Rs 1-crore pay not music to IIM-B graduate's ears
Jump to Page:
< Previous [ 1 ] [ 2 ] [ 3 ] [ 4 ] [ 5 ] [ 6 ] Next >
Let's face it. We have heard this many times before "Money isn't everything".Well we stand up and applaud when someone follows her her heart and gives up a 10 million rupee job. End of story? Not quite.
This person is in the limelight because she gave up a high profile job.......... for what? something that her heart desires. Good for her,,,,,,,,,,, but I just wonder, why would she go through the whole course at IIM just to pursue her love for music? Certainly there are more avenues to pursue one's love for music? or am I wrong?
On second thought it would have been noble if this person took this job, started a charity (with all that wealth), and help the disadvantaged, the orphans, and the needy?
Am I getting too filmy?
Quote:
Originally posted by morning_rain
Quote:
Originally posted by alexm
Impressive that she had the strength to turn down that kind of money.
MR: Approximately 230,000 US.
Thank you for the conversion !
Maybe she already has a lot of money??
Good, if slightly cynical, point
Wonder why I didn't think of that, with my skepticism?? Goes to show the kind of world we live in. Not criticizing you in any way, MR.
Posts: 1920
Location: British Columbia
Posted on: 22-02-07 16:42:17
Location: British Columbia
Posted on: 22-02-07 16:42:17
Quote:
Originally posted by alexm
Quote:
Originally posted by morning_rain
Quote:
Originally posted by alexm
Impressive that she had the strength to turn down that kind of money.
MR: Approximately 230,000 US.
Thank you for the conversion !
Maybe she already has a lot of money??
Good, if slightly cynical, point
Wonder why I didn't think of that, with my skepticism?? Goes to show the kind of world we live in. Not criticizing you in any way, MR.
I didnt mean to be cynical. A job with that kind of salary sounds like it will be very demanding - in time and energy. It would probably mean having to give up her musical ambitions. There was no mention of her experience in NY. Perhaps she does not wish to leave India?
She also mentions her developed skills in business/analytical skills to assist her achieve her goals of opening an institution in Bangalore to further her goals.
What do you think? Is the current indian mentality "be a doctor, lawyer or engineer or else you're nothing" or has this changed? or did this never exist??
what is the value placed on someone who has a career in social sciences/humanities ??
-----------------------------------------------------------------
~ Morning rain
This is not the first case Ihave heard of graduates of IIM - I do not recall exactly which one, but there was a guy from IIM-A who started a food catering business from scratch and is now a well known name going to be a multi-millionair soon.
And I think India has matured enough to enable a person to make a fortune or a name for him/herself pursuing thier hobby as a business venture.
Chandresh
-----------------------------------------------------------------
Chandresh
Advice is free – lessons I charge for!!
Quote:
What do you think? Is the current indian mentality "be a doctor, lawyer or engineer or else you're nothing" or has this changed? or did this never exist??
what is the value placed on someone who has a career in social sciences/humanities ??
Yes, the mentality has changed. BUT, not that much. a decade or so back, there were only two 'respectable' options - doctor or engineer. Now, the list of so called successful professions has greatly increased; a lot because the opportunities in other fields do provide enough income to support oneself comfortably.
As to your second question - I am opening myself up to a whole lot of flames, but really I wonder - what useful purpose do social sciences/humanities serve IN GENERAL?
What I am trying to ask is - how much is my life really going to change whether I know more of the Mesozoic era (ie history) or not? Yes, have a few schools with so that we can get teachers in these fields; for more than that I don't see the purpose.
What does impact my life is the various advances in technology, for example. These allow me to keep in touch with my family all round the world, and improve the quality of life in measurable ways.
A vaccine being developed for AIDS - yes, it impacts millions of people.
It's an interesting question you ask, if you were in the GTA area perhaps we could have discussed at greater length
Quote:
Originally posted by alexm
[but really I wonder - what useful purpose do social sciences/humanities serve IN GENERAL?
For those that do not have a tech or other specialised aptitudes but are ambitious...these degrees maybe a good way to go. In my opinion its the soft skills that these grads have that coupled along with the univ degree that make them marketable.
I read something about this before and so googled.
http://info.wlu.ca/~wwwarts/careers/researchongrads.shtml
excerpts:
Major Findings
* Graduates in humanities and social sciences readily find jobs and generally earn high incomes, according to data obtained from Statistics Canada.
