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neha archana
December 2nd, 2008, 06:43 PM
hi MPites will you suggest what all MBA students should do after completion of their MBA degree.
the conditon of market is before you ECONOMIC RECESSION and now TERRORIST ATTACK any suggestions from you all.




ankit_chan
December 2nd, 2008, 07:18 PM
hehehehe...
Good question Neha...
|touchwood| but my college has got atleast some placements wherein companies are coming with packages upto 8 lacs pa..

But certainly there are less jobs in the market...
So, the only option left is to become an entrepreneur..
The benefit of becoming an entrepreneur is that you dont have to depend on others for the job and also that u can create job opportunities for your juniors...

But again the question is that become entrepreneur in which business?? really tough to answer...
Few companies came in campus for the hardcore finance... Lets hope..
Otherwise I will need help from the forumites for the placements...

kartik
December 2nd, 2008, 07:47 PM
There are many MBA-Finance Students who are opting for CFA, CA, CS than taking up a low profile job.

Some are going for PhD while the rest are taking entrepreneurial route.

Marketing profiles dont seem to be affected in pay or profile in comparison to last year though the competition is tougher and MBA engineers are getting preference over MBA's with other background.

I'd love to know more from our members as to whats the situation at their institute ;)

pahuja.chirag
December 2nd, 2008, 08:03 PM
in our institute also situation is very bad. placements are going on but packages have reduced drastically and so is the number of students placed in each company. everyone is waiting to get placed. people are ready to work for low package, due to the market situation. everyone is also trying on his/her own for the job and some have got good placement outside also. students of all the specialisation are affected, no stream is left unaffected. well what our students are doing is applying outside in various companies, and very few have chosen the entrepreneurial route.

rajalakshmi
December 2nd, 2008, 09:20 PM
hi ankit!! you forgot to mention which IIPM you belong to? becos as per the chennai branch which i belong to is facing no placements at all.. n all my senior are being offered only abt 3lacs CTC which is worse.. we pay more than 7 to 8 lacs for that... that package was for a marketing job.. leave alone finance n HR...?? its big question mark in most of the college... but inspite all this LIBA can still manage about 6 to 7 lacs CTC with companies like CTS n ICICI... still depressed with the time now...

vikash.mishra4
December 2nd, 2008, 09:49 PM
hiiiiiiiiii...evry1 !!!!!!!! ya i agree with u all ppl...condition z bad but in my college der r sme gud fmcg co,s hv cme wit low packages...but thank god i got placed.....dis yr watevr cmes tk it...later on u decide wat u do bcoz getting a job z tougher than leaving..so watevr it cmes take it........

kartik
December 2nd, 2008, 09:55 PM
hiiiiiiiiii...evry1 !!!!!!!! ya i agree with u all ppl...condition z bad but in my college der r sme gud fmcg co,s hv cme wit low packages...but thank god i got placed.....dis yr watevr cmes tk it...later on u decide wat u do bcoz getting a job z tougher than leaving..so watevr it cmes take it........

Which company did you get placed in? What profile , package? Whats the kind of packages that fmcg companies are offering at your institute? We'd love to know.

neha archana
December 2nd, 2008, 09:57 PM
There are many MBA-Finance Students who are opting for CFA, CA, CS than taking up a low profile job.

Some are going for PhD while the rest are taking entrepreneurial route.

Marketing profiles dont seem to be affected in pay or profile in comparison to last year though the competition is tougher and MBA engineers are getting preference over MBA's with other background.

I'd love to know more from our members as to whats the situation at their institute ;)

HI KARTIK A QUESTION FROM YOU I AM STUDENT OF POST GRADUATE DIPLOMA MANAGEMENTSO MAY I GO FOR PhD WILL YOU SUGGEST ME

kartik
December 2nd, 2008, 10:15 PM
HI KARTIK A QUESTION FROM YOU I AM STUDENT OF POST GRADUATE DIPLOMA MANAGEMENTSO MAY I GO FOR PhD WILL YOU SUGGEST METhere are a lot of institutes that offer PhD in Management including ISB, IIM, XLRI, Xaviers, Nirma to list a few.

