Steel Sector

Hey am back again with a suggestion for you

"Y to Join Steel sector In India?"

Ramesh says "Every-time I hear the word Steel I think of SAIL" yes yes its the same "Steel authority of India Limited" ya thats true it hold a major share in steel sector.But let me introduce Indian Steel Industry to you first.

We should say thanks to "TATA" as Jamshetji brought a revolution in Indian Steel industry.The company name was TISCO-> TATA Iron and steel company limited shortly named as TATA steel.
It was only TISCO which did many things for employees which were later followed by other companies such as Provident fund scheme in 1920 which later became an act in 1952.Leave with pay was implemented very early.And while Britain was ongoing with 12 hours a day work TATA implemented 8 hours a day work.

If you want to enter this sector in India remember this is the dream company for you.Since its independence, India has experienced steady growth in the steel industry, thanks in part to the successive governments that have supported the industry and pushed for its robust development.After Independence another major S.A.I.L came into picture.

Steel Authority of India Limited (SAIL) is the leading steel-making company in India. It is a fully integrated iron and steel maker, producing both basic and special steels for domestic construction, engineering, power, railway, automotive and defence industries and for sale in export markets. SAIL is also among the four Maharatnas of the country's Central Public Sector Enterprises.

• Bhilai Steel Plant (BSP) in Chhattisgarh
• Durgapur Steel Plant (DSP) in West Bengal
• Rourkela Steel Plant (RSP) in Orissa
• Bokaro Steel Plant (BSL) in Jharkhand
• IISCO Steel Plant (ISP) in West Bengal

Third major in the race is VIZAG steel

Now the entry procedure for these cos. are as follows:

1).TATA steel-> only campus from IIT's NIT's BITS

2).SAIL -> both campus and off campus

3).Vizag Steel -> both campus and off campus

Recommended links:

http://www.sail.co.in/career.php

http://www.vizagsteel.com/

http://careers.tatasteel.com/

http://fw.freshersworld.com/placementweek/company.asp?cid=1329(SAIL Papers)

http://fw.freshersworld.com/placementweek/showpaper.asp?cid=1399&pid=13654&pgcount=1&prio=1(Vizag steel paper)


Depending upon queries will come up with recruitment procedure.

Hay mogambo

Actuaries,Do I like it???

Let me first introduce the subject to you what does Actuarial Science actually means else it would be very hard to follow the topic and you will lead to a disaster full career if not followed properly.Actuaril Science is the study that applies "mathematical" and "statistical" aptitudes to assess risks in "Insurance and Finance" industries.History says the need for actuaries aroused first in Insurance sector with the increase in demand for long-term insurance coverages such as burial,life insurance and annuities.With the early 20th century came the boom in pension and healthcare schemes which demanded the study to analyze how the money should be handled to pay future benefits such as annuities and death benefits to the scheme holder.So,in short actuaries were needed to postulate the data in the form so that all money is handled and invested so as to pay whatever a scheme holder is entitled to.With a knowledge of basic "maths" and "stats" which is popularly known as "M N S" in this field a person can make a data which will give a present value of future sum.The study can also be applied to other forms of insurance such as "Property,Casuality,Liability and General" Insurance.Similary the study is also applied to finance to assess financial risks and to forecast the future of industry in terms of the revenue and costs.We know that there are very less number of domains that are not affected by technology and yes actuaries is also afftected by the technology in the way that previously actuaries professionals used to prepare data sheets,tables and used to analyze so much of data which demanded so much of time and calculations that were cumbersome,but with the advent and boom in computers actuaries are now actually feeling easy in their work.From pencil-paper to punchcards to high speed devices such as computers the modelling and forecasting abilities of the actuary has grown exponentially and the actuaries needed to adjust to the new world to revolutionize this field.

Other subjects needed are
1.Programming languages
2.Finance
3.economics
4.Probability

So those people interested in these domains and find themseleves very much involved in above subjects then for you guyzz actuaries is the place to be in future.

Links:
1.http://www.actuariesindia.org/
2.http://www.actuaries.in
3.http://www.scholarshipsinindia.com/actuarial_science_course.html