B-Schools Attract Recruiters Despite A Stumbling Economy

This year will be the first in which top management institutes viz, IIMs are receiving pre-placement offers which is half the percent it witnessed last year.  During the previous year, PPOs accounted for more than half of a much bigger total. 

The placement cells of these institutes are striving to maintain recruitment levels despite fallout in market, raised as a consequence of unsteady economic crisis. Amidst all this, IIM Lucknow which has pan India pool of 430students to place has already registered 25 PPOs, a stark mismatch to 72 for the previous year.

The PPOs have been from recruiters like Boston Consulting Global, Aditya Birla Group, HUL, TAS and Accenture. The corporate vice president and chief human resources officer for Capgemini, Ramesh Padmanabhan quoted, "Volatility will not impact our hiring from the premier management colleges, because the graduates help us build leadership pipelines." Nevertheless, hiring patterns for engineering graduates are expected to witness slowdown in lieu of surplus hiring from these institutes.