Education During Recession

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  • 1.WE LC O M E TU D E N TS & P AR E N T

2. PLEASE SWITCH OFFOR CHANGE TOSILENT MODETHANK YOU 3. Quote We need to worry about the future, since that is where we are going to spend most of our time Mark Twain 4. Few Famous Indians in the world 5. The world is always moved byIndians 6. A period of general and sustained economicdecline 7. Slowing down of every economic activity In a recession many things fall together- production, employment, prices, and business profits Business go bust, and this can lead to runs on banks and a crisis in the financial system 8. Contradictory opinions are provided by economists for causes of Recession. A school of thought blames it on Higher Savings and Less Expenditure Others thought it as an outcome of Excessive Spending 9. Recession needs swift action: ObamaPress Trust of India, Wednesday, January 21, 2009, 12:44 AM (Washington)"From everywhere we look, there is work to bedone" Obama said in his inaugural address The state of the economy calls for action, boldand swift, and we will act -- not only to createNew jobs, but to lay a new foundation for growth," Obama has proposed a mega stimulus packageto revive the US economy. The plan proposes tocreate three to four million jobs in the US."Today I say to you that the challenges we faceare real. They are serious and they are many. Mr. Barack Obama President USAThey will not be met easily or in a short span oftime. But know this, America they will be met,"Obama 10. Brown admits recession could last until 2011The Prime Minister announced plans to create100,000 jobs in the public sector and promisedfresh moves to force banks to resume lending tobusinesses. He will tour potential unemployment black spotssetting out moves to boost employment in"green" and hi-tech jobs. Plans are also being considered to give cash toMr. Gordon Brownstruggling firmsBritish Prime Minister. Mr Brown conceded the downturn could lastuntil 2011. 11. Australia will avoid recession: RuddPrime Minister Kevin Rudd says he is confident Australia will avoid a recession despite predictions of rising unemployment and the global financial crisis hurting other countries.The prime minister said he agreed with Reserve Bank of Australia (RBA) deputy governor Ric Battellino's comments on Thursday that Australia was well placed to cope with theMr. Kevin Ruddglobal downturn and could avoid Australia Prime Ministera recession. Source: The Sydney Morning Herald 12. No question of recession in India: Manmohan Putting up a brave front in the face ofglobal meltdown, Prime Minister ManmohanSingh said that the Government is watchingthe situation on a day-to-day andhour-to-hour basis and asserted that thereis no question of recession in India.Replying to a volley of questions on thepressures on Indian economy due tointernational financial crisis, Singh saidthat though capital outflows were puttingpressure on the liquidity and the rupee,Indian banking system was not affected Mr. Manmohan Singh Prime Minister India as much as elsewhere.Source: Indian Express 13. WHAT TO DO TO REDUCE IMPACT IN INDIA Try to spend less and save more You can certainly expect lower prices ofessentials like houses, consumer goods,computers, buy them if you have sparemoney Keep plan ready your budget for worstsituation 14. It is a good opportunity for many to invest in sharemarket and in housing as the prices are very low. Try to invest in yourself to improve your skills, so that after recession you should be the first to grab the right opportunity.(The time is right to pursue your overseas education) 15. Students opt to study abroad to wait out recession 2 Dec 2008, 0012 hrs IST, Shruthi Balakrishna, TNN The global meltdown has hit industry hard.Students despite making it through campusrecruitments, are unsure whether they will getconfirmed offers. With such uncertainties prevailing in the jobmarket, many of them have decided to pursuehigher education in India and abroad. Mr. L Dhanasekaran,Head of Education UK, Mr. L Dhanasekaran, head of Education UK, southSouth India,India, told TOI that the number of visas issuedfrom south India for students applying for UK inSeptember 2007 was 6,846. 