Tuesday, January 18, 2011

MBA Placements – Clinch your dream job

You've had two years of rigorous exposure to the MBA grind - assignments, projects, festivals, training and the whole gamut. But the real test for every MBA student is during the placement season. It is that time of the year when young men and women, clad in formals, wait outside for a company visiting the college campus, revising their much-rehearsed answers to anticipated questions and hoping that it is their D day.

With the placement scenario increasingly governed by unspoken alliances between companies and colleges, the freedom of a student to pick a company from a basket of choices could be under threat, say experts. Many people say that the lack of transparency on the part of college managements to unhealthy tie-ups with companies that leave students with little choice.

The latent contracts and invisible ties between management authorities of private colleges and HR professionals of companies result in companies dictating terms to the college. “Since colleges are responsible only till the students are placed, companies with their rigorous training, their demand, posting and transfer mechanisms make sure that the people who do not perform are removed whenever necessary,” says a HR placement consultant. 

For students, these tie-ups and placements largely determine a college's worth.

While companies maintain that they insist on the first slot only to get the best out of all, colleges say that it has become mandatory to show 100 per cent placement as it is good for their branding.

But the question remains what is the reality behind this 100 per cent placement? Is it just to show it on papers or do these MBA colleges really want to build your career??

Moreover the quality of placement should be not to look for the package but for the role offered. There are many criteria’s which determine the quality of placements – brand and culture of the firm, profile offered and lastly the compensation. There are different sectors in which a student wants to pursue his/her career like technology, FMCG, Media, Pharmacy and many more.

Many colleges make arrangements so as to segregate the diverse sectors and the respective students who have interest in that field.

Thus the bottom line for MBA students is that they should look it as a long term investment which will be paid off in the coming years. Your first job will always be questioned on the work you have done and not for the package and brand you have worked with. So follow your interest and passion to build a successful career. IMT provides you an opportunity to grow with them by offering world class placements.

Friday, January 7, 2011

The Age of Information

The Information Age, also commonly known as the Computer Age or Information Era, is an idea that the current age will be characterized by the ability of individuals to transfer information freely, and to have instant access to knowledge that would have been difficult or impossible to find previously. The idea is linked to the concept of a Digital Age or Digital Revolution.

Impact of information age on education sector 

Nowadays the role of IT, especially internet, in the education sector plays an important role, especially in the process of empowering the technology into the educational activities. Internet on the other side can be the most effective way to increase the student’s knowledge. The IT has been developing very rapidly nowadays. Therefore, in order to balance it, the whole educational system should be reformed and integrated into educational activities. The influence of IT cannot be ignored in our student’s lives. So, the learning activities should be reoriented and reformulated, from the manual source centered to the open source ones.

Impact of information age on corporate world

The growth in corporate use of the Internet and its usage for accessing marketing information highlight the increasing importance of the Internet as a commercial infrastructure. Today the Internet provides the largest common interactive data communications infrastructure in the world. It also provides wide access to content and a platform for information dissemination to users. In the near future this infrastructure will advance to provide real-time multimedia capabilities. The business use of these capabilities and the emerging infrastructure will dramatically alter business practice and competition.

Conclusion

The Internet offers a set of technological tools that presents both opportunities and challenges for developing countries. The benefits of this age is directly related to how investments in IT are influenced and supported by regulatory frameworks that promote innovation, access and use. Moreover developing countries should undertake to invest in the necessary macroeconomic policies that will facilitate an environment where the domestic population is able to adapt to the existence of the Internet.