Thursday, February 5, 2009

MBA important degree in recession

LUCKNOW: Education Times in association with the Institute of Public Enterprise (IPE) and Triumphant Institute of Management Education (TIME) organised 'The Magic of MBA' seminar at CMS Gomtinagar on Sunday, February 1. The event provided a platform to the students to have an interface with known faces in the industry and gain a deeper insight into the world of MBA as well as the opportunities before MBA aspirants in the current economic scenario.

The panel of experts who spoke at the seminar included NF Aibara, COO, Idea, UP East, Najaf Rizvi, Branch Head, HSBC, Lucknow, Jayant Krishna, principal consultant, TCS, Nishant Priyadarshi, director, TIME, Lucknow and SK Mathur, professor, IPE. The talk of each expert was followed by a Q & A session, allowing the students to interact and seek advice from professionals who have made it big and know what really works in the corporate world. The focus of the presentation of all the experts was the career dilemmas faced by the MBAs when the global economy is facing recession. NF Rizvi said that, companies were always seeking skilled, competent managers who could handle challenges and give effective business solutions for the benefit of the company. "Therefore irrespective of recession, MBA is an important qualification because you pursue it to acquire benefits throughout your life and not just in the current year," he said.

Jayant Krishna averred, "These are challenging times, but there are tremendous opportunities before MBAs, especially in sectors that haven't been effected by the economic slowdown, like telecom and healthcare." Encouraging the MBA aspirants, NF Aibara said, "This phase just poses short term hardships before you. You all have a long career in front of you and you must keep going ahead with a positive attitude." The event rounded up with expert comments from SK Mathur and Nishant Priyadarshi, who emphasised on the need for having sound management executives for the development of the nation.

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