LAST WEEK WE ASKED: Do you think smaller engineering institutes should pool together to weather slowdown during placements?
BEST RESPONSE
Smaller engineering institutes should pool together with a centralised placement cell. This placement cell can be endorsed by an university under which engineering institutes are affiliated. This will reduce hiring cost of hiring companies. Also quality talent will be available available under one roof. A centralised placement cell will attract various small companies for talent hunt in campus placements. This will weed out dilemma of visiting numerous campus for hiring.
OTHER RESPONSES
It will be a wise decision for smaller engineering institutes to pool together during placements as it will not only increase the placements record of the institutes but also it will provide the students with an option of going for the companies which do not otherwise visit their college campus. On the other hand companies will also be more satisfied now with the more number of candidates appearing for the job . This process will also save the time and money of those companies which otherwise visit these institutes individually.
Though the pooling of small institutes favor the recruiters for easy acquisition of talent, it decreases the scope of selection and makes the placement tedious. Instead, it would be better to pool the recruiting companies under single banner so that all the institutes can reach to them making the placement faster and better.
With the slowdown in hiring it is inevitable for smaller and new lesser known engineering colleges to pool their resources and organise common job festivals. This would be more convenient for the industry as they gain access to a wide pool of talent in one place and recruiters would be more willing to attend.
The collation of smaller engineering institutes might currently work to partial success given the problem at hand. But quality of freshers joining the industry remains the same and with increased strength will be added burden to already stressed job market leading to detrimental impact in future. Instead targeting the root cause of problem, i.e. tremendously enhancing the skills of graduating engineers will serve better. In totality, it is a student's career which is at stake and if they build themselves strongly out of their talent then nothing can hinder their recruitment despite how gloomy the circumstances are.
With a plethora of engineering institutes in the market these days, value of education has come down. In fact there is not much slowdown in placement but it is only an increase in ratio of fresh engineers to new job vacancies. Main point is that when small engineering institutes will work together during placements it will be good for companies as well. Working in synergy will give better output than individual institutes working alone.
Pooling of institute may only improve the placement by a whisker. What is more required is an improvement in overall guidance being imparted to the students so that quality student comes out of an institute who are also self employable. There is a huge gap between what is required by industry and what is being taught by collages. Till the time this gap persists, placement will be a problem. Moreover, Colleges can also collaborate with the corporate house, NSDC etc to develop a strong bond for placements and to understand the industry requires.
Placements are directly correlated with institutes' reputation in the young mindset. With plethora of engineering institutes mushrooming to cater the supply of the booming industry, demand has to bow down by the crunch in market scenario. Centralised placements, a pool of engineering institutes offer a good platform for recruiters to attract talent. In this cost cutting mindset of industry, it provides an ideal solution for recruiters to recruit from a group of institutes rather than approaching institutions individually. Meanwhile it helps institutes to come up with decent figure of placements rather than seeing their students not getting recruited.
Your responses should reach us at edu@business-standard.com by Monday evening every week. Please ensure that your responses do not exceed 100 words. Avoid attachments and email your full name, institute's name, batch and complete mailing address. The student who gives the 'Best Response' will be awarded Rs 500.
THIS WEEK'S QUESTION: Do you think conducting counselling sessions help institutes make students' expectations towards placement more realistic?
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