aur bhi log plz post such events ...for this year thanks

Enjoyed thoroughly ... got tonnes of gyan ...thank a lot puys ... so where did you folks go for dinner? Apurv bhai foto to post karo

The question you have raised is actually wide enough in scope for a Case Study.

Just like a user can always procure an Illegal Copy of Windows for a measly $4 or for free on P2P, but still most of them decides to procure an original copy, iPod users prefer the legal channel.

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Kahan jee rahe ho dost ? still most of them decides to procure an original copy ... Sadly people dont ... and they will continue to do so if the price difference is high ... remember those days when audio cds used to cost 300 bucks? ppl used to nicely get a pirayed one for 20/30 ...it was then when the music industry began selling them for 99.

And regarding customer support, malware ...balah blah ... people dont care a damn as long as that "measly 4$" tag is there

And yes ""Which of the channel a user actually chooses depends on the amount of spare time he has and his personal time value of money or money value of time."" that point is true in terms of services and performance ... but for a thing like getting porn on ipods ... there seriously is a price barrier to that and until they make it competitive with the dvd rentals...its not going to wrk

err ... from now on i should be careful abt what i post here . Going back to the rather insipid discussion that we were having, I guess this mindset, this moth drove thingie could be because ppl and the society expect more from such ppl. You are "supposed" to earn obscene salaries after youve gone to one of the top b schools. Take an example from closer home,of say an iitian or a guy passing out from an iim... tomorrow if he goes and says that he wishes to start his food joint ppl would actually write him off as an insane retard ... I understand money is something, but i think its the sheer societal pressure that make us all run like horses in one direction taking life as it comes...sad ! I see a lot of ppl making it big who had no societal pressures or even if they did, they had the guts to ignore them. Dhirubhai ... leaving shell starting his own thing ... steve jobs thrown out of his own company ... started pixar and kept doing what he liked most .....there are similar examples everywhere !

I remember what steve jobs said - live everyday as if its your last day ..

I guess if everyone lived this way ppl would be a lot more richer and happier.

Sorry to go off topic ...but found an interesting read ... Sonam Sir ... your take on it ...

________________

Why Harvard Is Bad for Wall StreetObscure Economic Indicators Part 6: Harvard Business School graduates on Wall Street.

By Daniel Gross
Posted Friday, Nov. 19, 2004, at 5:10 PM ET The bright young things from Harvard Business School are making their way to Wall Street in droves. Some 26 percent of the HBS class of 2004 took stock-market related jobs, up from 23 percent of the class of 2003. I guess that means it's time to sell.
Consultant Ray Soifer (Harvard MBA, 1965) has been tallying the career paths of fellow HBS alumni for several years, and what he has discovered confirms what every Yalie has always suspected: Harvard is bad for America. (The raw data since 1998 can be seen at the HBS Web site. Click here, pick a year in the left window, and then select "by industry" in the right window. Before 1998, the information was published in an alumni magazine.) Soifer has found that the initial career choices of HBS grads amount to a "rather esoteric but nonetheless generally accurate long-term indicator of the US equity market," he notes in his most recent report.
Make that a contra-indicator. The more Harvard grads on Wall Street, the worse the market does. Soifer counts the proportion of the class that goes into the six categories of jobs that "depend to a large extent on the stock market": investment banking, investment management, sales and trading, venture capital, private equity, or leveraged buyouts. Historically, when fewer than 10 percent of HBS grads go into these fields, it's a signal that stocks are a long-term buy. The figure last fell below 10 percent in the early 1980s, just before the great recent bull run began. The worst year was 1937, when only 1 percent of alums went into the securities industry. For long-term investors, the late '30s turned out to be a great time to buy stocks.
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The HBS grads are an even better "sell" warning. Soifer has found that when 30 percent or more of HBS alums throng into the industry, it's a sell signal. In 1987, more than three of every 10 HBS grads rushed to join the crowds playing Liar's Pokerjust in time for the crash. In 2000, the year of the market meltdown, 30 percent of HBS grads went to Wall Street. In 2001 and 2002, as 32 percent and 36 percent of HBS grads entered the sector, the malaise continued. HBS students finally got wise in early 2003, as only 23 percent went into the industry. Soifer presciently noted that this 2003 drop was an indicator that the market was about to have a good year, which it did.
Soifer is quick to point out that the data are far from perfect, and that nobody should go long or short on the S & P 500 based solely on their release. But while they might not tell us precisely when the market will turn down or shoot up, the results do tell us something interesting about HBS grads. HBS students have always been the envy of other MBA students (for the higher salaries they command) and of other Harvard students (for the more sumptuous gym and cafeteria they enjoy in their exclusive campus on the far side of the Charles River). But the masters of the case study aren't bold risk-takers. Despite their reputation as future business leaders, they are perpetually just a bit behind the curve. Mother Harvard gives them the tools, connections, vocabulary, and polish to climb the corporate ladder. They take high-paying jobs in consulting, Fortune 500 companies, and on Wall Street rather than striking out on their own.
In the 1990s, for example, going into high-tech was a brilliant move. But as late as 1998, only 11 percent of HBS grads went to work in the exploding field. But then 21 percent of the class of 2000 took a job in high-techjust in time to get popped when the bubble burst.
Why? HBS grads, like most businesspeople, have short-term time horizons. They go where the money is today, not where it might be three or five years down the road.
And like most businesspeople, they respond to the market. Companies and industries feeling flush will likely increase their efforts to recruit HBS grads, who are prestige hires. And as countless case studies have shown, free-spending and complacency are frequently precursors to a fall. Conversely, when industries and companies are down on their luck or out of fashion, they'll have a much tougher time luring HBS grads. Essentially, the system encourages HBS grads to join fields at the top of their cycle and shun those that are poised for a turnaround.
"You would think that, given the finance they are taught, would remember to try to buy low and sell high," said Soifer. "But that's not the way the world works."

Dear Gaurav,

I would like to know what you plan to do after your Mtech. If its further studies, then I could say that IITB Aero would be good ... great profs, good recos and good univs for Phd.

You could pm me for any further info

Regards
(oh and btw I am a 5th yr DD at iitb)

Posts since last visit .....

need this one badly

congrats junta ... ...can feel the happiness !!

Here take this !

http://www.pagalguy.com/forum/b-school-student-discussions/13078-certification-in-supply-chain-mgt.html

.wysiwyg { background-attachment: scroll; background-repeat: repeat; background-position: 0% 0%; background-color: #f5f5ff; background-image: none; color: #000000; font-family: Verdana, "Lucida Grande", Arial, Arial; font-style: normal; font-variant: normal; font-weight: 400; font-size: 10pt; line-height: normal } p { margin: 0px; }I have heard that there is a copy of this book at NMIMS liby ... could someone plz plz plz issue it and lend it for a few hours ... i'd be zindagi bhar grateful !