First batch of IIM-Rohtak bags highest salary of 28.5L

Astha A 

HSBC and Tata group were among the top companies who hired the first batch of IIM-Rohtak graduates.

The Indian Institute of Management (IIM), Rohtak which became operational in 2010, concluded its final placement process for its first ever graduating batch last week.

In the rolling process, a total of 58 offers (including six lateral and five pre-placement offers) were made by 27 companies to a batch of 47 students.

 

28 percent students took jobs in the finance sector

 

Finance

28 per cent of the total batch are taking up jobs in the finance function.

The major companies who came to campus include HSBC, HDFC, Yes Bank, Max New York Life Insurance, RBI and Tata Power among others.

While HSBC offered Investment Banking and Equity Research profiles, Yes bank offered a corporate banking profile.

In addition, the Reserve Bank of India offered roles in Central Banking with Max New York Life Insurance offering Investment Analyst roles.

 

Marketing profiles were taken up by 32 percent of the participants.

Business development profiles were offered by Pfizer and Tata Motors while Titan and Berger Paints offered retail marketing roles.

In addition, Tata Steel offered B2B sales roles to students.

Other companies that came on campus included Mother Dairy.

 

23 percent opted for operations and general management roles

Consulting and IT

17 per cent students received offers in IT and consulting functions.

Cognizant as well as Ernst & Young were among the top recruiters in this functions.

Cognizant recruited students as Business Analysts while Ernst & Young offered Business advisory Profiles.

Operations and General Management

The final 23 per cent of the batch opted to take up roles in the operations and general management functions.

Operations Manager, Regional Head in Strategy Department as well as Senior Manager in the international division were some of the profiles offered in these functions.

The institute further provided a sector wise break down of 2012 batch jobs 

 

4 reasons why Samsung Galaxy Tabs are NOT so HOT

Samsung cites lack of education among consumers as a reason for why it didn't do well in the tablet market. We try to present some core reasons why the Galaxy tab scene is not so hot.

Samsung, which has been shooting out multiple products running Google Android mobile operating system in the last 24 months, has finally admitted that it is not doing well in the tablet segment.

"We are not doing very well in the tablet market. But we want to do something new with that new product category," Hankil Yoon, vice president of product strategy for Samsung Mobile, stated during a round table press conference at Mobile World Congress recently.

Notably, the company has just unveiled three new tablets at the recent Mobile World Congress 2012 in Barcelona, Spain. With this, Samsung's portfolio of tablets now consists of six models, against two from Apple.

Yoon cited the example of Galaxy Note and said that he would never go back with a smaller display smartphone. Of course no one from Samsung would officially accept that Galaxy Tab wasn't as successful as anticipated.

We believe there are some core reasons behind the lukewarm response that Samsung's Galaxy Tab has received:

1. Too many tabs

Within a span of 24 months, Samsung has introduced about six tablet models under the Galaxy brand name. It started with Galaxy Tab 7.0 and then brought out the Galaxy Tab 10.1, Galaxy Tab 8.9, Galaxy Tab 7.7, Galaxy Tab 7.0 Plus, and now has the Galaxy Note 10.1.

Meanwhile, Samsung also introduced Galaxy Note, which featured functions of both -- a phone and a tablet. While Dell decided to stop selling Dell Streak around then, Samsung is still pretty confident of selling about 10 million Galaxy Note devices.

Looking at the product offering by Samsung, Android OS based Galaxy Smartphones and Galaxy Tabs certainly create some level of confusion for consumers. Multiple models differentiated only by screen sizes but with the same design philosophy certainly give consumers a vibe of redundancy. Form factor and body design has been quite consistent in Samsung Galaxy series products over the past two years.

Despite packing decent enough hardware that could perform well, the company did not pay heed to the physical appearance and design of the products. With bombardment of several smartphones and tablets since last year, the choice of the suitable product was been narrowed down to one factor -- price.

2. Price and display

The Galaxy devices are outrageously overpriced. With a marginal difference of a couple of thousand rupees between the tablet and smartphone, the pricing strategy seriously boggled consumers and many ended up buying the flagship device that is Galaxy smartphone. Also, the difference of pricing between Wi-Fi and Wi-Fi+3G models certainly led price sensitive consumers to look for other options.