The course is also known as FPM, Fellowship programme in Management (http://www.managementparadise.com/forums/general-talks/65146-phd-management.html#post180185). If you dont want to settle for a job thats coming your way, then investing time in getting degrees is one of the best alternatives.

neha archana
December 2nd, 2008, 11:02 PM
There are a lot of institutes that offer PhD in Management including ISB, IIM, XLRI, Xaviers, Nirma to list a few.

The course is also known as FPM, Fellowship programme in Management (http://www.managementparadise.com/forums/general-talks/65146-phd-management.html#post180185). If you dont want to settle for a job thats coming your way, then investing time in getting degrees is one of the best alternatives.

hi kartik i think you did not notice my PGDM not MBA now tell me may i go for PhD

kartik
December 2nd, 2008, 11:18 PM
Neha, PGDM and MBA are equivalent. You may have missed the link in my previous post which has eligibility criteria for IIM B. Check http://www.managementparadise.com/forums/general-talks/65146-phd-management.html#post180185

Call up any of the institute to learn more about PhD programs they offer.

pahuja.chirag
December 2nd, 2008, 11:37 PM
hi neha, i will suggest you go for PHD only if you want to go into teaching line. otherwise if you spend that time in the field that will be much more beneficial to you. it all depends on your interests, so think deeply before taking any decision.

ankit_chan
December 3rd, 2008, 12:32 AM
hi ankit!! you forgot to mention which IIPM you belong to? becos as per the chennai branch which i belong to is facing no placements at all.. n all my senior are being offered only abt 3lacs CTC which is worse.. we pay more than 7 to 8 lacs for that... that package was for a marketing job.. leave alone finance n HR...?? its big question mark in most of the college... but inspite all this LIBA can still manage about 6 to 7 lacs CTC with companies like CTS n ICICI... still depressed with the time now...

Dear Rajalakshmi,
I m from IIPM Mumbai (FW 07-09 batch) ... I know the status of all the IIPMs... thats why I said |touchwood|... because only IIPM Mumbai & Delhi still have placements.. Others do have but very few.. For some companies, IIPM Pune came to our campus for the placements..We had combined placements..

I said it is upto 8 lacs.. Only 'Kama Jewelery' gave 8 lacs package, Profile - Sales.. Matrix gave 6 lacs, profile - Sales (sim card)..
There are many companies with 4 lacs packages..
You said in IIPM Chennai, last year it was 3 lacs.. But in IIPM Mumbai, the minimum package what the company should give is 3.5 lacs till last yr.. This yr it is 3 lacs.. That means no company with less than 3 lac package can come to IIPM Mumbai..

Only 2 companies came for Finance... Both are hardcore Finance...
No company for HR...
Many companies for Marketing...
We have SS & FW batch combined placements wherein most of SS batch are placed before our placements.. All the above what I stated are for FW batch.. I think SS batch placements were much better than ours..

TCS & ICICI are giving 6-7 lacs CTC?? good yaar... because all the TATA companies are known for giving less packages.. If both these companies giving 6-7 lacs CTC then do grab it.. Dont miss this opportunity..

Even our placements are affected a lot because our biggest recruiters are no more... Lehman Brothers & Citi Bank were our largest recruiters (in terms of nos.) are no more.. It was very sad for us to hear from our seniors who lost their jobs on their 1st day itself.. They were placed in Lehman and on the 1st day itself they were told sorry but the company is closing down from tomorrow.. The next day they filed up the bankruptcy..

The topic is 'there is no job'... But I think there are many job vacancies.. The company also needs the people but the thing is that they are not hiring it because of the social reputation.. People say that when everyone are firing & you are hiring that means something is wrong in you..
Just wait for few more days and see the companies back in hiring processes..
For example, most of the Insurance cos & MF AMCs have fired people but without marketing people they cant survive in the market.. Once they hire marketing and they start performing, they will require Finance, Operation guys.. After that they require HR guys...
So, just wait for few more days and see how the hiring processes starts again..

