IIM guys in Lehman are non- entities working as low level analysts in obscure mediocre positions......don't get led by the hype and hoopla surrounding the IIMS, it is the big IIM bluff to con CAT aspirants.....
The big Indian middle class Wall Street dream was at best just a trickle, at worst, it is now over for good!!
As jobs in Wall street banks pick up, associate level and higher positions would go to the hundreds of unemployed guys from Stanford, Harvard, Kellogg and Wharton....jobs at analyst level would be outsourced to India and companies like Infosys BPO, JP Morgan captive BPO, Goldman captive BPO, Irevna would increasingly handle these jobs....
So, IIM grads would have only two choices left...either go for one more US MBA and work in Wall street or work in these high end captive BPOs in Hiranandani street(pun intended)..........
The days of an IIM MBA getting into a Wall Street bank are practically over for atleast 3 more years.....unless the IIMs want to stubbornly believe that they are the cream...cos seriously, in the US, whichever industry you are in, you will always be treated as an inferior second class citizen!!
Why it is in the headline again?? The days of MBA is over, teach indians to work as labour, the productivity will automatically improve, india has had enough of MBAs editing excel sheet & MS power point all day.
Re: much ado about nothing...
by Samir sharma on Sep 16, 2009 10:56 AM
MBA courses MBAs are degrading and will further degrade the quality of engineers and technocrats and ruin the technicals skills in India
is a time when most of the individuals are truly aware of his or her abilities and what he or she need to focus on in future. Given the opportunities available individuals try and shape their careers which is good trend. People are quiting jobs and pursing higher academics. This generation is exploiting its potential.
besides doing these courses there is an inheretant instinct for management which is required.many times just going by book and keep on educating oneself by updating your knowledge does not help.keep in mind that after these courses u are already joining an established company.the real challengr is in the start ups where ones full skills are required to make it established.manu management students are giving up plush jobs for having their own startups which shows their inbuilt confidence and instinct in management.
Re: in built instinct
by mfact on Sep 15, 2009 07:36 PM
Nine persons, convicted for their involvement in 1998 serial blasts here which left 58 people dead, were released on Tuesday following Tamil Nadu government's decision to grant remission to mark the birth centenary celebrations of DMK founder C N Annadurai.
The convicts, members of outlawed Al-Umma, were sentenced to 13 years in jail by a special court for carrying out the blasts during the visit of BJP leader L K Advani for electioneering in 1998, jail authorities said
Mohammed Ibrahim, Abdul Rahim, Abdul Faooq, Abbas, Mohammed Rafeek, Abdul Raub, Ashraff, Bakruddin Ali Ahmed and Shahul Hameed -- were released on Tuesday.
Nineteen bombs went off at different places in Coimbatore, including one at Advani's meeting venue, on February 14, 1998.
The Special Court had sentenced 57 persons for various terms, including life, under various sections of IPC and Explosives Act and Arms Act.
Re: in built instinct
by True Indian on Sep 15, 2009 07:37 PM
They only teaches new ways of telling lies and coverying them Example 1)Merry linch 2)Satyam
Re: Re: in built instinct
by chintan jhunjhunwala on Sep 15, 2009 07:43 PM
that is wht i wanted to convey true indian but did not have the guts.thanks for spelling it out.management skill comes by experience and wearing out ones shoes on the streets and not going on taking courses in plush surroundings and joining already established companies.
This is the difficult situation, when one has to groom his children and discharge his other mandatory obligations , he /she persues higher studies because experiece and senority is not awarded due recognition and placement. We need to realize the fact that an IIM or that matter any Business School pass out does not have any better ability in field than the person working for years in any organization. Thus, it will be prudent and economical to train existing staff for better performance and to place at higher appointments in company . " Ashwani"
Re: Experience is better
by mfact on Sep 15, 2009 07:37 PM
Nine persons, convicted for their involvement in 1998 serial blasts here which left 58 people dead, were released on Tuesday following Tamil Nadu government's decision to grant remission to mark the birth centenary celebrations of DMK founder C N Annadurai.
The convicts, members of outlawed Al-Umma, were sentenced to 13 years in jail by a special court for carrying out the blasts during the visit of BJP leader L K Advani for electioneering in 1998, jail authorities said
Mohammed Ibrahim, Abdul Rahim, Abdul Faooq, Abbas, Mohammed Rafeek, Abdul Raub, Ashraff, Bakruddin Ali Ahmed and Shahul Hameed -- were released on Tuesday.
