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Jobs on line, 25% rise in B-school hopefuls

Kapil Bhatia , a software engineer at a multinational company, is not sure what’s in store for him next month. The 23-year-old won’t be surprised if he’s handed the pink slip at the month-end, when he is due to finish his current project, reports Snehal Rebello.

Updated on: Feb 6, 2009, 24:49:25 IST
Hindustan Times | By , Mumbai
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Kapil Bhatia , a software engineer at a multinational company, is not sure what’s in store for him next month. The 23-year-old won’t be surprised if he’s handed the pink slip at the month-end, when he is due to finish his current project.

HT Image
HT Image

But he doesn’t have the time to brood. He’s preparing for the common entrance test (CET) for business schools all over the state, to be held on February 15.

“Market conditions are sure to improve in two years, by the time I finish my MBA,” he said.

As companies trim their staff and cut back on hiring, many professionals are going back to school to ride out the slump.

So are fresh graduates like Jasmita Sethi, who is finishing her Bachelor of Management Studies. “The number of companies visiting campuses has fallen by half from last year. On the advice of my seniors, I decided to do an MBA,” she said.

The number of candidates enrolled for the CET for management courses has jumped 25 per cent from last year.

Uday Salunkhe, director of Welingkar Institute of Management Studies, said there is a 20 per cent rise in applications for an MBA course for professionals.

Enrolment in Triumphant Institute of Management Education’s coaching class for CET has almost doubled, from 3,500 in 2008 to 6,500 this year.

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