I said wait for few more days that doesnt mean that you should literally wait.. If you get good companies with decent profile then do join it... :SugarwareZ-172:

deepakraam
December 3rd, 2008, 03:33 PM
I feel sorry for you guys.Recession seriously is pinching all of us.I think the picture is not so rozy in IIPM but I'm seeing the ads in all newspapers Mr.Arindham is inviting ppl to take-up MBA in IIPM.Is it a ad gimmick or do you guys blame the economic climate for this placement scenario?

FYI:I'm an MBA aspirant working in a reputed IT company.

-Deepak.

ujjwal kant
December 4th, 2008, 01:56 AM
hi MPites will you suggest what all MBA students should do after completion of their MBA degree.
the conditon of market is before you ECONOMIC RECESSION and now TERRORIST ATTACK any suggestions from you all.

hi neha it is nice to see that you are thinking about your placement and you are trying for it.
as your asked what after MBA try for job it may be possible you will not get good package but you will get job and recession you will have experince so donot bother about package only think about placement.:SugarwareZ-229:

TeeDee
December 4th, 2008, 01:09 PM
Hey Guyz
I dnt think we need to break our heads so hard on getting jobs after MBA...though there is an ongoing recession but this is not going to stay for long...lets get our knowledge base updated n rest will be all good!!
Cheers
TeeDee

pahuja.chirag
December 4th, 2008, 01:30 PM
i agree with you Teedee. its not that after doing MBA one will sit idle. MBA gives a lot of skills with which one is able to earn a decent livelihood at least. And when the recession gets over, all the opportunities will open again. Till then there is nothing wrong if we get less salary, or not a very good profile. But the experience that we will earn will really help in grabing the future opportunities.

rajalakshmi
December 4th, 2008, 08:27 PM
I feel sorry for you guys.Recession seriously is pinching all of us.I think the picture is not so rozy in IIPM but I'm seeing the ads in all newspapers Mr.Arindham is inviting ppl to take-up MBA in IIPM.Is it a ad gimmick or do you guys blame the economic climate for this placement scenario?

FYI:I'm an MBA aspirant working in a reputed IT company.

-Deepak.
hi deepak.. may be the situation is not good at the moment. but the facility n faculty provided by IIPM is one of the best in the B- schools around. The exposure of knowledge n other kinds of benefits are really good in our college.!!!!. :-). FYI.

ankit_chan
December 4th, 2008, 08:48 PM
hi deepak.. may be the situation is not good at the moment. but the facility n faculty provided by IIPM is one of the best in the B- schools around. The exposure of knowledge n other kinds of benefits are really good in our college.!!!!. :-). FYI.

I completely agree with Rajalakhsmi..
Dear Deepak, whatever you want to say - whether it is a marketing gimmick or a hype or whatever... Agreed to all but the underlying thing is that all the students gets good faculty, exposure and decent placements.. This yr placements are down due to bad economic environment but still there are placements going on and till date there had been 40 companies in IIPM Mumbai..

Deepak you might have seen the movie - Guru where there is a line that 'if people speak behind you that means you are progressing'... Same is the case with IIPM.. Everyone speaks bad about IIPM & Arindham but the fact is that they are progressing at a good rate..
Sometimes even we do say bad about IIPM but we cant forget the fact of good quality teaching n exposure and hence paying such a high fees is a worthwhile..

It is giving continuous ads because it want to grow.. And one more thing it is the highest profit making educational institute in India.. They make profits in crores of Rs. and why not when still students are joining IIPM paying fees as high as 8.25 lacs...

lets not deviate more from the topic.. Back to topic..
IIPM still has placements...

vijayagarwal.22
December 4th, 2008, 10:36 PM
hi there
marketing is my major and i may sound a bit optimistic buy FMCG sector is still very healthy its growing at 12-13% rate, insurance and pharma are other few sector still growing at a good rate so you dont have to worry much if ur from marketing but if ur from finance its a bit tough time for you. But try hard dont just depend on college.

ritiarora
December 5th, 2008, 01:25 AM
hey evn in our college, cond s so bad.. companies are coming but for only sales sales sales.. evn i m facing alot jus becaus having engineering background hw can i start my career with these type of jobs.. i mean any graduate ppl can do it well.