Nineteen bombs went off at different places in Coimbatore, including one at Advani's meeting venue, on February 14, 1998.
The Special Court had sentenced 57 persons for various terms, including life, under various sections of IPC and Explosives Act and Arms Act.
IF they have not learnt in half of their life they will never learn.Knowledge is in books but to apply in practical world u have to use your brain and experience. Some examples Dhiru bhai ambani Sachin tendulkar Edison and many more
Re: THEY ARE JUST FOOLING AROUND.
by mfact on Sep 15, 2009 07:37 PM
Nine persons, convicted for their involvement in 1998 serial blasts here which left 58 people dead, were released on Tuesday following Tamil Nadu government's decision to grant remission to mark the birth centenary celebrations of DMK founder C N Annadurai.
The convicts, members of outlawed Al-Umma, were sentenced to 13 years in jail by a special court for carrying out the blasts during the visit of BJP leader L K Advani for electioneering in 1998, jail authorities said
Mohammed Ibrahim, Abdul Rahim, Abdul Faooq, Abbas, Mohammed Rafeek, Abdul Raub, Ashraff, Bakruddin Ali Ahmed and Shahul Hameed -- were released on Tuesday.
Nineteen bombs went off at different places in Coimbatore, including one at Advani's meeting venue, on February 14, 1998.
The Special Court had sentenced 57 persons for various terms, including life, under various sections of IPC and Explosives Act and Arms Act.
Re: PGPEX from IIMC Missing
by mfact on Sep 15, 2009 07:37 PM
Nine persons, convicted for their involvement in 1998 serial blasts here which left 58 people dead, were released on Tuesday following Tamil Nadu government's decision to grant remission to mark the birth centenary celebrations of DMK founder C N Annadurai.
The convicts, members of outlawed Al-Umma, were sentenced to 13 years in jail by a special court for carrying out the blasts during the visit of BJP leader L K Advani for electioneering in 1998, jail authorities said
Mohammed Ibrahim, Abdul Rahim, Abdul Faooq, Abbas, Mohammed Rafeek, Abdul Raub, Ashraff, Bakruddin Ali Ahmed and Shahul Hameed -- were released on Tuesday.
Nineteen bombs went off at different places in Coimbatore, including one at Advani's meeting venue, on February 14, 1998.
The Special Court had sentenced 57 persons for various terms, including life, under various sections of IPC and Explosives Act and Arms Act.
Re: Do not forget the Lehman lesson...
by Sujeet Kumar on Sep 15, 2009 06:34 PM
LEHMAN Brothers was being run by passouts from Kellogs and Wharton and many IIM grads. Asli pole khul gayi.If you donot know check details and comment then only please.Truth is IIM and all is only the hoopla created around it. The fact is hardly any large business is run by such management grads.
Re: Do not forget the Lehman lesson...
by ramesh kumar on Sep 15, 2009 06:35 PM
FULLY AGREED. MBAs FROM HARVARD UNIVERSITY, NOBLE PRIZE WINNERS IN ECONOMICS ON THE ROLLS. AROUND 180 BANKS AND INSTITUTIONS EITHER GONE BANKRUPT OR FILED FOR IT IN USA. OUR INDIANS BANIA IS FAR BETTER THAN MBAs!. ps.MYSELF MBA, LLB, BE(MECH), PGDIT, BE IN INDUSTRIAL ENGG-- FROM MY PERSONAL EXPERIENCE.
Re: Re: Do not forget the Lehman lesson...
by balaganesan p on Sep 15, 2009 06:43 PM
Whatever happens is happens...However,You are going to write the blog and they are(IIM's and Harvard) going to lead the company. Isn't not true???. Get into the bus. Its a fast moving world.Don't miss the bus.
Re: Re: Re: Do not forget the Lehman lesson...
by ramesh kumar on Sep 15, 2009 07:17 PM
ALMOST ALL THE RICHEST COMPANIES OF THE WORLD LIKE MICROSOFT, GENERAL MOTORS, RELIANCE, BIRLA, TATAS, MODIS, INFOSYS-------- STARTED AND OWNED BY NON MBAs. THEY EMPLOY MBAs to run the. please name any 10 big companies started by MBAS LIKE MENTIONED ABOVE. YOU LOSE ENTREPRENEURSHIP TO START A NEW VENTURE. MBAs only want jobs at big salary in big companies. no more no less HA HA! MBAs don;t start new ventures. Man start your own company and employ MBAs as naukars to run the company.
