Monday, 3 December 2012
Crude oil fall
WTI closed November just shy of $89 a barrel on hopes of an improving economy. I think there is an argument for an improving economy in 2013, but it is just too early to tell how things are going to come together with the economy, and all the ramifications of basically an anti-business and social agenda political leadership of the last four years.
I am not making a political statement that there aren`t some benefits to be gained by such governmental policies, more to state the fact that with a lot of the legislative and fiscal policies of the last four years we have yet to fully understand some of the costs and unintended consequences of these policies like higher taxes, increased healthcare costs, and increased business regulation costs.
So this is an area that remains to be seen how all this plays out in the economy. Just last year many analysts were expecting 2013 to be an increased chance of a recession
I am not making a political statement that there aren`t some benefits to be gained by such governmental policies, more to state the fact that with a lot of the legislative and fiscal policies of the last four years we have yet to fully understand some of the costs and unintended consequences of these policies like higher taxes, increased healthcare costs, and increased business regulation costs.
So this is an area that remains to be seen how all this plays out in the economy. Just last year many analysts were expecting 2013 to be an increased chance of a recession
Why did i join PGDM?
The PGDM is not an end in itself, but a means to an end. It is a degree designed to give you the ability to develop your career to its fullest potential, at an accelerated pace.I selected PSGIM to get more exposure from finance field.Its my passion to get the PGDM for the expansion of my career.I heard a lot about this institute as a reputed B School in the south India.I never expected to get this seat for me. And it was a miracle for me when I got the admission.In PSGIM, PGDM mainly focused the students to give more practical learning than theory oriented. And no more pressure is force when comparing with MBA programme. So, I took this programme.What will I get out of an PGDM? Aside from a powerful life experience, it should supply three main value propositions: Skills, Networks, and Brand.
Skills
These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management.Students acquire these skills inside and outside the classroom. Since PGDM programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.
Networks
A PGDM program offers access to a network of PGDM students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.
Brand
The PGDM signifies management and leadership training. The particular school and type of PGDM program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.
Skills
These include the "hard skills" of economics, finance, marketing, operations, management, and accounting, as well as the "soft skills " of leadership, teamwork, ethics, and communication that are so critical for effective management.Students acquire these skills inside and outside the classroom. Since PGDM programs attract people from very diverse industries and cultures, a program should be able to leverage these differences and translate them into learning opportunities.
Networks
A PGDM program offers access to a network of PGDM students, alumni, faculty, and business and community leaders. This network can be very useful when beginning a job search, developing a career path, building business relationships in your current career, or pursuing expertise outside your current field. For example, entrepreneurs need access to capital, business partners, vendors, and clients. Arts-related businesses need access to funding and strategic management in order to position themselves to be relevant in the marketplace. Global businesses need access to local business cultures as they expand their enterprises to new territories.
Brand
The PGDM signifies management and leadership training. The particular school and type of PGDM program you attend also have brand associations that can help open doors based on the school's reputation. The strength of a school's brand is based on the program's history, its ability to provide students with technical skills and opportunities for personal growth, and the reach of its alumni and industry network. A powerful brand can give you the flexibility to make changes throughout your career.
Sunday, 2 December 2012
Why PGDM?
When I looked for colleges in the south india, PSG was definitely in my radar because of its reputation of being an
astounding institute in academics for more than fifty years in the south. I
applied and called for a group discussion and interview. In fact I would say
that I gave my best shot at GD/PI. I was offered PGDM since I did not have a
valid MAT score. I was desperately looking for specialisation in operations and
the availability of that boosted my chances. When it comes to learning with work
experience PGDM is the default. Even the lords of Indian management studies IIM's offer PGDM not an MBA.
Then I backed myself and went ahead
in pursuing this program. I chose this program because this will give me a psychological
edge over the crowd and will help me in climbing the corporate ladder at a
faster pace. I am a chemical engineer and my wings are clipped for being
industrially preferred.
Presentation skills, communication techniques, business practices etc are some of the key deliverables that every management student must possess.Developing skills in leading and teamwork is an important facet of the pgdm. This anticipates practices in many of today's successful organisations. The interactive skills of effective communication, conflict management, negotiation and mobilising individuals towards common goals are the essential ingredients of effective management.
Presentation skills, communication techniques, business practices etc are some of the key deliverables that every management student must possess.Developing skills in leading and teamwork is an important facet of the pgdm. This anticipates practices in many of today's successful organisations. The interactive skills of effective communication, conflict management, negotiation and mobilising individuals towards common goals are the essential ingredients of effective management.
I am very confident that the PGDM program will suffice
the best when it comes to skillful learning. skills set with combination of intelligence can be the blessing of this program.
With all the above advantages, i chosen this program
With all the above advantages, i chosen this program
I strongly believe, In life we don’t
always do the right things, but we can do things right. As the karmayoga
says, hard work hardly fails, am working hard to live up to my dreams.
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