Placements Phase 1 – Roundup

The dreaded countdown to Day 1, intense CV making sessions, subscribing to the Economic Times, and a whole bunch of “funda” gathering from any senior one can catch hold of, becomes a way of life for every final year student aiming for placements in their penultimate semester. This year, too, was expected to be on similar lines. However, with the re-branding of the Training and Placement Cell as the Career Development Centre, The Scholars’ Avenue kept a close watch on Phase 1 of the placements and have come away pleasantly surprised at the simple but effective changes made.

 

Firstly, some significant alterations from the procedure point of view were implemented with an aim of ensuring transparency and a fair chance to all. A streamlined change was that of the inclusion of ERP registration for placement. It served a single platform for students to monitor all the companies they were eligible to apply for and submission deadlines. This system prevented people who didn’t fit company criteria from even uploading their CVs, thus reducing cluttering and unnecessary effort for the people sorting them. Skeptics thinking that the ERP system might crash were proved wrong, as it bore the load without any major problems.

 

A second change made was that of the strict verification of CVs submitted, which, in this writer’s opinion, was the most brilliant of all. In order to register on ERP, one had to carefully type (not copy-paste) in all their achievements over the years which they might include in a CV submission. With extremely quick time-out sessions, remembering to save one’s progress after almost every entry was critical. Over the semester, students were expected to upload certificates to support every entry claim they made. At a later point, random checks were carried out to ensure students refrained from false claims on their CVs. This move was happily welcomed and some students were rightly caught.

 

The third alteration  made was the implementation of eligibility tests, which initially had everyone like a cat on hot bricks. However, after the personality interpretation of the psychometric tests and each company continuing to have their own selection procedure independent of these results, nerves calmed. The tests, nevertheless, proved to be extremely beneficial in encouraging students to polish their quantitative skills in early August which was a good start to the preparation for all.

 

As for the companies that came, the withdrawal of DB caused major talk on campus, with many people plunging into gloom as a result. Nomura and Barclays, too, stayed away. However, the new companies that came more than compensated for these losses, with Baker Hughes and Axis Bank being prominent among the new additions. After a long dry spell, KGP saw the face of more consulting companies such as Parthenon, BMGI and Auctus Advisors. Suddenly, a case preparation fever took over the campus.

 

Overall, the infamous “poltu” seemed less prevalent and personal ability, preparation, and merit seemed the key to impressing most interviewers.  We congratulate CDC in their success in Phase 1 and hope to continue to see progress towards transparency and a system of meritocracy associated with placements.

 

General trends observed :

1. The number of core companies (non-IT) are considerable after Day 5. Thus, the saying that people who are not well versed in coding will not get placed seems to be just a myth.

2. Despite the number of core companies coming, the software companies still outweigh them in number.

3. The number of companies on the first ten days exceed by a visible margin companies coming on the later ten days of the placement season.

 

Some graphs for your benefit :

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