maverickzoRRo
December 5th, 2008, 12:03 PM
thr is 1 more option........

in dis scenario u can go another mba degree ex. if right now u r pursuing finance den u can go for mba marketing. dis wil definitely help u. bcoz sitting home for 1 yr or more is not an option at all bcoz once new batch comes out no one wil ask u. & most of the institute dont offer duel degree. & most imp thing is for dis second mba degree u need not to give entrance exam again & wil have to do only specialization yr. dts it guyz.............

so think @<hidden> it . its one of d best options.........

kapil21682
December 5th, 2008, 02:14 PM
I am pursuing an MBA along with my job, though it cannot be compared with a regular MBA, still it was this fear that prompted me to go for an executive course. Right now seeing the current situation, though this year we see a decline in the amount and package of placements, but everybody's hoping that if we keep our heads high and just work to our potential we will definitely have a bright future.

rajalakshmi
December 5th, 2008, 08:26 PM
hello guys!!! people with dual specialisations are not doing well leave alone one specialisation. What i recently heard from one of my seniors is that around 11 companies have dropped their allotments for placements. This is not only in case of my colleges but also most college in and around chennai. I would not agree with ankit by saying NO, there is no placements around!!

mohitjain1981
December 5th, 2008, 08:55 PM
just hold on for a little while....things will get better....till then - best of luck....

dippesh.jain
December 6th, 2008, 11:17 AM
Hey guys,

I have done by MBA in Marketing and now working in an animation production house,

i am planning to get some more education but not able to pin down on what should i learn or what i can learn.

already have done Diploma in Adverting and PR and also in Event Management,

me looking at some course on Strategy Management. ( where in i can learn how to build strategies etc.)

can any one share any info on the same

thanks
Dippesh

neha archana
December 6th, 2008, 11:21 PM
thr is 1 more option........

in dis scenario u can go another mba degree ex. if right now u r pursuing finance den u can go for mba marketing. dis wil definitely help u. bcoz sitting home for 1 yr or more is not an option at all bcoz once new batch comes out no one wil ask u. & most of the institute dont offer duel degree. & most imp thing is for dis second mba degree u need not to give entrance exam again & wil have to do only specialization yr. dts it guyz.............

so think @<hidden> it . its one of d best options.........

hi will you tell me if i go for another MBA it wont be wastage of time if not how will you explain it
i am student of IITTM (PGDM, SERVICES) my spl is MKTING and FINANCIAL SERVICES now tell me what should i do

prasadgoa
December 7th, 2008, 12:41 AM
In our campus there are placements but packages offered is not satisfactory..
........

dictator
December 7th, 2008, 03:22 AM
not all sectors are down...thre are certain sectors with neutrally correleated with market like mobile communication,fmcg is also not faring bad..target them

vippy123
December 7th, 2008, 09:39 PM
There is now a tremendous need for entrepreneurs and innovators to meet the demands of changing economy.

rajasubbu
December 8th, 2008, 02:09 AM
The gloomy scenario is noticeable very strongly in the UAE even though it is not publicised. Dilution in emoluments and job losses are looming in all sectors.

I think the very essence of taking up an MBA course is not only in marketing/investment banking etc. but in getting trained in being an entrepreneur. This way one can generate employment.:israel:

noed
December 8th, 2008, 09:34 AM
hey guys,

i guess the best thing to do now is...make sure the co you select and the profile they offer to be of prime importance..d pay shud be d least of all concerns..surely tough times will go by..n we will get to bite the pie when al''s well n BULLISH!!

dippesh.jain
December 8th, 2008, 11:01 AM
hey all,
i have a different approach for all of you
who said there is no job,
there are lot of jobs it's just they are not as per our likes and your own (ballooned) disires.

