Gross domestic product (GDP) is the total market value of all final goods and services produced in a country in a given period of time, usually a year. It is the broadest measure of a country's economic activity. GDP can be calculated using three approaches - expenditure, value added, and income. Real GDP measures economic growth by removing inflation. While GDP is a key economic indicator, it does not account for environmental and social factors.

1. Under guidance of guidance
of, Dr. S. Bisaliah
M.A (Economics), Ph.D
(USA)
By ,
Pallav kumar sinha

2.  Gross domestic product (GDP) is an aggregate
measure of the total economic production for a
country .
It is the total “Market value” of “all
final” “goods and services” “produced” “within
a country” in a “given period of time”.

3.  Market value
 Final goods and services
 Produced within a country
 In a given time period

4. Market value
GDP is a market value—goods and services are valued at their market
prices.
e.g. To add apples and oranges, computers and popcorn, we add
the market values so we have a total value of output .
Final goods and services
GDP is the value of the final goods and services produced.
i.e. A final good (or service), is an item bought by its final user
during a specified time period.

5. Produced within a country
i.e. GDP measures production within a country—domestic
Production (either done by its own citizens or by foreigners located there)
In a given time period
i.e. GDP measures production during a specific time period,
normally a year or a quarter of a year.

6. 1. Expenditure method i.e. expenditure by households , firms and governments
together . Four components:
1. Consumption (C)
2. Investment (I)
3. Government Purchases (G)
4. Net Exports (NX)
5. GDP(Y)
2. Value-added method : Add “value - added” by firms together . i.e value – added =
value of goods produced by firm – value of intermediate goods used to produce it.
3. Income method : National income is obtained by summing up the national income of all
individuals of a nation.
GDP at factor cost = rent + wages +interests + profits

7.  Nominal GDP values the production of goods and
services at current prices.
It is not corrected for inflation
 Real GDP values the production of goods and
services at constant prices or base year price .
It is corrected for inflation
 We use real GDP to calculate the economic growth rate. The economic
growth rate is the percentage change in the quantity of goods and services
produced from one year to the next.

8. The Gross Domestic Product per capita in
India was last recorded at 5238.02 £ in 2013,
when adjusted by purchasing power parity
(PPP).The GDP per Capita, in India, when
adjusted by Purchasing Power Parity is
equivalent to 29 percent of the world's
average. GDP per capita PPP in India averaged
3074.12 USD from 1990 until 2013, reaching an
all time high of 5238.02 USD in 2013 and a
record low of 1795.44 USD in 1991. GDP per
capita PPP in India is reported by the World
Bank.

9.  GDP is the best single measure of the economic well-being of a society.
 Real GDP per capita is the main indicator of the average person’s standard of
living.
 Higher GDP per person indicates a higher standard of living.
 But GDP is not a perfect measure of well-being . It measures everything, in short,
except that which makes life worthwhile, and it can tell us everything about India
except why we are proud that we are Indians.”
 As it doesn’t counts :
i. The value of leisure.
ii. The value of a clean environment.
iii. The value of almost all activity that takes place outside of markets, such as
the value of the time parents spend with their children and the value of
volunteer work
iv. GDP excludes most items that are produced and consumed at home and that
never enter the marketplace.
v. It excludes items produced and sold illicitly, such as illegal drugs

10.  Lesser Demand in Market
 Hence Lesser Production
 Hence Fewer Jobs
 Hence Fewer Promotions
 Salary Cuts and even Lay Offs
 That is, Lack of Opportunities

11.  The MBA program originated in the United States in the late 19th
century as the country was undergoing rapid industrialization and
companies sought out scientific approaches to management .
 The program gained immense popularity in US and grew rapidly.
 MBA entered in India in 1957.
 Post liberalization period (post 1992) in India saw a surge in the no
of B-schools. MBA became the most coveted professional degree.
No of MBAs grew from a mere 700 per year in 1961 to 100,000+ in
2011

14. GDP growth rate in last ten years
5.4
3.9
8
7.1
9.5 9.6
9.3
6.7
8.6
8.9
6.7
4.5 4.7
2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14
GDP at Factor cost

15. National Bureau of Economic Research (NBER) defines it
as:
“A significant decline in activity spread across the
economy, lasting more than a few months, visible in industrial
production, employment, real income, and wholesale-retail
trade”
“… and it begins just after the economy reaches a peak of
activity and ends as the economy reaches a trough. Between
trough and peak, the economy is in an expansion

16. According to International Monetary Fund(IMF),
“Recession is the economy shrinking for two
consecutive quarters (6 months) with a
decrease in the GDP”

17. Period Time (in
months)October 1926 to November
1927
13
August 1929 to March 1933 43
May 1937 to June 1938 13
February 1945 to October 1945 8
November 1948 to October
1949
11
July 1953 to May 1954 10
August 1957 to April 1958 8
April 1960 to February 1961 10
December 1969 to November
197
11
November 1973 to March 1975 16
January 1980 to July 1980 6
July 1981 to November 1982 16
July 1990 to March 1991 8
March 2001 to November 2001 8

18.  Thus we can say Recession is not a new thing but a regular phenomenon
that occurs from time to time .In fact, the world has already seen around 14
recessions since 1925 and They have lasted, on an average, for around
13months!!!
 The global recession in 2008-2009 was a bitter shock to the MBA
graduates, as many lost their jobs and businesses went bankrupt. But in the
post recession period, the demand for quality MBAs has revived, with
even better roles and salaries. This shows that MBA is here to stay and that
MBA is not a dying program, rather it is still in its growth phase .

