Why PGDM?

I want a course which meets the requirement of current scenario market which this course has provided. In PGDM we have got courses which are flexible and are student focused program. All the courses which I have undergone so far can be related to any companies wants. PGDM is a course where we have got faculty from industrial background and as I have got work experience background it is quite easy for me to relate the topic to industries. In PGDM program we get exposure to industries current situation which gets us an edge over MBA graduates. Added with we have got ten months of industrial internship in PSG hospital where we can apply all the theories which are being taught. Hence, taking all those point into consideration I choose PGDM. 

Why did I decide to do PGDM course?

PGDM-Post Graduate Diploma in Management. Basically it’s a course not a degree. when I was thinking of doing a management course, I had some information in my mind. It doesn't matter PGDM or MBA, but the most important for any MBA aspire student is the selection of an institution to pursue the course ,because it will give us the industrial exposure, skills, good faculties and all these will enhance our employability  Every MBA passionate candidate would like to do PGDM in IIM .But I know it needs full time preparation of at least six months before CAT exam. I was working in a company. I have nearly 3 years experience. I came to know that whoever may be in an organization either engineer or arts student, one day he or she will reach a management position only in that organization. But the growth of MBA is faster than an engineer in an organization. I am basically an engineer, I felt the growth opportunity for me in the company is slow, so I have decided to do a management course .I thought PGDM would give more industrial exposure and improve my skill set.PGDM syllabus would be flexible compared to MBA, All IIMs are giving PGDM certificate, so when I was looking for applying a management course in PSGIM, I came to know PGDM is for experienced candidate with CAT score. Moreover PSGIM is one of the well known reputed colleges in south India. Companies are expecting skill set and practical application of theories after MBA. PGDM would give these features . So I have decided to do PGDM in PSGIM.

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Manufacturing Sector in India-Part 5

C.Ranagarajan ,chairman of  Prime Minsiter Economic Advisory Council (PMEAC) has cut the growth estimation for the present financial year to 6%  as compared to 6.7%  predicted in the past.he alo expressed hope that growth would witness recovery during the second half with the help of good agriculture produce and some gain in induatrial activities in the key infrastructural areas. Industrial output in the april-august period this year was 0.4 percent,down from 5.6 percent in the same period in the year 2011-2012.Rangarajan said that the growth would recover on the second half on the back of good agriculture produce and some pick up activities in the key infrastructural areas.Economic growth in India should be driven by manufacturing sector,which can boost job creation according to Arun Maira,planning commision of  India.Maira said that if India wants to achieve high growth levels,sustainable and inclusive development is need of the hour.Moreover a talented,skilled and motivated workforce value for not just any particular organisation,but also for a nation.

Manufacturing Sector in India -Part 4

India’s manufacturing sector was steady last month (September 2012) as it enjoyed support by stronger manufacturing growth and climbing export orders, according to survey. HSBC Chief Economist for India and the ASEAN Leif Eskesen said, “Economic activity in the manufacturing sector held steady supported by faster output growth and rising export orders.  The opinion of some of the business analysts are India will witness considerable rise in manufacturing cost due to the threat from high food prices and sticky inflation in India. Since government has clarified that economy will grow at 6.5% during FY13 and inflation will vary around 7.5-8%, manufacturing cost will impact the productivity of other sectors.  Dr GS Juneja, chairman, task force on MSME, PHD Chamber of Commerce and Industry, said, “The cost of manufacturing will grow. The sector will face some problems as manufacturing cost will raise the cost of other sectors as well.” Prime Minister's Economic Advisor C Rangarajan said that Centre stated that it is taking initiatives to redress the situation of poor industrial growth.

Manufacturing Sector in India -part 3

The manufacturing sector’s contribution to India’s GDP is considered low when compared to other Asian economies (in which manufacturing contributes more like 25 to 34 percent to GDP) and is seen as not fulfilling its potential. To remedy this, the recently released National Manufacturing Policy has set clear objectives to harness the sector for economic growth, including an emphasis on FDI and foreign technologies. FDI in multi brand may be problem for manufacturing sector because domestic retailers source domestically. International retailers operate on the principle of buying internationally at the cheapest cost. Majority items to be sold by international retailers are going to be sourced from cheaper manufacturing economies like China. Clothes, shoes, toiletries and other items of daily use are not likely to bear the Indian signature. The fall in manufacturing sector jobs is likely. India needs to improve manufacturing sector, so as to enable us develop into low cost manufacturing economy. For this, we need to improve infrastructure, low cost utilities, competitive interest rates and trade facilitation. If India improves manufacturing sector, FDI won’t go to other economies to source products.