SL FM briefs Indian counterpart on actions taken on post-war issues

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Colombo, Sep 24 | During a meeting on the sidelines of the UN General Assembly in New York, Sri Lanka Foreign Minister G. L. Peiris informed his Indian counterpart S. Jaishankar about the action taken to resolve the post-ethnic war issues, including releasing LTTE Tamil rebel prisoners and revisiting the Prevention of Terrorism Act.

In the meeting on Thursday, Peiris briefed Jaishankar about the action taken by the island nation’s government to resolve residual matters after the end of the conflict in May 2009.

He said the Ministries of Foreign, Defence and Justice were working together to address key issues, such as revisiting the Prevention of Terrorism Act, releasing of LTTE prisoners, and empowering independent institutions such as the Office of Missing Persons, Office for Reparations, Office of National Unity and Reconciliation, the Human Rights Commission of Sri Lanka.

Responding on the issue, Jaishankar stressed the need for a fair and just resolution of residual issues in the aftermath of the ethnic issues is in the interest of both countries.

In a statement, the External Affairs Ministry in Colombo emphasised that both ministers agreed that bilateral relations between the two countries are of critical importance while Peiris indicated that there is strong political will to move forward in many different areas of bilateral relations between the two neighbouring countries.

Referring to the UN Human Rights Council’s stance on country’s human rights record specially during and post ethnic war, Peiris told Jaishankar that Sri Lanka could not accept any external mechanisms active on the ground, when robust domestic mechanisms were vigorously moving forward.

“The nation was greatly encouraged by many countries standing firmly with the principled position taken by Sri Lanka that resolutions against countries cannot work without the consent of those countries,” he said.

Jaishankar has emphasised the need for a practical conclusion of the number of projects pending implementation, indicating that it would give more confidence to New Delhi to move forward in enhancing relations.

“Both ministers agreed on the need to conclude pending agreements to fast-track relations between the two countries,” the Sri Lankan Foreign Ministry’s statement added.

While highlighting the need to engage with all stakeholders, including different political parties in Sri Lanka, Jaishankar informed that New Delhi was willing to work with Colombo in many different ways, like enhancing people to people contacts.

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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