hi Rashmi, I want to thank you for all the articles. They are just very good to read and helped me getting into 'PERSENT' to many things. Thanks & Regards, Abhinav Mehta
yeah absoloutely correct we do have the mentality at looking only at highs,but while pursuing ne course or programme one shud be ready to see both sides of the coin,it doesn't matter if you passout from IIM'S or Ne mba college ,the process knowledge in a particular company is wat matters for future henceforth
I m sure the IIM Grads have worked hard enough for this. Also, when the same happens to sporstmen all around the world in Draft picks does anyone care then.
Your article makes interesting reading, but its always demand & supply which governs the pricing, be it the IIM topper commodity. Since, IIM toppers are few, and companies competing are more, all this offer of high salaries is going on. We are yet to read that a top salary offered really made a success story in real business situation in subsequent years.But one thing is certain, the top salary offered becomes rich in just 2-3 years, so he gets paid for the hard work put in. I fully agree that this kind of jackpot offers are only for few (may be a dozen every year) & I also know a few chaps from IIM (our relations even) who are struggling to get even the average salary level of that batch after 5 years of passing out. kiran
Boss, Its not a jackpot, for the one who is offered such a salary is worth much more to the MNCs or else they wouldn't offer it. In fact the competition for the top spot is not between all the jack & jills joining IIM-A. Its only between at-most ten or so, which are really in for it. So its all hard work and if one thinks practically about him, he himself will know whether he is in the catrace. So in my earnest opinion, your article can misguide budding managers from competing and working hard for it. Regards, Indian Critic
Similarly, insurance professionals such as Associates should also be recognised as these people are proned to work with insurance companies unlike other professionals. They take a great risk in underwring risks and settle claims.
Rashmi: As another former IIMA grad, i think these things correct themselves eventually. The first job out of campus placements does not always define your career. For instance, i know of people who gave up their dollar jobs after a couple of years and went back to marketing jobs (even NGOs) in india. Others from my batch have given up wall street jobs to do PhDs. Most decisions on campus are made in the absence of perfect information. Money is the most transparent benchmark for deciding, if you dont know what you are getting into. But people learn that its not the best benchmark for everyone, once they see the real world. In any case, no need to fix the system. I-schols (the toppers) arent creative people in any case, so no harm in them going to banking/consulting.. :)
I dint really get wht the writer of this column was trying to say ? Yes there are always exceptions to every rule ..and this person had been extra ordinarily brilliant to get tht offer. but do we really need an essay like this to just say that it is not an achievement possible for everyone .. If some one is getting inspired reading abt this news ..I think thtz it .. It is more abt the India coming into the limelight and whole world turning to Indians and talented people in India. Please let us see the positive side of it ..