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Indian IIMs loosing charm

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Mental_sachinodu
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Posted on Friday, July 19, 2013 - 04:21 pm:       

inthaki MBA kurrolla valla use vundha ledha
the world of appearances may or may not be real, or both may and may not be real - or may be indescribable; or may be real and indescribable, or unreal and indescribable; or in the end may be read and unreal and indescribable - its all Syadvada
 

Ballasticmissile
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Posted on Friday, July 19, 2013 - 09:24 am:       


Saarang:

Kontha mandhi MBA kurollu ee Networking tonic baage taaggesi MBA ayyaka oka 1 year Networking hadaavidi chaala chestaaru...tarvaatha satikili padipotaaru. Networking should appear to be genuine and be done with a purpose. ee madhya people are selling international schools (like Chirec and Oakridge) for kindergarden kids in the name of networking



ee line arachakam appa navvu mamulga ratalledu....
i am leading a pious life so far so good
 

Dada
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Posted on Friday, July 19, 2013 - 06:25 am:       


Kadapafan:




BTW - eMail chesthaanu anaavu about that firm - I did not get anything.
 

Dada
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Posted on Friday, July 19, 2013 - 06:25 am:       


Kadapafan:

Indian institutions are a sham and shame because everything is counted in terms of salaries.




Absolutely....They are placement houses and everything is based on the Offers.
But now the bubble has burst.
 

Redbull
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Posted on Friday, July 19, 2013 - 04:01 am:       

US kurradu okadu just 22-23 years vuntaadu monna ne JPM vaadu recruit chesukochadu london office ki quant anta...salary 750,000£ antunnaru...vaammo..vaammo
 

Kadapafan
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Posted on Friday, July 19, 2013 - 02:18 am:       

Filmbuff,

Raw talent or 2 years exp is good for jobs in Quant/IB or jobs where you have little team work to do. You learn more from your peers during MBA than from the lectures. The more the diversified and experienced your peers are, the more you learn.

And Networking is not about whom you can connect with, its about what value you can provide to others, there by ensuring them to connect with you as well.

Indian institutions are a sham and shame because everything is counted in terms of salaries.
New_user: CMGR lo edo desabhakti / sandesam unna cinema color ichcharu. Cut chesthe, Jagan image use chesukovadaniki chepa attempt plus skin show.
New_User: Kerchiefs, donga collections lekunda kooda, industry hit ichche hero vachchaka, Chiru ki scene ardham ayyindi, politics loki jump, ki ki ki... .
 

Saarang
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Posted on Friday, July 19, 2013 - 01:44 am:       


Dada:



Are underwriters, fund managers etc technical or non technical in your opinion? :-)




In my opinion, they are technical. But in the discussion below, I am refering to technical people as people that are directly involved in developing the product at Yahoo and Google versus non-technical people that are responsible for sales, finance etc.
 

Dada
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Posted on Friday, July 19, 2013 - 01:38 am:       


Saarang:

Insurance, Banking etc non-technical leaders




Are underwriters, fund managers etc technical or non technical in your opinion? :-)

ekkadaina SUBJECT MATTER EXPERT ki value untundhi.... Longevity untundhi....

How many of the IIM grads coming out in the last 4-5 years want to work as an SME? Even if some of them are willing to, how many are willing to learn from the others on the job???
 

Saarang
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Posted on Friday, July 19, 2013 - 01:33 am:       


Filmbuff:



Adi kooda touch chesanu..i was in one of those companies for a few years. I can tell you that people in sales, BD and M&A etc get paid more than tech guys.




I think you worked at Yahoo. Google ayithe they are not even comparable. Even at Yahoo US, Engineers are paid more and have more job security. I atleast know 100 people that are working/worked at Yahoo.

But I see your point. In a lot of traditional industries like Insurance, Banking etc non-technical leaders can get paid more than technical leaders.
 

Dada
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Posted on Friday, July 19, 2013 - 01:28 am:       


Boston_baba:




and please do not compare my example to the sitation in UK or US - things are different there - research grows out of campus and goes into the Industry, unlike India where research comes into the campus from the Industry
 

Dada
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Posted on Friday, July 19, 2013 - 01:27 am:       


Boston_baba:

main problem ayina faculty ni address cheyali.




nenu MBA college set up chestha....I will pay Rs.30 lakhs pa - SHOW ME one professor in the whole of India, presently working as a professor, who will go through my Interview in Operations Management.

