Friday, June 22, 2012

Turn Summer Internship Program into full-time employment


Summer internship program or SIP is an integral module, of any MBA course since it prepares a robust ground for the students to build flourishing career. It facilitates the students to get a hold over the practicalities of real-life corporate settings, and above all it gives a "golden opportunity" to the candidates to set up a network of contacts which would help them to fetch good jobs for themselves once they complete their studies. However, every now and then the very same question surfaces "Can summer internship programs help a management student to get into full-time employment?" - Well it solely depends on the mindset of the candidate, his or her smartness and competence which can leave an impression on minds of the prospective employers.
The biggest and most cherished dream of an individual pursuing an MBA degree is to find a great job which could give them a lavish lifestyle. Summer Internships act as an intermediary channel that can help the students achieve their dream, but the problem is that many do not know "how to convert SIP into an entry pass to get well paying job? As I mentioned in the above paragraph that it is hard as well as smart work that plays an important role in creating excellent possibilities to enter the league of executives in some good organization, merely on basis of your SIP performance.
Please do not feel that I am asking you to manipulate the situations or people because MBA course is not about exercising undue influence or unethical practices, it is about how to be resourceful. Therefore, you have to just apply a little bit of your brains, act smart and take care of certain things to get into the "good books" of your prospective employers.

Show enthusiasm:
Keenness to work and learn new things is that particular feature which every company desires in their employees. So, even while you are working as a trainee, always keep yourself in high spirits, be ready to take up new projects (be careful about exploitations). This will create a favorable impression for you on the top management, which might help you obtain a position in that company after completion of MBA degree or if nothing else than at least will earn you some recommendations (again can be used to get into other organization).

Be consistent:
A silly mistake that very beginner or intern makes it to take the "whole stuff lightly". Never do that! It will hamper your chances to create positive influence. Be steady in your outputs, it is absolutely "not done" that one day you are completing every task assigned and the other day you are just not able to submit anything, Avoid distraction! Give your 100%, or I would say 200%, EVERY DAY and not in the first few days.

Learn to be Team member:
Never try to be a leader, especially when you are still an intern and pursing your MBA course. Try to be a member of the TEAM, unless you do not do that you will never be able to lead a group. It is good to give opinions, but never disrespect a senior member since this will definitely keep you away from the good books of your managers, thus hindering the possibilities for you to get a placement. 

Get feedbacks:
It is always great to ask for feedback; ask the senior member of your organization to give your feedback (but remember that a person can always be biased, so again "use your brains" and do not irritate them with the same question). It will make you familiarized and help you focus on your strengths and weaknesses.

As, I told you that my intention is to advise you to "not" follow any kind unfair means to achieve your targets, but yes, for sure, I feel that there are some aspects which, if ignored will make it difficult for you to find a good and reputed job profile after you are done with your MBA degree.

Top 4 career options after MBA


A great and successful career is all that we want, so that we have a decent lifestyle (if not lavish, of course). But, well you know, in this age of cut throat competition, if you do not possess something that is unique, something that can add to your knowledge or personality, you will be just “thrown away”. And what is that something different? – An MBA degree, right!
Having a versatile curriculum any MBA course will unlock the doors of numerous avenues; you will end up with ‘N’ number of choices on your hand, even before you move out of the college. So, if you are dreaming about having a separate air-conditioned cabin or a place in executive cadre, in short, if you want to have a blasting career, go for MBA, believe me, it will surely take you to a path which will lead to a successful career (automatically to a great lifestyle).
So, which are those options that you might have, soon after you complete your MBA degree? Let us go through some of these industries where you can prove your caliber.
Investment or Insurance Sector
Are passionate about money and money management, then an MBA in finance will ajar the doors of vast financial sector for you.  It gives your insight and an expertise in handling as well as managing complex monetary aspects. Therefore, you can get into the investment or insurance or allied finance services. You can use your financial know-how to bring solutions to some really complicated issues. Your sting with MBA course will make you take an innovative approach towards certain problems, thus, you will become a hot cake for those employers who are into the banking, investment or insurance field.
Consultancy
Business without problems – Sounds weird! Problems are a part of any business; and MBA course is all about problem solving. So, after finishing your post-graduation, you can join “business consulting” (quite rewarding). In case, you are looking for an interesting job, consultancy is a pretty fascinating field, where you will find challenge at every point. Talking to the concerned parties and bringing out acceptable proposals to fix the issues is for sure not an easy task; thus, consultancy can give the satisfaction of doing something unique.
Analyst
An intensive curriculum in the MBA course enhances your analytical skills; therefore, you get a good hold on the current and past market trends. Your knowledge, thus, can help you to analysis the present situations as well as the possible outcomes of any changes taking place in the market. Wondering
why I am telling all this, we’ll all this translates into great opportunity to work as an analyst. So, if you have a streak to examine and take up a research on the market, management studies will give a gateway to the world of research and analysis. 