16. Students opt to study abroad to wait out recession 2 Dec 2008, 0012 hrs IST, Shruthi Balakrishna, TNN The number has shot up by 5,000 since last year. In September this year, the number of visas issued was 11,126. "Overall, 31,000 Indians are studying in UK," he said. Students preferred courses are MBA, IT, engineering, and applied sciences such as biotechnology, microbiology, pharmacy, physiotherapy, social science, law and journalism. "Considering the present situation, students prefer to study than take up a job. It may take more than a year for the market to come to normal. By then, the students will not only have an international degree but chances of getting jobs would be brighter," Mr. L Dhanasekaran said. 17. Students opt to study abroad to wait out recession 2 Dec 2008, 0012 hrs IST, Shruthi Balakrishna, TNN The next hot destination for students to pursue higher studies is Australia. Data provided by IDP education showed that the first half of 2008 saw 25,000 admissions of Indian students in various institutions in Australia. This is a growth of 50% compared to the same period in 2007. Popular courses are MBA; hospitality, such as commercial cookery and patisserie; and pilot training. Students have also inquired about salon management, criminology, biotechnology, forensics, community welfare and horticulture."Queensland, Western Australia and South Australia have also registered a significant increase in Indian students. This is because they come from a fast developing country that needs skilled and trained workforce." 18. Recession hits placements in city 7 Dec 2008, 0239 hrs IST, Nikhila Henry, TNN Some of the city's leading engineering colleges that boasted of 100 per cent placements last year could not muster 60 per cent job offers this year. When contacted, Vasavi college placement officer Mr. C Madhav Rao said this year only 28 companies have offered jobs till date, while last year by this time 60 firms handed out employment offers to its students. Of 600 students, around 390 have got call letters though no joining dates have been mentioned. 19. www.timesofindia.indiatimes.comRecession hits placements in city7 Dec 2008, 0239 hrs IST, Nikhila Henry, TNN Authorities said, students were going in for What is weighing down on the present batch higher studies as there were not many job of students is the fact that their seniors apply offers. "Many students are planning to for higher studies," CBIT Principal, have not yet got their joining dates though Mr. Chenna Keshav Rao told TOI. they passed out in May, 2008. "This hasAccording to him, many of the 543 students scared the present batch," Keshav Rao said.who have got offer letters in the first phase Mr. Chenna Keshav Rao Principal - CBITThe appointment go abroad as they feelare planning to date of as many as 60appointments might be delayed. students has been deferred till October, 2009. 20. STUDY IN UK 21. Advantages Of UK Education High standard of education Internationally accepted and recognized qualifications Wide variety of courses Scholarships Career prospects Masters Program is 1 year 22. Course Fee Course fee varies from University to University. Approximately 8000 (Rs. 6 lakhs) to 9000 (Rs. 7 lakhs) per annum. 23. Eligibility for Admission to UK Bachelors Degree in relevant discipline IELTS of 6.0 bands out of 9.0 accepted in UK TOEFL iBT of 80 out of 120 accepted in UK 24. Part Time Remuneration A student is allowed to work 20 hours a week in termtime and full time in university vacations. UKAverage - 5 /- to 8 /- per hour (Rs. 350/- to Rs. 570/- per hour)Currency Conversion - 1 = Rs.70/- 25. International Graduate Scheme This scheme allows students to stay in the UK for up to 12 months after graduation to seek employment. This Scheme allows a student of any discipline to apply. Before the IGS visa expires you can apply to switch into Work Permit or Tier 1 (General) Highly Skilled Workers. 26. UK 1. Engineer 2. Environmental consultant 3. Cosmetologist 4. Public relations specialist 5. Human resource professional 6. Advertising executive 7. Teacher 8. Accountant 9. Counselor 10.Data communications analyst 27. Work Permit The most important thing to understand in UK work permits is that in the UK the employer applies for the work permit and the work permit is granted for a particular employee. If you are an individual hoping to work in the UK, you cannot apply for a work permit. If you have a work permit for the UK, you can't change jobs without getting a new work permit. 28. Tier 1(General) Highly Skilled Workers Designed to allow highly skilled people to come to the UnitedKingdom to look for work or self-employment opportunities. Unlike work permits you do not need a job offer to apply. You are awarded points based on your qualifications, previous earnings, United Kingdom experience, age, Englishlanguage, and available funds. 29. Tier 1(General) Highly Skilled Workers & Work Permit For more details, please visit: 30. Skip Intro 31. Sophisticated... Technologically advanced Scientifically advanced Impressive record of innovations & Strong new economyHighly trained culturally diverse and multi-lingual workforce 32. 8 States and Territories Capital of Australia Canberra Language English 33. Education Australia ranks 3rd in the English speaking world as an international student destination According to Australian Education International (AEI), in the last year, 40,010 Indian students enrolled in Australian educational institutions, a 55 percent i