It's that time of the year again, when 400 odd ambitious and smart youngsters (some oldies too) look forward to receive their graduation certificate (though a dummy one) and toss their Hats in unison.
Lots of people have been asking me about how ISB Class of 2009 has fared in placements and I think last weeks newspapers covered it clearly and adequately. This batch, only after the founding batch has faced problems with placements, thanks to financial melt down and the bearish outlook. But according to me, this is best starting for a long and successful career, a career that is built on one's real capabilities and "Reality" and not on someone's bullish exuberance.
Campus recruitment is a market place in which it is the Employers (buyers)who should be desperate to get a right person for their organization but I don't think it is a place where a student targets a company or two and gets into them. I am not complaining about what happened to our batch last year but then I wouldn't have complained with what happened this year too.
By the time FT reaches this batch for its annual rankings after 3 years, I would bet that this batch would be atleast as good as other batches if not better. I wish each one of the Class of 2009 batch a great success in the year ahead. I hope that Class of 2010, which would be getting started sometime next week, keeps this in mind and doesn't focus on placements but rather focus on building capabilities to handle tough situations.
Feeling good that I have been able to finally finish this post. See you all shortly
Showing posts with label ISB Placements 2009. Show all posts
Showing posts with label ISB Placements 2009. Show all posts
Saturday, April 4, 2009
Tuesday, January 27, 2009
ISB ranked 15th by FT
ISB has proved that it is no one-day wonder by climbing up in the latest FT rankings to 15th position from last year's 20th. Check out FT Rankings 2009.
I'm sure all the ISBians are greatly elated. While none of the ranking mechanisms can fully capture the picture completely, it can act as a proxy. This would surely attract more number of international students adding to the diversity at ISB.
India surely needs more schools such as ISB considering the Human Resources and the demographic dividend that we boast of. We seem to be moving in two extremes - on one side we have countless number of colleges that offer MBA's or the equivalent there are only few colleges that produce MBA's who count. Either the existing colleges tighten the belt and start treating MBA as a course not similar to MCA or some other course or let new colleges that understand the essence of MBA be set up.
The over focus we have on the result that too the short-term puts too much stress on the system. Even though ISB or the other top colleges give no assurance of placements, I can safely claim that more than 80-90% of applicants believe that admission to ISB means a salary 20% more than the average (interesting statistic, isn't it).
We need more and more entrepreneurs and I hope the system becomes a facilitator rather than being the enormous hindrance, which is what it is now. To get into a job, you need no license but to get into a business, you need 101 clearances and to acquire them you have to graft the officials. Lots of energy gets drowned in overcoming the system. It is further more funny to see the politicians claiming the achievements of private sector as their despite the fact that the private sector not only has to earn and ROE but also to pay for the grafts.
This time placements at ISB would be a different game compared to last year and I hope that the challenging times would bring out some bright entrepreneurial diamonds. Good luck Co 09
I'm sure all the ISBians are greatly elated. While none of the ranking mechanisms can fully capture the picture completely, it can act as a proxy. This would surely attract more number of international students adding to the diversity at ISB.
India surely needs more schools such as ISB considering the Human Resources and the demographic dividend that we boast of. We seem to be moving in two extremes - on one side we have countless number of colleges that offer MBA's or the equivalent there are only few colleges that produce MBA's who count. Either the existing colleges tighten the belt and start treating MBA as a course not similar to MCA or some other course or let new colleges that understand the essence of MBA be set up.
The over focus we have on the result that too the short-term puts too much stress on the system. Even though ISB or the other top colleges give no assurance of placements, I can safely claim that more than 80-90% of applicants believe that admission to ISB means a salary 20% more than the average (interesting statistic, isn't it).
We need more and more entrepreneurs and I hope the system becomes a facilitator rather than being the enormous hindrance, which is what it is now. To get into a job, you need no license but to get into a business, you need 101 clearances and to acquire them you have to graft the officials. Lots of energy gets drowned in overcoming the system. It is further more funny to see the politicians claiming the achievements of private sector as their despite the fact that the private sector not only has to earn and ROE but also to pay for the grafts.
This time placements at ISB would be a different game compared to last year and I hope that the challenging times would bring out some bright entrepreneurial diamonds. Good luck Co 09
Tuesday, December 23, 2008
Handling difficult times - 2
Though I am continuing the series, I have decided not to force myself to maintain any continuity, which means you can expect these posts to be random and readers will have to make the connection.
One very important skill necessary to handle difficult times is planning. We are experts in corporate planning and very easily make assumptions about different variables but when it comes to planning in personal life, we act in a completely different way.
We don't want to take any risk in personal life and can only visualize a straight path almost all the time. There is no contingency planning, which means even a small unforeseen event can throw us into a negative spiral. Instead if we assess the bottom of a downfall (even the stock market can't go negative) and then be prepared for it, I think the shock will be minimal and we can fight the negative spiral.
Like in corporate planning, we need to make assumptions in our personal life and should weight the probability of different outcomes and come up with the expected outcome. If we are either too optimistic or too pessimistic, then we are in for some kind of trouble.
That's all for today. Meanwhile I am back in Delhi after a whirlwind sleepless four day trip to Hyderabad. I have done some very interesting things during this trip apart from meeting my classmates at Solstice 2008 that included giving a treat to my friends by getting them all together for the first time.
One very important skill necessary to handle difficult times is planning. We are experts in corporate planning and very easily make assumptions about different variables but when it comes to planning in personal life, we act in a completely different way.
We don't want to take any risk in personal life and can only visualize a straight path almost all the time. There is no contingency planning, which means even a small unforeseen event can throw us into a negative spiral. Instead if we assess the bottom of a downfall (even the stock market can't go negative) and then be prepared for it, I think the shock will be minimal and we can fight the negative spiral.
Like in corporate planning, we need to make assumptions in our personal life and should weight the probability of different outcomes and come up with the expected outcome. If we are either too optimistic or too pessimistic, then we are in for some kind of trouble.
That's all for today. Meanwhile I am back in Delhi after a whirlwind sleepless four day trip to Hyderabad. I have done some very interesting things during this trip apart from meeting my classmates at Solstice 2008 that included giving a treat to my friends by getting them all together for the first time.
Saturday, December 13, 2008
Handling difficult times - 1
It was not the best of times when I was looking out for a job for the first time in 1994. I was searching for a technical job and all the job openings were in sales. I never thought twice as my objective was simple - start earning before the 100 bucks I got from my grandfather exhausted. I took up a Jr. Sales Officer job at a start up that was to publish a telugu socio-political magazine by name "Sravanthi." I had no chance to think about "how my job was related to what I studied" neither did I mull over "what's in that job that I enjoy." I just needed to get started and I did. From then my career took so many twists and turns, some driven by me and some driven by situations, in fact I never thought about going back to college till 2006 (which is 11 years after I started working).
These surely are difficult times and it is more probable that even at the top B-schools, one may not be in a position to choose but one would be in a situation to be chosen by someone. However there is no need to despair, one would not be in a position to influence the situation at all times; you will have to accept the fact and the situation and act accordingly.
This is not the end of this post, I am going to discuss how I handled difficult times and hope that the readers would benefit from this.
These surely are difficult times and it is more probable that even at the top B-schools, one may not be in a position to choose but one would be in a situation to be chosen by someone. However there is no need to despair, one would not be in a position to influence the situation at all times; you will have to accept the fact and the situation and act accordingly.
This is not the end of this post, I am going to discuss how I handled difficult times and hope that the readers would benefit from this.
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