The best faculty come from the Industry - not from the academia.

A techno-functional resource who works in Materials Management division in Maruti / Sony is 1000000 better than a professor with 30 yrs experience when it comes to OM.

Hence MBA and Engg colleges need to be set up in Industrial areas / urban areas.

Medical colleges need to be set up in Rural areas.
 

Boston_baba
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Posted on Friday, July 19, 2013 - 01:22 am:       


Dada:

ippudu Southern students ratio thagginchaali ani



inter marks ni average out chestaru.. IIT entrance lo evadu ekkuva score cheste, vade king... indulo kutra endi sinthakay...

Dada:

for the decision to increase the numberb of IIMs. Even if they are to be increased, they should have been set up in cities like Delhi, Chennai, hyd and Pune (even if these had good MBA colleges)....



govt is responsible for providing opportunities for younger gen. so, intake & college increase is fine. its natural that quality will take beating, which shall be covered over time. main problem ayina faculty ni address cheyali. pay scale increase etc...
ikkada evvadu, IIM MBA hype & salaries ki congress govt credit/blame cheyadam ledu...
Future is not to be predicted.. It is to be created...
 

Filmbuff
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Posted on Friday, July 19, 2013 - 01:20 am:       


Dada:




Vesuko Bharani whistle Icon...
 

Saarang
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Posted on Friday, July 19, 2013 - 01:20 am:       

http://www.glassdoor.com/Salary/Yahoo-Salaries-E5807.htm

Veetilo Marketing Manager, Senior Financial Analyst, Account Manager are the type of roles you are describing.

Compare them to Software Engineer, Technical Yahoo, Scientist salaries.

Program Manager / Product Manager roles are also more technical than not.
 

Filmbuff
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Posted on Friday, July 19, 2013 - 01:19 am:       


Boston_baba:

I think at least 2 years of experience will give a better perspective for many MBA courses than a fresh BTech grad for soft skills.




Agreed.. but anything more than that is a waste...
 

Dada
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Posted on Friday, July 19, 2013 - 01:16 am:       


Boston_baba:




for the decision to increase the numberb of IIMs. Even if they are to be increased, they should have been set up in cities like Delhi, Chennai, hyd and Pune (even if these had good MBA colleges)....
The best faculty comes from the Industry as guest faculty on Sat / Sun and after 7 PM on weekdays.

Indore, Guwahati etc lo ekkadanunchi vasthaaru guest faculty?
asalu MP, Assam laanti state lo IIM endhuku? IIM pedithe industries vacchesthaaya?
Coimbatore would have been a better choice.

ippudu Southern students ratio thagginchaali ani percantile evaru introduce chesaaaru???

appudu hindi hinterland lo IIMs ni establish cheyyali ani evaru decide chesaaru??

hence I am referring to Mr.Kapil Sibal - the great and can only pity his successor Pallam Raju
 

Boston_baba
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Posted on Friday, July 19, 2013 - 01:16 am:       


Saarang:

I think at least 2 years of experience will give a better perspective for many MBA courses than a fresh BTech grad for soft skills.



+1/
Future is not to be predicted.. It is to be created...
 

Filmbuff
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Posted on Friday, July 19, 2013 - 01:15 am:       


Saarang:

In Tech companies like Google and Yahoo, Tech leaders get much more than non-technical leaders.




Adi kooda touch chesanu..i was in one of those companies for a few years. I can tell you that people in sales, BD and M&A etc get paid more than tech guys. Unless you are a recognised champ in your field and a thought leader...alanti vallaki ki inka degrees tho sambandham ledu...they can be college drop outs too
 

Boston_baba
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Posted on Friday, July 19, 2013 - 01:15 am:       


Saarang:

These friendships



ade bajjela bandi frendship. :-)
manchi gated community lo house teesukunna, dorukuddi networking.
Future is not to be predicted.. It is to be created...
 

Saarang
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Posted on Friday, July 19, 2013 - 01:14 am:       


Filmbuff:



Purely because of the good quality input. My point was that overstating of the experience issue leads to taking sub par candidates just because they have put in a decade of experience somewhere. I would rather take raw brilliance anyday, that can be moulded appropriately.




I am not saying more experience the better. I think at least 2 years of experience will give a better perspective for many MBA courses than a fresh BTech grad for soft skills. Finance and Accounting courses laanti courses lo it wont make a difference. After 2 years of experience, you hit diminishing returns to scale.
 

