Showing posts with label article. Show all posts
Showing posts with label article. Show all posts

Fast Track MBA


Working in a corporate for 2-3 years and feel stuck in your corporate job, bored of monotonous
growth and wondering how to get ahead in your career. Then you are not alone, you are one of
the many young workforce in the country.

MBA, is an option you can look for. For Indian General Category students there are two good
options –CAT and GMAT.  With CAT, you can get into top Indian B-School and you need 95% +
percentile. You can give CAT only once and the format remains unpredictable.  Many freshers
give CAT and target the IIM’s.

GMAT is good option for experienced people, you can prepare well and give it multiple times till
you get a good score. There are many Indian B-School that are taking GMAT as well – ISB,
Great Lakes, and S P Jain among the better ones. The average experience in these colleges
are also more than 2 years. They look for candidates with diverse background.
If you want an international exposure S P Jain is a good option, you can study in Dubai,
Singapore and Sydney.  They have customised programs for IT, Financial Executives,
Marketing and Supply Chain Management. They have packed 2 years MBA course in 1 year- 3
semester. So it is going to hectic, but you will make most of the year spent there. You will
become part of prestigious S P Jain Alumni. S P Jain Global MBA program has got a Global
Top Ten ranking by Forbes in its Best International MBAs: One-Year Program rankings (2015 -
16).

Companies are becoming global, S P Jain gives global experience to tackle and interact with
global counterparts. The economies are getting interconnected, Selling in china or oil prices
falling- effects every world economies. Hence, Global exposure becomes more and more
important. Three semester in 3 different campuses in Dubai, Sydney and Singapore. These
countries represents a dynamic regional economy and an ideal background to learn global
business, apply your learning and experience in a global context and build important
international networks.

You can finish your MBA in on year, and get back to work soon. Many fortune 500 companies
are part of the school’s recruitment cycle.

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Thinking beyond MBA and Engineering

According to ancient literatures, vidya means clarity. Interestingly otherwise, education, as a Western concept means a process of receiving systematic instruction or gathering knowledge! This is exactly the paradox that our post-colonial education system is dwelling in! Are we emphasising on one’s capacity to gather knowledge or the ‘clarity’ of wisdom? The education system implemented by the colonial rulers in India was meant to churn out robots to serve the massive system without asking any questions. Unfortunately, the post-colonial rulers preserved the same system rather than exploring the already available education system in ancient India.
“My son has to be an engineer and nothing else!” This is a very common statement that parents in contemporary India keep repeating, across regional and economic segments. In engineering, IT-related fields are in demand. When I confront the parents to get an explanation for such a firm career option that they want their children to choose, most common reasons cited are the steady career growth, focused future, relative affluence and prestige. For them, here’s some shocking survey data that I would like to furnish. The national employability report (2012) compiled by Aspiring Minds, an employability solutions company revealed that only 17.45 per cent of technical graduates in the country are fit to be employed. What this also means is that the rest, that is, 82.55 per cent, engineering graduates are unemployable. The survey that was conducted among technical graduates who graduated in 2011 from various parts of the country revealed that among the five lakh engineers who graduated in 2010, only 17.45 per cent were employable. The bitter truth is that Class VII students are better than 50 per cent of India’s engineers when it comes to quantitative skills. The report further added that only 10 per cent of engineering graduates in Tamil Nadu recruited by IT firms are actually employable.
The conclusions are based on a survey conducted across 16 States. Another survey in 2013 by IIM Udaipur reveals that 75 per cent of engineering graduates in Rajasthan are unemployable. It is not just the technical knowledge, but in a lot of other areas, the students fail to impress the interviewers. The study was conducted in collaboration with the Working Group on Education and State Planning Board, Rajasthan. I am sure the survey would have yielded similar results in many other states in India. The MBA, as a career option is also not shining; only 10 per cent of graduates are being actually employable despite the robust demand for MBAs, says a survey by the Associated Chambers of Commerce and Industry of India (ASSOCHAM, 2013). Business Standard states that barring graduates from IIMs, B-schools are losing out on attracting India Inc.
The robotic and conventional education system does yield a large number of professionally qualified graduates from various courses, but most of them, beyond receiving instruction (and delivering accordingly), are unable to bring in directional benefits to the companies. Since the
subjects are largely skill-oriented, most of the graduates lack proper cognitive and spontaneous thinking capacity and hence lack in deliverance, unless being instructed. Innovation and out-of-the-box ideas are rare qualities.
In contrast to the stagnation of scope and employability of regular run-of-the-mill professional courses, the creative courses
(product design, graphic design, textile design, fashion design, etc) not only teach the idea generation process and out-of-the-box thinking, but also prepare students in presentation and communication skills. A report published in Economic Times (Feb 28, 2014) mentioned that IT companies offer up to 50 per cent higher salaries to design students than engineering graduates. The report states, Indian IT firms have been trying to scamper up the ‘value chain’ in the past few years, and the resultant increase in focus on verticals such as product design and emerging technologies like mobile and cloud are sending tech giants on a talent hunt to the country’s arts and design schools. With salary offers at a premium of well over 40-50 per cent given to engineering students, IT firms are making a beeline to recruit students from the like of the National Institute of Fashion Technology (NIFT) and Srishti School of Art, Design and Technology, Bangalore. Compared to entry-level salaries of tech graduates, which are around Rs. 2.5-3.5 lakh pa, design students are being picked up by companies such as Microsoft, SAP Labs, Cognizant, Mindtree, Infosys, Wipro and InMobi, as well as e-commerce players such as Amazon, Myntra and Flipkart, for anywhere between Rs. 4-18 lakh, depending on the institute. At NID-Ahmedabad’s December 2013 placements, Samsung R&D recruited students at a salary of Rs.18 lakh, while Cognizant was the top recruiter with 20 students. Remember, these placements are apart from the companies that regularly recruit creative professionals (brands, product design labs, R&D centres, retail giants, e-commerce giants, buying houses and graphic design labs) across campuses every year.
Opportunities in creative fields are increasing faster with new streams being added every year. Some of the recent streams are User Interface design, Mobile app design, Trend forecasting, Styling, Fashion journalism, Fashion photography, Game design and Event management. The ever-increasing interest in entrepreneurship among graduates from design schools are phenomenal due to the global market requirement and innovative ideation process among the graduates. Also, investors are looking for unique ideas and business plans to invest. Hence, alternative careers in creative fields have better prospects than the conventional ones. Keeping our unique socio-cultural mix, the future wealth of India depends on ideation, research, innovation and storytelling capacity. The youth population, which is portrayed as a boon, can be a bane if we keep producing mindless robots. We will be then the biggest resource to provide physical labour to the developed nations, and nothing else.