Samsung has been bagging moolahs with its Amoled display technology, but implementing this technology or getting something similar for the tablet segment was indeed costly. Except for the Galaxy Tab 7.7 with Super Amoled Plus display, the remaining tablets failed to impress the crowd with great visual feedback.

With the Super Amoled Plus display, the Galaxy Tab 7.7 was forced to be priced slightly closer to the existing top of the line tablets. That's why the price difference between Galaxy Tab 7.7 and Galaxy Tab 10.1 is just a couple of thousand rupees.

When it comes to India, the country certainly is certainly a price sensitive market.

3. Half cooked operating system

One of the reasons why most consumers resisted buying Galaxy Tabs or other Android tablets is because the operating system is not too polished. Google also lately admitted of having rushed with the Android 3.0 Honeycomb operating system. No one likes a half-baked meal and certainly not a costly one. That's one reason why smart folks resisted investing in the expensive Galaxy tabs.

Benchmark and testing numbers did provide some numerical boost and urge to buy the tablets. But when it came to using an overall package, there were several limitations. Several functions were still missing and were very tough to develop for tablets. While companies have invested too much time developing Android 3.2 Honeycomb tablet, it is going to be a while before Android tablet operating system starts pushing out good performance in real world usage

With its Galaxy Tabs, Samsung went ahead to implement the TouchWiz 4.0 user interface along with Live Panels user experience to add extra features over the rather bland Honeycomb tablet OS. But that in fact didn't work much in the company's favour.

Performance issues are still found in these tablets: such as boot times and lags. Besides that, several functions such as slow data transfer speeds due to the use of Media Transfer Protocol and absence of microSD or SD cards certainly bugged many.

With its Galaxy Tabs, Samsung went ahead to implement the TouchWiz 4.0 user interface along with Live Panels user experience to add extra features over the rather bland Honeycomb tablet OS. But that in fact didn't work much in the company's favour.

Performance issues are still found in these tablets: such as boot times and lags. Besides that, several functions such as slow data transfer speeds due to the use of Media Transfer Protocol and absence of microSD or SD cards certainly bugged many.

Getting ahead of Apple was extremely important for Google as well as for other tablet manufacturers. Samsung went ahead to offer different screen sizes for consumers to choose the best one. However, it overlooked developing the operating system, the apps scene, and most importantly, pricing strategy for Galaxy Tabs. 

Buying a smartphone? 3 QUICK FACTS

Arun an associate vice president, sales, at HSBC has used multiple mobile phones in the last ten years -- he currently owns a Blackberry and an iPhone and has used Nokia, LG, Samsung, HTC, Sony earlier.

Given the array of smart mobile devices available in the market today and the information and feedback on web sites as comprehensive as GSM ARENA is just enough to decide the device you long for.

Some are better with music and videos, some better with gaming experience and so on...

1. Camera capability

Mid-range to high-end mobiles give great picture quality compared to digital cameras and are more popular as you don't need to carry an extra gadget with you. Mobile cameras range from 3 to 8 megapixels in the popular segment. Decide what is your primary objective of using the phone apart from the calling and texting features?

Regular users are rather satisfied with a camera quality of 5MP to 8MP with a feature of social integration which is a part and parcel of life. On experience I would suggest a Samsung followed by Apple, Blackberry, LG.

Pick and choose as per your budget and usage.

2. Multimedia

Storage is one of the key factors for high-end multimedia usage with capacity to store movies, songs and games. You need to be sure with this, for if you are on the move always this is a great way to pass your time.

The interface and quality with Apple and Samsung are breathtaking with regards to this feature.

Apple of course stands out for gaming as well as sound quality. Most phones in the market give you a storage capacity of 4 to 32 GB, however more than the capacity it's the experience and quality of the output that should be considered. Poor loudspeaker performance could certainly be given a miss to brilliant headphone experience like Apple.

3. Internet service

With the advancement of technology -- and availability of Facebook, Twitter and email on mobiles – these social web sites have become equally important for corporate as well as students who in cases of emergency use these web sites to exchange / share data.

Here I would say Blackberry along with the BBM is the best bet that come at a reasonable price, however with the limitation of the number of options available with Blackberry most go for Apple or Samsung. Here the choice should be on the requirement clearly of just having the feature and not using it extensively would be a waste of bucks. Low-end phones with GPRS do have social integration.