Boston_baba
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Posted on Friday, July 19, 2013 - 01:13 am:       


Filmbuff:



IIM MBA grads, meerannattu, Banking/consultancy lo good pay draw chestunnaru..
kani, analytics/IT/HR fields lo, peddaga scope dorakadam ledu..
5yrs manager + 10yrs AVP/VP ante, i see it as joke. if ur learning is done in 5-10yrs & reaching top posts in no time, that means u can be replaced that much easily with a junior guy.
ade, tech fields lo, good companies lo, 10-15yrs individual contributor and then tech lead, fellow wtc tech ladder undi. it indicates that, u have 15yrs learning curve ahead of u, every one of those 15yrs and beyond adds value to ur resume.
Future is not to be predicted.. It is to be created...
 

Saarang
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Posted on Friday, July 19, 2013 - 01:11 am:       


Filmbuff:



Really :-)

If you are an expert in your technical field, the wage differential is not huge certainly but after a certain point it can become stark...




It depends on the field and companies too. In Tech companies like Google and Yahoo, Tech leaders get much more than non-technical leaders. You can get the SEC filings and compare salaries of Technical leaders and non-technical leaders.
 

Boston_baba
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Posted on Friday, July 19, 2013 - 01:10 am:       


Dada:

We can only pity Mr.Pallam Raju



aaputaraa mee sodi... madyalo raju/sibal enduku vacharu..
IIMs asked for autonomy & they got it... reservations pencharu. both in IIMs/IITs & IISc. comparable grounds fair gane unnayi... its abt tech career Vs MBA career?
since ages, IIM hype Vs reality contrast undi. evadiko 10+yr silicon valley experince vadu, MBA chesi, US/UK banking job vaste, paper headlines avutondi..
oka fresher avg salary endi? vadi career endi ane news eppudaina bayatiki vachaya??
Future is not to be predicted.. It is to be created...
 

Filmbuff
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Posted on Friday, July 19, 2013 - 01:09 am:       


Boston_baba:

r u asking me




Asking?
 

Filmbuff
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Posted on Friday, July 19, 2013 - 01:07 am:       


Saarang:

Is the diffeence due to IIM/ISB or people with better anlytical skills goint to IIM?




Purely because of the good quality input. My point was that overstating of the experience issue leads to taking sub par candidates just because they have put in a decade of experience somewhere. I would rather take raw brilliance anyday, that can be moulded appropriately.

Saarang:

Even before joining IIT, people give interviews stating that they want to do an MBA right after graduation.




These are the crowd which should be discouraged by the IIMs themselves by changing their selection pattern. India needs these engineers, if engineers first don't set up and create industries, why would managers be needed. This is another case where our education system is not in sync with our needs. The IIMs also need to have some kind of larger vision in mind before they take these candidates. My kind of jokers are dime a dozen. IIT'ians need to be preseved more carefully..
 

Saarang
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Posted on Friday, July 19, 2013 - 01:06 am:       


Feelgud:


The connections /network you made is worth than million dollars .. anni money tho choste yela




Career/money kosam kaka pothe...lachalachal feesulu katti, sem ki 7-8 course lu slog chesi, projects chesi, exams raasi network form chesukovala?

Parku lono, DB lono kooda form chesukovaachu. Naaku ippudu maa intiki daggira manchi arugu meedha batch untandhi. Weekends and some times evening manchi time pass/entertainment untundhi. These friendships are priceless too
 

Dada
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Posted on Friday, July 19, 2013 - 01:06 am:       

The India bubble will burst.....due to inefficiency and complacency
The IIM-MBA bubble has already burst....due to a complete mismatch of what is required and what these jokers give

Long Live Mr.Kapil Sibal for successfully screwing up higher professional education in India....

We can only pity Mr.Pallam Raju
 

Boston_baba
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Posted on Friday, July 19, 2013 - 01:03 am:       


Filmbuff:

Really



r u asking me or agreeing with me??
Future is not to be predicted.. It is to be created...
 

Saarang
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Posted on Friday, July 19, 2013 - 12:43 am:       


Filmbuff:

I have seen folks from ISB who are typically US MBA type of profiles with good GMAT scores, years of experience and they pale before the IIM crowd.