Ref:indianexpress

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Harvard Business School opens in India

HBS today announced the launch of the new amphitheater-style classroom, built and owned by the Taj Lands End, owned by the Indian Hotels Limited. The new space replicates the classrooms on the School's Boston campus, giving participants and students a true Harvard Business School case method learning experience, for the first time in India. The launch of the classroom kicks off with a series of activities including research conferences and executive education programs. This is the latest milestone in the School's deepening engagement in India that over the last decade has produced a growing body of research on Indian companies and management practices.



HBS has historically strong ties to India through its faculty, students, and alumni. Over the last decade, HBS professors began traveling to India for research and teaching with increasing frequency.





Harvard Business School has historically strong ties to India through its faculty, students, and alumni. Over the last decade, HBS professors began traveling to India for research and teaching with increasing frequency.

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Resume Writing Tips


I came accross this usefull article from sandboxadvisors for resume writing. Attractive resume helps you get an interview call.


How To Write A Resume That WOOs Recruiters – Describing Your Job Responsibilities & Achievements


http://www.sandboxadvisors.com/insights/transition-job-search-strategy/writing-cv-job-responsibilities/

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Bschool Circulum out of sync


Many ivy league bschools have revamped thier MBA courses. After 2008 sub prime crisis, finance has gone through immense change. There is a more conservative approach and less overexposure of capital.

Many bschools are also including sustainibility and capatilism 3.0, inclusive growth in thier syllabus. Indian schools are also bridging the gap between class room and real world.

IIM director says change is not possible over night. Many student come thier to get placed in top IB's and cosulting companies and they try to carter to thier needs. But change is coming, many other top bschool are imparting leadership traits and developing self  analysis.


AIM, manila has case based method class room, 80 % of classes are discussion. Their also real simulation for strategy, marketing and operations. AIM also encourages student to attend seminars on CSR. It keeps innovating on its course structure to provide better material to students. AIM also forces to self-study.

Indian bschools need to follow such institues to provide a wholistic learning.

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Indians prospering in American Bschools


These are some Indians who are deans in major american B schools.

Soumitra Dutta- Dean of Ivy league Cornell University

Sunil Kumar- chicago Booth school of business

Nitin Nohria- Harvard

Dipak jain- INSEAD

The late CK Prahlad of Ross school of business is recognized for his management theory. The reasons why Indian are prospering are proficiency in english, maths and flexibility to achieve goals in unorganized environment. Most of them are IITians and entrepreneurial mindset.





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Linkedin: Power of Networking

LinkedIn is a large social network for businesses and individual professionals. Employers are checking linkedin profile of candidates before hiring.


LinkedIn was founded in May of 2003 by Jean-Luc Vaillant, Reid Hoffman and Konstantin Guericke. 
There are about 120 million user of Linkedin and 1 million+ company profile.



Now you can apply for jobs on Linkedin itself. Linkedin has recently listed in NYSE, and it was one of the  great est ecommerce IPO.

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Vocab Power Updated Daily

  • COBBLED - Repair or mend
  • ABHORRENCE - Hate coupled with disgust
  • INCUMBENCY - The term during which some position is held
  • MITIGATE -Lessen or to try to lessen the seriousness or extent of
  • dubious - Open to doubt or suspicion
  • FOSTERING - Encouragement; aiding the development of something
  • ELICIT- Call forth (emotions, feelings, and responses)
  • PLAUSIBLE - Apparently reasonable and valid, and truthful
  • FORGE - Move ahead steadily
  • BOLSTER (V)-Support and strengthen
  • ECCENTRIC- A person with an unusual or odd personality
  • PATRONAGE - The act of providing approval and support
  • IMPERVIOUS - Not admitting of passage or capable of being affected

Updates from my other Blogs

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