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A placement guide on how to bag the best of Salary Packages

Whether it’s about graduation or post-graduation, there’s always a tremendous amount of anxiety and excitement among the students when it comes to the important turn of placement. Placements generally start in the third semester of MBA and may continue for the entire second year. However, to be successful in acquiring the perfect job with high salary, one needs to be extremely cautious, patient, and skillful not only in one’s core subject area but also analytically and logically.

In the upcoming sections of this article, we will be considering the various factors which are important with respect to placement and must be especially given due consideration if you are aiming for the highest of salary packages.

Company Portfolio Survey

As a first step, it is always better to do some prior research on the organizations visiting the campus during the placement drives, and also the current market trend on the job opportunities presented. Moreover, knowledge of the company’s market reputation, financial position, and the upcoming projects’ status will help you stay ahead among the other candidates, as you’ll be more confident in front of the panel. Further, the eligibility criteria, recruitment procedure, and other such parameters should also be researched thoroughly.

Goal Driven Preparation

As soon as the placement time starts, see to it that you revise all the subjects from the previous semesters, which students, otherwise, easily tend to forget. The reason being that the basics are covered in the initial semesters for all the subjects, which are actually very crucial for fundamentals as well as interviews. Adding to this, one or two subjects should be marked as favorite and you should have a strong hold on them.

High Aptitude and Analytical Skills

The very first round of the recruitment process for most companies is aptitude test which is as important as the interview but is not taken seriously enough by the candidates. More than 60% students are rejected after the first round, so keep practicing hard and prepare well for this particular section. Some of the common topics or subjects covered under the aptitude section in the test are quantitative, logical reasoning, data interpretation, etc. Apart from aptitude, the analytical skills are also mandatory to be polished since they are required for reasoning in group discussions and interviews.

Strong Communication Skills

The communication skills are required in almost each and every aspect of life. Whether it’s the viva-voce conducted at different phases of student life, placement related discussions, interviews, or any other day in one’s social and professional sphere, strong communication skills are necessarily required. To gain an upper hand in the job interviews and to draw the best of pay packages available, it’s surely an important parameter to be considered.

The communication skills are important to express yourself effectively and show confidence in your work. It may so happen that even after knowing the answer, one may not be able to efficiently express because of poor communication skills. With respect to recruitment, strong communication is the most important factor required to clear the group discussion round where you need to speak up and emphasize on your points, and also at a later stage, where you are supposed to give to-the-point answers for interview questions.

Attentive and Logical Interview

Once the requisite steps of the recruitment process have been cleared, the last stage is the personal interview. This round is particularly conducted by the employer to assess whether the candidate is suitable for the position offered by the organization or not. To successfully crack this round, it is important that the candidate maintains high levels of confidence and patience, and keep a calm and composed mindset.

If any hint of over or under confidence, anxiety, and hesitation is caught by the panel, the candidate may get rejected straight away, no matter how skilled he/she is. This round also requires strong observation and quick learning skills since you’ll be expected to give some instant yet clever answers.

In other words, you have to be very attentive while sitting in front of the recruiter during an interview and should always answer with logical reasoning and data points (if possible). In addition to this, you must be very vigilant about how to answer the questions with respect to the job profile and organization standards.

Portray Your Best Self

Throughout the placement process, keep in mind that you have to portray the best side of yourself. This includes showing best of your manners, etiquettes, professional attire, and not to forget, punctuality.

It is very important to dress up like a professional and behave like one when attending the group discussion and interview rounds since it will be your first impression on the selection panel. In addition to this, never be late to reach the venue of the test, discussion or interview. It would be better to reach before time, so as to avoid any last-minute hassle, gasping, and unnecessary confusions. This would also help you to keep calm and confident which is considered to be a big plus during the selection process.

No doubt, subject knowledge, skill set, and competency are the prime factors that are essential from a recruiter’s perspective. However, the aspects mentioned above do play a vital role when it comes to bagging the best of salary packages. Thus, even if you have not remained a topper in your MBA class, remember to get hold of the aforementioned factors, which will not only help you impress the recruiter, but would also enable you to draw the finest remuneration offers.

 

The magic lies in the PGPM Program at GIBS

The UGC recognized GIBS (Global Institute of Business Studies) has carved a distinctive place with its much sought after MBA program in Bangalore. Among the thousands of MBA institutes and colleges in India, one often wonders what the exception is at this institution. The answer lies in the unique interactive and participatory teaching-learning environment that allows for authentic learning to take place. The industry leaders of tomorrow are created here. Rather than classroom study alone, a challenging mix of academics along with presentations and discussions, industry visits, role plays and simulation tasks take place.

