IIMC PGPEX placements: so far no good. Atleast it is not impressive to me. One of my friend's friend got placed in Tata International in a purchasing profile with 12 Lakhs PA. For me it does not seem to be a "decent" salary. Also candidates are some what scary about their future.
Pre-MBA, they have some career. Post- MBA, they have some job. That is the situation of today's one year executive MBA in India. Though they have clear aims and aspirations of what industry, what vertical and what role they want to do post MBA, the market situations are not candidate friendly. The glamour of the executive MBA programs holds good till the time the candidates gets a offer and concludes his winning journey with a blog spot titled "ADMITTED in XYZ". The actual journey goes beyond that.
The new job location post-MBA is also not of candidate's choice. I can't imagine shuffling kid's study and wife's comfort zone just because of this. Finally, who drives your career? I think it is not the degree or nor your job profile / experience. It is just the demand from the market drives your career. Nobody gives the job just because the profile of the candidate is god. Jobs are offered only when there is a need, to be selected from the large pool of applications and to the candidate who is ready to compromise on a lower salary. If one can align one's attitude in this direction, job offers will be easier to get.
7-10 years back, the equation Techno managers = Engg degree + MBA degree, was the dominant trend, where is there was no siginificant over lap ( will post in details regarding this difference) and the managers used to function in an isolated finance or some other lucrative job markets, where there was no fluid exchange of knowledge from the two spheres of their domain ( Engg + Business). They used to handle their jobs, with their own natural born talent and sharp aptitude and strong logical knowledge. Thanks to their genes/CAT/GMAT.
As the rationalization trend started in all the fields of engineering and business / management functions, where as "Multiskilling" is the key word, I propose the emergence of new techno manages as shown in the figures:
Also distance MBAs and part time MBAs will be the future of MBA education when compared to one year EMBA, as lot of international colleges have already started emphasizing on such options. Let us watch the trend in India.
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