Only 18% students from tier 2 biz schools land job offers

May 2, 2014

Jjob_offersNew Delhi, May 2: Campus hirings across second rung business schools in the country have been severely hit this year due to economic slowdown, with only 18 per cent students landing job offers after completing the two-year MBA course, says an Assocham survey.

The salary packages offered at these B-schools have also been curtailed by 40-45 per cent as compared to last year, according to the survey of the industry body.

"Economic slowdown, stalling of new projects and investors' apathy towards key sectors like infrastructure, hotels, financial services, realty and retail have led to drying of job opportunities for several students from the b-category business schools, with only 18% students landing job offers," it said.

India has been struggling with below 5 per cent economic growth, with the country's GDP clocking 4.7 per cent growth in the third quarter ended December, 2013.

The economic slowdown has not only killed jobs, but several B-schools are forced to shut down due to parents and students rethinking on investing two years and several lakhs in a course that may not lead to employment, the survey noted.

"Many parents and students are re-thinking on investing 2-3 years and several lakhs in a course, with the demand and placement of MBA graduates not as good as before due to slowdown. Around 450 institutions have become defunct as they are not getting enough students to be viable," Assocham Secretary General D S Rawat said.

The survey pointed out that more than 220 B-schools shut down in 2013 in the major cities Delhi-NCR, Mumbai, Bangalore, Ahmedabad, Kolkata, Lucknow and Dehradun while another 95 are struggling to stay afloat.

Moreover, candidates applying for the common admission test (CAT) for securing entry into top notch B-schools like the IIMs have also been declining for the last two years, Assocham said.

"The total number CAT applicants stood at 1.85 lakh in 2014, compared with 1.94 lakh in 2013, while MBA seats in the country rose from 95,000 in 2006-07 to 4,68,000 in 2013," the survey said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Media Release
July 12,2020

Mangaluru: COVID-19 has disrupted the traditional academic year.  Due to the on-going pandemic situation and the financial crisis, the management of The Shepherds' International Academy, Mangalore (TSIA) has decided to reduce the annual school fees by 50% for the academic year 2020-21.

In a media release, TSIA correspondent stated that even though the school hasn't met the regular operating expenses, the management's decision is for the benefit of the communities.

The correspondent also informed that TSIA will start online classes  on receipt of the official nod from the Govt. Educational department.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
Media Release
March 10,2020

The Alumni Association members along with the members of Women’s Cell organized a programme to celebrate Women’s day and felicitate the student achievers in various fields.

The programme began with a prayer song by the members of the Women’s cell. Among the dignitaries were Sr Dr M Jeswina A.C, Principal, St Agnes College, Mrs Geanette Dsouza, Vice President, Agnesian Alumni Association, Ms Vivid Dsouza, Convenor of the programme and Secretary Agnesian Alumni Association, Mrs Jyothi Cutinha, Joint Secretary Agnesian Alumni Association. 

The college president, Ms Jerusha Maben welcomed the gathering followed by a welcome dance. The student achievers of the college were honoured by the Agnesian Alumni Association;

Agnesian Outstanding Leader Award sponsored by Mrs Carol Pais in honour of her parents Mr Philip and Mrs Mariette Pais is awarded to Ms Jerusha Maben of III BCom.

Agnesian All-Rounder Award sponsored by Mrs Marjorie Texeira is awarded to Ms Anna Una Crasta of II MA English.

Agnesian Scholar Award sponsored by Dr Meera Aranha is awarded to Ms Shane Joveeta Jovet of III BCom.

Agnesian Best Sports Woman Award sponsored by Mrs Daisy Coelho is awarded to Ms Anusha K.J of III BSc.

Agnesian Best NSS Volunteer is awarded to Nerissa Clementina Noronha of III BCom.

Agnesian Best NCC Cadet Award (Army Wing) is awarded to CPL Melani Lobo of III BCom.

Agnesian Best NCC Cadet Award (Air Wing) is awarded to CWO Vanditha Anusha Dsouza of III BSc.

Sr Dr M Jeswina AC presided over the programme congratulated all the student achievers and wished them the best.

Mrs Carol Pais compered the programme and Ms Vivid Dsouza, Secretary of Alumni Association proposed the vote of thanks.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
coastaldigest.com news network
February 25,2020

The Post Graduate Department of English, St. Agnes College (Autonomous) organized COSMOPOETICA – a Two-Day International Poets Conference, transcending the boundaries of language and bringing together scholars from English, Hindi and Kannada languages. The key-note speaker was Dr Hima Urmila Shetty and the Panel of Experts included Maggie Harris, a Commonwealth short stories award winning poet of Broadstairs, Kent; Dr Kathryn Hummel, a visiting professor at IIT Hyderabad; Prof Raj Rao, acclaimed poet and novelist, former HOD of English, Savithribai Phule University; Lata Chouhan from Bangalore; Vijay Tiwari from Ahmedabad; Dr. Nagaveni Manchi, an acclaimed Poet and Professor, Govt College, Carstreet and Ms. Chandrakala Nandavara, former Principal of Ganapati PU College.

Dr Sr Jeswina A.C., the Principal; Dr Sr Maria Roopa A.C. the Superior and Dr Sr Vinora A.C., graced the occasion.

Dr Geralyn Pinto, the Staff Convenor; Dr Malini Hebbar, the HOD and Ananya Sneha the student Convenor organised the Conference.

The highlight of the Conference was the Poetry Workshop, Slam Poetry Competition in three languages and paper presentations on various aspects of poetry.

Overall the conference drew together poets and academicians to discuss poetry as a genre and practice with ignited minds.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.