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Tuesday, October 10, 2006

 

Students bypassing Wall Street for India?

I would of never thought i would be reading about this. Certain students are deciding to choose internships in India over the well known New York companies. This is a shock to me because New York is the "Big time" it is the hardest place to make it, and you know if you made it here you can make it anywhere. So if all of this is true why are so many students traveling to India to go do internships? Some people said they wanted to get a different view of the way bussiness is being run, your able to get a feel for their culture as well. You get to understand how the other side of the world does things.
" Georgetown University, Stanley D. Nollen, a professor of international business at the Robert Emmett McDonough School of Business, said India was of growing interest to students.
"No longer is India thought of as a land of snake charmers and bride burnings," he said. "Now India means the world's best software services, and increasingly, pharmaceuticals and auto parts."


Many people want to try and be the first to succed over in this new economic powerhouse. They want to go before everybody hears about it and does the same thing. There are some flaws though.
"India can be a jolt to a first-time American visitor. In Gurgaon, a small town despite its tall office complexes and shiny new malls, Mr. Maldonado and Mr. Simonsen share an apartment where the power fails several times a day. Temperatures are regularly above 100 degrees Fahrenheit in the summer.
The two men said they came prepared to find inadequate infrastructure, but were not prepared for the daily frustrations of Gurgaon. There is no mass transportation system, and shopping, even for something as basic as an umbrella, can take hours. They rumble to work in an auto rickshaw - a motorized three-wheeler that seats two and is a ubiquitous form of transport in Indian cities.
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So which one do you prefer the new powerhouse, or the lights and sounds of the big city. If i had the choice i would pick the BIG CITY.

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