LAST WEEK WE ASKED:
Do you think extending placement process by IIMs is a good move? Why?
Extended placement process is best fit between the recruiter and student as it will make the placement process less stressful for both student and firm. Recruiters and student will get more time to interact ensuring that the final choice for both comes after taking into account factors like job profile, role and challenge . The batch size at the B-school has also increased so with extended placement process Institute will get ample time to schedule firms during placements.
- Nilaya Mitsah Shanker, Shri Ram Swaroop Memorial College Of Engineering And Management (SRMCEM), Lucknow.
It isn't worthwhile to extend the placement process by IIMs as the top companies will still prefer to pick students during that period. It will unnecessarily increase the workload of the department. The actual fun of being placed is in that limited period of time and students will still have a good fight or I should say competition to get their desired profile. The other way round could be that companies will try to be foremost in fetching the best out of the rest.
- Shivam Chhabra, Integral University, Lucknow
As job requirements become more complex, uncertainty prevails during campus placement periods. It takes more than an interview to form mutual alignment of purpose for both students and firms, which leads to a meaningful engagement. It is justified for IIMs to extend placement period as it is imperative for students and companies to take more time to evaluate the match deeply.
- Ankit Avasthi, FORE School of Management, New Delhi
I think that it would be a great decision. More interaction time with firms and stress free environment would enhance the performance of the students and help them in getting what they actually deserve.
- Sahil Manchanda, MAIT, Delhi
Today, India is facing massive and cut-throat competition from other nations, so we need competitive, suave and sophisticated managers. Extending placement process will lead the companies to judge the candidates on every aspect of competence with 100 per cent rate of acquittal characteristics. Managers are for companies and for overall economies welfare. So companies should move ahead to extend their placement process to employee the best person at the right job at the right time.
- Manav Badhwar, Amity Business School, Noida
Gauging the present scenario, almost 200,000 management graduates earn their degree every year and still there is an immense shortage of extraneous pedigree among corporates. Campus placements gives students an edge to present themselves in a more chronological manner. And so it becomes more easier for companies to select the best among them. Extended placements will thus provide an opportunity to such students who didn't able to hit the bull's eye in their first attempt due to certain shortcomings but able to grab the following chances well.
- Nandish Agarwal, Galgotias College of Engineering and Technology, Greater Noida
Placement process is expected to provide the students with an opportunity to make their choices. It is a good shift of policy for the sturdy candidates, who clearly know the roles they are eyeing. Providing the chance to select between similar profiles simultaneously facilitates creating a better understanding of available choices and weighing a stone for a stone. The placement obtained may not be as alluring monetarily, but hopefully more satisfying.
- Kritika Swarup, Department of Management Studies, Indian Institute of Technology, Delhi (IIT-D)
To accommodate more number of companies in a particular date is tough for the organisers and the number of intakes in IIMs have increased also. IIMs have better choice as companies are willing to come in institution specific dates. So institutions can extend it some more days or else they can assign particular sectors-say BFSI, consultancy firms, FMCG in each week. So companies and students can study each other properly. So at the end, because of synergy in the process, the quality of the process will be increased.
- Suvadro Chakraborty, Amrita School of Business, Coimbatore
By institutionalising the shift to the cohort-based system, IIMs perhaps marks an end to the traditional day-based placement process. As an essential feature of the cohort-based system, recruiters get much more time per candidate, thus ensuring that the final choice for both comes after taking into account factors like role and challenge. The new process typically happens over weekends, thus not disrupting the academics, but is not open-ended like the rolling placements process prevalent in foreign B-schools.
- A Bhuvana Bhimaiah, Alagappa University, Karaikudi
Being a B-school student one is well aware of the agony and pressure faced during the placement process. With the emphasis on summer internships and final placements right from the beginning of the course, the time and efforts put in actual learning takes a back seat. The investment in appearing for interviews and mulling over the outcomes is substantial. Considering that all the individual profile are build much before the placement process begins and students analyse their dream companies in advance, a student has little to do but to wait for her dream offer.
- Prashant Gupta, Department of Management Studies, IIT Delhi
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THIS WEEK'S QUESTION:
Do you think the economic scenario in western markets will impact international internships? Why?