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Management

MBA Review


February '09
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Specialization at B-Schools: A Reality or Another Management Fad?
Generation Y: Reality Bites
Indian Job Market: Emerging Trends
Entrepreneurial Creativity and Career
Entrepreneurial Education and Learning
Gary Hamel: Most Influential Thinker on Strategy
What Makes a Good MBA Candidate?
Working for Big Name Companies Promises and Pitfalls
Effectiveness of Placement Training
Thinking Skills
Pursuit of Young MBAs
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Siddharth is the founder and Geek-in-Chief of Indusgeeks, the India's first and the largest Metaverse Development Company. He is also the resident futurologist and chef. He comes to Indusgeeks from the college drop-outs.

Specialization at B-Schools: A Reality or Another Management Fad?

-- Bholanath Dutta

The scope for an MBA graduate is unparalleled. MBA the most sought-after program, brings career opportunities in plenty. The increasing demand of the program resulted in mushrooming B-Schools across the world. The ever-increasing complexities of business has shifted the focus from traditional specialization areas like marketing, finance and HR to micro-specialization areas like retail, banking, insurance, pharmaceuticals, entrepreneurship, technology etc. This article gives an overview of reality check of various specializations offered by B-Schools and vis-à-vis industry acceptance.

Generation Y: Reality Bites

-- V Venkateswara Rao

The current global economic slowdown marked the beginning of a bleak future for the youngest members of the workforce the world over. It has even been worse in such industries as finance and technology, which employ large number of young people where thousands of people have already been axed.

Indian Job Market: Emerging Trends

-- Vikas Shrotriya

Indian job market is exhibiting significant changes quantitatively as well as qualitatively. The emergence of newer sectors along with substantial changes in conventional sectors has guided the job market in recent past. Though the job market is not able to cope up with the pressure of burgeoning Indian population, it is definitely offering more opportunities than earlier. The composition of jobs being offered has also undergone tremendous change. Today's job market is highly reactive and responsive to any change in Indian economy and global economy. This article discusses some aspects of Indian job market.

Entrepreneurial Creativity and Career

-- Vivekanand

Given the state of the economy, there is a possibility that many would be tempted to take the entrepreneurial route. While venturing in this direction, it is better to assess one's own capabilities, values and motives.

Entrepreneurial Education and Learning

-- Dr. M Gail Derrick, Dr. James G Coe and Dr. Paul B Carr

Utilizing a living case study to facilitate the learning methodology purposefully gives MBA students a sense of ownership over learning and connects class theory investigation with practical real-world business application.

Gary Hamel: Most Influential Thinker on Strategy

-- N Vijaya Lakshmi

Hospital administrator turned MBA with a long list of publications, Gary Hamel's pioneering concepts such as core competencies, strategic intent, industry revolution and management innovation have brought a paradigm shift in the practice of management around the world.

What Makes a Good MBA Candidate?

-- Neeta Baporikar

A good MBA student shows evidence of leadership potential and consistent academic achievement. Other abilities include creativity, dedication, commitment and professionalism.

Working for Big Name Companies Promises and Pitfalls

-- Bonnie Hagemann

No longer will professionals need to take a blind leap of faith to determine whether or not they make the right decision when it comes to choosing their career path. Armed with more knowledge, they can confidently choose a career path that will ensure a better career choice and ultimately give them job satisfaction.

Effectiveness of Placement Training

-- Nagaraja K

Efforts in making a `student placement' start not at the PG or MBA level, but at a very young age. This article discusses what can be done at the PG level by stakeholders.

Thinking Skills

-- Sweta Banerjee

Intellectual skills such as reasoning and problem-solving must be harnessed in an individual for the betterment of self and the organization.

Pursuit of Young MBAs

-- Vissapragada Srinivas

MBA graduates must desist from rushing ahead to capture smart pay packs without acquiring professional competency. In the initial days of the MBA program, students must focus on social skills and self-awareness to become a people's manager.

Crucibles of Leadership: How to Learn from Experience to Become a Great Leader

-- Author: Robert J Thomas,
Reviewed by AV Vedpuriswar

This book teaches leaders how to be lifelong learners by leveraging their transformational experiences. It explains how leaders can develop their personal learning strategies to draw deep insights from their `crucible experiences'. It is the duty of every organization to help people develop themselves to acquire practical experiences.

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Automated Teller Machines (ATMs): The Changing Face of Banking in India

Bank Management
Information and communication technology has changed the way in which banks provide services to its customers. These days the customers are able to perform their routine banking transactions without even entering the bank premises. ATM is one such development in recent years, which provides remote banking services all over the world, including India. This paper analyzes the development of this self-service banking in India based on the secondary data.

The Information and Communication Technology (ICT) is playing a very important role in the progress and advancement in almost all walks of life. The deregulated environment has provided an opportunity to restructure the means and methods of delivery of services in many areas, including the banking sector. The ICT has been a focused issue in the past two decades in Indian banking. In fact, ICTs are enabling the banks to change the way in which they are functioning. Improved customer service has become very important for the very survival and growth of banking sector in the reforms era. The technological advancements, deregulations, and intense competition due to the entry of private sector and foreign banks have altered the face of banking from one of mere intermediation to one of provider of quick, efficient and customer-friendly services. With the introduction and adoption of ICT in the banking sector, the customers are fast moving away from the traditional branch banking system to the convenient and comfort of virtual banking. The most important virtual banking services are phone banking, mobile banking, Internet banking and ATM banking. These electronic channels have enhanced the delivery of banking services accurately and efficiently to the customers. The ATMs are an important part of a bank’s alternative channel to reach the customers, to showcase products and services and to create brand awareness. This is reflected in the increase in the number of ATMs all over the world. ATM is one of the most widely used remote banking services all over the world, including India. This paper analyzes the growth of ATMs of different bank groups in India.
International Scenario

If ATMs are largely available over geographically dispersed areas, the benefit from using an ATM will increase as customers will be able to access their bank accounts from any geographic location. This would imply that the value of an ATM network increases with the number of available ATM locations, and the value of a bank network to a customer will be determined in part by the final network size of the banking system. The statistical information on the growth of branches and ATM network in select countries.

Indian Scenario

The financial services industry in India has witnessed a phenomenal growth, diversification and specialization since the initiation of financial sector reforms in 1991. Greater customer orientation is the only way to retain customer loyalty and withstand competition in the liberalized world. In a market-driven strategy of development, customer preference is of paramount importance in any economy. Gone are the days when customers used to come to the doorsteps of banks. Now the banks are required to chase the customers; only those banks which are customercentric and extremely focused on the needs of their clients can succeed in their business today.

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