The Career Advice Thread

Hurrycane12 · 17th July 2008, 18:22

Amtak:
Agree with you; Salaries for HR chaps been support staff is not as great as the line managers on project

Phamilyman:
The costing given by me is as is for this year. I too work for a large Indian IT corporate and agree that 2 Lakhs is way above the average most companies take as a bank guarantee as written earlier. I agree with your points which you have factored and am with you if a company is trying to exploit and charge un-necessarily; but all organisations are not alike.

Large Corporates started the funda as resources started moving out immediately after training they have to put stops and checks else they will be treated as training grounds only.

sammyboy · 17th July 2008, 18:33

Update guys : Just checked the Satyam offer letter. They are asking for a 2l bank guarantee PLUS 5k per month till the time you are with them in both cases , u leave or the company terminated.
This is BIG time robbery and just not acceptable.

vivekiny2k · 17th July 2008, 18:34

Quote:

Originally Posted by Samurai

Syntel option can be explored, but they are basically a body shopping company.

I think that's a good thing.

Hurrycane12 · 17th July 2008, 18:55

drop the Satyam offer its not worth it

sumeethaldankar · 17th July 2008, 19:03

Go in for job if u can get it and do a part time MBA.I have a friend who works and has completed his MBA part time (3 year's course) from wellingkar inistitue.Be prepared for utter hardwork though because it's going to be very hectic.

vasudeva · 17th July 2008, 19:25

The benefits of MBA extend longterm and are higher if done from a premier school. How is Apeejay.

sammyboy · 17th July 2008, 19:29

Not a premier institute for sure. I am considering asking her to hang on n wait for a job while preparing for a better school . She can easily get into a much better school than this for sure. Makes sense if she has to drop a year? Apeejay will be there next year too but so will be her chance for something better.

amtak · 17th July 2008, 20:04

Quote:

Originally Posted by sumeethaldankar

Go in for job if u can get it and do a part time MBA.I have a friend who works and has completed his MBA part time (3 year's course) from wellingkar inistitue.Be prepared for utter hardwork though because it's going to be very hectic.

That is very true. I didn't get into a relationship after I enrolled for the MBA as I knew that I wont be able to give time to my gal over weekends. Even another Bhpian (Maverick) is doing a part time MBA like me. WElingkar's is daily, so i K J Somaiya. I am at N L Dalmia and it is over the weekends. So technically speaking, I don't have time at all for self.

amtak · 17th July 2008, 20:08

Quote:

Originally Posted by sammyboy

Not a premier institute for sure. I am considering asking her to hang on n wait for a job while preparing for a better school . She can easily get into a much better school than this for sure. Makes sense if she has to drop a year? Apeejay will be there next year too but so will be her chance for something better.

In that case why don't you ask her to enroll herself to IMS or something of that sort. She can prepare for IIM's then?

MODS: Can you help me merging both the posts? I somehow goofed up somewhere! Sorry!

sammyboy · 17th July 2008, 20:10

I guess thats the only option left. Will ask her to join career launcher or some institute, will wait for an offer meanwhile.if she gets it will join n prepare together..if no jobs in market she can prepare and get into a better b school.

greenhorn · 17th July 2008, 20:26

sammy , what kind of %iles is your sister capable of ? and any reservations ?

sammyboy · 17th July 2008, 20:31

well i dont really know bro, this is the only one she appeared for and this came up 4 days before the entrance exam so never prepared really. Wasnt actually planing to go for an MBA till this happened and the market started going for a slump.
She is good at quants,english and logic. Needs to work on DI and general knowledge needs BIG time improvement. Needs to practice a lot to get up to speed though but funda's are good.
reservations ? sorry couldnt understand that

greenhorn · 17th July 2008, 20:33

well, try out the time AIMCATS. they will give you an idea of where you stand. If you want into the IIM's , you should be able to get 95+ %iles consistently.
Also, OBC and other quota based reservations will help you get in, and so will being a girl

sammyboy · 17th July 2008, 20:35

lol oh that reservation

unfortunate poor general category here man..no luck
Will ask her to try that . Thanks man.

akshat · 18th July 2008, 11:29

There was a time when you could wake me up in the middle of the night and ask me this question and I would have given a 5 minute monolouge on the pros and cons of the Job or MBA options ( Used to teach English at a CAT coaching institute and was a counselor too ).

Coming back to the topic, frankly speaking this is a good time to do an MBA. The markets are in a slump so 2 years of working might not lead to a great appreciation in terms of income. Then again as many have said MBA is more about peer connections and brand image, so its better to go for a premier institute but, before investing a year in hope for IIMs I would suggest a realistic evaluation of where she actually stands. Also I would like to add that being on bench would acually be a good option right now. She would get plenty of time to study and actually get paid for it too

. As to not getting any practical work experience when you are on bench, that would come into picture when you are actually facing the interview. For getting a call all what one needs is the number of months in the work experience coloumn and if one is smart they can justify the bench time during the interview.

In a nutshell my suggestion is to take a job, preferably a bench one

and give a sincere shot to CAT.