First answer me,
why did u guys do MBA,
1) to learn some thing new
2) to face challenges in life or to live an easy life
3) to create or do something new and better than others

right

there are huge job opportunities ion various fields like
1) for marketing
a) Entertainment industry
ample jobs and people required in Tv channels, Radio, Animation companies, Film Production house and all these fields needs people for marketing / getting business.
b) Education
yes, friends, there are so many classes and institites opening up, all of them require people to either market or educate their students, MBA can definately share their knowledge part time or full time,
c) Food
lot of food joints opening ( national scaled ones) they need people to handle their franching business / stores / strategies
d) Medicines / research etc etc

2) Finance
yes friends, you need money first to handle anf set out good investment options, guys try to explore what are the investment options do just look at Share market or insurance and mediclaims,
use your brainds, understand what does a middle class people need
1) increase their money and also have it safe,
find out more and new unexlored opportunites for them
can be having investment opportunites from other succesful business / franchinsing options, Venture capital ( many people investing in small amounts and getting shares) etc etc
many more

what say guys

anupaku
December 8th, 2008, 11:43 AM
in our institute also situation is very bad. placements are going on but packages have reduced drastically and so is the number of students placed in each company. everyone is waiting to get placed. people are ready to work for low package, due to the market situation. everyone is also trying on his/her own for the job and some have got good placement outside also. students of all the specialisation are affected, no stream is left unaffected. well what our students are doing is applying outside in various companies, and very few have chosen the entrepreneurial route.

hi
everyone is also trying on his/her own for the job and some have got good placement outside also. students of all the specialisation are affected, no stream is left unaffected. well what our students are doing is applying outside in various companies

amit@xl
December 8th, 2008, 01:20 PM
yess ... sorry for the spam here.... i never wanted to spam .. but was forced by this site to do so ... sorry again .. happy forum discussion ...

hey all,
i have a different approach for all of you
who said there is no job,
there are lot of jobs it's just they are not as per our likes and your own (ballooned) disires.

First answer me,
why did u guys do MBA,
1) to learn some thing new
2) to face challenges in life or to live an easy life
3) to create or do something new and better than others

right

there are huge job opportunities ion various fields like
1) for marketing
a) Entertainment industry
ample jobs and people required in Tv channels, Radio, Animation companies, Film Production house and all these fields needs people for marketing / getting business.
b) Education
yes, friends, there are so many classes and institites opening up, all of them require people to either market or educate their students, MBA can definately share their knowledge part time or full time,
c) Food
lot of food joints opening ( national scaled ones) they need people to handle their franching business / stores / strategies
d) Medicines / research etc etc

2) Finance
yes friends, you need money first to handle anf set out good investment options, guys try to explore what are the investment options do just look at Share market or insurance and mediclaims,
use your brainds, understand what does a middle class people need
1) increase their money and also have it safe,
find out more and new unexlored opportunites for them
can be having investment opportunites from other succesful business / franchinsing options, Venture capital ( many people investing in small amounts and getting shares) etc etc
many more

what say guys

aasuba
December 8th, 2008, 05:05 PM
be an enterpreneur. plan for a business along with friends:SugarwareZ-168:

vickykumar0075
December 8th, 2008, 05:17 PM
in my institute last year my almost senior were placed but this year scenarior is very worse.

VG_nsit
December 8th, 2008, 06:00 PM
wiil go for a job i got ithrouch campus palcement

sumitdhandhania
December 8th, 2008, 10:02 PM
Economic value addition by Indian Banks: A study

nishith83
December 8th, 2008, 10:28 PM
grab this opportunity to become a job creator!!..I think we are well equipped to start on our own. Do analysis of different sectors and see where as an individual u can fill the gap to some extent

rajeshbchetnani
December 9th, 2008, 09:05 AM
Hi!
Kartik's idea to pursue further education in recessionary times is very good!
It's the right time to study and upgrade our skills.
Many Phd institutes do accept a pgdbm [if it is considered equivalent to MBA] for Phd admission.

