Saturday, February 11, 2012

IIM-Ahmedabad shortens placement process

Two years after moving away from the traditional day-based placement process, the Indian Institute of Management-Ahmedabad (IIM-A) will further modify the cohort-based system. This year, students will get shorter gaps between two cohorts. The gaps would be just enough for them to let the pressure off after one round, but not too long for anxiety levels to rise. Thus what would take about a month to get over, placements will now be completed within a fortnight. The earlier Day process was a race against time and would be wrapped up within four-six days.

Under the cohort systems companies are grouped as per their sectors and role offered and not as per the salary, as is the case in the Day process. The students would get one week between two cohorts to help them prepare better as well as attend classes during the week. However, the long gap was found to have little benefits as students would increasingly get anxious. A student feedback suggested that a gap of around two days was just what was required.

The cohort-based placement process would typically be held over one month with interviews happening every week-end. The institute also applied the same cohort-based process for summer placements in 2010. The institute claims that the system reduces stress of students and allows more time to students and recruiters for detailed interviews.

"We have decided to offer shorter gaps between two clusters this year. We will organise the first cluster on February 13 and the last cluster will be held on February 25-26. We have seen that a gap of one week between two clusters makes students restless," said IIM-A placement committee chairman Saral Mukherjee. He added that a cohort system with shorter gaps was experimented during summer placements recently and it received positive feedback from students.

This year, the institute have clusters on February 13, February 16-17, February 20-21 and February 25-26. It will then offer rolling placements to remaining students, if any student does not get desired job. "Long gap increases anxiety among students. They think that the placements have started but nothing is happening. Two-day gap between two clusters gives time to relax. Also, it is difficult to manage a process of around a month for our students placement team and the shorter process is easier to manage," Mukherjee said.

IIM-A was only institute to have a relaxed placement process for two placement seasons. Now, IIM-Bangalore too has decided to introduce a process where companies will visit campus on week-ends. However, IIM-A has now decreased the gap. "We shared our opinion about the revised system with shorter gaps with IIM-Bangalore and IIM-Calcutta around summer placements," he said.

Source: The Economic Times (Online Edition), February 11, 2012

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