Is the diffeence due to IIM/ISB or people with better anlytical skills goint to IIM? I think its the later. In my view, success of institutes like IIMs or IITs or even Ramaiah has more to do with their ability to cherry pick good talent rather than the type of education instilled at these institutions.

I did not go to IIM, so I am only commenting based on what I observed from my friends at IIM. IIT vishayam lo, I can talk from my own perspective. Value addition at IIT is not very good. They take good quality students, so they be generally successful. Most people just sail through it knowing fully well from day 1 that they will not do a job in their core discipline. Even before joining IIT, people give interviews stating that they want to do an MBA right after graduation.
 

Feelgud
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Posted on Friday, July 19, 2013 - 12:36 am:       

hmm .. folks it is about the investment u are putting MBA and salary you get by doing MBA in IIM's..

The connections /network you made is worth than million dollars .. anni money tho choste yela
 

Filmbuff
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Posted on Friday, July 19, 2013 - 12:35 am:       


Saarang:

But I feel this is over-hyped and if this is the only major reason then it is a very expensive way to build network.




True - it is useful to some extent but is overstated. If it was that important, you will not find folks with years of experience out of a job for an year, as i have indicated in my earlier post.
 

Filmbuff
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Posted on Friday, July 19, 2013 - 12:32 am:       

There are various angles to this topic.

a) Firstly the average quality of the batch has taken a beating with the OBC reservation. The batch size had to be double to take the 50% reservation into effect. Earlier IIMs used to get the cream of the cream. Now it takes quite a bit of riff raff. I see it myself - the overall communications skills have come down - both written and oral.

b) Raw talent is lesser nowadays - IITs laga Time/ Career Launcher lanti institutes have made getting into IIMs like a algo. It favours the big city upper middle class crowd unduely.

c) The world has changed completely after 2008 for every industry and every course. IIMs are no exception. The era of cheap credit, easy money and excessively paying jobs is over.

d) Still despite the downturn, the top 3 IIMs (A, B and C) are leagues ahead of any other institute if you want to make a career in general management. Companies do pay, probably unfairly, different pays for graduates from IIMs and other management institutes. I still feel that doing an IIM after your IIT is a waste of your IIT degree, unless you are really going into related fields after your IIM. Otherwise, please don't waste an IIT seat. You can as well do economics or english.

e) The economy has soured so badly, that i know IIMs guys with 10 years experience who took an year to get a job after losing their job. So the market is bad not just for fresh MBAs but everyone in general.

g)

Boston_baba:

most importantly, no sustainable career growth unlike techies.




Really :-)

If you are an expert in your technical field, the wage differential is not huge certainly but after a certain point it can become stark...

h)

Jambalahaart_raja:

India lo MBA entha thopu college lo chesinaa, it's a frog in a well situation. you'd be suitable for markets in india, global exposure as usual takkuva vuntadi.
2. MBA chesthey geesthey International crowd toney cheyaali. micro management nunchi enterprise management daaka awareness vosthundi.




Bullshit, with the same logic many international companies get Harvard or Wharton NRIs to get back to India and they fall badly. In fact, it is easier for Indians to understand and adapt to global environments than a US guy to come and adapt to India. The sheer experience of working in uncertainty that an Indian industry climate will give you is unmatched, US companies and managers, i have seen are quite weak in fast decision making and working with unpredictability.

i)


Saarang:

Indian MBAs are very weak in this aspect. Prior work experience leka pothe, MBA lo leadership gurinchi nerchukunedhi waste.




True to some extent, however experience is overstated. I have seen folks from ISB who are typically US MBA type of profiles with good GMAT scores, years of experience and they pale before the IIM crowd. The difference in quality is glaring. I am sure the Ivy League schools are good, but it is not like the top 100-200 in a batch at Harvard or Wharton get into general management - most of them anyway get into I Banking or consulting where you are basically a great analyst, communicator, but they are undemanding of your leadership or management skills.

Furthermore, your first point - that leadership can be taught - has itself seen tomes of academic literature both for and against.
 

Saint
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Posted on Friday, July 19, 2013 - 12:19 am:       

I agree with most of the posts. but MBA sakkaga chesi, MBA tyfe thinking develop ithe ekkadikoo eltharu

I know some folks who reached executive level...ade oka tech side nunchi aa range kellali ante effatiki elthadu? MBA anedhi oka art...evadu padithe aadu nerchukunte vachedi kaadu....

chala comfanies lo Sr VP range lo vunnaru manollu chala mandi
 

Saarang
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Posted on Friday, July 19, 2013 - 12:17 am:       


Jambalahaart_raja:

The very core basic reason for anybody to pursue an MBA, is NETWORKING.