17th July 2008, 18:22	#76
Hurrycane12 BHPian Join Date: Oct 2007 Location: Puttur Posts: 459 Thanked: 56 Times View My Garage	Amtak: Agree with you; Salaries for HR chaps been support staff is not as great as the line managers on project Phamilyman: The costing given by me is as is for this year. I too work for a large Indian IT corporate and agree that 2 Lakhs is way above the average most companies take as a bank guarantee as written earlier. I agree with your points which you have factored and am with you if a company is trying to exploit and charge un-necessarily; but all organisations are not alike. Large Corporates started the funda as resources started moving out immediately after training they have to put stops and checks else they will be treated as training grounds only.
	() Thanks

17th July 2008, 18:33	#77
sammyboy Senior - BHPian Join Date: Jul 2006 Location: Ggn/Dehradun Posts: 1,842 Thanked: 521 Times View My Garage	Update guys : Just checked the Satyam offer letter. They are asking for a 2l bank guarantee PLUS 5k per month till the time you are with them in both cases , u leave or the company terminated. This is BIG time robbery and just not acceptable.
	() Thanks

17th July 2008, 18:55	#79
Hurrycane12 BHPian Join Date: Oct 2007 Location: Puttur Posts: 459 Thanked: 56 Times View My Garage	drop the Satyam offer its not worth it
	() Thanks

17th July 2008, 19:03	#80
sumeethaldankar Senior - BHPian Join Date: May 2007 Location: Mumbai Posts: 3,937 Thanked: 3,318 Times View My Garage	Go in for job if u can get it and do a part time MBA.I have a friend who works and has completed his MBA part time (3 year's course) from wellingkar inistitue.Be prepared for utter hardwork though because it's going to be very hectic.
	() Thanks

17th July 2008, 19:25	#81
vasudeva Senior - BHPian Join Date: Mar 2007 Location: Delhi Posts: 2,221 Thanked: 212 Times	The benefits of MBA extend longterm and are higher if done from a premier school. How is Apeejay.
	() Thanks

17th July 2008, 19:29	#82
sammyboy Senior - BHPian Join Date: Jul 2006 Location: Ggn/Dehradun Posts: 1,842 Thanked: 521 Times View My Garage	Not a premier institute for sure. I am considering asking her to hang on n wait for a job while preparing for a better school . She can easily get into a much better school than this for sure. Makes sense if she has to drop a year? Apeejay will be there next year too but so will be her chance for something better.
	() Thanks

17th July 2008, 20:10	#85
sammyboy Senior - BHPian Join Date: Jul 2006 Location: Ggn/Dehradun Posts: 1,842 Thanked: 521 Times View My Garage	I guess thats the only option left. Will ask her to join career launcher or some institute, will wait for an offer meanwhile.if she gets it will join n prepare together..if no jobs in market she can prepare and get into a better b school.
	() Thanks

17th July 2008, 20:26	#86
greenhorn Senior - BHPian Join Date: Apr 2007 Location: KL-01 Posts: 7,745 Thanked: 4,399 Times View My Garage	sammy , what kind of %iles is your sister capable of ? and any reservations ?
	() Thanks

17th July 2008, 20:31	#87
sammyboy Senior - BHPian Join Date: Jul 2006 Location: Ggn/Dehradun Posts: 1,842 Thanked: 521 Times View My Garage	well i dont really know bro, this is the only one she appeared for and this came up 4 days before the entrance exam so never prepared really. Wasnt actually planing to go for an MBA till this happened and the market started going for a slump. She is good at quants,english and logic. Needs to work on DI and general knowledge needs BIG time improvement. Needs to practice a lot to get up to speed though but funda's are good. reservations ? sorry couldnt understand that Last edited by sammyboy : 17th July 2008 at 20:32.
	() Thanks

17th July 2008, 20:33	#88
greenhorn Senior - BHPian Join Date: Apr 2007 Location: KL-01 Posts: 7,745 Thanked: 4,399 Times View My Garage	well, try out the time AIMCATS. they will give you an idea of where you stand. If you want into the IIM's , you should be able to get 95+ %iles consistently. Also, OBC and other quota based reservations will help you get in, and so will being a girl
	() Thanks

17th July 2008, 20:35	#89
sammyboy Senior - BHPian Join Date: Jul 2006 Location: Ggn/Dehradun Posts: 1,842 Thanked: 521 Times View My Garage	lol oh that reservation unfortunate poor general category here man..no luck Will ask her to try that . Thanks man.
	() Thanks

18th July 2008, 11:29	#90
akshat BHPian Join Date: Jun 2007 Location: Indore Posts: 69 Thanked: 19 Times	There was a time when you could wake me up in the middle of the night and ask me this question and I would have given a 5 minute monolouge on the pros and cons of the Job or MBA options ( Used to teach English at a CAT coaching institute and was a counselor too ). Coming back to the topic, frankly speaking this is a good time to do an MBA. The markets are in a slump so 2 years of working might not lead to a great appreciation in terms of income. Then again as many have said MBA is more about peer connections and brand image, so its better to go for a premier institute but, before investing a year in hope for IIMs I would suggest a realistic evaluation of where she actually stands. Also I would like to add that being on bench would acually be a good option right now. She would get plenty of time to study and actually get paid for it too . As to not getting any practical work experience when you are on bench, that would come into picture when you are actually facing the interview. For getting a call all what one needs is the number of months in the work experience coloumn and if one is smart they can justify the bench time during the interview. In a nutshell my suggestion is to take a job, preferably a bench one and give a sincere shot to CAT. Last edited by akshat : 18th July 2008 at 11:34.
	() Thanks