Business schools across India have successfully conducted virtual summer placements and bag a good number of offers even amidst the ongoing Covid-19 pandemic. Internship opportunities are provided to 1st-year management students in the summer placement drive.
As per reports, around 20-30% of the pre-placement offers received by students come through summer internships. Hence summer internships play a major part in placing students in a better position during the final placement process.
Read More: IIM Ahmedabad: Vedanta, TCS Top Recruiter in 3rd Cluster of Summer Placement; Check Details Here
With the impact of the pandemic in revenue streams and decrease in employment requirement of corporates, B-schools were expecting an impact on the placements. However, by initiating a slew of measures like extending the placement window, making the entire process virtual, and inviting more companies, Business schools ensured a smooth and seamless placement process.
To ensure that there are no disruptions in its placement process, IIM Calcutta revamped the entire structure to create 3 clusters scheduled on November 23, 26, and 28. The clusters were ranked by student preference and based on the business competencies of the firm.
Abhishek Goel, Chairperson CDPO said, “The key task in the uncertain situation was to maintain an easy flow of information and impart clarity to all stakeholders to help them quickly arrive at decisions. The student team did a wonderful job to create a multi-tier communication and coordination system while maintaining our very high internal standards for all stakeholders. Our technical processes are very robust that could successfully deal with a fully online placement process or any mix thereof,”
Read More: IIM Calcutta Records 100 percent Summer Internship Placements Amid Pandemic, Check Details Here
IIM Shillong too reached out to a larger number of recruiters and planned the whole process in advance. Chairperson of Students Affairs, IIM Shillong, Prof Rohit Joshi said given the situation, it became necessary to reach out to a larger number of businesses.
Further, since many firms were hit with the pandemic, the committee planned all the placement related activities in advance to ensure a smooth process for both students and recruiters. Professor Rohit Joshi said that due to the virtual process aptitude tests and psychometric tests have replaced group discussions and personal interviews.
Dr. Roopa Adyasha from IIM Bangalore said that continued support from recruiters, students, and the teamwork of all the stakeholders ensure a successful placement session.
Most Business schools witnessed good participation from all major sectors. Prof Omkumar Krishnan of IIM Kozhikode said that 144 companies offered jobs to 541 students in the institute. This was the largest batch from the institute.
He said that this proved the ability of top Business schools to secure a mandate of offers even in challenging environments such as those brought by the Covid-19 pandemic.
Business schools across are expecting good final placements. Rohit Joshi of IIM Shillong said, “Our experience from the summer season has certainly provided us insights while preparing for the final campus drive. Business activity seems to have picked up post-Diwali and the recovery is only going to be stronger once the New Year kicks in. We do expect to once again witness a highly successful placement season,”
Prof Goel of IIM Calcutta also said that the institute was keeping an eye on the economic trends to quickly calibrate its response.
Read More: IIM Lucknow Records 100 Percent Placement in Virtual Summer Placement Process
Comments