Decide the usage of your e-mail if it exceeds more than 10 to fifteen in a day then its important to have a phone with decent e-mail integration, else stick to the low end and don't burn the pockets.

TOP 10 superfoods for WOMEN.........

Frozen yogurt, a healthy desert choice

Only low fat yogurt is a healthier dessert as the calorie content depends on if it is non-fat, low fat variety, with almonds, with pralines, with fruit, with chocolate or strawberry sauce or just plain vanilla.

Cantaloupes is ideal for fitness freaks

Mix cantaloupe with some fresh mint leaves and honey (optional) for a delicious dessert that is very healthy, low in fat and rich in essential vitamins and minerals.

Snack on veggies with a hummus dip

Try a tasty snack of hummus with pita chips, carrot sticks, celery or red bell pepper strips or low fat multigrain tortilla chips. Hummus is loaded with protein, vitamins and fiber.

Cocoa vs chocolate as a health drink

Cocoa contains bioactive compounds that promote alertness, lessen pain and natural feeling of well-being. Check if your hot chocolate is a sugar and fat-filled artificial chemical mix with a chocolate taste.

Papaya for health and beauty

Antioxidants and nutrients in papaya help reduce effects of stress and premature aging. A medium papaya (280 grams) = about 188 mg of vitamin C and 119 calories of energy.

Plums lower high blood pressure

Plums are available almost year round, these fruits have plenty of vitamins A, B, C, fiber, and potassium and would be a perfect snack any time of the day. Potassium helps lower high blood pressure.

Try an icy and sweet blueberry smoothie

Smoothies are made with frozen fruit, natural fruit juice and yogurt. Blueberry fruit smoothies are loaded with powerful antioxidants, vitamins, minerals, and fiber.

Roasted chickpeas with a nutty flavour

Add 2 tablespoons of olive oil to a can of drained chickpeas and salt to taste -- roast them in the oven for about 30-40 minutes till crisp. Chickpeas are an excellent source of fiber, protein, iron and vitamin C.

Rhubarb helps reduce hot flashes

Rhubarb rich in potassium, vitamin C, and fiber has many health benefits one being it helps reduce hot flashes in menopausal women. Rhubarb is a sour vegetable usually paired with strawberries in desserts. 

Need a protein rich snack -- try sprouts

Add a large helping of sprouts to your salad or sandwich to get a dose of protein and vitamin C.

6 tips to manage your financial problems...

Most of today's problems are yesterday's challenges overlooked. It is always considered a wise thing to perceive problems before they arise and attend to them at the earliest. By doing so, you will be spared the trouble you may have to undergo later. Here are few pointers to assist you in identifying the problems related to your spending and saving patterns.

1. Potential problems related to your spending habits

a. You are finding it difficult to repay your debts.

Potential problem: You decided to splurge your salary and went ahead purchasing everything you ever wanted on monthly installments and did the rest of the shopping on your credit card. A few months later, you came to terms with reality: you are in no position to service all your debts.

Possible solution: You must take into consideration the fact that all your loans combined should not go beyond 30 to 40 per cent of your salary. It is imperative that you bore this fact in your mind before taking any new debt.

b. You find yourself in a tight financial corner every other month

Potential problem: You spent a little too much on your vacation and are now feeling the pinch for not being able to pay up for the insurance premiums that you are required to pay the next month.

Possible solution: In order to deal with this situation, you need to monitor your accounting on a monthly as well as annual basis to see how the cash flow is. This will help you to manage your cash flow in an effective manner.

c. You are unable to determine what you really need and whether you can afford it

Potential problem: You probably got a little too excited when you received your annual bonus amount and made up your mind to purchase a big, brand new refrigerator or an advanced split air-conditioner to tackle the summer heat or a car to spin along the countryside. But, what you failed to assess initially was whether you would be able to meet up with the increased electricity or petrol bills added to your monthly budget.

Possible solution: You can deal with such problems by planning well ahead and deciding firmly on entities you regard as relevant to your needs. You need to assess before you buy whether the recurring expenses of the equipment you're going to buy fits into your monthly budget or not.

