The funniest thing about the economy is the relation between the value that is given to a commodity and the emotional dividends that can be drawn from it. We believe the diamond is more precious than coal because a diamond is costlier, but what if the prices were reversed? Will you still ignore coal?
The most flawed argument given against this is that diamond is costly because it is precious and not the other way around. But the basic mistake they do is that they ignore the law of demand & supply. In a nutshell, the value of a commodity is assigned by the difference in their demand and supply, when supply is more than the demand, the cost falls and vice versa. If the supply for coal is drastically reduced than its demand( a possibility considering today's fuel scenario), the prices of coal will shoot up and it will become costlier and dearer.
This is how today’s MBA space has been for GEMs (General Engineer Male). Not until a decade ago, supply for a GEM in MBA was less than demand and thus they were most sought after. It was an era of MTech. and Govt. jobs, when an engineer MBA was as rare as platinum and was regarded as such but now when the supply has increased (exploded indeed), they are treated as coal. My question is, just because the diamond lost its market value, does it lose its shine?
Today when the Engineer populace is exploding in India, they have indeed lost their value. However, one thing they can never lose is their shine, and just like Masamune could sniff the sharpest katana out of a block of iron, NITIE has been polishing these GEMs.
NITIE is, if you call it, Moses for GEMs, who guides them to their salvation, breaks all bounds of gender, undergrad, past CGPA etc. and commits to the creation of a brand of Techno-Managers that industry needs.
If you ask a CBSE student and a state board student: what is a difference in the two? With a morbid expression, the state board student will say: “Where the topper percentages end in state board, CBSE’s starts”. Some similar analogy is there between engineering and non-engineering courses, and when in admissions shortlist weight is given to undergrad scores, we know it is like asking a monkey and a fish to climb the same tree.
What happens when a fish can’t climb a tree? IT swims, in an ocean, living the world, while the monkey is left on the tree, NITIE is the ocean for GEMs.
Many colleges boast of their placement records and are ranked based on it but one of the most important aspects, that only an MBA can understand but is hidden from applicants, are the shortlisting criteria. You may get into a top 4 institute but if you fell in love in class 10 and scored an 8 in your boards then all your years of undergrad and work experience goes in vain, simply because you won’t make the shortlist of major recruiters. I know friends who, even after being in top 4 B schools, have packages at 15lpa (where the average is 20) just because of a 7 pointer. In NITIE, even if u have a 7 in your career, well, you will make most of the shortlists and that too at same packages offered at those “Top B schools”.
I guess I need not say more, but alas now an argument will come," Why then NITIE is not that famous?"
Let me ask you this, have you heard about Creed? Maybe Ramon? Are you Googling it? Save the effort. These are some of the niche"est" perfumes in the world! Now do you know about AXE?, I hope you do!
NITIE is the same - a niche brand, not everyone knows of it, and not everyone needs to know about it. As it is famously said: “Rolls Royce does not put an advertisement on TV, for those who can afford it, don’t watch TV.” Our real customers, the Industry, know who we are and what we are. So how are we so confident about it?
1. Placements: Comparable to ANY B school in India, in fact, better if we leave the IVY league.
2. Competitions: All top Case competitions open in NITIE.
3. Alums: Will need a separate article to articulate about them.
4. Faculty: As it is said- Best of breed.
NITIE, standing tall on hilltops of Powai, at a height of approx. 250ft (25 storeyed building), washed by Vihar Lake and Powai lakes on two sides, Sanjay Gandhi National Park on one, a smoke-free campus, is not only a B School, it is an ecosystem in its own. Sitting in my hostel room at 11th floor (out of 16, effectively 36th floor) looking at the NITIE pond with the two mighty lakes in the backdrop and feeling the cold breeze holding my coffee cup while I work on my laptop, feels like living in Ruskin Bond’s stories. NITIE is nothing short of a gurukul, where the royal princes were sent to study. We have our academic block at the highest point on campus, and climbing those 96 stairs every day to reach the classes while overlooking Mumbai below, is nothing short of a daily pilgrim to our temple of education.
NITIE is like the Nanda Parbat of Marvel universe, where the GEMs of our nation who are discarded and neglected are picked up, shined, cut and polished to show the world what they missed. In true essence, NITIE is a Gem for GEMs.
- Ashirwad Tomar
He is a PGDIM student of NITIE for 2017-19. He has done his B Tech from HBTI, Kanpur. He has 9 months in Nucleus Software as the software engineer and 15 months in EXL services as a business analyst.
Comments
Prateek Agarwal
MBA 2019-21 Batch of IIM Ranchi
Great article
19 Jul 2019, 06.54 PM
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Siddhant Malhotra
Thank you Prateek
20 Jul 2019, 05.25 AM |
Abhilash Das
First-year MBA Student at Indian Institute of Management, Ranchi.
Nicely written!
19 Jul 2019, 07.15 PM
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Siddhant Malhotra
Thank you Abhilash
20 Jul 2019, 05.25 AM |
Ananya Das
MBA student at IIM Ranchi || Bibliophile || Public Speaker
Well written
19 Jul 2019, 08.26 PM
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Siddhant Malhotra
Thank you Anaya
20 Jul 2019, 05.25 AM |
Kundan Kumar
Kundan Kumar PGP-1st Year student at IIM, Ranchi
Well written!
19 Jul 2019, 09.39 PM
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Siddhant Malhotra
Thank you Kundan
20 Jul 2019, 05.26 AM |
ARUSHI _
Nice article
19 Jul 2019, 10.08 PM
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Siddhant Malhotra
Thank you Arushi
20 Jul 2019, 05.26 AM |
Sujeet Kumar
Student at IIM Ranchi MBA 2019-2021
Amazing story
19 Jul 2019, 10.18 PM
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Siddhant Malhotra
Thank you Sujeet
20 Jul 2019, 05.26 AM |
Mukul Sharma
I am creative person with artistic inclinations. I am a painter, an illustrator and a tattoo designer, and have achieved this through study and rigorous practice. I am also a voracious reader of a spectrum of subjects starting from psychology to down to politics, and constantly like to expose myself to new ideas. I believe the depth of the character is an evidence of the quality of life lived. My value systems have been molded by art and literature and have deeply religious undertones.
Bravo
19 Jul 2019, 10.23 PM
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Siddhant Malhotra
Thank you Mukul
20 Jul 2019, 05.27 AM |
Prajwal Singh
Very well written!
19 Jul 2019, 11.24 PM
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Siddhant Malhotra
Thank you Prajwal
20 Jul 2019, 05.27 AM |
RISHABH DHIMAN
I believe in honesty and hard work.
nicely written!
19 Jul 2019, 11.59 PM
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Siddhant Malhotra
Thank you Rishabh
20 Jul 2019, 05.28 AM |
Singh Prince Satish
A person who love to be the leader with example, love to manage the team and lead the team, dedicated & committed towards goal. Aim for high and work hard to achieve the aim.
Well written
20 Jul 2019, 12.40 AM
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Siddhant Malhotra
Thank you Prince
20 Jul 2019, 05.28 AM |
Dipika Basumatary
Appreciator of aesthetics and go-getter. PGP-MBA student at IIM Ranchi.
Great article!
20 Jul 2019, 12.10 PM
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Siddhant Malhotra
Thank you Dipika
20 Jul 2019, 12.41 PM |
ADE GOKUL
Ade Gokul, Pursuing MBA@IIM Ranchi, 2019-21
Nice Article.
20 Jul 2019, 01.38 PM
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Siddhant Malhotra
Thank you Gokul
20 Jul 2019, 02.36 PM |
Parushi Garg
Great work..
20 Jul 2019, 02.38 PM