such as networking through online platforms and acquiring specific skills like remote communication and time management are crucial for remote workers.
Myth Debunking 101: Salary negotiation is not meant for freshers
Many freshers often hesitate to negotiate their first salary, but it's crucial for setting a positive tone in their careers. Mental barriers like unfamiliarity with negotiation skills and pressure to start quickly hinder negotiations. Lack of market salary information and fear of rejection also contribute to hesitation.
High-paying IIT jobs a myth? Top grads settle for as low as Rs 6 lakh as placements dry up
Despite the usual hype surrounding the Indian Institutes of Technology (IITs) placement season, this year has presented significant challenges for graduates seeking high-paying jobs. The global economic slowdown has caused companies to reduce hiring numbers and offer lower salary packages, impacting students at prestigious institutes like IIT Indore, IIT Bombay, IIT-Kharagpur, and IIT Delhi.
Myth debunking 101: Job designation determines your worth
In the professional world, job titles impact self-worth based on societal validation and locus of control. Focusing on skills and contributions, avoiding burnout, and valuing roles over titles are crucial for personal growth.
Myth debunking 101: Follow your passion to get career success and growth
The saying "Follow your passion to taste success" is one that everyone encounters at some point in their career. Although some people can turn their passion into a lucrative career, this adage is not always applicable. and not always useful. Career success and choice are influenced by a number of things. Therefore, it's critical to dispel this myth and assist newcomers in making an informed choice.
'Shark Tank India' judge Vineeta Singh debunks biological clock vs career myth: There is no conflict
Vineeta Singh, the CEO of Sugar and a judge on 'Shark Tank India', recently shared on Instagram her perspective on the perceived conflict between a woman's biological clock and her career aspirations. She emphasized that there is no actual conflict between these aspects of life, encouraging women to focus on their career paths without unnecessary pressure.
Why ‘superwoman’ title is a trap laid to enslave women
In this extract from her new book, the award-winning journalist looks at how women, in a bid to strive to be the ultimate superwomen, take on more than they can handle, often sacrificing their own needs for the sake of others. Man or woman, this is one piece you should read today
IIT degree doesn't guarantee crores: IIT-Roorkee alumni and IFS officer gives a reality check, busts placement myths
The reality of IIT placements, revealed by IFS officer Gaurav Garg, showcases a wide salary range from ₹6-35 lakh, with CSE and ECE graduates receiving higher offers. Global companies like Google and Facebook offer crores, but salary packages can be complex, often resulting in lower in-hand pay. IIT Bombay struggled this year, with 36% of students failing to secure jobs, reflecting challenges in a volatile economic climate.
Myth Debunking 101: ‘Leaving a job before one year can hurt your career’
Leaving jobs early can challenge traditional career paths but offers learning opportunities in emerging tech. Strategies include emphasizing skills and achievements to counter reliability doubts, ensuring successful career navigation.
Myth debunking 101: 'Early career change leads to instability'
Transitioning careers in your late 20s to early 30s is a common dilemma, often clouded by misconceptions about its impact on professional growth. Rohan Sylvester, a Talent Strategy Advisor at Indeed, highlights that changing careers at this stage can lead to growth and success if planned properly.
Myth Debunking 101: A higher education degree = A hefty paycheck
In the modern job market, the belief that higher education guarantees higher earnings is being challenged. While degrees can open doors initially, they don't guarantee long-term salary growth. Continuous learning and adaptability are crucial in rapidly evolving industries. Industries like technology and digital marketing prioritize skills and practical experience over formal education.
Myth debunking 101 – ‘Networking is only for extroverts’
Networking is often seen as a task for extroverts, but experts argue that introverts have unique qualities that can make them successful networkers. While introverts may face challenges like feeling overwhelmed or struggling with small talk, there are strategies they can use to overcome these obstacles.
Unveiling Myths, Embracing Success: Shibani Kurian's guide to financial empowerment this Women’s Day
"Women are leaders everywhere you look – from the CEO to the housewife who raises her children and runs her household. They are surely gaining their rightful place on the global map and leaving footprints for the younger generation to follow. One factor for success that is often overlooked is mentorship."
Starting up after 50: Lessons on entrepreneurship from the ‘wisdom generation’
Entrepreneurs over 50 are finding success by leveraging their years of expertise and experience. Vivek Srivastava, founder of Integrated Brand Heuristics, emphasizes the need for persistence and building a committed team. Daisy Malik, founder of The Roots Organic and Natural Store, highlights the challenges of marketing and advocating for organic food. Rekha Kochhar, founder of Boutique Bites of Health, shares her accidental journey into entrepreneurship and the importance of lifelong learning and innovation.
Joseph Fiennes regrets over playing Michael Jackson. All you may want to know
Joseph Fiennes portrayed the role of Michael Jackson in British series Urban Myths.
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