Maha: Covid tally crosses 60L, 4th in global ranking

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Mumbai, June 24 | On a day when Chief Minister Uddhav Thackeray warned of a possible third wave of the Covid-19 pandemic, Maharashtra’s tally crossed the 60 lakh-mark, catapulting it to the fourth slot globally, health officials said here on Thursday.

As on Thursday, Maharasthra has reported a total of 60,07,431 Covid cases, higher than France which has recorded a tally of 57,62,322 till date, and figures at No. 4 in the world behind the US, India and Brazil.

Compared to 508 deaths declared on Wednesday, the state reported 556 fatalities on Thursday, including 197 new deaths and 359 earlier casualties, taking the state’s overall Covid death toll to 119,859, the worst in the country.

The number of fresh cases fell below the 10K-level to 9,844 on Thursday, much less that the record peak of 68,631 reported on April 18, taking the state’s overall Covid tally to 60,07,431.

In Mumbai, for a month running, new infections remained below the 1K-level at 773 on Thursday, taking the city’s tally to 722,736 till date, after touching the highest daily spike of 11,206 cases on April 4.

The daily deaths decreased from 23 a day earlier to 10 on Thursday, taking the country’s commercial capital’s total fatalities to 15,348.

The state’s death rate was reported at 2 per cent on Thursday, while the number of active cases remained below the 2 lakh level at 121,767.

On the brighter side, as many as 9,371 fully cured persons returned home on Thursday, taking the state’s total number of recoveries to 57,62,661, with a recovery rate of 95.93.

The Mumbai Circle, comprising Mumbai, Thane, Palghar and Raigad districts, recorded a drop in new cases, from 2,515 a day before to 2,313 on Thursday.

With this, MMR’s Covid tally went up to 15,83,950, while 47 more fatalities took its Covid death toll to 31,581, in view of reconciliation of the data.

Meanwhile, the number of people sent to home isolation increased to 632,453 on Thursday, while those shunted to institutional quarantine came down to 4,166.

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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