22 January, 2021

Builders And Cradles

B-schools, and corporates, prepare for students dreaming of start-ups

Illustration by Saahil
Builders And Cradles
outlookindia.com
-0001-11-30T00:00:00+05:53

It is that time of the year again—magazines and online sites are publishing rankings, B-schoolers are preparing for placements, and aspirants are preparing for B-school entrance tests. The hope is that good jobs would be available at the end of the journey, and that the economy would support the job market.

The placements in the 2015 season improved over 2014, and the trend is likely to continue. In fact, the average starting salaries in the top 25 institutes improved by over seven per cent over 2014. Given this, is everything hunky dory for graduates new to the job market?

Conversations with senior HR professionals indicate that the improved job market is based on recruiters’ exp­ectations of better economic conditions, rather than the reality of superior corporate results. Most companies are expected to need more managers in future, though the present may not be that great. Unfortunately, this expectation relies on the government’s delivery on reforms and governance. Its ability to act may impact the job market in 2016-17 onwards, though...

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