Recruitment of mgmt professionals in PSUs rises to 7 percent
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siliconindia | Monday, 18 October 2010, 11:03 IST
Mumbai: In what can be seen as good news for management professionals in India, recruitments of such professionals in the public sector has increased to seven percent, out of the total placements, according to a survey.
"Although private sector companies continue to remain the biggest employers of management professionals, the domestic public sector companies have become more aggressive with recruitment accounting for 7 percent of total placements in 2009 as compared to 4 percent in 2007," according to the survey launched by the Dun & Bradstreet.
"The increasing demand for management education in all major cities in India along with the Government's role in ensuring better access to higher education has had a positive impact on the economic growth of our country," D&B's (India) CEO, Kaushal Sampat, said in a statement.
The company had suryed 168 universities affiliated as well as private business schools in India. The study further indicates that there is a 22 percent increase in the number of students with work experience opting for management studies.
"In terms of placement, our study also reveals that in 2009 around 61 percent of the management schools offered more than 85 percent placement," Sampat said.
According to the report, Category I business schools account for 16 percent of total intake capacity of the surveyed 168 schools. On the other hand, category II and category III business schools cover 55 percent and 28 percent respectively.
The report mentioned that the number of new courses and programmes offered by business schools has also increased, to meet industry demand for employees with certain skill set and talent.
"Consequently, the number of students with work experience increased 22 percent from 1764 in 2006-08 batches to 2167 in 2007-09 batches," it said.
The report mentioned that for the academic year 2007-09, total student enrolments increased 6 per cent YoY.
For the 2007-09 batches, on an average, female students constituted nearly 40 per cent of the total enrollments, which had increased by seven percent as against six percent growth of male students.
"Among the different categories, category II business schools registered highest growth of 9 per cent YoY in terms of student enrollments in 2007-09 batches. In fact, this category recorded the highest yoy growth of male and female enrollers at 7 percent and 11 percent respectively," the report said.
Source: PTI