I agree this is the most common way reason people give to do an MBA. There is some value to Networking because you are more likely to run into high-calibre people at good school. But I feel this is over-hyped and if this is the only major reason then it is a very expensive way to build network.

Network anedhi mana school friends, inter friends, BTech friends, company colleagues, social gatherings, professional conferences ela ayina form cheyyochu. MBA is obviosuly the most expensive way to form a network. Migaatha networking avenues ni manam chaala under-utilize chestaamu. Kontha mandhi MBA kurollu ee Networking tonic baage taaggesi MBA ayyaka oka 1 year Networking hadaavidi chaala chestaaru...tarvaatha satikili padipotaaru. Networking should appear to be genuine and be done with a purpose. ee madhya people are selling international schools (like Chirec and Oakridge) for kindergarden kids in the name of networking
 

Saarang
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Posted on Friday, July 19, 2013 - 12:08 am:       


Boston_baba:

kani, small success stories vinaledu..




US lo ayithe chaala chosaanu smaller tech success stories...India lo ayina tech lo I am sure chaalane undi untayi. Mostly they will get acquired. Naa opinion lo risk taking is also mostly an inherent quality not something that be taught. MBA lo networking will help. Again Networking anedhi MBAs chaala hype chestaaru, but there is some benefit from MBA networking.
 

Saarang
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Posted on Friday, July 19, 2013 - 12:04 am:       


Jambalahaart_raja:

Ivy Leagues lo MBAs chesi sivaraakhariki DBAs gaa settle ayinollani janaalni chooyisthaa..




Nenu eppudu choodaledhu...can you post some linkedin profiles.
 

Boston_baba
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Posted on Friday, July 19, 2013 - 12:02 am:       


Jambalahaart_raja:

ast ki hourly contracting jaabs!!!



we r talking abt careers also annai... hrly contract jobs ki, career untundi antara???
Future is not to be predicted.. It is to be created...
 

Boston_baba
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Posted on Friday, July 19, 2013 - 12:00 am:       


Saarang:

Entreprenuership vishayam lo kooda i think Techies do better. For most start-ups these days, you defintely need a solid technical guy and somebody to sell the idea. The most succesfully corporations in the last 30 years (think Google, Microsoft, Facebook) etc were started by Techies.




here u referred to problem also. it seems, in tech world, its either 0 or 1. google/flipkart/redbus etc.. kani, small success stories vinaledu..
kani, MBA grad, based on risk taking and capabilites, will be rewarded proportionately.
i see small success stories like exceed/diagnostic centres etc...
Future is not to be predicted.. It is to be created...
 

Jambalahaart_raja
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Posted on Thursday, July 18, 2013 - 11:59 pm:       


Boston_baba:

average IIT techie & IIM mba grad



average gaa choosthey real picture alaane vuntadi... big and heavy degrees, last ki hourly contracting jaabs!!!
"Best lesson for life - Keep Calm and deal with it, one day at a time!!!" - Charles Peckham Charlie Day, It's always Sunny in Philadelphia.
 

Boston_baba
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Posted on Thursday, July 18, 2013 - 11:56 pm:       


Jambalahaart_raja:

Ivy Leagues lo MBAs chesi sivaraakhariki DBAs gaa settle ayinollani janaalni chooyisthaa.. same IIT, BITS bachelors pass-outs



again, outliers kadu annai.. average career of average IIT techie & IIM mba grad, be it initial salary, long term growth & going to next level?
Future is not to be predicted.. It is to be created...
 

Saarang
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Posted on Thursday, July 18, 2013 - 11:53 pm:       


Boston_baba:


MBA became costly affair anywhere in the world & returns completely depend on ur risk-taking abilities by venturing into new things & not doing job.




Entreprenuership vishayam lo kooda i think Techies do better. For most start-ups these days, you defintely need a solid technical guy and somebody to sell the idea. The most succesfully corporations in the last 30 years (think Google, Microsoft, Facebook) etc were started by Techies. Once the products potential is demonstrated, you can always hire people to market the product and Managers to run the company. I don't think Marketing is something that can be really taught in class-rooms. So ee vishayam lo kooda MBA does not do much.