Post Graduate Program in Management

MBA is no ordinary academic dream! After graduation in any discipline, preferably in keeping with the MBA specialization, sufficient work experience is needed. Qualifying examinations have to be passed before MBA becomes a reality. The best students obtain fabulous job placements at the end of the course.

MBA is a fully residential two-year program that incorporates all the essential learning, skills and professionalism towards business management. The postgraduate program in management is additionally offered to all the MBA trainees. The aim of the autonomous PGPM is to refine business skills and create efficient business-ready managers honed with all the requisite skills.

Just like the MBA, PGPM offers specializations too. While Finance Management may be highly preferred in the present days, Marketing, Health Care, and Human Resources management are also very important in industry. Supply Chain, International Business, and Information Technology Management are other options, all of them sure winners in the global industry race!

The Continuous Evaluation System at GIBS

Regarding the theory and practical papers for individual subjects, as much as 75% weight is attached to continuous evaluation. This strategy ensures that students are constantly busy with study activities. Periodic testing takes place throughout the semester. Only 25% weight is given to semester examinations.

The Value-Added Programs in PGPM

Like the icing on the cake, the PGPM extends, refines and consolidates what is taught in MBA. Value Added Programs like the Campus to Corporate Program with a duration of 500 hours with 10 credits. The Project Management Training Program comprises 40 hours and 6 credits. The SAP training program is similar to 40 hours and 6 credits. Six Sigma Training consists of 40 hours’ duration and 6 credits. Life Skills and Innovation Programs last 20 hours with 4 credits. Microsoft and Google training is meant for 4 credits.

Internships and Guest lectures

Getting adjusted to the real needs of the industry out there beyond the campus walls can be quite a trial. At GIBS, internships that may last a few weeks with corporate partners reveal the world different from the textbooks. That is where the future managers would work, not in the simulated virtual surroundings, but in brick and mortar factories and company offices. It is surely a wake-up call, though the trainees gained work experience earlier after graduation too. This time, it certainly works at a higher level.

Additionally, interaction during guest lectures helps to get tuned with real industry requirements. Besides the highly-qualified faculty who may possess plenty of industry experience, the frequent guest lecturers highlight future needs. By sharing their own experiences, an imagined world of a working future is easily understood.

The guest lecturers are often the celebrities and industry leaders who have shaped the corporate philosophy. Those invaluable experiences play an important role in inspiring students towards towering roles in management in taking up challenging roles.

The semester-wise training programs for PGPM

Semester 1

Along with the Orientation and Foundation Program, the Google and Microsoft training are administered for 4 credits. The Campus to Corporate Program for 140 hours comprises of 3 credits. Industrial visits are held along with seminars and workshops. A self-defence training is given.

Semester 2

With a duration of 30 hours, Life Skills and Innovation Program brings 4 credits. Project Management Training Classes have a duration of 40 hours for 6 credits. Campus to Corporate Training has a duration of 120 hours for 3 credits. Industry visits continue, along with CSR activities and sports activities besides faculty development and workshops. Outings include a trip to Art of Living.

Semester 3

Six Sigma Training has 40 hours duration for 2 credits. The Microsoft and Google training is worth 6 credits. Campus to Corporate continues for 120 hours and 2 credits. Besides routine activities in each semester, a student of the year is selected and an optional foreign tour is included. Mumbai Dabbawallas hold a session. Placement activities are held along with CEO/HR talks.

Semester 4

C2C and SAP programs continue. Indoor and outdoor sports and CSR activities are held. Industry experts hold career counseling sessions. Placement activities, job fairs, and the recruitment process take place.

Personal attention to students

In the final analysis, it is the recognition of individual differences at GIBS that makes a difference to student achievement. Though the students are all work-experienced graduates, each is different and require individual attention to develop personality, skills, attitudes and abilities. According to researched methods, students are grouped in three levels in view of their communication skills and maturity levels, motivation and learning ability, etc.

Diverse abilities and learning styles result in developing the personality and managerial skills. A confidence boost is often required. A healthy competitive spirit is required for skills and abilities to improve to desired levels.

Assignments, live projects, and case study

Along with individual research, participative learning is found to be very effective in real learning rather than rote memory work. Working on live projects brings a dynamic feeling. Case study method of learning is practiced all over the world. Real cases from industry present situations where analysis and decision-making skills are required. A powerful method of application of knowledge, case studies result in deeper understanding rather than textbook methods of study. Teamwork and mentoring help better understanding. PGPM at GIBS is a dream come true for Management aspirants!

