Business Standard

Job market blues echo in the corridors of India's leading B-schools

Debashis Chatterjee, director, IIM-K, said that they recognise a downturn in the market, but there is no panic in the institute because there was a steady absorption of its students

jobs, jobless, placements, colleges, IITs, IIMs, unemployment, economy, hiring, workers, staff, employees
Premium

While premier institutes remain confident of hiring prospects for their students, there is an acknowledgement of a downturn as apparent from multiple instances of job cuts, especially in the tech sector

Ritwik Sharma New Delhi

Listen to This Article

There are signs that the distress in the job market has spread to India’s top B-schools.

A post on X (formerly Twitter) about a WhatsApp message, purportedly sent by the Indian Institute of Management Lucknow (IIM-L) to an alumni group seeking assistance in placing 72 students from the graduating batch, went viral on social media.

The user, Ravi Handa, wrote: “IIM Lucknow is reaching out to alumni to help them with placements. It is ‘crucial to maintain the legacy of IIM Lucknow’s 100 per cent placement record’. It isn’t about 5-10 people but 72 candidates at IIM-L do not have

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in