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Career Q
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GURUvaibhav
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Career Q - 14-06-2008, 02:11 AM

I m about to start 3rd yr of my college in Aug . I have Comp Eng. But lately I have this feeling this is not a rite career choice for me .. its not like that i m failin or so .. but i dont have a particular interest in teh feild .
I m extremely interested in Economics , thus I wanna do my PG in Economics and do something in that feild . I was wondering if neone here could guide me thru this ..
What I wanna know was what r some gud colleges in India which offer PG in Eco to a student like ma having no background in commerce . And u know my situation I hv no commerce background .. do u think I will be able to blend in. Can u also gimmi some sort of list of standard Books of Eco of graduate Level .
Or maybe i should just do MBA after my Btech .. are there subjects in MBA majorly related to Economics .
1 more thing abt the MBA .. weather I should do the MBA rite after my college or get some Work Ex and then go for it .. which is the best way

Pllz Guide me .. I will be hugely thankull </span>
   
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Re: Career Q
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Re: Career Q - 14-06-2008, 12:41 PM

I think when one dont have information about some thing , it creates the curiosity to get more knowledge about it.When you were in 10+2 , you were excited about engineering - those mega structures, science behind them, those electronic gadgets and microscopic principles behind their functioning et al.So you joined engineering.
Now you dont have knowledge about economics and india on growth track, every news channel,newspaper,magazines flooded with economic terms, sensation that stock market creates et al, is making you realize that you should pursue a career in economics.
Think hard before you take any step ! Thats all I can contribute to this thread.

And if you are really interested then wait for some professional to pour their ideas.

All the best.

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Re: Career Q
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Re: Career Q - 14-06-2008, 07:51 PM

hey accenture thnx for ur reply .. but u r wrong here , that is not the case with me .. I studied economics as 5th sub in 11 nd 12th also .. even after that I didnt stop reading stuff related to it ... Now a dayz I read many eco books and various articles off the net .
And u r sayn like i m affected by the media .. then how come none of my frnds r intreseted in this field ..

I hv read course books of eco .. and so many articles ..
The only problem is o dont know what to do with it .. I cant continue in the Field i m in currently with no interest ..
Can someone Pllz tell me what the rite way for me after my graduation ..
Pllz name some Gud colleges where i can get my masters degree .. or Do they have Economics in MBA ..
1 more Q whts the correct way .. doin MBA fresh outta college or with some Work Ex ..
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Re: Career Q - 14-06-2008, 08:07 PM

Quote:
Originally Posted by GURUvaibhav View Post
Or maybe i should just do MBA after my Btech .. are there subjects in MBA majorly related to Economics .
1 more thing abt the MBA .. weather I should do the MBA rite after my college or get some Work Ex and then go for it .. which is the best way

Pllz Guide me .. I will be hugely thankull </span>
Get work ex and apply to London School of Economics. Think big. There is no management course that will help you in Economics.
http://www.lse.ac.uk/collections/gen...chure09_10.pdf
If going abroad is not an option, then do an MA in Economics from a University.


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Re: Career Q
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Re: Career Q - 14-06-2008, 09:19 PM

As polpot suggested, doing MSc in Economics would be a better option, especially from abroad. LSE has many courses. Some are good.

Though even I am a bit cautious in advising you for the same reason as accenture mentioned above. Probably you should also contact quite a few economists thru orkut/linkedin/personal contacts and get to know the work they do, day to day life, opportunities in the field, how long does it take to do really good work etc. Also, I feel an economist life is more like an academicians one. So, one must be mentally prepared for that.

You can also join some Government research stuff like NCAER and likes and get to do
some work after engineering. Salary would be paltry there but I guess the experience would be relevant. Though not sure whether they would be willing to give a job to an engineer.

I personally don't see an MBA adding much value.

Last edited by rpradeephere; 15-06-2008 at 12:36 AM.
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Re: Career Q
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Re: Career Q - 14-06-2008, 09:31 PM

MBA with a work ex or without work ex,depends what you think of it,there are pros and cons for both of it..but MBA from a top institute in India wont hurt, even if you do it without a work ex..

