In the indication it became one year ‘revenge placement’, such as ‘revenge tourism’ last year, the management school throughout the country managed to put all their students in a few hours from the placement season taking off.
With war for fierce talent after two years of recruitment, slow industrial growth and resignation pandemics, many listed recruiters must stop their journey and return.
Reason? Campuses run out of students to be placed.
Imagine this: at the Jamnalal Bajaj Institute of Management Studies (JBIMs), the final placement ends in three days.
Of the 112 registered companies, 57 must be sent an apology letter, said Director Srinivasan Iyengar.
“We regret to tell you that the Jbims 2022 batch has completed the process of placement last, and all the students do it out.
This anomaly is caused by a surge in the number of offers made by companies in various industries.
This has affected every process of placing B-schools for the country This, with JBIMs is no exception, which cannot accommodate many of his legacy recruiters, “Read the apology note.
The Indian Management Institute which was closed placement also saw a similar trend.
“It has been a year of revenge, just as revenge,” Professor Debashis Chatterjee, Director of Iim Kozhikode, briefly.
What it took six days last year was completed in three times.
Apart from the increase in batch size and a more diverse program portfolio, the average salary increases substantially and the season witnesses record settings that employ from the PGP initial batch in Liberal & PGP studies in the financial sector.
Market signals for recovery are very strong.
IIM Kozhikode has surpassed a normal increase in job markers with a large margin, “Chatterjee added.
At Iim Indore, the placement season was wrapped in the” time of note “.
When the economy witnessed progress, Marquee recruiters made a very high number of offers, said Himanshu Rai, director Iim indore.
“The very successful placement season means that there are several companies that are very excited to recruit from iim indore but cannot be due to the momentum of intense placement.
There are a large number of such companies, but we are exploring parallel modes from the company’s involvement when we look to build a leading cohort of recruitment partners for the future, “said a spokesman for the Institute.
This year, the NMIMS Mumbai business management school requires 8 days to place all students For the last placement for MBA Core and MBA HR compared to almost three weeks ago.
“The company competes to recruit large amounts; 30% of batches are placed through the PPO route, indicating the excellent performance of our students in their summer internships, “said Dean Prashant Mishra.