Enterprise first option for IIM grads
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Enterprise first option for IIM grads

The management graduates are eyeing their family businesses rather than job offers.

india Updated: Mar 11, 2006 16:37 IST
Rathin Das

The IIM top brass take pride in the lucrative job deals their graduates are clinching with each passing year. But the number of B-School graduates spurning such irresistible offers is also rising. Mind you, the management graduates are eyeing their family businesses.

At least six students have opted out of the placement session currently on at the campus. Of these, three had opted out last year, while only had left on his own in 2004. There are at least two graduates who are having a re-think on whether to take up a job offer or start a venture of their own.

These young men, who have refused job offers, represent the new breed of graduates who are confident of the projects they want to embark on. Commenting on the trend, IIM-Ahmedabad director, Bakul Dholakia, said, “If they succeed as entrepreneurs, therein will lie the real test of the training we impart here.”

The growth of the economy is fuelling business and more entrepreneurs would naturally come up, said Mansur Ahmed, 25, who spurned an offer from the Deutsche Bank to start his mobile phone gaming firm. Similarly, Rohit Shankar and Nikhil Vaswani have already registered a Bepositive Wellness Services Pvt. Ltd that would provide ‘preventive health’ to overstressed corporate executives, especially in the IT and BPO sectors.

“Our corporate clients would get back their money’s worth in terms of less medical expenses, less absenteeism, increased productivity and less attrition rate,” said Rohit and Nikhil, both computer engineers who had joined IIM-A for a management degree. And, there is also Gaurav Dagaonkar, 23, who prefers a career in music and wants to start his own music company.

A vocalist in a college band, Gaurav has already composed eight songs in Hindi and three in English. And, for diehard fans of Indian Football, Satyajit Sadanandan, a graduate of IIM, Lucknow wants to develop football clubs on the lines of European clubs.

The new crop
• Mansur Ahmed, 25, spurned job offer from Deutsche Bank to start a mobile
phone gaming firm
• Rohit Shankar & Nikhil Vaswani, started own company to provide ‘preventive
health’ to over-stressed executives, in IT andBPO sectors
• Gaurav Dagaonkar, 23, prefers a career in music and wants to start his own
music company
• Satyajit Sadanandan, an IIM Lucknow graduate, aims to develop football on
the business model of European clubs

First Published: Mar 11, 2006 13:07 IST