On Air Force Day Rolls-Royce reinforces its commitment to the Forces

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New Delhi, Oct 7 | A proud partner of the Indian Air Force (IAF) since 1933 when the Rolls-Royce Bristol Jupiter Engine powered the first flight of the IAF, Rolls-Royce congratulates India’s brave air soldiers on the occasion of 89th Indian Air Force Day.

Over 750 Rolls-Royce engines of 10 engine types are powering different aircraft of the Indian military, including combat and strike aircrafts, trainers, strategic airlift, VVIP and surveillance aircrafts. Over the years, Rolls-Royce has established a strong ecosystem in India to support these engines. A dedicated Defence Service Centre in Bengaluru supports all Rolls-Royce engines in operation with the Armed Forces, with a dedicated team ensuring optimum availability of engines and time on wing, while reducing maintenance and overhaul times.

Kishore Jayaraman, President – India and South Asia, Rolls-Royce said, “It has been both our privilege and honour to serve the Indian Air Force for the last eight decades, and we salute the brave officers of the IAF on the occasion of Air Force Day. As India envisions the fleet of the future, our commitment to support the country’s defence indigenization and self-reliance goals remains as strong as ever.”

Through its growing partnership with Hindustan Aeronautics Limited, Rolls-Royce has further reinforced its commitment to serve the Indian Air Force and enable the mission capability of the fleet. Rolls-Royce engines have been ‘made in India’ and supported by HAL for over 60 years. The partnership has evolved to include an authorised maintenance centre at HAL for Adour Mk871 engine and a supply chain agreement that enables Adour engine parts to be made in India to support IAF and Rolls-Royce’s global customers.

Abhishek Singh, Senior Vice President – Defence, India and South East Asia, Rolls-Royce said, “We are honoured to have been supporting the Indian Armed Forces to fulfil critical training, transport and combat roles. We will continue to support the mission readiness of our engines powering the IAF fleet and enable the ‘power to protect’ through our technologically advanced product and service offerings.”

Prominent Rolls-Royce engine types powering various military aircrafts in India include combat and strike aircraft Jaguar powered by the Adour Mk811, Hawk Advanced Jet Trainer powered by Adour Mk871, strategic airlift aircraft C-130J Hercules powered by AE2100, VVIP and Surveillance aircraft ERJ145 powered by AE3007.

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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