Covid-19 pandemic has sent strong ripples around the world and almost no industry sector has remained untouched by its impact. The first lockdown in India began in March and the snowball effect was seen on MBA placements this year. Leading firms withdrew offers while several other companies deferred placements. In these times of uncertainty, we sought answers from Mr. Sandip Das, General Manager – Corporate Relations, Jaipuria Institute of Management on MBA placements in the new normal; the aftermath, and the silver linings (yes there are!).

In 2019, India produced a whopping 16 lakh MBA graduates. However, it’s the graduates from top management institutes that bag a major share of plum placements every season. As one of the top B schools in India, Jaipuria Institute of Management has enjoyed a consistent placement record, across its four campuses. But Mr. Das admits that the last 3-4 months have been challenging.

According to Mr. Das, with the industry facing the heat, the ripple effect on placements was expected. He asserts that Travel & Tourism, Hospitality, Entertainment, Retail are the most adversely affected, but there are sectors that are emerging, offering a ray of hope too. “Healthcare, eCommerce, logistics and supply chain, insurance, nutraceuticals, retailing, agriculture are either emerging or are poised to grow in the near future. PGDM Courses will remain relevant for the market segment it serves, but specializations will emerge in a big way,” he adds.

Specialized MBA and Placements

MBAs and placements are entering a new phase and there is bound to be a shake-up. But as Mr. Das says, there will be a heightened demand for specialized MBAs in specific areas. And what are these areas that are likely to show growing demand for well-trained future professionals? “Business Continuity Management, Artificial Intelligence, Cyber Security, Analytics, Remote Productivity Management, are the main areas of specializations that will become a new normal in days to come,” he predicts.

Mr. Das also declares that the new normal needs sound management at B Schools to remain adaptable with changing times, have a vision and ability to see through emerging demands in the industry, and equip its human capital with these evolving needs, both in terms of infrastructure and skill development. “Repeat recruiters have always remained dependable partners of business schools. But their numbers might be restricted now. Campuses that build relationships with the emerging industry and start offering courses in trending specializations will be able to attract more companies for placements,” he says with authority.

After all, Jaipuria Institute of Management which is India’s one of the best MBA College in Delhi NCR has managed to overturn the slump in placements, what is also noteworthy is that during the ongoing lockdown, the institute introduced the Summer Internship Programmes (SIP) for students who did not receive work from home projects with companies. Developed by faculty members, these programmes included week-wise tasks, deliverables, assessments, and more to create a practical learning experience. The institute managed 275+ students recruit and got them on board at various companies across its 4 campuses during the lockdown period. Adapting with the new normal 2000+ hours of online engagement and over 400 webinars were conducted to keep the learning continue.

Ruling the placement season as well as hearts, one of India’s top B-schools deserves all the praise for its efforts amidst pandemic

The second wave of COVID impacted our country in the most unfortunate way, some people did everything to help others fight it off. When the lockdown paused the fast-moving world, people, organizations, and institutions went out of their way to bring relief during the current crisis. One such inspiration is the Jaipuria Institute of Management that deserves all the praise for working beyond the academics for the community. Despite many hurdles, this educational institution went on to lead by example for others to follow by giving the much-needed support to its students and the community at large.

From offering counseling and medical emergency support to providing financial aid to students who lost their family’s breadwinner in the last year, the 26-year-old Jaipuria Institute of Management, which is the best institute for MBA in India, has garnered much appreciation for helping the community in the best way possible. It also handled the placement season successfully amidst the pandemic.

Despite the slow economy, Jaipuria Institute of Management managed to place 950+ students across its four campuses in Lucknow, Noida, Jaipur, and Indore in leading companies this year till date. The average CTC of the PGDM program of 2021 went up to 10.05 Lacs p.a. for the top 20% of the students. Deloitte alone recruited 55 students, followed by HCL Technologies that signed up more than 35 students this year. Students were offered various coveted roles in E-commerce, FMCG, Retail management & Manufacturing, Banking and Financial Services, Insurance, Analytics, and Consulting.

With personalised assistance provided by the CMC team, faculty mentors, and alumni network, PGDM graduates from Jaipuria have benefited from the best of job offers. Many leading national and international companies have opened their doors to the fresh talent from Jaipuria Institute of Management. Ms. Mandwi Singh recently placed as Management Trainee-HR Business Partner, a coveted HR profile, in Ekart (a division of Flipkart) with a package of Rs.8.05 lacs says “I am thrilled with the offer that I had got, and thankful to my Institute for the guidance and support”.

These efforts do not just end here but go on to prove that the institute stands strong in difficult times to build a brighter future for its students and the community as well. Jaipuria Management Institute is offering an AICTE-approved PGDM Program, has also decided to provide financial aid to students at Jaipuria who lost their sole breadwinner in the last year. The quantum of the financial aid is up to the tune of 50% as a fee waiver on the programme’s tuition fees. At a stage so vulnerable for many families, efforts by Jaipuria Institute have brought hope and some relief for students who have lost their support during the pandemic. This holistic support plan will at least ease some of their burdens, help them pursue their dream career, and achieve it without any pause.

The institute also announced a sum of 3.89 crores of scholarship to meritorious students for the upcoming 2021-2023 batch. As part of its humble effort, the faculty, students, and alumni came together to support the community in fighting the pandemic. In this short span of time, the team provided leads to 1575+ critically ill Covid patients regarding their requirement for ICU beds, ventilator beds, oxygen beds, oxygen cylinders and concentrators, essential medicines, blood and plasma, ambulance services and medically trained attendants all over India. The team made the most of social media platforms in serving the purpose by actively using Facebook, Twitter, Instagram & WhatsApp. Those in need contacted the team through these platforms, and they responded in no time and helped them with a solution.