Assam University's MBA: 35 out of 46 placed, highest package only Rs 10 LPA; HOD says "pandemic impact"

The Jawaharlal Nehru School of Management Studies or the Business Administration Department of Assam University Silchar has placed nearly 80% of its students. Out of 46 students in the Masters of Business Administration branch, 35 got placed in different companies where the interviews were held online and offline as well. Among them, the highest package of 10 lakhs per annum was secured by Ananya Home Choudhury.

Among the top recruiters were ITC, ICICI Bank and Securities, Dalmia Cement, Bandhan Bank and Micro Finance, and others. This is the 25th batch of the department established in 1997, and they are very proud to have this high number of placements in prestigious companies even before the completion of their final semester.

Talking to Barak Bulletin correspondent, the departmental head, H. Ramananda Singh said, “Our faculty members are well coordinated and the placement team is very strong. They are constantly in touch with the different companies hiring. Along with that, our Assam University has its own fame, for this reason the companies want to visit us. Due to the ongoing pandemic the recruitment process was held online and 35 students got placed successfully where we had just 46 students. Rest of the students will be placed soon, there are other companies lined up for interviews”.

Talking about the recruitment procedure he said, “Our aim is to get all the students placed by the end of their course, for that reason, we ask them to sit for all the interview rounds until they are placed. Once a student is placed in a company, we don’t allow them to participate in another round so that everyone can get placed”.

When asked whether 10 LPA is something for a Central University to boast about, the professor replied, “Yes, it is less but we don’t know what the companies have in mind. This year due to the ongoing pandemic, they have reduced salaries. Due to cost reduction and other measures, we couldn’t secure a higher package in these times. It depends upon the companies’ requirements what they can offer and what they’re looking for. Let’s see what happens in the coming days, even in this situation our students are getting placed and so we are happy. In normal situation, the scenario would have been better”.

Last year, during a global launch of the UN Principles for Responsible Digital Payments at Global Fintech Fest, the Union Finance Minister, Nirmala Sitharaman said, “India has created jobs during the pandemic”. While other Central Universities and even the National Institute of Technology, Silchar bags over 30 LPA packages, why is the only central university in Barak Valley lagging behind also remains a question to ponder upon.