19.  MBA as a degree evolved due to the needs generated by the rapid industrialization in US.
Hence its utility lies in the basic need of the industry – scientific approaches in management.
 MBA empowers professional with an in depth knowledge and prowess of specific areas
such as Finance, Marketing, HR etc.
 MBA’s with their knowledge and skills help industries develop better processes, provide
better services, bring in novel ideas and inculcate innovation – thereby making the business
more profitable.
 With rapid advancement in Technology the requirement for more adaptive and
technologically well versed MBAs is becoming imperative. As MBA is constantly evolving
and aligning itself with these needs, recruiters are getting the right fits from the MBA
graduates.
 Over the years MBA graduates have grabbed the highest compensation packages from the
leading players in the industry-which shows the continued confidence of the industry in their
abilities and their utility

20.  In India, for example, a country with an economy booming along at around
4.8 per cent GDP growth, starting salaries are shockingly low. Indian
citizens who graduated from full-time two-year MBA programs earn an
average starting salary of $34,988, according to GMAC’s report.
 The development economics suggests that during the stages of development
share of service sector in the GDP increases with the development while
that of primary sector decreases. With services leading the world economic
growth, they are being regarded as the engine of growth as well as the
necessary concomitant for economic growth.
 India's economy which grew 5.7 per cent in the April-June quarter, highest
in the past two-and-a-half years, India Inc. today said it expects the GDP to
pick up further on the back of conducive investment policies and execution
of reforms by government.

21.  "It (the GDP) will only pick up further and the Indian economy is well
poised to reach six per cent or may even cross the six per cent mark for the
full financial year 2014-15," Assocham President Rana Kapoor said.
 India’s own GDP is poised to expand by as much as four times during the
next 10 years, so will be the need for business leaders. These leaders need
to be groomed to be successful in the Indian culture.

22.  MBA in Hospital Management
 MBA in Entrepreneurship
 MBA in Real Estate
 MBA in Information Technology
 MBA in International Business
 MBA in Communications
 MBA in HR.

24. B.E. (Mech)
Karnataka
Regional
Engg.
College
B.A. (Eco)
St. Stephen’s
College
B.Sc.
(Physics)
Kerala
University
B.A. (Eco)
St. Stephen’s
College
B.Sc. (Chem)
Madras
Christian
College
MBA
IIM - A
MBA
FMS
MBA
IIM - C
MBA
IIM – A
MBA
IIM - C
Former
MD
ICICI Bank
Former
MD
Microsoft
Founder &
CEO
Rediff.co
m
Founder &
CEO
Naukri.co
m
CEO
PepsiCo
K.V.
Kamath
Neelam
Dhawan
Ajit
Balakrishn
an
Sanjeev
Bhikchand
ani
Indra Nooyi

25. PLACEMENT TRENDS
YEARS (CLASS
OF)
2010 2011 2012 2013 2014
Class size 568 569 574 762 766
Avg. Age 27 27 27 27 27
Avg. Work Exp. 5 5 5 5 5
No. of Students 552 552 559 741 759
No. of Companies 346 310 348 423 350
Total offers 541 661 631 819 884
International offers 60 84 92 63 68

26. 120 124
130
122 119 119
180 178
134
146
STUDENTS ADMITTED TO MPBIM
2005-07 2006-08 2007-09 2008-10 2009-11
2010-12 2011-13 2012-14 2013-15 2014-16

27. 84 87
91
85 83 84
126
122
0 0
PLACEMENTS OCCURRED
ChartTitle
2005-07 2006-08 2007-09 2008-10 2009-11 2010-12 2011-13 2012-14 2013-15 2014-16

28. 2001-02
2002-03
2003-04
2004-05
2005-06
2006-07
2007-08
2008-09
2009-10
2010-11
2011-12
2012-13
2013-14
0
20
40
60
80
100
120
140
160
180
GDP at Factor cost YearStudents admitted to MPBIM YearPlacements occurred
2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14

29. INDUSTRY WISE 2010 2011 2012 2013 2014
Consulting 27 32 30 21 20
Banks/Financial Services 16 12 4 9 8
FMCG/Retail/Consumer Durables 3 4 8 4 2
IT/ITES 26 24 28 37 28
Diversified 2
Chemical/Fertilizers/Pesticides 1 1 1
Real Estate/Infrastructure/Construction 6 5 2 4 3
E-commerce 9
Education/Training/Teaching 1 1 1
Engineering 3
Govt/PSUs/NGOs/Forces/Services 1
Manufacturing 4 6 4 3
High Technology Electronics/Service 2 0 1 1 1
Oil/Energy/ Petroleum/Minerals 4 5 1 2 2
Pharma/Biotech/Healthcare/Hospitals 4 4 7 7 9
Advt/Media/Comm/PR/Entertainment 2 3 1 2 5
Telecom 3 1 2
Others 8 6 7 5 3
Insurance 0 1

30. FUNCTION WISE 2010 2011 2012 2013 2014
Consulting 31 36 35 27 24
Finance 14 12 6 7 8
General Management 10 12 13 12 20
Technology 16 5 4 6 2
Sales & Marketing 17 20 23 21 18
Business Research 2 1
Others 5 8 10 14 19
Operations 5 5 6 7 8
Human Resources 1 1 1
Analytics 1 4 1
Engineering 1 1

31. So we can say this is the correct time to make a
wise decision and nurture our
future in a better way by joining MBA
and excelling in academics
“Education is a very
crucial investment;
especially at this time”

32. Thank you
