Job scene: Lateral placement at IIM-C dips; finals on Mon

Here is news for the MBA clan. As far as lateral placements go this year, it's a mixed verdict from IIM Calcutta. More companies have come in to recruit, but the number of offers extended has declined, find Mitra Joshi and Ashmit Kumar.
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Feb 21, 2012, 08.21 AM | Source: CNBC-TV18

Job scene: Lateral placement at IIM-C dips; finals on Mon

Here is news for the MBA clan. As far as lateral placements go this year, it's a mixed verdict from IIM Calcutta. More companies have come in to recruit, but the number of offers extended has declined, find Mitra Joshi and Ashmit Kumar.

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Job scene: Lateral placement at IIM-C dips; finals on Mon

Here is news for the MBA clan. As far as lateral placements go this year, it's a mixed verdict from IIM Calcutta. More companies have come in to recruit, but the number of offers extended has declined, find Mitra Joshi and Ashmit Kumar.

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Reporter, CNBC-TV18 |

Here is news for the MBA clan. As far as lateral placements go this year, it's a mixed verdict from IIM Calcutta. More companies have come in to recruit, but the number of offers extended has declined, find Mitra Joshi and Ashmit Kumar.

Amit Dhiman, placement chairperson at IIM-C says, “In terms of number of companies and diversity of companies have gone upwards but the number of offers from each recruiters, those who participated last time also has come down comparatively.”

According to him, it is a reflection of what's happening in the overall economy. “There's some uncertainty and that reflects. Companies have not been very ambitious in offering jobs across many sectors,” he says.

CNBC-TV18 lays down the figures:

55 companies came to the campus for recruitment this year compared to 47 last year.

These included Microsoft, Google, Infosys, Amazon, Flipkart, Snapdeal, Zynga, Accenture, Capgemini and PWC among others.

But out of 208 students eligible as lateral candidates, only 51% have got job offers. That is a fall compared to last year.

Sectors like e-commerce, IT, consulting and private equity firms recruited most of the lateral students on campus.

IIM-Calcutta  also says international offers have been on a decline.  However, newer Indian companies seem to be stepping in to fill the vacuum.

“You will have new entrants for campus recruitments relatively in large numbers from past years. And these are going to be Indian companies, relatively smaller in size, which will go to these A-grade management institutions and pick up people,” says Pankaj Bansal, CEO and co-founder, PeopleStrong.

All eyes are now on how the final placements fare that start this Monday. Experts, on their part, assure despite the uncertain business environment that companies are always keen on good talent and the outcome should be positive.

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Job scene: Lateral placement at IIM-C dips; finals on Mon

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