Hi All, Just create an opinion about the answers of the following questions in your mind:
- Earning the money and enjoy a stable life or,
2. What is the reason that now a days students prefer MBA over other financial degrees like CA or CS in the field of finance??
- Is there better learning in MBA or,
- There are higher paying jobs offered to MBA’s by financial offshoring units.
3. Why?? does a majority of Financial students Join Offshoring unit of an International Investment bank rather than -
1. What is the motive of a student joining a B-School to do MBA in Finance??
- Earning the money and enjoy a stable life or,
- Learning finance.
2. What is the reason that now a days students prefer MBA over other financial degrees like CA or CS in the field of finance??
- Is there better learning in MBA or,
- There are higher paying jobs offered to MBA’s by financial offshoring units.
3. Why?? does a majority of Financial students Join Offshoring unit of an International Investment bank rather than -
- Join an Indian Financial Services Company or,
- Join Financial Department of an Indian corporate.
- Becoming an entrepreneur exploring some new ideas.
It’s agreeable that financial offshoring is helping India to improve its employment rate, but what about the quality of that employment? The balance between the money and knowledge is missing~~
Post graduation has become a fashion. B-schools are working like employment exchanges. That’s reason that B-schools are adding more and more siblings. Prime reason for this is MBA’s are getting better salaries from offshore units, which is diverting new generation to select MBA Over other financial degrees like CA or CS.
Innovation, creativity, entrepreneurship are making an exit from the minds of youngsters. Selection of B-School is done on the basis of highest packages offered during their placement seasons.
Indian Talent is hired by these big off shoring units at a salary which is most of the times higher than the salary offered by Indian employers. This has two effects:
· Indian financial sector is not getting the services of talented individuals.
· Higher dependency on employments offered by International banks.
This will serve a major setback to India when the USA financial system will crash, which is more like a cheat fund company and will crash sooner or later. We will not only affect out lives but we will be left only with a derelict mind of youngistannnn!
Best of Luck!
Regards Suraj!
