Skip to main content

Beginning education for CSC assignment in China

I have been placed in the China team for IBM's CSC (Corporate Service Corps) program. There are ten members in the team from different countries. We are supposed to be travelling to Chengdu in the Sichuan province during October-November. The program has a three month preparation period during which we need to learn about various things. For example, during the first month, we are supposed to learn about the team and also start learning about the Chinese culture, economy and business.

Till date we have had two meetings (these days early all meetings are "virtual", telephonic ones) in which we have had a chance to interact with our team members. We have also been assigned a team mentor (someone who had been to Chengdu as part of a previous CSC group).

For greater details, you can look at www.ibm.com/corporateservicecorps
Labels:

Comments

Post a Comment

Popular posts from this blog

Porfolio Structuring (PS) Step 1: Evaluate Current Status

The first step to any long term investment plan is to understand where we are at present. So, to start with you need to list down your existing networth. For example, you can have a list as follows: Provident Fund 100,000 PPF 50,000 Bank FD 50,000 Mutual Funds-Equity 150,000 Mutual Funds-Debt 50,000 Cash In Savings Account 30,000 House 2,000,000 Housing Loan -4,000,000 Others 0 Total -1,570,000 A couple of things to note here. 1. I am not calculating the value of any gold/silver jewellery that you may be having. Indians, typically are not very keen on selling their family gold/silver so it really does not count as investment. You can think of it as an additional bonus if you do have gold/silver. 2. I am including the housing loan you may have as a negative here under the assumption that that is your primary home and not a second home bought for investment purpose. Also, I am ...
Post a Comment
Read more

Oil, Liquidity and the Sensex @ 12K

The BSE Sensex – the default benchmark for the Indian equity market – touched 12,000 on Friday last week. There is a sense of euphoria, disbelief and caution in people depending on which group they belong to. There are people who have been waiting for a correction from 6000 and are amazed to see the sensex at double that. There are others who are perennial optimists and expect the market to continue giving them the returns in the way it has in the last 3 years. Milestones like 12000 are a nice point to just stand back and access the overall situation. So, what is the reality of the day? Today, the price of oil is hovering around $70 with the political situation in Iran not getting a whole lot better. Don’t think its going to come down in a while. Interest rates are showing signs of hardening. Prices of gold, silver, steel, aluminium, copper, zinc and sugar are in multi year highs. Real estate prices are going through the roof. So, in a way all asset classes are seeing handsome app...
Post a Comment
Read more

Business Outlook - Impact of Global downturn/recovery on the IT Sector

The IT sector stocks have been on a sweet spot for some time now. The US markets were improving (or rather showing signs of not going into a depression) and some semblance of business sense were returning. This was getting reflected in the valuations of the IT stocks. I think the party may be over for the time being. The currency printing frenzy in the US is more than likely to produce high inflation in the US and a weakening of the dollar. This is likely to impact the dollar arbitrage business fairly negatively for these companies. I have no idea where the dollar-rupee exchange rate will go, but even a 10% weakening of the dollar (around Rs. 40 for a greenback) would mar the prospects of remarkably. Now, let us think what what these companies can do to fend off the currency challenge. It can hedge it's currency position (net zero hedge position) Reduce it's onshore employee strength Look to increase geographic diversification (spread off into countries like Vietnam, Philippine...
Post a Comment
Read more