Recession: A Time to hold on to your job or explore your inner self

Before starting this piece of thought, we would like to mention that this space as the book is applicable to people who are not living on month to month and have enough savings/wealth to last a few months comfortably. Secondly, this should be read by people who think that they are in their job because of their qualification, experience, intelligence and hardwork. If someone knows that he is there because of sheer luck, timing or a favor from a relative, better stay away from this.

We keep on hearing this these days all around us. Hold on to your job !!

Be it your office colleagues, HR managers, Mass Media or even Radio Jockeys advising people on this burning issue or at least it have been made to sound one. It is so funny actually when these RJ’s who themselves are 23-25 year old kids advising people in general about what they should be doing in life but that is case with anyone who have got that authority.

Anyways, let us come back to the topic. Before writing this, we actually spoke to few CEO’s and asked a simple question.

Who is on a beneficial side during Recession: Employer or Employee and all of them were kind and honest enough to say Employer. They are getting the best talent, making them work 12-14 hrs a day and paying peanuts because the people are scared and they have been advised to “ Hold on to Your Job” by the world guru’s including RJ’s.

And we the employees do just what the capitalists want us to do. See, we are not against the capitalism but the inhumane face of it. Inspite of such a strong recession, we haven’t heard about mass suicides in USA. People who have lost their jobs still seem to go along nicely in their lives, many in India these days on vacation. Because they have a very strong social security in place and that is why we had to give the top warning. If India had same social security like USA, we shall have proposed the same with much louder voice and reaching far wider audience LEAVE THE JOB

May be this is time when you should plan for that long 1 year India trip which is your childhood dream. May be that Restaurant which you always wanted to open can be started right now or spending 6 months to renovate your house as per your likings. And anyways, your opportunity cost is lesser. Your salary has recently been cut by 30% and your working hours have increased so much that your monthly medical bills ( present and future in anticipation) are taking another 15% of your salary. So you are working at 50% of your worth. Why not use this time to pursue your dreams and once, things are normal again, we can join some Employer again if we ever need to.

So guys, here is the final word. This is the time to enjoy yourself ..Start your dream venture and do not hold on to a job which makes you miserable.

Note: We again repeat that this should be read by people who think that they are in their job because of their qualification, experience, intelligence and hardwork. If someone knows that he is there because of sheer luck, timing or a favor from a relative, better stay away from this.

( Taken from www.beceooflife.com)

Why Taking Online Tests is necessary in preparation for CAT

The preparation for CAT is incomplete before taking a lot of practice tests. Full length practice tests/Mock Tests helps a student in multiple ways:

1. Practice to work in real test conditions, so real stress, real anxiety and real tiredness

After CAT’08, one of the student brought the paper back to show to its faculty. The faculty started looking at questions and found them very easy. His first reaction was ‘ such a easy paper”. It was for sure if you also see the questions in the situation of the faculty sitting in his cabin with no stress in his mind. But when the same paper was with Student in CAT examination hall with his future in stake, the same questions looks very different. When the entrance to one the premier institutes depend upon this once performance which can take your life to new summits, things are totally different.

2.Solving 90 ( or more) questions simultaneously is a different art than solving one at a time in home

When you start studying or even working in the morning, the first 30 minutes are perfect. After that, most of us take a coffee break which keeps on happening after every 30 minutes subsequently. During CAT or any other exams like XAT, SNAP, GMAT or SNAP, you do not take coffee breaks. You need to prepare yourself for long extended hours of concentration without coffee.

3.Developing the art of leaving questions and using options

Remember CAT and almost all the entrance exams of this world are relative and objective. You need to score better than others and you need to mark one out of 5 options. There are no marks for most scientific solution so why bother to find one. If you can eliminate 4 options in a question, the last option has to be correct though you do not know why. Secondly, though you need to get over 99 percentile in CAT, the actual marks needed to get this is hardly 50%. So you are supposed to get only 50% questions correct. Unlike your school and college exams where you are habitual to score 90% thus attempting all the questions for sure, here you are supposed to get 50% marks only. So if you leave 3-4 tough questions, no harm is done to you so do that. Do not fall in love with any question.

4. Benchmarking yourself with others, as the success criteria is relative and not absolute(Percentile system).

As mentioned briefly in point 3, CAT and other MBA entrance exams follow relative grading. So you are not trying to get 50 or 90 marks out of 100, you need to get more marks than 99% of students taking that test be it 50 marks or 90 marks. In CATsinglequote06, when the quant paper was dirt easy, many of students being trained by coaching institutes were happy after attempting 10 questions correctly and movign to other section. But incedently, the CAT paper that year had a very easy Quant section adn cut off was higher than last 10 years. So you were supposed to attempt 15 questions out of 25 minimum. Hence there is no startegy regarding the expected cut off marks in a section. The expected cut off would be decide by you and other CAT takers only. So you need to know your percentile scores vis a vis the entire bunch of CAT takers. It would be real helpo if know for the past 5 months so that you can strategise your preparation accordingly.

And most importantly, you can CAT only once a year, why to take the chance in that. Practice as many tests as possible so that CAT is just an another day in office for you.

( This article is taken from www.topCATcoaching.com)