One great benefit of a quality graduate management education is the potential for career mobility. Therefore, it's important to understand how the job placement process works. At most top Indian business schools, the institution plays an active role in facilitating job placement for its graduates. While this process is managed by the Placement / Career Services department of the school, students actively contribute by volunteering their time and ideas toward making the job placement process better.
Given the huge importance of job placement in determining the attractiveness of a business school in India, in addition to the Placement / Career Services department and student volunteers, senior faculty members, leadership of the business school, as well as prominent alumni of the school also play an important role in ensuring a successful placement.
In traditional two-year management programs, the Placement / Career Services department also helps students secure summer internships at the end of the first year of study. This process provides the school, the students, and the corporate recruiters an opportunity to interact with each other. And many times recruiters offer students jobs after they complete their studies based on their performance during the internship.
When Does the Job Placement Process Begin?
Typically, the job placement process begins during January-February of the year in which the students would be graduating, and lasts only a few days. The process involves Indian and multi-national companies across sectors. Many of these companies invest significant time and money to build relationships with the school and students, including delivery of pre-placement talks in the three to four months prior to "placement week," as it is sometimes referred.
Indian Students Are Accepting Jobs Across the Globe with Top Companies
Corporate recruiters representing sectors such as Consulting, Banking and Financial Services, IT, Fast Moving Consumer Goods, Consumer Durables, Media and Entertainment, Telecom, Retail, Advertising, and Hospitality dominate the job placement process, and at most top schools the entire graduating class is placed within a few days of the process starting. Candidates with considerable relevant work experience are considered for lateral hiring at middle-management roles, while candidates with no or limited experience would generally be hired as management interns / associates.
Jobs are now being offered from Indian schools for locations across the world and with the best companies in their sectors. While it is difficult to draw out a secular trend, job offers for foreign locations with top-tier firms have either held steady or are growing at the schools. Meanwhile, mean average salaries graduating classes are rising.