2. Potential problems related to your investment habits

a. You are unable to contemplate or relate to the product you own

Potential problem: You have decided to invest in the real estate sector after seeing your peers make good returns, especially when the prices were rising. However, nobody explained to you the fact that your money could get bottled-up in there in the absence of a good deal. In the same way, you may have five insurance policies but not enough life insurance coverage.

Possible solution: It is important that you know the purpose of buying a financial product as it will help you solve your financial problems. Not all products in the market will solve your required needs. By setting yourself goals, you will be able to zero in on the perfect asset choice.

b. When you need money, your portfolio is in negative

Potential problem: You worked hard and even managed to save up regularly cutting away all your unwarranted costs. Yet, when you come close to meet your goal (say buying a property), you realise that your portfolio doesn't support your need.

Possible solution: Before deciding to go in for the kill, you need to choose your assets wisely keeping your goals in mind. For example, it is quite risky to keep all you money in equity in case you are aiming for a short-term goal. As a result, your capital may get exposed in the event of the market falling.

c. You focus your investments in only one asset category

Potential problem: You made huge returns from the stock market last year. So you decide to concentrate your investments only in stock market. You have suffered in the 2008 crisis or when the technology bubble burst in 2000 and incurred major losses and are quite suspicious if things would work out; you decide to stick just to debt investments. It must be noted that neither of the strategies will pay off.

Possible solution: You may decide to go by your insticnt, but it is not always advisable to blindly invest everything you've got in a single asset class. In order to reduce the risk factor and still be on the charts, you are required to broaden your time horizon of investments. Also you need to diversify across various asset classes to reduce risk.

You have understood how to be proactive on your financial problems. Unimplemented knowledge is a burden. Our problem is not ignorance but inaction. You can be different from other by being alert to your financial problems well in advance.

5 things that matter MORE than good grades...

There have been loads of articles and books on what determines success in life and the role played by education and grades. There has been even more debate on whether grades are a good predictor of success and the role of IQ vs. EQ and soft skills and how some of the greats were college drop outs and so on.Irrespective of all this, whether we like it or not, grades are here to stay (at least for now) and they will continue to be used as an assessment tool, both in college as well as for your initial job interviews right out of campus. The fact that companies don't offer you jobs based on your CV alone, the reason why they have personality tests and group discussions implies that grades are more of a hygiene factor, a way to eliminate candidates.So as long as you have grades above a certain threshold, you shouldn't obsessively fuss about them and develop a tunnel vision that focuses on grades alone. And even if you don't have very good grades, you can't go back in time and change them, not unless you invented a time machine in which case nothing else mattersNow, what does matter? College is a time to also pick up on other skills which will form an integral part of your work life.

Figuring out your learning style

As often said, 'the only thing that doesn't change is change itself'. What you know today will be obsolete soon and you will have no choice but to keep yourself updated with the latest findings, to keep learning. Even on the job, you will encounter so many things you don't know and would have to learn.Each person has a different learning style. Some people need to hear it, others are visual and need to see it, and some prefer to write it before they remember it. Figure out your learning style! Knowing this will help you pick up new skills and adapt to the changing business and work environment quickly and smoothly. What better time than college to figure this?This will also enable to develop a learning orientation vs. a grading orientation. Remember in real life what matters more is your ability to apply what you have learnt before at the right place, at the right time, to the right problem. In real life, the exam question will not be explicitly given to you.

Pursuing life skills developing experiences

Summer internships, projects, student chapters of various organisations (be it academic or extracurricular and sports related) are the best place for you to seek and develop real world skills.Managing projects, managing an event, finding sponsors, persuasion, raising and managing money, getting permissions, handling a team... did I miss any real world skill?? Yup the biggest, time management! Pursuing all this while managing your studies and personal hobbies will give you the biggest gift; to be able to manage your time better.And this is one skill you will definitely not regret developing once you take up a job, get married, and have kids! No amount of books on communication, negotiation, project management will give you the kind of experience that you will get by doing it yourself.This will not only strengthen your self-image, teach to you make better decisions and enhance your leadership skills but will also help you to develop other positive character traits.

