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18th January 2010 / Times of India / Pune Edition
Career Forum : News Archive

Recruiters line up at city colleges


Pune: Campus recruitment is not the privilege of Bschools alone, if you thought so. Students in science, commerce and arts streams in senior colleges of Pune too get job offers at decent salaries by companies. And the process has just begun.

Those lining up at colleges include banks, pharmaceutical companies, BPOs and IT firms. The packages being offered to students, who will be appearing for their final-year examinations this academic year, range between Rs 3 lakh and Rs 6 lakh per annum.

While arts students are seen as favourites among BPOs, commerce students are being recruited by banking and finance companies. These companies invest in training them further.

At the Symbiosis Arts and Commerce College, in 2009, 500 commerce graduates and over 50 arts graduates landed jobs in leading companies, even before they had their degrees in hand. Speaking to TOI, Rishikesh Soman, principal of the college, said, “Our placement season starts in December every year and hundreds of students are selected during campus interviews.”

Around 15 companies visit this college every year, said Soman. “Due to recession, last year, the recruitment rate was low and the number of companies visiting us had dipped. However, that was only last year. Usually, the number of companies visiting us is pretty good.”

Students from Symbiosis have been handed a package of anywhere between Rs 2 lakh and Rs 3 lakh per annum.

About 100 students at the Nowrosjee Wadia College of Arts and Science were placed in 2009 during campus interviews. Charudatta Nimkar, co-ordinator of the placement cell of the college, said, “We have a separate placement cell established only for graduate students. The arts students are absorbed mainly by BPOs and receive a salary of approximately Rs 10,000 per month. ‘It’s talent at less cost’

Pune: Banks, pharmaceutical companies, BPOs and IT firms are offering salaries ranging between Rs 3 lakh and Rs 6 lakh per annum during campus recruitments to students in science, commerce and arts streams in the city.

Many companies have tie-ups with institutes. They absorb our students as management trainees and further enrol them with these institutes for distant education.

The students have classes on weekends and by the end of four years, they have a post-graduate degree and a great job in hand.”

Brihan Maharashtra College of Commerce (BMCC), one of the frontline colleges for commerce faculty, conducts placements for four bachelors degrees — business administration, foreign trade, computer application and commerce.

“Last year, 28 companies conducted interviews at our college and 90 students from all the four streams were recruited. Many top companies visited our college for the process and the highest package offered was Rs 7 lakh,” BMCC principal Aniruddha Deshpande said.

The college also trains students in soft skills, group discussions and personal interviews for campus recruitment. Placements at BMCC usually take place during January and February.

Fergusson College has experienced a high rate of recruitment of their BSc (computer science) graduates, who are picked up by IT companies. Ravindrasingh Pardeshi, principal of the college, said, “Despite recession, last year, about 20 companies visited our college for recruitment and 276 students from science and arts faculties were placed. In 2008, 365 students were absorbed by companies.” The packages offered to students at the Fergusson college were anywhere between Rs 1.25 lakh and Rs 5 lakh, depending upon the stream.

Ankita Sheth, a human resource consultant to a research and analytic firm that absorbed students from BMCC last year, said, “We are into research and fresh graduates are our best resource to work on analysis of data collection as they have a different viewpoint than experienced ones when it comes to analysis. Cost is another factor. They are comparatively hired at lesser salaries than post- graduates. So, it’s talent at less cost.”

Priya Barua of a leading accounting firm said, “It is a two-way deal. while graduates get the experience and at the same time they can use the income in pursuing further studies, companies need fresh talent as it saves cost instead of hiring management post- graduates for the same job at a higher price.”
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