what is your take on Placemenst 2008. will it repeat the performance of 2007 or might revive the nightmare of 2001 - 2002 times.

hi
i think the boom time is comong to and end . banking sector in trouble. stock market gone.
tuff days ahead. so many colleged of mba ths days

I wudnt agree wid it in the larger context (atleast for this year). I do agree that thrz a slowdown in the IT sector and the financial mkts r going down but MBA still holds a lot of potential n dis yr too we have seen a rise in the pckages. Maybe v r coming to a stage of consolidation but this yr is not the yr wen v shud b worried at all. I feel 2011 will be like 2001 n it has a few more yrs 2 go.Till den v can party...:icon_cheers:

Hi,

It largely depends on which sectors and which functions and which countries you are looking at. For e.g., if you are thinking to join investment banking in Europe or America after your MBA, it would be extremely challenging this year and the next. (UBS in Switzerland has freezed their employment for investment banking since Jan 08; credit suisse in Europe is reducing their available positions; and Citibank is limiting their employment vacancies in America as well). Many banks in Europe are also thinking (or in the process) of outsourcing their operation functions to lower cost countries such as Eastern Europe, India or China.

Using a parallel thinking skills, you will then realize that if you are looking for a job in the operations (such as back office support, banking & finance, private banking) in India, then you may actually have a higher chance than before.

Kind regards,
Thomas

Building your careers in the Asia market

hello everybody can sumbody temme how about hr stream in this recesision time and wat could beter done to make a better place in the market at this point of time?

average b schools like icfai,welingkar who charged 8 lacs andmade people fools r able to place 30% students in recession. they r exposed..

in icfai just 300 /900 placedand at salariesof just3lacs...

:Sign Sorry: