Seek A Career, Not A Job
Outlook Money|February 2021
Reinvent, redefine, restrategise, re-learn after un-learning, and refocus in the post-pandemic world. Take the right lessons
Prof Ujjwal K Chowdhury

Business education has proliferated in the country with over a thousand independent management schools, apart from more than 900 state universities, that offer similar courses. Similarly, education in the field of commerce is now available in over 20,000 colleges and universities.

Sectors like retail (online and offline), pharma and healthcare, energy (conventional and non-conventional), food and beverages and Micro, Small and Medium Enterprises (MSMEs) hold employment promises.

These sectors are drivers of revival for the global economy that saw a 5 per cent contraction last year from a total size of $80 trillion. The Indian economy, too, suffered a 23 per cent contraction during the year.

A quick survey with the placement offices of a few universities shows the following trends. The top six sectors employing freshers from B-Schools are edutech, logistics and supply chain, banking and insurance, telecommunications, e-commerce or retail, and analytics and consulting.

Among tech enterprises, BYJU’s, Jaro, Toppers and Extramarks are hiring heavily, while DTDC and SafeExpress are the top logistics recruiters. Bank of America, ICICI, Aditya Birla and JR Laddha have been big recruiters in the banking and finance space, along with microfinance organisations.

Reliance Jio takes the cake among telecoms and Amazon, e-kart and Flipkart are leading in the e-commerce segment. AC Nielson and Mphasis are major data and consulting recruiters. We saw 94 per cent of the final placements with a package in the range of ₹3.5 to ₹10 lakh per annum. Edutech is seen offering the highest package followed by data analytics and consultancy companies.

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