Thursday, March 23, 2006

Is management for money really true?

A recent article really opened my eyes! Read Rashmi Bansal's article omn rediff.
http://ia.rediff.com/getahead/2006/mar/22rashmi.htm?q=sp&file=.htm
The question is does management really mean lots of money? Like the statistics show? Well i feel there is really something big misssing which the people don't think about!
Quoting the author "As more students with prior work experience started joining the IIMs, it reflected in the salaries and positions being offered. This year's 'top dog' at IIM-Ahmedabad is an IPS officer of the 1988 batch who is joining the RPG group as a CEO, at a compensation of Rs 34 lakhs.
Similarly, Gaurav 'Rs 84 lakhs' Agarwal, is 29 and has an IIT degree, an MS from Berkeley and two years of work experience in the US.Given that the average starting salary for MBAs on Wall Street is $ 100,000 and expected to rise to $300,000 in five years, his $ 193,000 is justified by his past profile. And his future value to the company."
Well so that's where it come to! gaurav didn't get anything which he didn't deserve! And barring a few foregn salaries the average salary will come down to something like 7-8 lakhs for IIM A,B and C ! And much less for others! Let's still take the average salary as 7 lakh!
Now the standard of people that go into the top 10 (-A,B,C) colleges surely are no fools and most of them are engineers from reputed engineering colleges! Considering that the average software salary from good engg colleges are now near 4 lpa, with 2 years experience and suitable changes of job, it can be easily made to 7 lpa
by the end of 2 years!
This thought was passed on to me by Anuradha who desperately wanted to do an MBA but then being in oracle for 2 years, it really didn't become beneficial for her to go anything below A,B and C unless it was management and not anything else she dreamt since the day she was born !
So what is the big deal if it is only about money? And what people say, rise becomes faster, is also doubtful. With the work culture that big MNC's like Intel, NI are bringing to India, you have equal renumeration for technical as well as management profiles.

My conclusion therefore is go for MBA not for money's sake but if you are realy interested in!
But ya, i agree that the above logic may not hold good for those who start off with core manufacturing companies! But then who asks you to go to them if it is money u r interested in?

Monday, March 06, 2006

My latest Hollywood crush!!


Kiera Knightley!
How absolutely stunningly beautiful she is!
and to add to it, she is the heroine of my all time favourite novel. Pride n Prejudice!

I regret that she didn't win the oscars, nor was it expected but i bet she would have won if they had for the best red carpet appearance!

A heavy mistake

I had done a grave mistake in the past of commenting on other people. Well my blog should not have any comments on a person to which i am not connected to directly! Yes i can surely have some view on topics but then putting them on my blog was wrong! If i wanted to pen down my views, i could have written it down and kept it unpublished too!
Feeling really bad for losing control over myself ! After all, i have been praising myself lately for giving a patient hear or a polite walkout for the discussions which are not to my taste!

Thursday, March 02, 2006

Zaraa hatke`

This post is too soon! But I am astonished by the amount of feelings a sharp comment could generate!
My last post had 11 comments after 1 hour of it's launch!
Well this is what happens when you do things zaraa hatke!
But this zaraa hatke` was going to cost us very heavily once!
Us here is me and my friend vikram! It was in the undergrad college (NITK) and it was the election time! The results were announced and it seemed that Sonia Gandhi was all set to become the prime minister of India!
As expected in college, maximum of the youth were anti Sonia! , anti congress for that matter!

But as usual, we had to do something zaraa hatke`. We started talking about how good it will be that such a beautiful woman will be the prime minister of India! It means that finally woman power has shown it's true colours! now parliament will look good with a record number of women elected!! etc etc ....... and all possible things without really meaning any of it!

Thank god, not many people heard us, but whoever did, ran away 20 miles from us! :)

But it was loads of fun!
And i understood a really vital lesson in my life! People are very prejudiced! half of the thing that we believe are imposed upon us! And we revere them without really thinking about them!
But it is very important that we understand things very clearly and then develop our own view!