Published on February 24, 2021
Ahmedabad: The biggest worry for any institute during the pandemic is the placement of its students. But if the trend of premier institutes such as IIM-Ahmedabad (IIM-A) is anything to go by, companies are back on the campus with confidence. As the final placement for the premier B-school’s flagship PGP-MBA course will start from March 2, sources aware of developments said that over 130 firms are likely to participate in the three clusters.
Prof Amit Karna, chair of the placement committee at IIM-A, said that the institute is likely to witness the same number of recruiters. “It shows the industry’s faith in our pedagogy and is also an indicator of the post-Covid normalcy where the industry plans for its future,” he said. “The roles, however are likely to be different with more emphasis on the requirements of emerging sectors.”
This year, the placement process will be completely online with recruiters and students meeting through video calls. Will the pandemic affect the hiring pattern for the major regular recruiters? Experts said that premier institutes generally get three major segments — top-tier consulting firms and MNCs, family-run business houses with legacy and several home-grown industries, and new-age ventures flush with new investments.
“Given the current situation, it’s likely that firms in health technology and finance technology space will hire a good number of students,” said an official associated with the placement process. “Online services is also a major sector that is likely to witness a good run. The top firms are likely to hire more from the top institutes.”
The official added: “But it’s likely that the segment of production-based industries might reduce its intake for the year or wait for the signs of recovery before going bullish with hiring.”
IIM-A officials said that they had tasted the things to come with a good run during summer placements. The pandemic will surely affect the mid- and long-term plans of firms, but the availability of vaccination, good chances of favourable immigration policy, and impetus to some key areas globally can turn the tide, they added.