All said and done as pradeep above has rightly pointed out MBA wont help you if you wanna go in for core ecomonics,for that its better that you enrol in for a university Pg course in economics..I am sure there will be loads out there,and with the kind of the passion that you are showin,I am sure u would do well.

Thanks


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Re: Career Q
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Re: Career Q - 14-06-2008, 10:22 PM

There have been very good inputs from the post before.

I will, however, give you some personal input. I too, was in a spot with disinterest in a particular field. I did one year in engineering before deciding that this was something I didnt see myself as. I choose BCOM and there are many courses and certifications I am considering to better my profile.

Here in lies the question. What PG (or for that matter certification) is best for me? Am I looking for personal satisfaction or for value addition? The problem is that when it comes personal satisfaction, few can afford that luxury. Value addition is something that people will ask you about somewhere down the line.

In my case, doing MCOM doesnt justify the effort. However, something in Mass communications would do me better in terms of value addition. However, my personal satisfaction would lie with doing BA in Psychology (master requires a graduate degree in said field).

So question is - doing PG in Economics, how does that help you? If you are looking for a job on the basis of a masters in economics research it well. But be prepared to answer questions as to how it adds value. And why do engineering in the first place. If you can shrug this off, by all means quench your desire.

Also, may I ask what do you plan to do with the said degree? Go teach or get into corporate analysis? Most people doing fellowship or MA do end up in corporate (over generalization)

Cheers and hope you figure it out.


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Last edited by the_egonomist; 14-06-2008 at 10:31 PM.
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Re: Career Q - 14-06-2008, 11:45 PM

Quote:
Originally Posted by the_egonomist View Post
There have been very good inputs from the post before.

I will, however, give you some personal input. I too, was in a spot with disinterest in a particular field. I did one year in engineering before deciding that this was something I didnt see myself as. I choose BCOM and there are many courses and certifications I am considering to better my profile.

Here in lies the question. What PG (or for that matter certification) is best for me? Am I looking for personal satisfaction or for value addition? The problem is that when it comes personal satisfaction, few can afford that luxury. Value addition is something that people will ask you about somewhere down the line.

In my case, doing MCOM doesnt justify the effort. However, something in Mass communications would do me better in terms of value addition. However, my personal satisfaction would lie with doing BA in Psychology (master requires a graduate degree in said field).

So question is - doing PG in Economics, how does that help you? If you are looking for a job on the basis of a masters in economics research it well. But be prepared to answer questions as to how it adds value. And why do engineering in the first place. If you can shrug this off, by all means quench your desire.

Also, may I ask what do you plan to do with the said degree? Go teach or get into corporate analysis? Most people doing fellowship or MA do end up in corporate (over generalization)

Cheers and hope you figure it out.

Thx for ur reply dude .. that was very help full and clearly fits in my Example . As my parents wants me to do MBA (yeah they the newspapers lol).. my frns will be in the technical field with very few of them preparing for the MBA and obviously I m the single one in the entire batch seriously considering my interest .

In the end i m teared bit the three slices .. weather I shld do MBA getting into a gud college wont be easy i know ... or an MA or MSc in Eco ,, i dont know many gud colleges uptil now .. would be grt if ne of u guys could guide me thru it .. or the gud old Tech Job

atm 1 major Q that is seriously buggin me is that whts the correct timin for MBA after some Work Ex or tie after college , I just got off the phone with my cuisine who is workin as a Market Analyst in some Broking Firm , he said to me that there r two things with doin MBA after some Work
1. after some work ur IQ level or likeness to studies will drastically fall as the work in India are mostly monotonic and bcoz u r already earning
2. U , as most ppl , may not have guts to quit ur steady payin to study more as many think they will rise in that field only instead of goin to college agn

If i opt for work after my college , The one thing i m afraid of that I may get stuck in one way or onther in job only thus grinding my rest yrs of life


