Is Indian Economy Booming ??

Gosh..That's probably one of the peculiar questions anyone could ever ask me because...

Firstly, you'll end up forcing me to justify a fact that's quite obvious even to the dumbest person imaginable.

Secondly, you'll also have to bear the brunt hearing a lot of weird jargon, theories, matrices, analysis, graphs, facts etc. supporting the answer. Don't blame me, that's precisely why I would be paid after a 2yr stint of MBA education. (I might be generalizing a bit but then, it's still true).

Ask the question to anyone and you're bound to get the same answer in different contexts..For example,

• A stock broker might suggest you to have a look at the skyrocketing SENSEX.
• A railway person would suggest you to look at the number of people graduating from trains to flights
• A mobile phone vendor might suggest you to look at the evergrowing mobilephone connections.
• A minister might suggest you to have a look at the various investments that the nation is attracting in different forms.... And on and on

And to answer the question in my context, I would suggest you to look at the average compensation that is being offered to an MBA graduate at our campus.

Yes, its the placement season and this time its bigger than I could have ever imagined. The companies visiting the campus have hiked their packaged almost on an average of 20%. To top that, they've also increased the higher rungs of management for the MBA graduates which is quite surprising and welcoming (specially for the guys who have a rich workexperience to back).

Talking about booming Indian economy, it is also can be corroborated by the number of family-owned companies that are trying to look at corporatising their business and contemplating overseas operations at the same time. These companies have started right by looking to hire the right guys (The MBAs).

Today companies are ready to go to any extent to attract the right talent. For instance, today the companies have managed to fly its top management (besides its HR) to the campus to show flashy presentations backed by a professional video about the organization and also to have a high tea with the students for an informal interaction. To add to this, some companies are also bringing along its new recruits who had joined their organization in the previous year to get a different perspective. This is just amazing, something that I never thought to be a part of the entire MBA package.

If you ask me if I'm happy with all this?? I can shout at the top of my voice that I'm thrilled. Infact I feel very fortunate to be able to get out of a bschool at this time where the economy seems to be at an all-time-best.

But this had also left me confused, in a sense that, since all the companies other than IT are also promising a lucrative package, I now dont mind selling tractors or soaps or textile or technology. Almost every sector seems interesting and challenging but unable to figure out a clear criterion for selection.

So as of now all I can do is to trust my instinct and stick to IT companies coz that's what I've been comfortable with so far and can better relate under any circumstances.

That's all for now... Will keep posting more on the placements.