UNIVERSITIES EXCELLING IN PLACEMENTS

THE TSUNAMI OF LAYOFFS AND THE LOOMING RECESSION IS MAKING PLACEMENTS THE KING AGAIN.

ampus placements have always been one benchmark with which students assess universities, but with the current global and Indian wave of massive layoffs in the corporate sector, placement performance is going to be the number one criteria with which institutes of higher education will be chosen.

While most universities are striving to move ahead in placements, year after year, only a few are able to consistently better their performance to near 100% placements for their students. At such institutions, it can often be observed that placement isn’t an afterthought, but starts from the day one of an admission cycle.

Apart from the ability to obtain placements for almost all interested students, what sets apart such universities is their ability to attract better and better employers and better and better CTCs over the years. It is a known fact that some of the lower performing universities are able to place only a few students with the big names, with the rest of the students being recruited by tier-2, tier-3 or lower firms.

Interestingly, from this economic cycle on, there are also additional factors vexing students. While generally speaking, bigger the company, greater the job security, with the current round of layoffs, the opposite seems to be true. With the kind of 11,000+ layoff announced by Meta / Facebook, which is arguably one of the strongest tech and social media firms out there, both universities and students would need to be more discerning. Companies and sectors that would be most affected going forward would be those that went in for too much stretching during the pandemic period. Ready examples are technology companies, startups, digital lenders, e-commerce firms, gaming companies, vaccine manufacturers, and firms in many such sectors.

The exodus of students from India, who are going abroad for higher education and jobs will gather momentum, given the emerging opportunities in many European & North American nations as well as in Australia, New Zealand and even in many Asian tigers. Banks are already experiencing high growth in educational loans due to this gathering momentum.

In India, there is likely to be more placement opportunities with traditional sectors that are now trying to come up like banking, insurance, financial services & fintech, hospitality, healthcare, biotech, R&D and IT & IT services. A dark horse that may emerge, especially in India, is the PSU sector, especially the defence oriented public sector undertakings that are on a huge expansion spree. Students are expected to make a beeline for such companies, given the unfolding global recession.

Seasonal Magazine brings you a highly refined selection of private and deemed universities excelling in campus placements year after year.