Where Have All The Jobs Gone
June 10, 2009 – 12:31 pmTier II B-schools are going through a tough time this placement season. B-school graduates, till recently, enjoyed an enviable status — the cream of the management team every company hired, the degree every parent wanted their child to have, job offers graduates from other stream of professions aspired for and of course, the salaries and bonuses one could only dream of. A look at this year’s placement season could perhaps change this perception of B-school graduates. The year-on-year hike in average salaries came crashing down to modest pay checks with average profiles in good old PSUs. Forget the seven figure salaries and a wide variety of jobs to choose from, a majority of B-school students these days are content just being placed.
Last year, the placement session at most of the second rung B-Schools lasted for about 10 days. However, this year some B-schools such as International Management Institute, New Delhi; Skyline Business School, New Delhi; Birla Institute of Management and Technology, Greater Noida; TA Pai Management Institute (Tapmi), Manipal are still trying to place their students (the placement season at all B-schools start in March).
Students are willing to settle for less CTCs and even take chances with non-descript companies and government jobs since a majority of top recruiters comprised PSUs and start-ups this year.
Source:http://www.businessworld.in/index.php/B-School/Where-Have-All-The.html