Key, Not Bulk, Job Creators

Management graduates account for a small percentage, 5-10%, of hires for some big sectors, but more than double that in terms of value.

- E. Kumar Sharma

MANAGEMENT GRADUATES are important for any business, which is one reason why they capture so much mindscape of recruiters. But in terms of absolute numbers, they account for a small share of total hiring by some of the economy’s largest job creators. Consider the IT/ITES sector. “Out of around 40,000 people that we typically hire in a year, 95 per cent would be engineers and the rest management graduates from both premier and non-premier schools based on our need,” says Krishnamurthy (Krish) Shankar, Group Head, Human Resources, Infosys. At Infosys, just like at other big IT companies, management graduates are hired for functions such as human resources, business consulting (typically from premier institutes), SAP and enterprise process consulting. Engineers form a big chunk of new hires for a lot of other large job creating sectors too. But the most interesting part is that these job creators depend on B-schools for a very small part of their total hiring.