B-School campus placements 2020: What lies behind the curtains of Corona?

With revoking of jobs and closures of colleges, students are finding it hard to make head or tail of their métier. It cannot be repudiated that we are in a tight corner but don’t you think it’s an ill wind? It’s high time that we keep our chins up and our eye on the ball. The idea is to make the best out of everything life throws at us. So, dot your I’s and cross T’s as we pore over the scenario of B-School campus placements 2020, the industry outlook, impact of COVID, reforms and takes of the B-Schools, future scenario, skills needed to walk shoulder to shoulder with the industry, and other substantial aspects.

MBA has always carried a promise of a lucrative career. Just like any other session, this year was also supposed to observe a ‘normal’ pattern of admissions, internships and B-School campus placements. But COVID has made a considerable dent in the age-long process. Rather, we are now finding ways to fit into the ‘new normal’. But what exactly has changed? Is this disarray is just a byproduct of the tittle-tattles? Or is it actually a testing time? Without getting tangled into this unending series of bewildering doubts, let’s clear the air without further ado.

A sneak peek of the B-School Final Campus Placements 2020

Keeping up with trends, all the tier I B-Schools witnessed a 100 percent placement record. The campus placement trends of these B-Schools have marked an upward trajectory. With an average highest salary of INR 50+ LPA, the B-School final campus placements 2020 witnessed coveted job roles from an average of 120+ recruiters. Some institutes also rolled out Dream and Wait and Hold option to increase the number of choices available to its students apart from lateral and final campus placements. Almost all the premier institutes shattered their previous year’s records and marked a new benchmark for themselves. 

A hefty thwack of the pandemic 

We have all skimmed through bazillion of articles, videos, memes, tweets on the impact of Corona on B-School campus placements, and what not; but one cannot sit on hands and let this bummer situation take a hold of us. It cannot be gainsaid that the pandemic has hit the placement prospects, some companies have scrapped internships, the joinings have been delayed, lesser windows are now open for the job roles, and some students have also claimed of not receiving any response from the employer on the status of their employment. But, does this mean that there will be no jobs? No campus placements? No need for managers? No projects or competitions? No colleges? And, the answer is also a NO!

It is pretty normal to have chills when the country is facing an economic slump. But if this is making you question your choice of pursuing an MBA this year, or attempting CAT then it is in vain. Especially for the 2021 batch, there should be no clouds of insecurity even in terms of ROI. Why?

• Understand, that measuring your decision to pursue an MBA on the basis of ROI will not yield anything. Doing masters from a refined institute will make you capable enough to earn back more money exponentially in your lifetime.
• In fact, employee communication will become more transparent with the passing time.
• People will be more sympathetic and will value mental well-being.
• There will still be campus placements.
• IGNITE 2020 session with the HRs from conglomerates, it was discussed that the organisations will figure out a more collaborative and open platform for conducting B-School campus placements.
• The companies are still seeking the same set of competencies and skillsets.
• This is the best opportunity for upping your skills, making yourself go-to-candidate for the companies.
• Think this way, the market cannot go beyond where it is today. There is the only way forward from here.

So, whether you are a student of 2020 batch, 2021 or 2022, start working on yourself. You will be regarded as one of the strongest candidates ever and so will be your value! Attend your classes, network with seniors, take online courses, prepare for CAT with dedication; do whatever you can to stay ahead of the pack.

After all, it is the survival of the fittest

Sharp minds out there have already jumped on the bandwagon by going virtual for their learning as well as job interviews. In fact, most tier I B-Schools are using new-age technology solutions for conducting online classes. On the other hand, companies are also throwing coveted job opportunities because what can be a more prominent time for building a strong foundation of brand employing. We have rounded up some updates of the latest initiatives of the B-Schools and the companies, which can definitely help you in clearing the muddy waters. 

• Look out for 18 online management courses launched by IIM Udaipur. Some of them are based on Supply Chain Management, Marketing Analytics, Financial Markets, People Analytics, etc.
• You can avail free e-learning courses by AICTE. It has 49 diploma, certificate, and skill-based courses.
• IIT Gandhinagar has also introduced a one-year PG diploma course.
• You will be amazed by this one - the National Digital Library of India has given access to 3.8 Cr+ books. Who said, you cannot learn or explore knowledge during a lockdown?
• If you have an interest in UX design, Project Management, and Data Analytics, Google has opened up online certification courses in these, which will be no less than a college degree. Moreover, it has rolled out 100,000 scholarships pertaining to any of these programs.
• You can also dive into the ‘Data-Driven Product Management Program’ by IIM Lucknow, an online course.
• Have heard of SWAYAM, an initiative by MHRD? They have a pool of free online courses catering to different streams.
• Better.com, a mortgage lender firm has rolled out 300 job opportunities.
• Goldman Sachs has also declared to offer 1460 internships and job offers to Indian students.
• TCS, Wipro, Capgemini, Cognizant will be hiring 40,000 graduates each.

Way forward 

After B-School campus placements 2020, the legacy is now in your hands. There are enough opportunities in the market. Instead of worrying about your future salary or job prospects, remember that your first salary out of college will not be the last one out of your life. It cannot be sugarcoated that the current scenario is rosy, but,

• Adapt to the changing times.
• Hone your digital skills.
• Work on your communications and how you present yourself virtually.
• Dig deep into the valuable and relatable online courses.
• The importance of networking cannot be underestimated. Work on your Twitter and LinkedIn accounts.
• Stay updated on industry trends.
• Try participating in corporate competitions, hackathons, quizzes, etc.

We hope this article has provided you with a comprehensive insight into B-School campus placements. Now, put your best foot forward and keep progressing. Good Luck!