Quote:
Originally Posted by AVISHEKS2468
hello dear.
I got an offer for SP JAIN GLSCM for April'09.
I wud like to knw few facts abt the program.
1) I have options from XIMB & SP Jain Mumbai. But their interview dates r in March. Shud i take a chance of joining SP JAIN GMBA program.
2) Is 1 yr course worth after 4 yrs of work ex.
3) Is GLSCM course in demand in Dubai and Singapore. ?
Plsss suggest
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Hi Avishek
Supply Chain Management and Logistics are very much in demand currently especially due to the economic crisis. While Logistics costs as a percentage of Revenue is less than 10% globally, efficient supply chain designs help companies save significant costs in terms of inventory holding costs and these savings go straight into the bottom line of the balance sheet.
However, be very realistic about the job prospects and remuneration post SP Jain GMBA. The salaries they have mentioned are all in INR for placements across Gulf, India and South East Asia. Very few companies have offered housing as an additional component of the CTC in Gulf. So if somebody says that I got a job paying 25 Lakhs per annum, he has basically got a job paying about AED 250,000 per annum of which AED 100,000 has to be kept aside for housing alone.
The only add-on you get is a car which is not a big deal in UAE. For those who got placements in Singapore have not really got fantastic jobs. Many people ended up being team leaders in big logistics companies and Singapore has an extremely high cost of living. A vast majority of people from SP Jain have actually got placements in Shipping and Logistics companies in India with an average salary of 8 Lakhs per annum.
Be very very careful about the risk apetite before signing on the dotted line with programs like SP Jain GMBA. Your long term career and financial prospects are extremely critical and its in your best interest to check out other options before making the final decision.
(Please feel free to PM me to evaluate your university/career options with an MBA)
Cheers