Building a network

It goes without saying that the bonds of friendship forged during college days will be something you will treasure for the rest of your life. It is these peers who will go on and grow along with you both personally and professionally and will form your support both in good and bad times.The people you meet outside of your own college while working and volunteering with other organisations will also be a part of your network. So get in the habit of meeting new people, building deeper relationships, becoming more likable, and helping others do the same.

Honing your communication skills

I am sure you have heard this a thousand times, but the importance of communication skills can't be emphasized enough. Most of you would have some sort of communication skills course work as part of your curriculum. Go beyond that.Grab that opportunity to speak on a topic, volunteer to make that extra presentation, attempt to write for the college magazine, start a blog. Explore any and all opportunities to fine tune your oral and written communication skills. It will matter a lot later in life to be able to convey your ideas clearly to your boss, making that elevator pitch, writing that memo or report.No matter how intelligent or game changing your idea is unless you are able to articulate it in the right manner, you will find your boss unwilling to allocate resources and back it.

Defining yourself

Take the time you are in college to define yourself. To find out what is it that your are good at and have the ability to be the best in the world at. Learn the skill and develop the maturity to accept constructive criticism and utilize it to find your strengths and weaknesses.Find out what makes you happy, what kind of work you enjoy doing and then map these to possible careers for you to pursue.Use this self awareness to focus your life skill learning experiences to those that would allow you to validate or negate your perception of yourself. Exploring various career options at this stage is less risky with a limited downside compared to when you have already graduated and into your job. So make the most of this!So while you run after that next A+ or 95% on your test don't forget that college is probably the only risk free opportunity (well almost) for you to try your hand at various skill building endeavors and shaping your attitude and building a strong work ethic.

10 worst mistakes people make while changing their career........

Changing careers is never easy especially owing to the time and effort spent in getting a degree and work experience.There can be many reasons resulting in the career change including losing interest in one's original career, downsizing of a company amongst others.Regardless of your career change strategy, never make these 10 mistakes

1. Don't look for a job in another field without some intense introspection

Make sure you're not escaping to a field that fits you just as poorly as your last.Get thorough information about the fields you're considering by networking with friends, colleagues and class mates, reading and doing sufficient online research.

2. Don't look for 'hot' fields unless they're a good fit for you

People try to help and will come along and do the equivalent of whispering 'plastics' in the ear.Instead of jumping at their suggestions, take time to consider your options.Decide what you really want to do. If you enter a field just because it's 'hot', burnout isn't far behind

3. Find out if there's a need to go to school

Don't go back to school to get retreaded unless you've done some test drives in the new fieldYou're never too old for an internship, a volunteer experience or trying your hand at a contract assignment in a new field.There are lots of ways to get experience that won't cost you anything except your time.However a new degree may or may not make the world sit up and take notice.Be very sure where you want to go before you put yourself through the pain and debt of another degree programme.

4. Do not rely on a career counsellor

Don't go to a career counsellor expecting they can tell you which field to enterCareer advisors are facilitators as they can help you ferret out your long-buried dreams and talents, but you' will have to do the research and the decision making by yourself.

5. Don't expect to switch overnight

A thorough career change usually will take a minimum of six months to pull off, and the time frequently stretches to a year or more.Hence it's important to remain patient.

6. Don't go into a field because your friend is doing well in it

Get thorough information about the fields you're considering by networking, reading and doing online research.Having informational interviews with alumni from your college, colleagues, friends or family is a fun way to get the scoop on different fields.

7. Don't stick to possibilities you already know about

Stretch your perception of what might work for you.Read some job profiles and explore career fields you learn about from self-assessment exercises.

8. Don't let money be the deciding factor

There's not enough money in the world to make you happy if your job doesn't suit you.Workplace dissatisfaction and stress is the number-one health problem for working adults.This is particularly true for career changers, who often earn less until they get their sea legs in a different field.

9. Don't keep your dissatisfaction to yourself or try to make the switch alone

This is the time to talk to people (probably not your boss just yet).Friends, family and colleagues need to know what's going on so they can help you tap into those 90-plus per cent of jobs that aren't advertised until somebody has them all sewn up.

10. Be careful when using placement agencies or search firms

Do some research to be sure to find a good match.

Ask those who work in the field you're trying to get into or other successful career changers for suggestions.Try to find a firm that knows how to be creative when placing career changers -- not one that solely focuses on moving people up the ladder in the same fiel