Recession…Recession… cries everywhere…Pick up any news paper, read any interview of a company’s top honcho, check out any international business or news website, talks of losses, layoffs and slow down are rampant. Everyone knows something about it and everyone knows for sure that IT IS HERE!!!

Being a student of Finance this term assumes all the more relevance for me not only as a subject of interest but also due to its direct impact on my job prospects. What i have found interesting is that although all my colleagues and friends from my institute and in other institutes identify this phenomenon and have a lot of data on this but amazingly most of them do not accept it inside their hearts…they still have the same thoughts that they had before joining this MBA course. They still compare their success with the profiles and packages their senior batches have got even after all these news being read and also presented by them in different ways almost every day!

They are not able to accept that these are different times and thus the mental make-up and also related strategies there-by needs to change here too. Big companies and financial Institutions are falling apart all around them but they still are in a denial mode and are hoping for the similar conditions as one or two years before.

The idea here is to try harder than what their seniors may have done and also be a lot more flexible in accepting what the current scenario has to offer them because in any case this is a temporary phase and things will look up sooner than later. But waiting for things to be fine is not a wise thing to do…so grab the best among the available opportunities that comes your way and get started…Recession will die its natural death and you WILL get “your thing” surely tomorrow if not today.

So wear that fabulous smile of yours and start working towards it.