MBA is not Management

This should be obvious.

MBA stands for Master of Business Adminstration. This means you are an expert in adminstering or conducting a business. So where does the "management" part come in ? Adminstering a business is like doing something thats told to you by somebody else - probably the lalaji or goon who runs your company. He's the leader and you are the servant. Management doesnt figure anywhere in this scheme of things. To become such a person go ahead and get yourself an MBA degree. These degrees are also distributed under different names such as PGDBA (by our fancy IIM's) - Post Graduate Diploma in Business Adminstration. Agreed, that the IIM thing is most valuable even if they call it anything else. (Whats in a name after all?). But the subtle difference being that its a diploma and that too in only adminstering a business.

The scope of an MBA thus is limited to only adminstering businesses. No Management.

Now lets get to what needs to be done if you want to be a Master of Management. Now for this go to IIT Bombay and pick up one. They give these Master of Management degrees. And this, mind you, is not business adminstration. However, if you are a master of management, then handling and adminstering a business should be childs play. Else if you dont get the IIT thing, then the next best thing is to get the Master of Management Studies (MMS) from the University of Bombay. Avoid the deemed places, unless its TISS - for then you get a MA in Personnel Management.

And after you are a master of management - you can "manage" things - anything, be it a WAG or a Bofors Gun. Not just finances and excel sheets. And as I said earlier adminstering a business would be childs play.