24 Mar 2005

'Desh Ki Dharti' lures IIM-A grads

That's the headline for a report in Wednesday's TOI hardcopy. The same report gets this headline in the online version
GenX IIM graduates choose desh over dollars
So based on all that, you thought quite a few IIM-A graduates opted to stay on in India rejecting offers from abroad. I don't blame you. With that headline I thought a huge majority of the batch had decided to stick it out here this year. Maybe not, but at least thirty to forty percent? Let's go to the numbers.

The batch had 250 students. And a whopping 10 of them 'spurned offers for foreign postings'. 10 for godsakes! 4 percent!
'IIM-A graduates HATE working in India'
would have been a much more accurate headline, wouldn't it? And what of the ten - where did they go? One of the ten rejected an offer from the top global consultancy firm Bains and Co ( I must do something about my memory - Bains and Co just does not ring a bell) and joined a top Indian consultancy firm - Boston Consulting Group. One more joined the top Indian consumer goods giant Procter and Gamble.
'IIM-A graduates HATE working for foreign firms'.
Three of them opted out of the placement game completely. Based on that fact, TOI planned but rejected (though it was touch and go till the end) this following headline
'Campus placement losing its charm for IIM-A grads'
No, they didn't. But who knows?

And what are the three who opted out going to do?
"Sharath Chandra and Praveen Yedla say they say they would work independently in various fields like management education for children and management consulting for SSIs who do not generally get professional help".
Sounds good.

PS: I've noticed that newspaper and online versions of at least TOI vary sometimes. For example, Bains and Co is no longer a 'top global consultancy firm' in the online version of above report.

No comments:

Post a Comment