My point is too many people are doing MBA for the wrong reasons. Ideally, MBA should only be pursued by fewer people who want to polish their soft skills. Not everybody is suited for leadership roles.
 

Jambalahaart_raja
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Posted on Thursday, July 18, 2013 - 11:53 pm:       

Topic in discussion is not salaries, but jobs and placements overall..

1. India lo MBA entha thopu college lo chesinaa, it's a frog in a well situation. you'd be suitable for markets in india, global exposure as usual takkuva vuntadi.
2. MBA chesthey geesthey International crowd toney cheyaali. micro management nunchi enterprise management daaka awareness vosthundi.
3. The very core basic reason for anybody to pursue an MBA, is NETWORKING. Longevity, possibly with diversity in building a career is the motive. Expense and ROI follow immediately.

Honest gaa cheppaali ante, pedda techies ani manam cheppukuntaam kaani, manalo sagam mandiki padi percent koodaa technology poorthigaa raadu, ardham kaadu, basics level loney awareness wrong vuntadi.

Bottomline, fees katti classroom lo koorchoni oka 1 to 2 years oka PG degree pursue chesinanduku reward is catapulting the career by about 5 years. antha kante andulo pedda life-changing advantage emi vundadu. Ivy Leagues lo MBAs chesi sivaraakhariki DBAs gaa settle ayinollani janaalni chooyisthaa.. same IIT, BITS bachelors pass-outs.
"Best lesson for life - Keep Calm and deal with it, one day at a time!!!" - Charles Peckham Charlie Day, It's always Sunny in Philadelphia.
 

Boston_baba
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Posted on Thursday, July 18, 2013 - 11:46 pm:       


Ballasticmissile:

nakunna shochk yentante 1lakhs/year fee anta ante total 22 lakhs for 2 yrs ....ee 22 lakhs petti IIM kosam malli training teesukuni year waste etc chesukuni inni kastal pade badulu....
15-20 lakhs petti MS cheste ee IIM sal kante yekkuve vastadi ga strating ye ..




MBA became costly affair anywhere in the world & returns completely depend on ur risk-taking abilities by venturing into new things & not doing job.
Future is not to be predicted.. It is to be created...
 

Saarang
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Posted on Thursday, July 18, 2013 - 11:46 pm:       

MBA in Indian has generally become a commodity where people blindly pursue it like you go to 10th class after 9th class. For a lot of people, MBA does not enhance skills. So, hype taggipoyaka naturally MBAs ki demand taggutundhi.

I see two types of career paths for MBAs:
1 Investment Banking and Management Consulting type of careers. Indian MBAs generally do fine in these fields. I will post about this later.
2) General Management type of careers where you are expected to lead people. Indian MBAs are very weak in this aspect. Prior work experience leka pothe, MBA lo leadership gurinchi nerchukunedhi waste. Companies will only need so many "Managers". Adhi kooda somebody will rarely become a good manager or leader just because they studied MBA.

Comparing to techies: Techies have a very tangilbe skill which industries will always need. So, demand for techies will be more sustainable.
 

Ballasticmissile
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Posted on Thursday, July 18, 2013 - 11:45 pm:       


Boston_baba:

Techies



i am leading a pious life so far so good
 

Ballasticmissile
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Posted on Thursday, July 18, 2013 - 11:43 pm:       

nakunna shochk yentante 1lakhs/year fee anta ante total 22 lakhs for 2 yrs ....ee 22 lakhs petti IIM kosam malli training teesukuni year waste etc chesukuni inni kastal pade badulu....
15-20 lakhs petti MS cheste ee IIM sal kante yekkuve vastadi ga strating ye ..
i am leading a pious life so far so good
 

Saarang
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Posted on Thursday, July 18, 2013 - 11:36 pm:       

Nenu IIM placements recent years lo follow avvatam ledhu but generally median salary is the best metric if you have to do a comparison. Basic stats: Highest salaries will have outliers and averages can be skewed by outliers.

IIM lo lot of variance in salaries comes from 2 factors:
1) Abroad placements: Mana vallu chaala sarlu UK investment banking placements ni Indian rupees lo cheptaaru which is not a fair comparison
2) Number of years of prior work experience chaala effect chestundhi. A candidate with 4-5 years prior experience will generally get a higher salary compared to a fresh BTech+MBA candidate.
 

