Tuesday, October 21, 2008

The Financial Fun

Ever since Lehman liquadated , hopes of millions of MBA aspirant hopes have gone down the drain.People hoping to make moolahs as coveted I-Bankers are realignig their focus . The sky rocketing salaries that used to put  a government servant savings at the fag end of his career seem miniscule are for a discounting. And believe me that was impending , long overdue and most important desirable. This crisis is a reminder that a world is far more rewarding , far more satisfying and far more enjoyable  but is waiting for it takers. After such  a mad rush, a hiatus , a sabbatical is aiding to refocus on what we missed out.
Ask any B-School graduate and you see the tinge in his eyes lighting up witht the mention of I-Banking. All the different fields of study were playing truant to the lots of bucks offered in the financial industry. Social sciences labs were yearning for researchers , the Chemistry labs had no takers for test tubes, inventory level was building up in laboraties. However something extremely opposite was happening in Bschools. Makeshift B-Schools were springing up. The already limited infrastructure was being stretched to the limit of failure point and students who at the very first instances had their minds on technology were forced to walk the trodden track. Infact diversity seemed to be a thing of the past. It was a factory asembly line . And then the inevitable had to happen . This crisis will bring some element of realism in the things as they stand now. Management education as value addition needs to be prioritized by the students. What most B-Schools have become today are mere just placement agencies. Any slowdown , and the truth is staring at you wide out in the open. The journey of two years needs to be nurtured , developed and most importantly enjoyed. It is a process of learning , it is a transformation from frivolousness to strategically taking risks . It is a womb of two years. But the problem that IVF has just killed the fun via Coaching Institutes.
So what you sow is what you get. And the coming times will separate the wheat from the chaff.
Waiting eagerly for the bloody good times.