MDMK all set to anoint Durai Vaiko as successor to Vaiko

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Chennai, Oct 19 | While V. Gopalaswami a.k.a. Vaiko had rebelled and quit Dravida Munnetra Kazhagam (DMK) challenging Kalaignar Karunanidhi’s decision of bringing in his son M.K. Stalin to the party leadership, his party (MDMK) is all set to appoint his son Durai Vaiko as his successor.

The MDMK district secretaries and state office bearers’ meeting scheduled to be held at its state headquarters on Wednesday would formally induct the young scion into the party fold. A party district secretary told IANS, “Durai Vaiko is our next leader and we need the charisma of Vaiko to carry the party forward and we realised that only his son can carry forward the ideals of the father. More than 25 district committees of the party have passed a resolution to bring in Durai Vaiko at the helm of affairs in MDMK.”

Marumalrchi Dravida Munnetra Kazhagam (MDMK) literally translated into English means, Renaissance Dravidian Progressive Federation and was aptly titled so after Vaiko walked out of DMK in 1994 when Stalin came into the helm of affairs in DMK politics. Perhaps MDMK is the only political party in Tamil Nadu which was floated against ‘Dynastic Politics’.

However, it has come to a full circle and Vaiko is bringing in his son Durai Vaiko to the MDMK leadership on the request of several party district secretaries.

Vaiko was an aggressive leader and took up several issues concerning Tamils and had publicly aired his support to the Tamil national movement in Sri Lanka and was alleged to be closely associated with the founder leader of LTTE, late Velupillai Prabhakaran.

With the advent of Durai Vaiko, the party cadres and district secretaries believe that he would carry forward the legacy of his illustrious father and with Vaiko having failing health, another leader at the helm of affairs is imminent.

Durai Vaiko, according to MDMK lower leaders, has the charisma and ability to take the party along with him.

On October 11, Vaiko, in an emotional appeal, stated that he would not prefer his son Durai Vaiko to be in politics and that politics is one field where there is no personal life. He had asserted that politics in the family should end with him and that he would not want his son to join politics.

However, as a shrewd politician, Vaiko knows that without a good leader who commands respect from all sections of the party, the MDMK will not be able to surge ahead. Sources in MDMK told IANS that Vaiko had reluctantly agreed to bring in his son as he knows that it would water down his position in Tamil political history as a person against dynastic politics.

Dr Uma Maheswari, political observer and social sciences professor at a private college in Chennai told IANS, “It’s ironic that MDMK, a political outfit floated against dynastic politics of DMK had to resort to the same dynastic politics to keep afloat the party hierarchy. It has come a full circle and let us hope that Durai Vaiko carries forward the legacy of his father and sticks to the ideological stand the party was propagating since its formation.”

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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