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The Indian Institutes of Management are getting innovative with their placement process to beat recession. IIM-Indore has partnered with some placement consultancy firms to help 100-130 participants who might look for jobs at the end of placements. Anmol Bhalla, coordinator (placement committee) IIM-Indore, said; the idea is to get jobs in line with students expectations, both in terms of profiles and salaries. As the number of regular recruiters is likely to drop this year, IIM-Kozhikode is allowing students to accept only one offer as compared to previous years when each student was spoilt for choice. Recruiters have definitely become more cautious, said G. Sridhar, chairperson, placements, IIM Kozhikode. Many regular recruiters, who previously hired in large numbers, have decreased their hiring and many others have declined to participate in placements this year. Similarly, IIM-Bangalore, has tweaked its placement process this year.
Placements 2012 at IIM-B will be held only on weekends, replacing the earlier process where placements were carried out for five days without a break. Many more new sectors and areas have been added like e-commerce, human resources, among others, aid Rajesh Aithal, chairperson, placements at IIM Lucknow. Atreyi Bose, member, student placement committee, IIM Ahmedabad, said; we are reaching out to new companies and sectors which students have shown interest in joining. “Companies are still sourcing for talent from campuses and are keen to be a part of the process”, Bose added. While companies are more skeptical than they were in 2009, it is a good sign that they have not stopped hiring; Sridhar said. It will take slightly longer than usual to place the entire batch this year.Thinking out of the box:IIM-A will expand its placement scope to reach new companies and sectors. Same is the case with IIM-Lucknow, IIM-Indore has partnered with placement consultancy firms to help 100-130 participants who might need help at the end of placements at IIM-Kozhikode, students will be allowed to accept only one offer. In previous years, each student was spoilt for choice IIM-Bangalore will hold the placements process only on weekends. Earlier, it was held over five days without a break.IIM-A student shuns offers, to take on hackers:This Gandhi talk’s business and hopes to make money as a computer hacker, albeit an ethical one. Meet Mohan Gandhi, a student of the flagship programme at the IIM-A, who has decided to shun lucrative job offers and stay out of campus placements. Gandhi wants to apply his skills to protect sensitive corporate data as well as the data of government departments and PSUs from hacker’s.
Courtesy: Times of India
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