D102878
December 9th, 2008, 09:54 AM
What after MBA ? India or U.S. Because I think now the problem is that the local economies have also been affected.

madronny
February 6th, 2009, 09:45 PM
I dnt think we need to break our heads so hard on getting jobs after MBA...though there is an ongoing recession but this is not going to stay for long...lets get our knowledge base updated n rest will be all good!!

venkatesh.basi
February 9th, 2009, 01:59 PM
nice question... But I can assure that, if you have well tallented you will definitely get into. Recently I have visited a great site where you can feel cool AngstCorner.com - Angst Punch

kunal.pagdhare@gmail.com
February 9th, 2009, 03:36 PM
i want to become an entrepreneur and want to start my own bussiness

navendusharma
February 9th, 2009, 06:43 PM
the implications of such events can be viewed from a positive perspective. A Company with strong financials and which has made investments in good projects will survive.
Another trend being seen in recession is cost cutting by companies- Laying off of average performing senior management people for the price of many junior heads. That means one senior person is replaced by say 5 junior employees and the company still saves several lacs as senior management personnel used to earn a fat package.

yashpawar
February 12th, 2009, 07:05 PM
Hi u all,

I have completed my MBA and right now working,about market condition,its the worst condition ever faced by india right now.The right option could be further Education in Specialised field and improving ur Skills in those fields OR else go for Small Business Setup ......Best of Luck for the future...!!!!!!

soojeet
February 13th, 2009, 10:38 AM
hi,this is sujit,ist year student IBA,BANGALORE,situation in our college is similar,seniors are finding it hard to get placed,i ttotally agree that rg8 now whatever profile companies are giving take,later on u can switched on to your soecialivation.

manjuachanur
February 13th, 2009, 12:44 PM
who says there's no job? I can always create some :P

devendra
February 13th, 2009, 04:38 PM
i have completed my BMS now should i go for job or for MBA during this recession and financial crisis period

can any one suggest me the appropriate solution or any new ideas or thought over this ???????????

ABHIABHI001
February 14th, 2009, 01:47 PM
Hi Friends,
looking @<hidden> the current market situation its sure that there is going to a big fight in job market. I think its best time for everyone to be competent and sharpen their knowledge to get a job. Despite of this if not able to get a job then one can use all his/her skill to start a new venture.

scintillating69@gmail.com
February 14th, 2009, 02:32 PM
dts true ya...companies r nt taking studennts nymore

asitmanit
February 15th, 2009, 12:41 AM
Dear All,
I am new to this forum,but and a prospective manager who will be graduating from a premier bschool of this country. As far as placements are concerned its a setback for us but we are still managing to keep the flow going. I hope it will give you a some short of confidence that right now the companies are going through more filtration then ever. So put your best in the selection process and its yours.

ed1968
February 15th, 2009, 01:55 AM
situation is very bad. placements are going well but the risk is high in job offers
i think we should look for self employment is the only mean to go further

nirav_forever007
February 15th, 2009, 07:36 PM
neha ur question is wht after mba if no job. if your from good institute with real skilll and knowledge u must get good job

tgkrishnan84
February 16th, 2009, 10:49 AM
hi MPites will you suggest what all MBA students should do after completion of their MBA degree.
the conditon of market is before you ECONOMIC RECESSION and now TERRORIST ATTACK any suggestions from you all.
hi neha....
right time to post this..... thanks for that....
in my college TSM madurai, placements got reduced drastically....
i dont know what to do next?
so i have decided to take risk ie.. im going into the entrepreunerial route.
im going to start a SME initially.

ruhi28
February 18th, 2009, 07:01 PM
well in my college only 20%people got placed this yr. some of my seniors came back as they were laid off(were working at packages ranging from 5-10 lakhs).Even those who are placed,some did not even recieve their offer letters even after 4 months of selection. avg package has laso, reduced to round abt 2.5 but we are still better as we just pay somewhere around 1 lakh for our fees and books.

ruhi28
February 18th, 2009, 07:06 PM
what i learnt 4m people of diff colleges was just the same. in such a scenario i believe the best route is 2 be entreprenuer if u have an idea. ur infra costs will be a bit lower,cost of hiring people will be less, u will be paying less money n u will have lot of experience handling with problems ,so that when situation improves u already r established/know how 2 conduct business better. also, i believe that a job will give u limited growth oppurtunities but for business to expand the whole world is open.

