Even with 16,671 new cases, restaurants and bars to open in Kerala

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Thiruvananthapuram, Sep 25 | Even while Kerala on Saturday recorded 16,671 new Covid cases after 1,14,627 samples were tested in the past 24 hours, Chief Minister Pinarayi Vijayan said since the rate of infection has come down in the state, more lockdown relaxations will be allowed as a result restaurants and bars will now be open.

The day’s test positivity rate was 14.54 per cent.

“Restaurants can now open for in-house dining but can seat only 50 per cent of its existing capacity. Bars also can open and all the employees and those coming to these places should have taken both the vaccine doses. Air conditioning should not be switched on,” said Vijayan.

Indoor stadiums and swimming pools also can start functioning.

“It’s been now 21 months since we have been going through lockdown norms. But with 91 per cent of the above aged 18 years having taken the first dose and over 39 per cent taken the second dose, only 22 lakh are left now who have not had taken the vaccine and this includes those who turned Covid positive and for such people they will have to wait for three months. We have now decided to open educational institutions also and it will function through strict guidelines,” added Vijayan.

“So far as opening of movie halls is concerned, we have to work on it with regard to seating capacity and such issues. Once we finish that, we will take it up. So some more time is required,” said Vijayan.

Saturday recorded 120 Covid deaths taking the total death tally to 24,248 in the state.

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 Campusutra.com  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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