Teaching aids, guest lectures, immersion programs are extremely required in an MBA Program

 The majority speaks of management education as being the panacea of contemporary life. While that is very true in terms of industrial infrastructure, administration, hotels and health care, for instance, people seem to be forgetting doctors and engineers. Considering the enormous transformation that education underwent during recent decades, the process of study and learning has evolved so rapidly. What are the essentials of a well-taught management curriculum?

Teaching aids

The rise of unlimited apps extends well to educational life and beyond. In the olden days, books and blackboard beside the chalk and some charts perhaps constituted teaching aids. They may still exist today, but so much has changed in terms of the technological landscape in the classroom.  Laptops, tablets, and smartphones appear to be overtaking books. Smartboards have combined web facilities with the green board of old. 

Thus, the educational aids today consist of a series of apps! Regarding attendance, class work and homework, feedback and ratings, dozens of apps simplify the complex task of maintaining paper and pen records. Projects are everywhere in education and so are presentations. They get organized and delivered most efficiently through technology based apps designed for the purpose. It has been quite a while now that institutions have implemented such procedures, at least where sufficient facilities, resources, and technological devices are available. Management, particularly being an essentially challenging field amidst global competition, the need for effective learning practices is felt all the more. The chalk and talk days of rote learning are long past in the new age of enlightened study through a variety of learning aids, acquisition of practical skills and guest lectures.

Practical exposure

Hands-on knowledge and experience, internship programs and work experience do help to break the stranglehold of theory in learners’ minds. It is unfortunate that traditional education and the examination system required committing information to memory. Applied to hotel management, for instance, and every professional program like pharmacy, how will the student learn about hotels and the pharmaceutical industry? Whether it is a weekend visit or months of internship, the trainees need to work in hotels or pharma factories not only to get a feel but to understand the intricacies. If the trainees are fated to spend a lifetime working in a particular field, they better learn the field well.

While teaching aids like videos do provide very informative and interesting learning experiences, the knowledge vacuum can only be filled through real experience.

If management trainees have forged experience certificates to gain admission to B-schools, they are at risk. If the B-school did not provide adequate practical exposure through internships with excellent companies in media, for instance, the graduates do not really job ready when they pass out. They may be academically successful, but something is lacking in understanding industry ground realities. Bookworms may succeed in learning entire books by heart, but facing real situations may be challenging. It is true that technology has succeeded in creating virtual realities within the classroom that copy the situation out there. Consider the simulated machines on which driving is taught.

Yet the best software and reality program can at best be a copy. The world of nature is best understood inside a forest or park rather than watching television programs on nature, though it can be an enjoyable learning experience. Like wild animals born in zoos that have no real understanding of the nature element, unable to survive out there in the wild.

Guest lectures

While considering fields like banking or event management as examples being taught in management institutions, can it succeed without guest lectures? While B-school alumni carry a wealth of qualifications and experience in renowned companies, they are no longer professionally employed. It is like getting wet in order to swim. The truth about the present in the industry can only be revealed by those holding professional designations like Manager and Director.

While the alumni go to great lengths to challenge students’ experiences within the institution, enough motivation needs to come from external sources. Not all the guest speakers are presently employed in the field of manufacture of furniture.  Retired professors also possess valuable experience. In an institution, a new face immediately arouses interest compared to the faculty seen every morning and afternoon. Young trainees are ever willing to interact with guest speakers, far more than with regular alumni. As seen on the television every day, impromptu debates elicit tremendous interest, connecting various cities or countries.

Even if guest speakers are not physically present, online technology enables a meaningful give and take, seminars and workshops online. Authorities and experts share valuable experiences and provide feedback to learners. Questions are asked and answered, and thus the learning for a lifetime is getting closer to perfection.

Immersion programs

Students and trainees never had it so good like in the present digital universe. Just like the fabulous and realistic atmosphere built up by good movies, the digital world replicates reality. It is forecast that the technology of the future would construct landscapes according to the fancy of the moment like a forest, desert or mountain. Changing surroundings would be achieved at the press of a button.

Many students experience problems of language adjustment when they proceed abroad to study. Why not provide learning experiences in a second language that they are familiar with and know well? Learning essentially knows no language barriers. Learning about the market forces would be understood no matter in which language it was taught. Bridge courses would be needed to improve understanding of the local language so that knowledge transfer could take place.

When students of African countries attend college in American universities, they need to struggle with English! Immersive experiences would rid them of the phobia and teach the elements of a language they are not confident with.

Management education would be incomplete if the textbook was not translated to practical learning experiences. Teaching aids and guest lectures consolidate and improve what is taught and experienced. Language problems need redress on a large scale.

Last Updated - 24 Apr 2017

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