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Monday, March 22, 2010

A Consumer Electronic Giant called – Samsung Electronics


Samsung Electronics is the world’s largest electronic company with sales revenue of $117.4 billion in 2009. Samsung Junja (Korean word for Electronics ) is head quartered at Suwon in South Korea. It is the largest South Korean company and the flagship subsidiary of the Samsung Group. Samsung means “three stars” in Korean is truly a star in the electronic industry. http://en.wikipedia.org/wiki/Samsung_Electronics

Samsung Electronics is the 19th best global brand in 2009 surpassing its nearest competitor Sony. Samsung Electronics ranks above the giants like Apple, Nike, Citi Bank, Sony, Philips, Amazon, Pepsi, Oracle and SAP, in “Best Global Brand” ranking which is not an easy achievement for any company. Samsung’s brand value is 17,518 million US $ which is almost 78831 Crore Rupees @ exchange rate of 45 rupees per dollar. http://www.interbrand.com/best_global_brands.aspx

Samsung Electronics was founded in 1969 in Suwon, South Korea as Samsung Electric Industries, originally manufacturing electronic appliances such as TVs, calculators, refrigerators, air conditioners and washers. In 40 years span Samsung has grown to be the world’s largest technology company with revenue of $117.4 billion overtaking HP of the U.S. http://koreatimes.co.kr/www/news/special/2010/01/133_59924.html





Samsung has numerous products like Memory Chips , LCD/LED TV’s , LCD Monitors, Mobile Phones, Smart Phones, Printers, Home appliances such as Washing machine, Refrigerator ,Air Conditioners, Home theaters ,Microwave oven DVD players , Set top boxes , electronic gadgets such Digital Cameras, Digital Media Players, MP3 Players, Laptops and Telecom and Network products such as Routers, Servers WiMax Base Stations.



Samsung is the second largest mobile phone maker in the world after Nokia, beating most of the big names in mobile handset industry like LG, Sony Ericsson, Motorola, Apple and RIM (Blackberry Maker’s). Samsung has recently released open mobile platform called as “Bada” which means ocean in Korean.
http://www.fiercewireless.com/europe/pages/analyzing-worlds-10-biggest-handset-makers-q4
http://www.bada.com/




Samsung Electronics is also global leader among all LCD makers making it the largest LCD maker in the world. http://www.samsung.com/hk_en/aboutsamsung/companyprofile/businessarea/CompanyProfile_LCDBusiness.html#

Samsung Electronics’ Memory Division has firmly established as the unrivalled global player. As of the end of 2006 they have remained the world's leading memory chip maker for the past 14 years in a row.
http://www.samsung.com/hk_en/aboutsamsung/companyprofile/businessarea/CompanyProfile_SemiconductorBusiness.html#

Samsung Electronics has also considerable amount of market share in printer business being the 9th largest printer manufacturer in the world.
http://www.top10land.com/top-ten-printer-manufacturers.html



Samsung Electronics takes lots of interests in sponsoring big sporting events such as Olympics, Winter Olympics and is also official sponsor for Chelsea football club.

Wednesday, March 10, 2010

Where there is a will , there is a way


ISB , IIM-A ,IIM-B, IIM-C, IIM -Indore, XLRI , SPJain, Great Lakes are some the big names in the world of B schools in India. Most of the surveys have consistently ranked these schools among top B schools in India. These schools open door of unseen opportunities to their students. Many of us want to be into these B schools. Most of us know that cracking CAT is the only way out to get into these schools (except for ISB and Great lakes which accept GMAT scores ) .

It is not so any more , CAT is not the only way to into these schools. All of these schools have started Executive MBA's , these MBA's are normally of one year duration instead of normal two year programs . This Executive MBA is for people with atleast 5 years of work experience (except for ISB and Great lakes which entratain even people with atleast 3 year work experience also) . Executive MBA's are 1 year full time programs and are generally very aggressive, as they cover same amount of contents in 1 year as covered in two years. They have very good placement record and they also have the facility to accommodate family (in case of IIM - A , IIM -B and IIM -C ). One needs to take GMAT for admission into these schools and average GMAT score required is generally above 700 in most of these B schools. Most of the schools have, a good GMAT score , 5 year work experience and good academic record as basic admission requirement.

If we have a wish , a determination, to be into these B schools it is not too late for anybody. Every one has been given an opportunity to get into them. So if we have a decent academic record,a good 5 or more years of work experience , a zeal to be into ISB's and IIM's
go ahead and prepare for GMAT , score well , live your dream and have a great future.

I will give a list of B schools which provide 1 year full time Executive MBA's , I have prepared this list after doing lot of research using the respective institution's webpage. The amount mentioned is the total fee charged by these schools for the program , however with the salaries offered one can get back this amount in 2 year span after completion of this program. The amount also includes even family accommodation in case of IIM- A and IIM- B. This amount may also vary as I have written a rough estimate here. Please visit these institutions webpage for more details.

ISB Hyderabad – 20 lakh - 3 years of Wrk Exp

IIM-Ahemdabad- PGPX- 20 lakh - 7 years of Wrk Exp

IIM-Bangalore - Executive Post Graduate Programme in Management- 20 lakh – 7 years of Wrk Exp

IIM-Calcutta- Post Graduate Program for Executives: 14 lakh – 5 years of Wrk Exp

IIM-Lucknow- Details not mentioned

IIM-Indore - Executive Post Graduate Programme in Management - 15 lakh -5 years of Wrk Exp

IIM – Khozikode – Not very sure

XLRI – General Management Program - 12 lakh – 5 years of Wrk Exp

SPJain- Global MBA as well as non Global MBA 20 Lakh(food, hostel, fees)

SPJain India - Within 10 lakhs - 5 years of Wrk Exp

Great Lake, Chennai - 3 years of Wrk Exp , 12 lakhs

MDI

IMT – Ghaziabad