FOR EVERY 15 ENGINEER THERE IS ONLY 1 ITI PASSOUT ... WHAT A PITY .. THERE IS COMPLETE SHORTAGE IN WORK FORCE FOR GROUND JOB WORKERS LIKE SKILLED PLUMBER , SPECIALTY WELDER , CONTAINER DRIVER , CRANE OPERATOR .... WE DO NOT UNSKILLED , BOOKISH , CLERICAL ENGINEERS .. THERE IS URGENT NEED FOR GOOD QUALITY ITI PASS OUTS WHO CAN SERVE SOCIETY FOR BASIC GROUND WORK ... FOR
Re: FOR EVERY 15 ENGINEER THERE IS ONLY 1 ITI PASSOUT
by Safe Systems on Oct 06, 2010 02:58 PM
I agree with you in Toto. Every graduate engineer wish to join big MNC or Co. in white color job Very few wish to enter into production or say shop floor jobs. Recently BHEL for its entire site contracting jobs have started appointing Diploma holder due to hvery high attritions in B.tech boys.
India is going to face lot of problems in manufacturing sector where no body wish to work on shop floors.
IIPM remains the best. As per Global Management Practices Review Magazine: Rankings: Top Ten Indian B Schools: IIPM,ISB, IIMA, IIM B, IIM C, XLRI, FMS, JBIMS,IIM K,IIM L. Cheers to Management Guru Arindam Choudhury.
Re: Re: IIPM remains the best.
by joy ghosh on Oct 06, 2010 02:37 PM
Mr.Chudhuri is minting money from IIPM and reinvesting them in movie making and in his other business.Great Going Mr.Chaudhuri.What an educationist is doing in mumbai tinsel world?
Re: Re: IIPM remains the best.
by Sujit Maharana on Oct 06, 2010 02:43 PM
I second your opinion. I am not sure, how can he manage to fool people continiously by bringing bollywood stars.
Re: IIPM remains the best.
by birumanand balasubramaniam on Oct 06, 2010 03:08 PM
Mr. Choudhury is a good management expert. It is evident on how he boosts his ROI on the other hand making a dent on the quality of education, MBA Grads. MBA's are not book worms, in the words of "Russell L. Ackoff" - If you give a toy to a kid and observe closely. The kid will dismantle the toy, will understand how each part works and try to put it back into shape to gain the full potential (this is where the kid requires parent's help). This is what top B school intend to follow. They try to teach you different elements of business and it is up to the candidate to group all elements to succeed in the business. IIM's, ISB and tier 1 B-schools in India should never be compared with IIPM, if you are doing so then you are degrading the value of tier 1 business schools. So please "axemanaxeman" - do not repeat this mistake, ever in your life time. I have worked with IIPM grad's and IIM grad's, and I have experienced the difference. If you have studied marketing then you must be aware of 4P's. Link the 4P's to what IIPM's offers. It ain't surprising to see the outcome.
Re: Re: IIPM remains the best.
by Subhash Arora on Oct 06, 2010 04:15 PM
Agreed. The MBA students are drawing the salary not better than any other bor c grade business school.How people can get fool out of media propaganda
India produces 150,000 Mba's annually. While in comparison USA produces 100000 and Europe 75000. But their economy is approximately 9 times the economy of India. The students of The B and C class MBA Schools get the salary of Rs. 8000 PM to 25000 PM.This is the hard fact of life.
Re: Excessive Supply of MBA's in India
by prashant pednekar on Oct 06, 2010 02:59 PM
Because that is what they deserve. You cannot get more than you deserve. If they deserved more they would be passing out from the premier institutes.
MBA is a business.IIMs got publicity because of Media.
IIMs professors get a salary of merely Rs. 25000 -30000 p.m. How can their graduates get such a huge sum of salary as projected through dailies or Media. Even Majority of IIMs, XLRIs, SPJAINs finally end up failure in corporate life and they are mostly seen working as Coaching faculty paving a road for another breed of foolish thickish head. Not to talk about other B-School grads . Most of them talk non-sense and use jargon in language to show their knowledge and falter on knowledge or basic sense front.
It is a game plan started by Industrialist who wanted to have readymade people for their specific industry. For e.g For Petrochemical Indus
Is there any course (like Premier MBAs) that can finance it self and break even? I think none. This is partly possible only when the premier educational institutions undertake high quality consulting, research and such other business activities in addition to teaching. Then also break even could be met only half way. The other avenue is contributions from industry. Including this also break even can not be met to any satisfactory level. The way forward could be: Royalty based model. Royalty model could be like tax methodology (Progressive – Year on year; Declining – Year on year; Proportionate so on and so forth). Also it is like stock market/Units NPV etc. Based on standards provided by the industry/market value of the MBAs coming out of management schools, royalty corrections could be derived / arrived at or computed. Management education and institutions shall have a graded system. It is also foolish to expect that all MBA schools shall be equally best. The royalty would fix by itself based on market. In no case best of the best institutions shall not be allowed to work out its fee structure for the MBA course on profitability or break even model. ROI for student to decide on joining MBA of a particular management school is ridiculous.
Re: Rashmi Bansal: The MBA Gold Rush is over
by TheBestMan InAll on Oct 06, 2010 12:12 PM
You are basically Saying that the Students education must be Subsidized by the Faculty thru this Sweat and Blood Doing Consultancy and Research Projects ?!!!!
The Author is speaking about the ROI of the Student. Not the Institution.
Re: Re: Rashmi Bansal: The MBA Gold Rush is over
by sathyam guda on Oct 06, 2010 12:20 PM
Yes the author is talking about ROI for the student. Institutions shall not design their fees structure on the basis of institutions' break even/ROI/profitability/etc. This will lead to a student ending up ROI for the fee he /she pays and his choice of managemnt education will be ROI and it is pitable. Yes Faculty would need to sweat. But the institutional model has to be designed so that consultancy/research etc work of faculty will not make faculty sweat blood and also does not dilute the faculty's core areas that is pedagogy.
But after MBA I dont think they will be doing MPhilBA or PhDBA till they become CEOs of companies including fortune 500 companies the average annual salary of whose CEOs is presently Rs.47 Crores except that of SBI which is market lowest of Rs.26 lacs only.
But the negative part of these hugh fees will be that if the would be future Bill Gates from India may not be able to pay the fees as his parents may not be able to afford the EMIs which they have to pay if their child does not land a high paying job in the present market.
