If lateral placements are any indicator then placements in 2012 at management institutes across the country may turn out to be a subdued affair. Premier institutes like the Indian Institutes of Management (IIMs) and XLRI, Jamshedpur have reached out wider to new companies to compensate for lesser hiring numbers from regular recruiters. Consulting, information technology (IT), e-commerce and IT products are among the sectors that are looking good, while those like banking and financial services and fast moving consumer goods have scaled down the number of offers.
The impact of the economy is being felt in terms of numbers per company and so the institutes are making up in terms of new companies. For instance, at IIM Calcutta, first-timers on campus during lateral placements include a US-based IT product company, and more from the power and manufacturing sectors.
Source: The Economic Times