nidhi_rampal
February 18th, 2009, 10:16 PM
Depends on what is your specialisation and what place are you looking to reach 10 years. You dont have to be so disheartened

chinmay_s12
February 18th, 2009, 10:22 PM
people here are talking abt phd,ca cfa,,,some are planning of venturing into business,,,do u think this market will support new busines as of now..the best plan is to get into any good financial profile,get settle for some time and then think abt business...people have forgoten the essential element in business,i.e finance(source of money)...

avinash98.28
February 18th, 2009, 11:05 PM
Do not worry friends as the market conditions are definitely going to improve by the end of the third quarter.So please be patient and buy time by taking up short term value adding courses which would only add to your qualifications

strongforce
February 18th, 2009, 11:11 PM
hey all

haz ne1 dun a market analysis of which service/industry is hiring ?

do that ASAP guys i know for sure about 3 . like energy and matter cannot be destroyed ......it just convers from one form to another ..


just find out what the earlier cold jobs have converted into..hot ones

Strongforce

vinkedar
February 19th, 2009, 08:10 AM
yeah, no company's hiring these days,e ven guys from IIM are finding it difficult to get an internship/job

akashkhetpal_86
February 19th, 2009, 01:06 PM
i think this is all crap that there is no job after MBA, if you just look around you there are many job openings & you can be placed in just a month, if you seriously look for options... yeh the market though has made the selection procedure tuff, but its not impossible to get a job, & lately we hav been taking a lot bout recession but i dont knw how many of you have actually heard the hot dog guy story... ill just tell you bout it...

What is recession?

This Story is about a man who once upon a time was selling Hotdogs by the roadside.
He was illiterate, so he never read newspapers.
He was hard of hearing, so he never listened to the radio.
His eyes were weak, so he never watched television.
But enthusiastically, he sold lots of hotdogs.
He was smart enough to offer some attractive schemes to increase his sales.
His sales and profit went up.
He ordered more a more raw material and buns and use to sale more.
He recruited few more supporting staff to serve more customers.
He started offering home deliveries. Eventually he got himself a bigger and better stove.
As his business was growing, the son, who had recently graduated from College, joined his father.

Then something strange happened.
The son asked, "Dad, aren't you aware of the great recession that is coming our way?"
The father replied, "No, but tell me about it." The son said, "The international situation is terrible.
The domestic situation is even worse. We should be prepared for the coming bad times."
The man thought that since his son had been to college, read the papers, listened to the radio and watched TV.
He ought to know and his advice should not be taken lightly.
So the next day onwards, the father cut down the his raw material order and buns, took down the colourful signboard,
removed all the special schemes he was offering to the customers and was no longer as enthusiastic.
He reduced his staff strength by giving layoffs.
Very soon, fewer and fewer people bothered to stop at his hotdog stand.
And his sales started coming down rapidly, same is the profit.
The father said to his son, "Son, you were right".
"We are in the middle of a recession and crisis. I am glad you warned me ahead of time."

Moral of The Story: It's all in your MIND! And we actually FUEL this recession much more than we think we do!!!!!!!!!!!!

neha archana
March 17th, 2009, 06:59 PM
we talked a lot about this topic someone will suggest what should be our next step because within two months we will be complted our degree. now the biggest question is that what else
when i try to look to my future i get nervous because still it is not obvious so friends please if you have any idea and you wish to share it please......................
:cr-02902:

samiksha_hi
March 18th, 2009, 12:55 PM
the placements are bleak in almost all B-Schools all over India ...the most suitable way out would be starting your own venture or partnership , especially now, with the interest rates being brought down to enhance liquidity in the market . St such a time , those opting for streams such as CA , CS , CWA will definately have an edge because of the fact that these kind of professionals are always needed in every company whatever the economic , financial situation may be ....so , going in for a dual qualification i.e. pursuin a professional degree along with MBA is a good choice .

kauserdabhiya
March 18th, 2009, 02:34 PM
Thanx all for the wonderfull insight which will help me understand where to go from here

vnvaishalli
March 18th, 2009, 03:11 PM
Hey i think its better to study in this period

vijitude
March 18th, 2009, 11:17 PM
Well if u think that u are not among the worst then remain optimistic.......

neha20092009
May 11th, 2009, 11:55 PM
just hold on for a little while....things will get better....till then - best of luck....