The job market may be giving freshers a tough time, but demand for experienced hands is still robust. Indian Institute of Management, Lucknow’s (IIM-L) Noida campus explains this by placing its International Programme in Management for Executives (IPMX) batch.
IPMX is a one-year full-time residential programme started in 2008 at the Noida campus. IPMX 2011-12 batch had 67 students with heterogeneous industry backgrounds, viz. IT, telecom, FMCG, infrastructure, power, realty, media, healthcare, civil services, education, automotive and banking and finance. This MBA programme has been designed for middle and senior level managers at functional and strategic levels.
The placement process had started in November 2011 and saw participation from consulting, telecom, IT, e-commerce, manufacturing, healthcare and BFSI industries.
The batch size was 40 per cent higher this year, and still the placement season sailed smoothly, IIM-L said. Some first time head-hunters included Deloitte, KSA Technopak, GE India, Godrej, Microsoft, Tech Mahindra, Cognizant, Snapdeal and Amazon.
The location advantage of Noida campus also helped recruiters to conduct customised recruitment process for lateral hiring. Some students also received multiple job offers. However, about five students were still to be placed due to their niche skills sets/preference. IIM-L said some of these students did not accept any offers and preferred to wait until they get desired jobs.
“There is a need to convey value proposition which courses like IPMX can bring to the table. For this, we conducted an outreach programme to bring recruiters and institute closer,” co-chairperson placement Prof Rajeev Kumar said.