No point doing MBA now. Very difficult to find jobs. True???


withdreams

http://www.pagalguy.com/forum/international-indian-mba-schools-accepting/36903-placement-scenario-foreign-schools-2008-a.html

chk out!!!!

http://www.pagalguy.com/forum/international-indian-mba-schools-accepting/36903-placement-scenario-foreign-schools-2008-a.html

chk out!!!!

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withdreams

People post your ideas about job market after checking out the link.

People post your ideas about job market after checking out the link.
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waiwai

This is a classic case of misleading others.
-- First of all the link provided is very old, the discussion on the thread started on jan-2009 and the last discussion was in aug-2009. Many things have changed since then. Moreover I do not believe most of whats discussed there.
-- Secondly, the job scenario depends on sector to sector, and varies person to person. It also depends on the personal profile as well. I know a few (non-EU) friends who have immigrated to the UK and got jobs in the IT sector recently, and that too without an MBA. So jobs are there.
-- Finally, the worth of an MBA should not be gauged solely by the job you get. You must think beyond that. Its a long term investment and is going to help you in the long run.

This is a classic case of misleading others.
-- First of all the link provided is very old, the discussion on the thread started on jan-2009 and the last discussion was in aug-2009. Many things have changed since then. Moreover I do not believe most of whats discussed there.
-- Secondly, the job scenario depends on sector to sector, and varies person to person. It also depends on the personal profile as well. I know a few (non-EU) friends who have immigrated to the UK and got jobs in the IT sector recently, and that too without an MBA. So jobs are there.
-- Finally, the worth of an MBA should not be gauged solely by the job you get. You must think beyond that. Its a long term investment and is going to help you in the long run.

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withdreams

Thanks for replying Waiwai. I am not misleading people.I am just sharing whatever I see and hear. It's up to the individual to analyze things. Moreover Waiwai you said that its a thread discussed between Jan-Aug 2009.I know that before posting it. Can you just check the economic data of Uk and major EU countries and check the difference between 2009 and 2010. Then you will understand whether things are changed or not. Do know about lots of stringent economic policies,protectionist measures and immigration things which is going to be in act in the coming years. Moreover regarding sectors,It's the dream of most MBA students to get into the high paying top notch IB,Consultant jobs (Financial sector).So no point speaking about IT here.I agree that MBA may help you in long run.But MBA is not the way to a hefty pay pack as in the past.Few people prefer MBA just because they need a high paying job. Finally if you are unique and extremely talented and has the ability to take calculated risks you can get what you want from the MBA.Be it jobs or whatever. So people try to be on top while doing your MBA.

Thanks for replying Waiwai. I am not misleading people.I am just sharing whatever I see and hear. It's up to the individual to analyze things. Moreover Waiwai you said that its a thread discussed between Jan-Aug 2009.I know that before posting it. Can you just check the economic data of Uk and major EU countries and check the difference between 2009 and 2010. Then you will understand whether things are changed or not. Do know about lots of stringent economic policies,protectionist measures and immigration things which is going to be in act in the coming years. Moreover regarding sectors,It's the dream of most MBA students to get into the high paying top notch IB,Consultant jobs (Financial sector).So no point speaking about IT here.I agree that MBA may help you in long run.But MBA is not the way to a hefty pay pack as in the past.Few people prefer MBA just because they need a high paying job. Finally if you are unique and extremely talented and has the ability to take calculated risks you can get what you want from the MBA.Be it jobs or whatever. So people try to be on top while doing your MBA.
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waiwai

>> "Moreover regarding sectors,It's the dream of most MBA students to get into the high paying top notch IB,Consultant jobs (Financial sector)"

If the only aim of doing an MBA is to get a hefty package immediately , then may be this is not the right time. But again, this will depend on individual to individual.

>> "Moreover regarding sectors,It's the dream of most MBA students to get into the high paying top notch IB,Consultant jobs (Financial sector)"

If the only aim of doing an MBA is to get a hefty package immediately , then may be this is not the right time. But again, this will depend on individual to individual.
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withdreams

That's what I said too.All the best Waiwai. Can I know the Universities you applied and your profile if poss?.

That's what I said too.All the best Waiwai. Can I know the Universities you applied and your profile if poss?.
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waiwai

I was replying as per the subject that you have put in this post
"No point doing MBA now. Very difficult to find jobs."

Looking at the subject, it indeed feels as if there is no point in doing an MBA. While the reality is different.

Good, that we agree now. Otherwise, I would have thought my opinion was invalid.

My profile : 6 years in IT, non-EU, Applied to Manchester/JBS and did not get through. Looking at MSc mgmt courses now.

I was replying as per the subject that you have put in this post
"No point doing MBA now. Very difficult to find jobs."

Looking at the subject, it indeed feels as if there is no point in doing an MBA. While the reality is different.

Good, that we agree now. Otherwise, I would have thought my opinion was invalid.

My profile : 6 years in IT, non-EU, Applied to Manchester/JBS and did not get through. Looking at MSc mgmt courses now.
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SabrinaA

Can you just check the economic data of Uk and major EU countries and check the difference between 2009 and 2010. Then you will understand whether things are changed or not.


What data did you check to understand? IMF or Bank of England's? And what statistical method did you use to understand the micro & macro economic factors?

Do know about lots of stringent economic policies,protectionist measures and immigration things which is going to be in act in the coming years.


