This seasonas placements saw 36 job offers being made, a drop of 40 percent from the previous year’s recruitments. 33 companies recruited PGP-Ex students from IIM-C as compared to 48 firms who hired from the earlier batch of students.
While the absence of foreign placements is indicative of the global effect of the economic slowdown, the IT and ITES sector also appears to be affected. Job offers from this sector constituted 22 percent of the total as compared to over 50 percent in last seasonas recruitments. It is notable that over 50 percent of the students had prior work experience in IT and related sectors.
The consulting sector provided 31 percentage of total job offers and this was the highest number of jobs from a sector. Sales and marketing firms made job offers constituting 22 percent of total offers. The telecom sector and general management resulted in 14 percent and eight percent of total jobs respectively. The power sector contributed the remaining three percent of job offers.
McKinsey and Co., Deloitte, IBM Consulting and PricewaterhouseCoopers (PwC) were some of the prominent consulting companies who recruited while Tata Consultancy Services (TCS) and Tech Mahindra made job offers from the IT and ITES sectors. IBM and Tata Teleservices were notable firms who made sales and marketing and telecom job offers respectively.
The PGP-Ex program at IIM-C also provided students graduating this year with the option of deferred placements. This option enables graduating students who wish to pursue entrepreneurial ventures to avail of placement in any one of two subsequent batches of PGP-Ex at IIM-C. Two students chose this option and have decided to start their own ventures. One student chose to not participate in the recruitments process and has reverted to his parent organization.