A job or placement?

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June 14th, 2010 Lipi Mohapatra

Finding a job is not placement. For an MBA graduate, a job that aligns with  long-term career goal is placement in the right sense.

Then comes the big question of how to find a job that helps in terms of career goals. Also, how does one plan a career with slowdown crippling the economy and its repercussions yet to wear off?

SECTORS THAT ARE CURRENTLY HIRING
1. Manufacturing and construction
2. Telecom
3. BPOs/KPOs
4. Banking & Insurance Sectors
5. ITeS
6. Services Sector

There may not be a clear one line answer to this question. It needs an elaborate understanding of ones area of interest, academic background, and where one sees the career graph moving in three years’ time.Newly-minted MBA graduates are often confused about which career path to choose, even at a stage when they are about to complete their MBA. Most students have come to terms with the fact that random choices made early during their career can decelerate their career graph.

Early in their career, most management graduates make the mistake of turning down offers and waiting for that perfect job to land in their plates. This is utopia. Though, it may happen in some cases, most of them should accept offers well in time and make the most of it.

In other words, accepting a job well in time is one of ways to find out ones true field or area of interest. Even better is to get into rotational positions. Though apparently not lucrative, in rotational positions an MBA graduate gets to work in few functional areas in a company such as marketing, sales or operations for a few months before getting into a management role.

But to nab that dream job, one has to do more than studies. With the job market just beginning to recover, a student serious about his career must focus on what s/he brings to the table compared to others in competition for the same job.

In various B-schools, finding a job during the recession period last year was a rage. And why not. The campuses saw fewer companies coming up with offers. Overall, the industry grew at a slower pace than expected. But things look upbeat now. Now is the right time to pursue a career in management as by the time the economy fully recover, one has the necessary skills required for the job market.

Other than the elite schools, students who are in the second rung colleges with average academic background, should either seek help from career counselors who can help a student to find their area of interest. And having identified that special area, commit to it.

For graduates, an important point to keep in mind is that the recruiters know that fresh b-school graduates need further training and seasoning. HR managers then believe that it is best to tap former interns since both the parties know each other.

Understanding that a crucial preparatory timing for final placement is during internship is key to career planning. Though many students may not take internships very seriously. Giving due importance to internship in career goes a long way in marinating a student for that dream job which he expects during the final placements.

A report by Kelly Services, which conducts the “Global Workforce Index” annually revealing opinions about work and the workplace from a generational view point, says that due to global economic slowdown professionals are reinventing themselves as independent freelancers and consultants. Today, people are taking charge of their own careers and view self-employment as a way of achieving personal and professional success.

In fact, at most of the international b-school campuses, placement search is dubbed as “the year of the networked job search.”
Gone are the days when job search used to be only school-driven activity. Now, students are expected to take charge of their careers, attend various corporate seminars, build on their networking skills during their study years, and always be in touch with alumni.

Often students think that just because one has managed to pay the course fee for pursuing MBA, s/he is entitled for a job. Employability skills are almost an integral part of any management course in these times. Attending these classes seriously will only benefit the student. Other than studies, equal importance has to be given to life skills training.

Over the period of two years when one is pursuing management studies, the process of learning, developing, growing, being trained to be a manager finally leads to the process at the end of their fourth semester of program called placement.

Placement is never measured by package only!

The author is Director, IILM - Business School, Mathura Road, New Delhi.

11 Votes | Average: 3.91 out of 511 Votes | Average: 3.91 out of 511 Votes | Average: 3.91 out of 511 Votes | Average: 3.91 out of 511 Votes | Average: 3.91 out of 5 (11 votes, average: 3.91 out of 5)
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6 Responses to “A job or placement?”

  1. Sidharth Sethi Says:

    So well written and informative!!

  2. Avinash Kumar Dash Says:

    Well articulated fact. Professional course like MBA should be viewed in wider perspective. It must not be confined to job or placement . It enhances the employabilty of an individual. As per recent trend in premier B-Schools ,pass out graduates are refusing lucrative placement offers and prefering to be entrepreneur. This sets an example for the aspiring management graduates , that B-Schools are a platform to hone your managerial and entrepreneurail skills and headstart their career.

  3. babita Says:

    Hi Lipi…. Totally agree with you…… It’s always better to have some experience than none.

    Till what age is it advisable to opt for lateral growth (other departments-same level) to look for that perfect job that you want to be in ???

    Also, is doing Management courses sponsored by companies / organisations that one is working in helpful in the long run ??? Pls throw some light on the bonds/contracts to be signed with the company thereafter.

    Thanks
    Babita

  4. Shweta Says:

    HI Lipi,,,..

    Really like the article….true..sense…of Wht I feel right now.
    I wish if u write a connecting article on hw u can find ur dream job (Indian Prospective) tht wud be a gud read :)
    Because…finding problems are easy…difficult is to get to a solution….

  5. Lipi Mohapatra Says:

    @prasantha: Opting for job early, doesnt mean joining just any job. This is where most of the students are confused. Rather, it translates to the fact that while others might still wait for that dream job, you have gained experience in the necessary field and are better placed to compete further incase you quickly want to change. Ask the recruiters, and they will share that some experience is better than zero experience. Always.

  6. prasantha Says:

    Hmmm, some disconnect here. You say one should go for just any job, but should opt for one that furthers long-term career growth prospects. Fine. Yet you advise MBAs not to wait for the dream job and accept an offer “well in time”. Isn’t that contradictory to your key argument?

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