Ballasticmissile
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Posted on Thursday, July 18, 2013 - 11:23 pm:       


Boston_baba:

i'm refering to ece+cse grads alone. its definitely more than 9-10L.



ayi undocchu nenu mottam total cheppa....ece specific ga teleedu....
i am leading a pious life so far so good
 

Boston_baba
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Posted on Thursday, July 18, 2013 - 11:17 pm:       


Ballasticmissile:

avg sal 7-8



i'm refering to ece+cse grads alone. its definitely more than 9-10L.
Future is not to be predicted.. It is to be created...
 

Boston_baba
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Posted on Thursday, July 18, 2013 - 11:16 pm:       


Ballasticmissile:

highest



idi, always depends on individual profiles and scenarios.

Ballasticmissile:

avg sal 7-8 undi iit kanpur lo mari..



in general, its gross/basic.
ade IIM salaries CTC antaru.. veriable pay ekkuva undi. may be 10-12L minchi undademo. very low hikes after that.
most importantly, no sustainable career growth unlike techies.
its always debate of generalists Vs specialists.
Future is not to be predicted.. It is to be created...
 

Ballasticmissile
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Posted on Thursday, July 18, 2013 - 11:14 pm:       


Boston_baba:



iim lo last yr highest 34lks ye anta anduke highes comparing....avg sal 7-8 undi iit kanpur lo mari.....
i am leading a pious life so far so good
 

Boston_baba
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Posted on Thursday, July 18, 2013 - 11:08 pm:       


Ballasticmissile:

iit madras/bombay vadiki vacchina offer 40lakhs/annum in placements ....b.tech grad ki 40 lakhs aa ani shock nenu..




u r again misleading the topic.. im refering avg salaries of IIM & IIT-Mtech, comparing since both are PG courses & students choose b/w two.
40L anedi, evado oka gem candidate ki petrolium company edo okati offer chesi untadi.. in general, cheppu.
Future is not to be predicted.. It is to be created...
 

Ballasticmissile
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Posted on Thursday, July 18, 2013 - 11:05 pm:       


Boston_baba:

IIM MBA salary is almost same as average IIT Mtech grad



2011 lo maa friend iit madras/bombay vadiki vacchina offer 40lakhs/annum in placements ....b.tech grad ki 40 lakhs aa ani shock nenu....
i am leading a pious life so far so good
 

Boston_baba
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Posted on Thursday, July 18, 2013 - 10:54 pm:       

Calling filmbuff/sarang and others for valuable comments.
Not even now, even during 2000-2008 time also, hype masked the reality about IIMs.
average IIM MBA salary is almost same as average IIT Mtech grad (ECE+CSE etc) salary & Techies tend to have more sustainable, long term career and growth as well, compared to their MBA counterparts.
Future is not to be predicted.. It is to be created...
 

Ballasticmissile
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Posted on Thursday, July 18, 2013 - 10:06 pm:       

B Mahesh Sarma, Careers360
In the din about the slackening of IIM placements, the worrying issue of quality of jobs is being ignored....

In the middle of March we received an e-mail from an anonymous student from the IIM-Lucknow.

Within 24 hours we got an e-mail from the same id which blandly informed us that the previous e-mail was not authentic.

When we enquired informally, the contents of the email did have some resonance with the students.

So we reached out to the dean–placements with specific queries.

We received a response which just said that the placement season is not yet over.

Other IIMs fare no better

In the last few days, the scenario has repeated in most other IIMs, barring probably the IIM-A, and IIM-C.

Rest of them have willy-nilly conceded that there is a slowdown in the economy and hence the sluggish placements.

Some like the IIM-Calcutta have blamed the increase in intake (it raised its intake from 350 to 462) as a reason.

Some other observers comment that the location of the some of the new IIMs are not exactly conducive to corporations for placements.

Reduction in the perceived value of an IIM PGDM is another reasons cited.

But none of these arguments seems to even address the core concern in the student's e-mail, which is the decreasing quality of placements that are offered to students at the IIMs.

http://www.rediff.com/getahead/slide-show/slide-show-1-caree r-facts-about-iim-placements/20130504.htm#2

after 2008 rescission IIMs previous charm ni kolpoyay antunnaru....mba ki deand kuda slow ga taggutondi......

technical field lo specilization ki trying than mba many students this year....
indications??
i am leading a pious life so far so good

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