If statistics are to be believed about 70% of the Engineers and MBAs of the class of 2011 are still looking for a job. Now about a Million kids of 2012 will be added to this pile of ‘Qualified Job Seekers’.
Well most of them will graduate and continue to depend on their parents for Lodging and Boarding. Not that they are to be blamed for what is happening in the economy, but their choice to do an MBA itself was some kind of escapism from the ‘need to look for a job’. This then followed up with attitude:
‘Subra sir…this job which I am being to do…EVEN A BCOM can do said a girl who is now doing clerical work in a bank, but she has been nicely designated Assistant Manager’ .
Here is a summary of what fresh MBAs SHOULD BE CAREFUL about while starting their career:
1. “My learning is over”: sorry kids your education is a great start of your learning, not the end. Life is a long process of learning, so please continue.
2. “This Job is too low”: when you have a student loan (if your dad paid for it, well it is a loan from him) and you have to pay for food and board you cannot be too choosy. The market is cruel, and fresh jobs are not being created everyday.
3. “I have spent Rs. 10 Lakhs on my MBA, SO….”: I got the CV of a kid who spent Rs. 10L on a very highly (over) advertised MBA. His best job offer was for Rs. 1 L p.a. Sorry no IRR calculator will work…but do not be choosy. Choose AFTER you have a job.
4. “My networking is on Facebook” – no comments.
5. “My parents, teachers, etc. cannot help”: wrong. The more the people in a job hunt, the better off you are, so use their help.
well there are many more….we will see them as we go. Do remember if you are graduating from UK or an US university the situation is much worse than this.
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