Education advice - Counselling for Career-37

Q.
I am pursuing an MBA (hospital administration), a five-year integrated course from the Institute of Management Studies (IMS), Devi Ahilya University, Indore. I passed my MAT and qualified GD/PI for admission to IIHMR, Delhi for PGDHM (post-graduate diploma in hospital management). I have an option to switch to this course because I have completed my BBA (hospital administration). Please advise whether pursuing MBA (hospital administration) from IMS, Indore or pursuing PGDHM from IIHMR, Delhi, would be better. Kindly also advise whether after pursuing PGDHM I would be eligible for registration to PhD or not. -Aakanksha Uttam

A.
MBA in hospital management is a good programme. So, there is really no need for you to change over to another institute. IIHMR, Delhi offers a good and well-recognised programme, but it is a PG diploma, while your course is a Master’s degree awarded by a university. You can do a PhD after an MBA programme, because it is a Master’s degree, but not after a PG diploma.
Q.
I have given my final year’s exam in history and economics from DU through correspondence. I’ll be preparing for the UPSC exams but I am not interested in history and economics as a subject combination. Is it possible that I opt for sociology and public administration, even if I haven’t studied these at school and graduation level? Please advise. — Medhavi Gulati

A.
For entering into any of the administrative services through the UPSC exams you do not need any particular subject; you can be a graduate in any subject. Many students who sit for the civil services exam do graduation in subjects like history, sociology and political science because they feel these are more ‘scoring’ subjects. You need to keep in mind that you require detailed academic knowledge of least two subjects for the exam, in which you can score high marks. Since you have studied history and economics in your graduation, it is most likely that your knowledge of these two subjects will be good, and building the same level of knowledge in another two subjects may be a tedious and time-consuming task. However, you can do so. The complete list of subjects for the civil services exam is given in the UPSC website www.upsc.gov.in. Selection for the civil services takes place in three stages: a preliminary examination, a main examination, and a personality test/ interview. The preliminary exam held in May/June is of two papers on general studies, and an optional subject from a list of around 22 different subjects: agriculture, animal husbandry and veterinary science, anthropology, botany, chemistry, civil engineering, commerce and accountancy, economics, electrical engineering, geography, geology, Indian history, law, management, mathematics, mechanical engineering, medical science, philosophy, physics, political science and international relations, psychology, public administration, sociology, statistics and zoology. Similarly you have to choose two of these subjects in the mains exam, too. The main exam consists of eight papers and is held around November/December each year. The mains exam comprises of two language papers, one in English and the other in an optional Indian language, two general studies papers, and four papers on two optional subjects. These examinations papers are all subjective or essay type papers. The general studies papers cover topics related to current events of national and international importance, Indian history and geography, as well as topics in general science. Those who pass this test qualify for the final stage which is an oral interview, which enables an expert panel to judge first-hand, not only the intellectual qualities of the candidate, but also his / her social skills, mental alertness, and above all, leadership and moral integrity. Entry into any of the 32 different civil services is made on the basis of your options and the ranking in the civil services exam. It is also important to do a reality check – keeping in mind that to qualify in the civil services exam, you need to be an above average student, extremely hard-working and persevering. Lakhs of students appear for civil services examination but only 700-800 get selected. In fact vacancies to the civil services have been slowly dwindling and the numbers being recruited have drastically fallen.
Q.
I am a B Com graduate residing in Mumbai. I have done a one-year diploma course in finance. I have worked with registrar and transfer agents in the legal department for two-and-a-half years. I want to do a course in forex management(distance learning) from an institute in Mumbai, which will fetch me a job with a handsome salary. Please suggest a reputable institute or course for the same. — Shrutika

A.
There are several courses on capital markets, treasury management and financial planning that also cover training in foreign exchange offered by institutes such as the Indian Institute of Capital markets, Vashi, Navi Mumbai www.utiicm.com, which offers a six-month part-time postgraduate diploma in financial engineering and risk management which covers forex and commodities. Classes are held on weekends and holidays. Bombay Stock Exchange Training Institute, www.bseindia.com/training also known as BTI, runs a three-month part time certificate programme on capital markets jointly with the Jamnalal Bajaj Institute of Management Studies, which is a highly popular programme in the Indian financial markets. The University of Mumbai awards certificate to successful participants of this programme. Any graduate can take up this programme. There is also a six month to 1 year PG diploma in financial and Investment Planning offerd by BTI and open to all graduates. The Institute of Chartered Financial Analysts of India (ICFAI) has a PG diploma in Treasury and Forex Management In addition, Welingkar Institute offers a diploma in commodities market (DICM) for working executives from banks and brokerage houses and students who are doing or planning to do their post graduation (mainly in management). The Institute of Chartered Accountants of India (ICAI) also offers a certificate course on forex and treasury management, which is a weekend programme at many of their centres. ICFAI Universitys PG diploma programme in treasury and forex management covers all the important topics related to treasury and foreign exchange management. Check www.icfaiuniversity.in. Those who complete the programme are issued a certificate of The Association of Certified Treasury Managers. This institute offers a PG Diploma in treasury and forex management - 52, Nagarjuna Hills, Hyderabad 50008. Tel: 040 23435368, www.actmindia.org Most of these programmes are delivered through part-time or weekend classes, so if you are looking for a distance-learning course, you can find several online programmes.

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