Ireland reports 180% spike in foreign traveller arrivals

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Dublin, July 30 | Ireland has registered 160,000 foreign traveller arrivals in June, up 180 per cent year-on-year, the country’s Central Statistics Office (CSO) said.

The figure is nearly 92 per cent lower than that registered in pre-pandemic June 2019, when more than 1.94 million passengers arrived in the country from overseas, the CSO said on Thursday.

Of all the overseas passengers in June, 85.1 per cent arrived by air and 14.9 per cent by sea, Xinhua news agency reported citing the Office as saying.

Nearly 55 per cent of all overseas passengers came from the European continent: 36 per cent from the UK (not including Northern Ireland), 7 per cent from North and South America and 2 per cent from other parts of the world.

In June, 57,700 passengers arrived in Ireland on cross-channel routes, making the UK the largest source of overseas passenger arrivals for Ireland, followed by Spain (14,500), Poland (12,500) and the Netherlands (10,000).

The CSO figures also showed that in the first half of this year, 539,100 passengers arrived in Ireland from overseas, down 83 per cent compared to the 3.18 million arrivals in the same period of last year.

Since July 19, Ireland has allowed people from all European Union (EU) countries, five non-EU countries, including the UK, and the US to freely enter the country provided they have been fully vaccinated against Covid-19, have recovered from the disease in the past six months or have had a negative Covid test within 72 hours of arrival.

This is expected to further boost the number of overseas passenger arrivals in Ireland in July.

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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