Aus state to give more freedom to fully vaccinated residents


Sydney, Aug 26 | From next month, Australia’s most populous state of New South Wales will give more freedom to residents who are fully vaccinated against Covid-19, despite an unabated increase in daily confirmed cases.

The NSW government said in a statement on Thursday that the decision was taken after the state hit the target of 6 million jabs, which is also the first step out of the Covid roadmap, reports Xinhua news agency.

Additional freedoms will follow for those who have had the jab when the state hits new vaccination targets of 70 per cent and 80 per cent.

From September 13, for those who live outside the 12 local government areas of concern, outdoor gatherings of up to five people (including children and adults fully vaccinated) will be allowed in a person’s local government area or within 5 km of their homes.

For those who live in the 12 local government areas of concern, households with all adults vaccinated will be able to gather outdoors for recreation including picnics within the existing rules, in addition to the one hour allowed for exercise.

The authorities flagged that with 70 per cent full vaccination, a range of family, industry, community and economic restrictions will be lifted.

With 80 per cent full vaccination, there will be further easing of restrictions on the industry, community and economy.

The NSW government is also investigating trials of certain industries in coming months, as a proof-of-concept measure to prepare the businesses to open up and operate in a Covid-safe way.

NSW is currently the epicentre of Australia’s latest outbreak triggered by highly infectious Delta variant.

It recorded 1,029 new locally acquired cases on Thursday, with three fatalities.

The lockdown in regional NSW that was due to end this weekend has been extended until September 10.

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal


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