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Placement 2000: The Day After...

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The Day After... Part-III

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Job Hopping:

So does switching the jobs are as easy there as in India?

Brand Name: Indian B-schools are known to only few leading I-banks like Lehman Brothers, Goldman Sachs, DMG, SSB, Chase and the top consulting firms like BCG, Mckinsey, BAH, MMG, AT Kearney, E&Y, etc.. Therefore, switching within this close community is easier than joining a typical US company as your prospective employer might not have heard the IIM name or recognise the IIM name. In latter case, you have to solely rely on your skill set then, and the kind of work experience you have. However, references are also useful. But it does takes time to develop them.

Networking: Another important handicap is the "networking". US MBAs have strong networks. Infact the US education system places a lot of emphasis on networks and alumni associations. In US, networking starts right at school level with regular get-togethers of various classes. Harvard alumni regularly donate millions of dollars to Harvard. Ivy League B-schools like Wharton and Stanford even go to the extent to offer jobs to their alumni through their official B-school website. Thus, Indian MBAs definitely suffer from this strong disadvantage. {However CoolAvenues.com is attempting to breach this gap by providing mentors to graduate Indian B-school students and those in early years into the Job. For detail, see Mentor Program at Coolavenues.com}. A strong network assures you to impressive references and you get to learn of important openings at Dream companies. US MBAs are better placed to switch jobs as their network assures them of news of new openings as best jobs are never advertised anywhere.

Other Issues: Also, companies will have to spend resources in getting the visa transferred, etc. Now companies that really don't have any idea of Indian B-schools probably might not bother to do that. Also, if an individual has started his/her green card process, switching jobs resets that process.

Therefore switching jobs overseas is certainly not as easy as it is for your other IIM colleagues in India, who typically change 2-3 jobs within first two years of their professional career.

Prerequisite Skills set:

What skills would be more handy for a US job?

Communications skills area a definite yes! Indians are conceptually strong in analytical and quantitative skills and generally good with numbers. However, their accent is a weak point for functions particularly like sales or retail banking. However, in consultancy, accent does not pose any problems as long as you deliver. George advises young MBAs to speak slowly and distinctly as this is the area where US bound Junta need to brush up their spoken English. Putting on a Yankee accent would be helpful, though not a essential variable. George says, "The problem is that many of us equate speaking fluently with speaking fast. That is a killer combination - words rushing out of the mouth with a foreign accent. Hey guys, just speak slowly & distincly and all will be fine."



Contd...




  Placements 2001  

Read complete story of Placement 2001 as it happened along with analysis and comparison across the B-Schools and segment-wise analysis.

  Placements 2002  

Read complete story of Placement 2002 as it happened along with analysis and comparison across the B-Schools and segment-wise analysis.

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