Friday, April 07, 2006

ISB placements - an update

So it's Bangalore based ITC Infotech that's forked out $233,000 to an ISB grad. And it's to a chap with 10 years experience.

Further, one of the 2 women who got placed at what the media calls a "1 crore" plus package is Swati Singh. An exceptional individual who was, in fact, the first woman officer to join the merchant navy way back in 1996. She joins real estate consultants Tishman Speyer in London.

Sadly this information was missing on the day that the 'one crore' salary figure was first announced.

I honestly feel it must be made mandatory for b schools to qualify salary figures with the age and experience of the placed candidate so that Chunnus and Munnus seeing MBA ke sapne across India get the right perspective!

Another interesting point from the article in today's ET on ISB placements:

These women super-achievers also share a great sense of work-life balance. In their mid-to-late 20s, they are open to the idea of marriage and seek spouses “who will understand” their career choices.

I sure would like to hear from these women when they find those understanding men... Coz my understanding is that as women scale further heights on the achievement ladder, it gets tougher to connect with a suitable spouse.

Secondly, you ain't seen nothing of work-life balance until you've balanced work with a wailing kid. Women who've completed their MBAs in their early 20s generally finish with the 'kid thing' by their early 30s and then struggle with balancing a middle/ senior management role and bringing up a child or two. Many, of course, give up working for a while. Some bow out altogether.

It would therefore be interesting to track the careers of the ISB women - many of whom are in their late 20s now - and see if they make different choices. Or evolve new means of 'having it all'.

Not for a moment do I suggest that all women must have children. But, if you do want them, biology demands you do so by around the age of 35. And for women who are in the 'super achiever' league, just 4-5 years into their dream jobs, that may be a tough call.

I would love to hear from women - MBAs and otherwise - on this issue.

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