Tell us how the Labour party's immigration policy going to affect the international students? UK goes to vote soon, should we anticipate some rules aligning with EU Parliament's ambitious immigration policy?

Moreover regarding sectors,It's the dream of most MBA students to get into the high paying top notch IB,Consultant jobs (Financial sector).So no point speaking about IT here.I agree that MBA may help you in long run.But MBA is not the way to a hefty pay pack as in the past.Few people prefer MBA just because they need a high paying job.


Which part of IB are you talking about buying side or the selling side? If an IT guy does CFA why shouldn't he get into asset management?


Do you at all know what you are talking about? Your post is kind of misleading though your intention might not be. Avoid saying something which you don't know...see this link: http://www.ft.com/cms/s/0/b2e66232-31ab-11df-9ef5-00144feabdc0.html

<blockquote>Can you just check the economic data of Uk and major EU countries and check the difference between 2009 and 2010. Then you will understand whether things are changed or not. </blockquote>

What data did you check to understand? IMF or Bank of England's? And what statistical method did you use to understand the micro & macro economic factors?

<blockquote>Do know about lots of stringent economic policies,protectionist measures and immigration things which is going to be in act in the coming years. </blockquote>

Tell us how the Labour party's immigration policy going to affect the international students? UK goes to vote soon, should we anticipate some rules aligning with EU Parliament's ambitious immigration policy?

<blockquote>Moreover regarding sectors,It's the dream of most MBA students to get into the high paying top notch IB,Consultant jobs (Financial sector).So no point speaking about IT here.I agree that MBA may help you in long run.But MBA is not the way to a hefty pay pack as in the past.Few people prefer MBA just because they need a high paying job. </blockquote>

Which part of IB are you talking about buying side or the selling side? If an IT guy does CFA why shouldn't he get into asset management?


Do you at all know what you are talking about? Your post is kind of misleading though your intention might not be. Avoid saying something which you don't know...see this link: http://www.ft.com/cms/s/0/b2e66232-31ab-11df-9ef5-00144feabdc0.html



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withdreams

First of all sorry for replying late Nes. Hardware failure in my lap.Just now checked your post. As of now I will tell you about economy.
1.Check out Morgan Stanley's report which is thinking about downgrading UK from AAA status.
2.Huge trade deficit/budget deficit and debt problems
3.Chances of huge sell off in Uk government bonds.
4.Falling consumer confidence (Check out ABI's report)
5.Deflation risks and toxic assets in banks ( IMF report)
6.Political uncertainty triggering Credit default swap spreads (Check out IMF financial stability report in Jan 2010 I think)

Well I can even tell lots other than the things mentioned above.I don't have time to type all that.

I don't remember the exact proverb which conveys the meaning Even when all the economists are assembled in a room they will not end up with a conclusion which is accepted by everyone in that room.

Same IMF which told that UK economy will face the worst of recession when all economies starts recovering said before few months that UK will recover slowly but it will take lots of time.Now IMF says Financial system is sorta stabilised.Now its all about exit and fiscal deficit. It's going to be difficult for UK.I will finish off this economy topic here.

@Nes: Ya drop in unemployment figures was unexpected. Anyway a good news. Moreover there is no need for me to speak something which I don't know or never heard about.Avoid saying something like this.

@ find-mba members: This post is not to mislead anyone in this forum. Its just sharing of information about the situation right now. I just want to tell that everyone should prepare themselves to face even the worst. Try to be on top.Develop as much knowledge as you can, Improve your profile as much as can while doing your MBA.Then you can face the worst easily,if it still remains there and succeed in your dreams (getting a job or whatever). All the best people.

First of all sorry for replying late Nes. Hardware failure in my lap.Just now checked your post. As of now I will tell you about economy.
1.Check out Morgan Stanley's report which is thinking about downgrading UK from AAA status.
2.Huge trade deficit/budget deficit and debt problems
3.Chances of huge sell off in Uk government bonds.
4.Falling consumer confidence (Check out ABI's report)
5.Deflation risks and toxic assets in banks ( IMF report)
6.Political uncertainty triggering Credit default swap spreads (Check out IMF financial stability report in Jan 2010 I think)

Well I can even tell lots other than the things mentioned above.I don't have time to type all that.

I don't remember the exact proverb which conveys the meaning Even when all the economists are assembled in a room they will not end up with a conclusion which is accepted by everyone in that room.

Same IMF which told that UK economy will face the worst of recession when all economies starts recovering said before few months that UK will recover slowly but it will take lots of time.Now IMF says Financial system is sorta stabilised.Now its all about exit and fiscal deficit. It's going to be difficult for UK.I will finish off this economy topic here.

@Nes: Ya drop in unemployment figures was unexpected. Anyway a good news. Moreover there is no need for me to speak something which I don't know or never heard about.Avoid saying something like this.

@ find-mba members: This post is not to mislead anyone in this forum. Its just sharing of information about the situation right now. I just want to tell that everyone should prepare themselves to face even the worst. Try to be on top.Develop as much knowledge as you can, Improve your profile as much as can while doing your MBA.Then you can face the worst easily,if it still remains there and succeed in your dreams (getting a job or whatever). All the best people.
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Well, the situation is actually slightly better now. According to a recent survey, 9 out of 10 management graduates have found a job before they graduate in 2010, which is a little more than last year.

Well, the situation is actually slightly better now. According to a recent survey, 9 out of 10 management graduates have found a job before they graduate in 2010, which is a little more than last year.
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