read original at http://zanat0s.typepad.com
Previous meeting is over. Now going to the doctor through the manila traffic. this post will be the frst one i wrotte and pusblished in different time intervals. I have to say I enjoy mobile blogging, adds to productivity.
Starting with where I stopped. I will examine the students' claim and build upon that. The students say there are not enough jobs. The above statement may be a bit immature.
First of all I have already explained in previous posts that the July promotion always has a more difficult time than the December one. simple... The companies have their hiring cycle and in most cases it is around the 3rd quarter. Not many companies have standardised hiring processess around April. The july promotion also faces hurdles in getting into finance.
by the way Manila traffic sucks..
Insead students have a shorter time frame than other mbas to find a gd job. More pressure leads to stress. A lot of students find their job after graduation or close to that.
Now to give credit to the students.... There was a record of apicants to Philips this year. 70 applications! Broke all previous records.
Is this application overload justified? one must not look at micro level but at macro. 3 situation1: USA mbas are feeling the pinch so they start looking for jobs outside the states which drives up competition and demands for positions in Europe and in Asia. Also a lot of international MBAs prefer to be outside a dollardenominated country for their own sake.
2:) Companies have stopped hiring not only in the states but also globally. This is the worst scenario possible. This can resemble 2001 and 2202 where it was a buyer's market.
3:)students just believe the hype
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