| | 8 May 2018HIGHERReviewIN MY VIEWIN MY VIEWAN IN-DEPTH ANALYSIS ON THE RECRUITMENT PROCESS FOR MBA GRADUATES POST-DEMONETISATION AND GST By Manek Daruvala, Founder & Director, T.I.M.EIn the year 2017, the country was going through the af-ter-effects of demonetisation with GST. Students did not know what to expect and industry was obvious-ly playing safe. Companies tackled this in their own ways - some had a complete hiring freeze while others cut down on their hiring plans. This had led to a conclusion that the MBA job placements would not be that rosy this time around. But, MBA placements witnessed a growth as usual ­ an extremely encouraging outcome. Average salaries at the top-30 MBA campuses saw a very positive growth of over 7 percent. Many companies, against the expected trend, increased their MBA hiring. Cognizant Consulting, according to reports, hired close to 600 MBA students from the 2017 batch of top management schools. Technology major, Microsoft, hired 30 percent more MBAs this year than last year. Globally too, things were looking good for MBAs, against the generally prevalent gloomy economic picture. The findings of the latest QS TopMBA.com Jobs & Salary Trends Report ­ based on a global survey of 4,300 active-ly hiring MBA employers shows that MBA job opportu-nities have raised by 14 percent globally. Global hiring projections for 2017 were robust for recent MBA grad-uates, reflecting optimistic company outlook towards them. Globally, 86 percent of companies planned to hire recent MBA graduates in 2017, up from 79 percent that hired them in 2016 as per a report by GMAC. The report also says that most employers would place recent graduate business hires in a mid-level positions, further indicating the strength of MBAs. Manek Daruvala is the current Founder and Director of the T.I.M.E institute. He completed Post Graduation in Management from IIM, Ahmedabad which is one of the most prestigious institutes for Management studies. Later, he worked with The Godrej Group which is an global conglomerate for 6 years and later founded T.I.M.E institute which provides training for various competitive exams at graduate and post graduate level. Manek Daruvala
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