I was working with a company that was an authorized dealer for world's leading manufacturer of Earthmoving and construction equipment. They do not sell directly and hence have a network of dealers globally to sell equipment locally.
My role was so called "Techno-managerial" and almost 10 out of 15 people from my batch left the organisation within 1-2 years for MBA. We had a bond for 2.5 years and penalty on breaking it was Rs. 2.5Lakhs. I am a normal middle class saver so I continued for 34 months.
I could obviosuly not give my 100% to the role just like 90% of Engineers in India feel at their very first job. I dont take complete responsibility of that because we were trained on something else and my job demanded something else. Obviously college studies end in college and concepts have no place after college.
So just like the 10 people from my batch, I also decided my next step would be MBA. Being desperate I accepted admission offer from IIM Nagpur, knowing the fact that it was new and struggling to get recognition for placements from the biggies of the country. (because only they have the money and capacity to hire if even the not so right talent :| )
PS: We are all aware of the gap between college education and industry demand since ages but even industry professors have done nothing in that direction. Yes, MBA Profs, hired from really good positions at the industry, teach cliched syllabus in college and then make cliched complaints about the gap. No wonder why they had to leave the corporate and enter the field. Sorry Profs, not to be taken seriously :) You must be happy that you justify what you earn for the job!!
I got a PPO in a sales role in an average IT firm paying a big fat CTC because they were underinvested in sales. Felt lucky for almost the entire second year but immediately after college ended, Covid began and my joining was delayed with no tentative DOJ. Many biggies even cancelled offers and some even dared to post on social media that they are doing so as they were helpless. (Not sure what made them so helpless because people continued to buy stuff atleast for their survival) In my opinion food giants, health care giants, software giants should have actually hired and paid more but none of it happened.
Finally I joined but now when I wanna switch, Covid is still on, new hiring is still paused, CTCs are still reducing. Imagine leaving a 1Lakh take-home and joining a firm giving 22K per month, because that's all the average smallies have to offer me! I would rather sweep the floor for the former company if they continue paying this amount or do nothing for the latter company for such a low CTC. Not their fault, they dont have funds! Because all the money is with the biggies! I want to start my own venture but I know for a fact that I wont have funds to operate or sustain! Now I really feel the economics of the country although I hated the subject then! And the crony capitalism! Unbelievably 1% of the country owns 77% of the wealth and how it is directly affecting my career!!
And we still wathcing movies, eating branded food, using branded stuff to make the rich richer!! Ambanis and Tatas of the industry, Khans & Kapoors of entertainment, Kohlis and Dhonies of Sports, Nadars and Premjis of Software!! Yes they are all the 1%!! And we are all contributing to maintain their threshold of 77% country's wealth!! You can google the numbers for your reference, lazy to paste links!!