P.S : If some one could provide me some list of gud colleges for doin PG in Eco or related fields ... It wld be huge help .. nd u already know tht
Kepp in mind I have completely non commerce background
   
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Re: Career Q - 15-06-2008, 12:01 AM

Quote:
Originally Posted by GURUvaibhav View Post
Thx for ur reply dude .. that was very help full and clearly fits in my Example . As my parents wants me to do MBA (yeah they the newspapers lol).. my frns will be in the technical field with very few of them preparing for the MBA and obviously I m the single one in the entire batch seriously considering my interest .
Dont give into peer pressure. I plan to do MBA solely because the market demands it and it is always better to have a fall back degree.

Quote:
Originally Posted by GURUvaibhav View Post
In the end i m teared bit the three slices .. weather I shld do MBA getting into a gud college wont be easy i know ... or an MA or MSc in Eco ,, i dont know many gud colleges uptil now .. would be grt if ne of u guys could guide me thru it .. or the gud old Tech Job
  1. Getting into a good b-school is upto you. If you dont want to compromise then, well, you do need to put in effort.
  2. Not knowing the means to achieve something (doing masters in economics) can not be a problem. You can always research and figure out where you want to go.
  3. If you dont like the field you are in, what makes you say that the job you get will be enjoyable? From my interactions with IT guys, frustration seems to be everybody's song.
Quote:
Originally Posted by GURUvaibhav View Post
atm 1 major Q that is seriously buggin me is that whts the correct timin for MBA after some Work Ex or tie after college , I just got off the phone with my cuisine who is workin as a Market Analyst in some Broking Firm , he said to me that there r two things with doin MBA after some Work
1. after some work ur IQ level or likeness to studies will drastically fall as the work in India are mostly monotonic and bcoz u r already earning
2. U , as most ppl , may not have guts to quit ur steady payin to study more as many think they will rise in that field only instead of goin to college agn
Point 1 - Work is always monotonic. Well most of it is. Why do you think so many people bitch about their jobs? There are very few who do manage to get a job that is mentally stimulating. Also, many people say (me included) that MBA does make you stupid. You are thought to think and are moulded in ways that are conformists and in essence squishes out-of-the-box-thinking. So dont make this a hard and fast rule.

Point 2 - If you have ambitions you cannot say that you will be happy with the job you are at. Anyone can sustain. Joining a call centre would be enough. But what about job satisfaction? Thats what MBA does - it gives you a platform to pick the job you want and not what you get.

Quote:
Originally Posted by GURUvaibhav View Post
If i opt for work after my college , The one thing i m afraid of that I may get stuck in one way or onther in job only thus grinding my rest yrs of life
Unless you have entrepreneurial dreams, working is something you have to do.

Quote:
Originally Posted by GURUvaibhav View Post
If some one could provide me some list of gud colleges for doin PG in Eco or related fields ... It wld be huge help .. nd u already know tht
Kepp in mind I have completely non commerce background
I have two friends who are/have done post graduation in economics. One has done MA in Economics from Pune University and is about to be placed in Tata motors. Will the package be as good? Definitely not.

The other is doing fellowship from IIM B. This is definitely a good course. He has options for teaching or like I said getting into corporates. He has already travelled the world quite a lot presenting papers and the like. Be warned he has put in a good four years and has not still finished his thesis.

Think long and hard my friend. Its the kind of decision that means a lot investment of time and effort.

Cheers.


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Re: Career Q
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Re: Career Q - 15-06-2008, 09:19 PM

hey all

I'm a production engg and worked in reliance manufacturing industry for 2 yrs. the job was physically very demanding for me, so i wanted to shift to software industry. i joined infosys as a fresher, after five months infy has chucked me out as i couldn't clear their exam.
finally coming to the point why I'm writing this-- I'm finding it difficult to find another job in software development as I'm neither a fresher(2005 passed out) nor experienced in software development. would appreciate any suggestions/solutions to my problem
thanking you


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