[NOTHING1954]

MartianOnEarth,
It will be good if you can shed more light on this issue, particularly with regard to the Indian students who graduated this year.
I remeber reading in one of your posts that you have spoken to one or more of the Indian MBA graduates from the top US B-schools and gave a hint that things are not all that pretty.
It will be nice if you can elaborate and provide a more nuanced understanding of the current scenario, particulary for the Indian MBAs of US/UK/European schools.
Thanks.

Originally Posted by MartianOnEarth

I think the numbers and scenarios mentioned in that article are moderated versions. From first hand reports (in fact from an alum from one of the schools listed in that report), the story seems worse.

But I'm sure in the long run, grads from the good schools will do well nevertheless.

[MartianOnEarth]

Originally Posted by NOTHING1954

MartianOnEarth,
It will be good if you can shed more light on this issue, particularly with regard to the Indian students who graduated this year.
I remeber reading in one of your posts that you have spoken to one or more of the Indian MBA graduates from the top US B-schools and gave a hint that things are not all that pretty.
It will be nice if you can elaborate and provide a more nuanced understanding of the current scenario, particulary for the Indian MBAs of US/UK/European schools.
Thanks.

It may not be a good idea to get into the details, mainly for the following two reasons:

- The details that I've heard from this alum, may be biased and possibly exaggerated. When emotion gets mixed with data, the interpretation takes on a whole new dimension.

- Talking about specific schools may create an incorrect impression in the minds of people reading this post.

Why did I then post that response, you might be thinking. Valid question. The only reason I posted it was to highlight the fact that published articles (just like any other source of information) may not paint the most accurate picture. This is true in both - good and bad times.

So don't get too carried away with such things. Rely on your own research based on a combination of primary + secondary data and then take decisions.

[fordfirestone]

Originally Posted by NOTHING1954

MartianOnEarth,
It will be good if you can shed more light on this issue, particularly with regard to the Indian students who graduated this year.
I remeber reading in one of your posts that you have spoken to one or more of the Indian MBA graduates from the top US B-schools and gave a hint that things are not all that pretty.
It will be nice if you can elaborate and provide a more nuanced understanding of the current scenario, particulary for the Indian MBAs of US/UK/European schools.
Thanks.

I will be honest here - things are dire for everyone especially internationals but the stories I hear are all a mixed bag.

A few individuals have had to come back to India because they haven't been able to find a job in the U.S. (after graduating from a top 10 colleges) ...but there are a few whom I know personally who have gotten jobs by doing some FURIOUS networking while in college - but they have had to forgo their pre-MBA goals of switching into finance for the time being and they are back into their pre-MBA fields.

[gadadhari_bhim]

Since I don't have any association with any B-school myself...... YET , let me tell you what I know FIRST hand. I have been living in the US for the past 10 years. I was visiting some job fair recently which was specifically geared towards jobs in India from the US and I met and talked with a bunch of MBA students from UCLA Anderson who had graduated and were looking for jobs in October. Obviously that told me a lot without asking them any details as to what is transpiring. The guys seem to be well qualified with work experience in good l companies in India.

Now coming to second hand knowledge, I came to know of someone who passed out a top 10 college in the US, is on OPT and is still looking for a job. Now, I don't have any data as to what the real #s are for students from India or International students who are still looking for a job.

Is there any data on what is going on for real in US Business schools as far as jobs for international students is concerned? I don't understand why people who are in the know are so circumspect in talking about what's happening for real in US Business schools? I think it's going to help prospective applicants rather than harm anyone.

Here's a blog by an Desi Guy at ISB Hyd. Obviously not a Phoren school, but the story comes straight from the Dood's mouth as they say. ->http://www.ft.com/cms/s/0/b968e69c-1...nclick_check=1

[gadadhari_bhim]

USA: New Proposal would limit Non-Immigrant hiring in the event of Employer Mass Layoffs

Excerpt:
About the Employ America Act
EAA would require employers filing temporary worker petitions to attest that they have not had a “mass layoff” in the 12 months immediately preceding the foreign worker’s proposed hire date and that they do not intend to have a mass layoff in the future. In addition, if an employer does conduct a mass layoff, all existing visas approved in the 12 months before the employer issued a “WARN Notice” would expire 60 days after the notice. Affected foreign nationals would be required to leave the United States within the 60-day period.
An employer would be exempt from the requirements of EAA only if it could show that the total number of its U.S. citizen workers would not be reduced as a result of the mass layoff.

Fragomen’s(Law Firm) Perspective
The Employ America Act is the latest proposal from Senators Grassley and Sanders, who are the strongest advocates in the Senate for more limits on foreign workers. Their bill restricting H-1B sponsorship by recipients of funds under the Troubled Asset Relief Program (TARP) and certain provisions of the Federal Reserve Act became law earlier this year. Most significantly, this latest proposal would terminate the existing employment authorization and legal status of current employees, and is therefore even more disruptive to employers than restrictions on future temporary worker petitions.
Fortunately, with comprehensive immigration reform on stand-by until at least 2010, EAA is unlikely to move forward soon. Congressional leaders have said generally that immigration legislation should wait until the immigration system can be addressed more broadly. However, the proposal could gain traction and advance as part of some other economy-focused legislation. Fragomen, along with advocacy allies, will work to voice the concerns of the business immigration community about this new proposal.


Now the good news is the law has not been passed and it has only been introduced in the Senate.

[NOTHING1954]

Business Week came up with an article on the employment scene for the 2009 gradutaes of B-schools.
The link is given here:

MBA Programs Report 2009 Placement and Salary Data - BusinessWeek

May be it will be of some help for the aspiring candidates in assessing the risks and returns.

[krishna hasa]

Hi,

I m a newbie here.. I studied in BITS-Pilani and currently working for Wells Fargo in Hyderabad. All my four years of college, I did many activites and I was into a NGO. I have got many recognitions like Woman Leader award, BITSAA global 30 under 30 award, given to 30 bitsians and Alumni under the age of 30 every 4 years. With all these achievements I have one negative point thts my CGPA which is 7.05/10.

Wells Fargo that I m working for is a great bank, but I m into Tech Side into testing. This is not the profile I expcted, but i m utlising the huge knowledge bank inside the organisation and learning more on internal operations like how the bank works.

I always dreamnt of studying in Top BSchools abroad, but I m not sure how realistic my dreams are, provided my background. I would want to have 3 years of experience and tis been 3 months sicne i joined Wells Fargo. It would be grt if puys can guide me through my MBA

Thanks in advance!