A few aggressive companies are going all out to attract talent even in a slowdown, as data from 21 top B-schools shows. There were quite a few surprises this year, and new entrants upstaged older players in this war.
NEW DELHI/MUMBAI: The IT services sector is perhaps the worst hit by global economic turbulence over the past few years. But when one company from this industry hires more MBAs from 21 top B-schools than any other company across all sectors, you know it is doing something right.
Cognizant, number one in India's Top Recruiters list this year, also featured in the top ten in the previous two years.
It hires one MBA for every 20-25 tech professionals and this, the company believes, is the best way to beat the industry-wide slowdown. "Our industry-leading growth is, in part, a function of our ability to proactively provide solutions to business problems and not just technological capability . This attribute is strengthened by our MBA talent," says R Chandrasekaran, group chief executive , technology and operations.
At Cognizant, MBAs undertake a varied spectrum of roles such as IT consulting, client relationship management, business development, opportunity assessment , M&A, business integration and analytics. The company hired more than 200 MBA students from the 2013 graduating batch. And it is not done hiring yet. "We now have several groups within our Emerging Business Accelerator businesses, looking for MBA talent for their ventures," says Chandrasekaran.
ET reached out to the country's top 21 B-schools and compiled hiring data from over 119 companies to put together the third edition of 'India's Top Recuiters List.' Capgemini, a new entrant in this list, made it all the way to the number two slot.
"We doubled our B-school hire intake this year," says Rajesh Padmanabhan, head, HR. "We engage with a few campuses and keep reviewing this list based on our experience of candidate performance, retention rates and their overall progress," says Padmanabhan. BCG, which hired more than rival McKinsey, made the most of the slowdown.
List Of Top 10 Recruiters At Each Of The Top 10 B Schools
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