Monday 13 July 2015

Why MBA

Why MBA

Here are the 7 Reasons to do MBA:

1.   Career Growth:

Believe it or not an MBA degree holder has 80% more chances of career growth.
.
If you haven't done an MBA even you have a good academic profile and good work experience. What happens next? After a few years you start feeling stagnated. This could happen after 3 years or it may take even 10 years for you to reach such a stage.
 
 An MBA from a top B-school land you directly in Mid level Management.
 & huge scope for growth onward.

2.   Career Change:

Getting bored in your current Role & Sector you are working in.
There are very few chances to shift  with your current education, your current role and your current experience.
Can you can actually switch to any other role or industry? Very little!


It is here that an MBA program can help.
So most of the professionals choose to do an MBA is to change career tracks smoothly.

3.  Gain Knowledge:

An MBA fees vary from 20 lack to 2 lacks in India.
 The figure may be even higher depending on the location of your school and the duration of the program.


The interaction and intellectual debates that you will have with your professors and peers at a B-school will be extremely enriching.  
The pedagogical methods employed in top schools are very innovative and effective – these include  you will have studies, presentations, projects, research papers etc.
In case of typical two year program MBA, First year you will learn core basic of all -marketing, Finance, Operation, IT, HR,
These gives 360 degree view of how company works.

Also there will be guest lectures of highly industrial experience professional to gain valuable insight

4.   Networking:
 .

Knowing people? Getting contacts?

This one is sure must for successful career.
You will know importance of Networking in MBA course.


How do you start business without networking?No contact?

Here You will be carrying tag as thousand of alumnus.
There will be strong support and bonding.
Doing an MBA from a reputed B-school gives you a great opportunity to network with smart, talented people who will hold top strategic positions in major companies or will be great entrepreneurs someday.

5.   Brand Equity:

An MBA degree from reputed college is valuable itself.
You don't need to say it.It shows you are competent - You have cleared difficult test to get into
an MBA degree - Aptitude, GD,PI like GMAT, CAT,
But an MBA from a top B college is certainly a feather in your cap

6.   Self-Growth:

You gain lot of confidence; how to interact with others say clients;
Iteration with students, Faculties change you personally and professionally

7.   Change of Geography:

If you are interested in moving to other country.
There must have been instances when you wanted to move to Australia or Canada or any other foreign country to work there.

Tuesday 9 June 2015

Difference between SEZ and STPI (SEZ vs STPI )


“Difference between SEZ & STPI   

SEZ - special economic zone
STPI - software technology park of India

SOFTWARE TECHNOLOGY PARK (STP) ONLY CONCENTRATES ON SOFTWARE UNITS AND DEV. OF SUCH UNITS IN SOFTWARE IND.
SPECIAL ECONOMIC ZONE IS NOT RESTRICTED TO ANY PARTICULAR IND. OR UNIT
.

 Special Economic Zone: SEZ is a geographical region that has economic laws that are more liberal than a country's typical economic laws..
STP is the process for developing marketing strategy through segmenting the market, targeting a segment and then positioning the product or brand.
Policy and Benefits
Software Technology Park [STP] Scheme is a 100% export oriented scheme for undertaking software development for export using data communication links or in the form of physical media including export of professional services.

The scheme was set up to contribute to the prosperity of the national economy through promotion of exports from the Software & services Industry by facilitating all the statutory services of the Govt., strengthening the Communication Infrastructure

The benefits under the STPI
  • Approvals are given under single window clearance mechanism.
  • An STP project may be set up anywhere in India.
  • Jurisdictional Directors have the powers to approve import of capital goods (net of taxes) not more than US$ 20 million.
  • 100% foreign equity is permitted.
  • All the imports of Hardware & Software in the STP units are completely duty free, import of second hand capital goods also permitted.
  • Re-Export of capital goods are permitted.
  • Simplified Minimum Export Performance norms i.e., Net Foreign Exchange Earnings to be positive.
  • Domestic purchases by STP unit are eligible for the benefit of deemed exports to the equipment suppliers.
  • Use of computer system for commercial training purpose is permissible subject to the condition that no computer terminals are installed outside the STP premises.
  • The sales in the Domestic Tariff Area [DTA] shall be permissible up to 50% of the export in value terms.
  • The capital goods purchased from the Domestic Tariff Area [DTA] are entitled for the benefits like levy of Excise Duty & Reimbursement of Central Sales Tax [CST].
  • Capital invested by Foreign Entrepreneurs Know - How Fees, Royalty, Dividend etc., can freely repatriate after payment of Income Taxes due on them if any.
      For more details visit
      https://www.stpi.in/
      sezindia.nic.in/