* The unemployment rate among university graduates aged 25-29 is significantly lower (5.8%) than the unemployment rate among graduates of technical, vocational or career programs aged 25-29 (9.3%), according to an analysis based on 1991 census data.
* Most graduates in humanities and social sciences are employed in a professional or managerial capacity (50-81%). That's compared to 60% of counterparts with university degrees in commerce and 24-35% of individuals with technical or vocational diplomas.
* All university programs analyzed in this report in terms of their cost-benefits yield a social rate of return that exceeds the real interest rate in Canada today.
* Cost-benefit analysis shows the rate of return to society on investment in the social sciences (9%) and education (10.2%) outstrips the rate of return for engineering (7.9%) as well as the rate of return for math and the physical sciences (7.4%).
* Cost-benefit analysis shows the rate of return to society on investment in the humanities (7.8%) is on a par with that of engineering and slightly higher than the rate of return for math and the physical sciences.
* The demand for university graduates in the Canadian economy appears to be growing as rapidly as the supply of graduates is growing.
* A background in social sciences and humanities appears to have a major impact on earning power. From their twenties to their fifties, men who graduate in humanities see their income rise, on average, by 78%. Graduates in social sciences see their income rise 106% over the same period. That compares favorably to a 47% increase in income for community college graduates and an average 76% increase for university graduates across all fields.
* A university education in social sciences and humanities plays a major role in the success of women.
* More than 50% of social science and humanities graduates are women and more than 50% of women in management jobs began their careers with a social science or humanities degree.
-----------------------------------------------------------------
Recommended Services- Servicedomino.com
http://www.servicedomino.com
Posts: 1920
Location: British Columbia
Posted on: 22-02-07 18:47:14
Location: British Columbia
Posted on: 22-02-07 18:47:14
Quote:
As to your second question - I am opening myself up to a whole lot of flames, but really I wonder - what useful purpose do social sciences/humanities serve IN GENERAL?
What I am trying to ask is - how much is my life really going to change whether I know more of the Mesozoic era (ie history) or not? Yes, have a few schools with so that we can get teachers in these fields; for more than that I don't see the purpose.
What does impact my life is the various advances in technology, for example. These allow me to keep in touch with my family all round the world, and improve the quality of life in measurable ways.
A vaccine being developed for AIDS - yes, it impacts millions of people.
It's an interesting question you ask, if you were in the GTA area perhaps we could have discussed at greater length
Social Sciences include areas such as Anthropology, Psychology, Linguistics,sociology, Women's studies, Economics, Political Science,history and Education. Humanities includes: English, Religious studies, classical studies, Philosophy.
First - Learning about prehistory is only one area of anthropology (or history) or a sub category - archeology.
Anthropology: The study of human biological development over millions of years tells us about physical capabilities, brain capacity, adaptability, use of resources - both natural and man made. Cultural anthropology teaches us about the various systems that make up societies around the world. This has implications for global communication, business, education, It ties into politics and political science. Archeology also teaches us about how humans and animals use available resources to create tools and use the world around them for their survival.
Psychology is the study of human behavior. This encompasses more than academic interest. Organizational psychology, criminal behavior etc etc. This has implications for society, for the development and structuring of institutions - of social service systems. How about Mental health services?
Linguistics - The study of the development of language. The study of languages. Communication - very important in today's world.
Sociology: The study of human societies. What behaviors and morals are considered acceptable and which are deviant. Immigration, crime, drug abuse, changes in family (ie/ acceptance of gay marriage). These are all current issues.
women's studies: to learn about the history of the woman's movement. To learn about key women that facilitated changes in society regarding women's employment, rights, equality, role in society and in the family. This has implications for society. More career women = fewer number of children = a shift in the demographics of a society (ie/ less children being born in Canada today - more women in the workforce - schools closing down due to low enrollment) etc.
Economics/political science - I assume these are givens
History: Detailed accounts of past events/groups at varying times in the past. This teaches us about human behavior in a given situation AND the implications of political and social decisions (ie the history of the settlement of Canada).
I disagree that social sciences do not have practical applications.
You mentioned advances in technology. Do you know that medical anthropology studies the cultural and biological bases of health, illnesses and health care?
-----------------------------------------------------------------
~ Morning rain