Entrepreneurship
Are you an adventurous person? – Well then Entrepreneurship is your destination.  Business is nothing, but a roller-coaster ride, and MBA course will help you understand the techniques and methods to survive in this ride. You can put everything that you have learnt into practice, when you venture out on your own, putting all the resource at stake.
In business your every action will result into consequences; a wrong decision and you are gone.  MBA will clear some fundamentals of the operational areas that directly or indirectly affect the prospects of growth of any company. It gives you a comprehensive view of various business modules and its operation hence you become aware of the current trend that may turn your losses into profits and vice versa.           

Specialized MBA program: An overview


Have you watched Hindi movie “Wake up Sid”, if you have watched it, then you might have noticed that there was something every striking about the main character. The main character – a college student (Sid) is shown confused, totally disoriented. This is a very typical characteristic of any student; whether he or she studies in a high school, in a college or even doing post graduation courses.  Such situation occurs especially when we are given ‘N’ number of preferences, and all seems to be perfect.  It has now become a routine for a student, who is pursing or is aspiring to take up MBA program, as the program has evolved tremendously, due to the changing global inclinations that give unlimited choices to the students.
With the rapid globalization, the conventional business operations are going through a transformation. Moreover, different sectors and avenues are opening up, as a result of the progress of technology. So, corporate world requires trained (in some specify areas) professionals who can handle certain tasks, that needs some proficiency and extra skills. Therefore, today, many colleges have implemented specialized MBA programs, along with the general management courses, for those individuals who want to make their career in some niche industry.
Since, specific management program is not so common and also there is not much information that is available about it, so it is obvious that certain questions will nag you, like.......
What is this Specialized MBA degree?
To be more precise, specialized MBA degree is a sector specific program, where the syllabus is planned keeping in mind the trends and operations that are required for smooth functioning of some particular industry or its allied sectors. Let us say for an example a degree or diploma in hospital management is an industry specific course that focuses only on how to manage a hospital.
How it different from Regular MBA programs in terms of future career options and growth?
Every MBA program has certain fundamental attributes which are always considered as a major employability criteria for the employers.
Regular MBA will focus on all the major aspects related to the business management like marketing, sales, etc. While special MBA degree targets specific areas, e.g. retailing or international business (these areas primarily belong to the 21st Century). It will go into the depth of fundamental features will needs to be taken in consideration for better performance of any niche industries.
With new sector coming up in the country, people with a specialized MBA degree will have better chances to grow in their receptive fields, as it will give them knowledge about certain unconventional industries that will give them a cutting edge...

Can I go for it?
Well, to be very honest, specialized MBA program is not for everyone. It would be that you opt for regular course if you do not want work in a single industrial sector, because it will in a way not allow you to change your field.  Go for it, only if you are focused and determined to work in a particular industry. It is better option for those who are already employed and want to move up the hierarchy as it will give you more scope.