Tuesday, January 18, 2011

MBA Placements – Clinch your dream job

You've had two years of rigorous exposure to the MBA grind - assignments, projects, festivals, training and the whole gamut. But the real test for every MBA student is during the placement season. It is that time of the year when young men and women, clad in formals, wait outside for a company visiting the college campus, revising their much-rehearsed answers to anticipated questions and hoping that it is their D day.

With the placement scenario increasingly governed by unspoken alliances between companies and colleges, the freedom of a student to pick a company from a basket of choices could be under threat, say experts. Many people say that the lack of transparency on the part of college managements to unhealthy tie-ups with companies that leave students with little choice.

The latent contracts and invisible ties between management authorities of private colleges and HR professionals of companies result in companies dictating terms to the college. “Since colleges are responsible only till the students are placed, companies with their rigorous training, their demand, posting and transfer mechanisms make sure that the people who do not perform are removed whenever necessary,” says a HR placement consultant. 

For students, these tie-ups and placements largely determine a college's worth.

While companies maintain that they insist on the first slot only to get the best out of all, colleges say that it has become mandatory to show 100 per cent placement as it is good for their branding.

But the question remains what is the reality behind this 100 per cent placement? Is it just to show it on papers or do these MBA colleges really want to build your career??

Moreover the quality of placement should be not to look for the package but for the role offered. There are many criteria’s which determine the quality of placements – brand and culture of the firm, profile offered and lastly the compensation. There are different sectors in which a student wants to pursue his/her career like technology, FMCG, Media, Pharmacy and many more.

Many colleges make arrangements so as to segregate the diverse sectors and the respective students who have interest in that field.

Thus the bottom line for MBA students is that they should look it as a long term investment which will be paid off in the coming years. Your first job will always be questioned on the work you have done and not for the package and brand you have worked with. So follow your interest and passion to build a successful career. IMT provides you an opportunity to grow with them by offering world class placements.

No comments: