Seeking job opportunities outside the US, management students from the Ivy League US university, Yale School of Management, are casting their eye towards India. The management school dean, Edward Snyder, was in the city on Monday, armed with student resumes to explore possibilities with potential employers here, as part of a widening interest in opportunities in the global economy.
Indian companies such as Tata, Mahindra and Mahindra and Wockhardt have hired Yale MBAs in the past, as have multinational companies such as Mckinsey and Morgan Stanley, for their India offices.
"I wanted to meet with some people who might be interested in employing our students so I am carrying resume books with quite a number of students who are interested in jobs here in India," said Snyder. Most of these students are Indian or first-generation immigrants. "We see a similar phenomenon with students interested in Brazil, South East Asia, China,"
Recruitment would be through a process of networking, rather than the traditional on-campus process.
Despite the economic downturn, Yale's MBA graduates have not faced a problem getting jobs, with 94% getting full-time jobs in the last recruitment cycle, said Snyder.
The business school has around 225 students per batch, with Indian students accounting for 10% of the total: the highest proportion of international students.
Snyder said the management school was also seeking to establish "a physical presence" in India, in the form of an office or centre, but not a campus. "I don't think Yale would offer degrees," said Snyder. "(It would be) more of a physical platform that would help us connect better with all sectors."
Speaking about applying to business schools in general, Snyder said that even two years of work experience is enough to apply. "We're trying to get the word out that even if you see the average is 4.8 years, remember that's the average, some are below and some are above it."