Pimpri: Audyogik Shikshan Mandal (ASM) Group of Institutes, Pune is in the process of placing around 15 MBA/PGDM students in well renowned IT / Insurance companies even as the lockdown continues.
Seven students have been placed, and another 6-7 students are in the last stage of discussions. Another 30 students have appeared for interviews. Virtual Interviews were taken by HR managers using technology tools like zoom, chime, etc., who also provided offer letters to the students.
ASM Group has managed to bring more than six companies for Virtual Internship, work from home and 16 students got selected and with many more in the pipeline.
ASM Chairman Dr Sandeep Pachpande said, “We are delighted at our students being placed. We have taken to using technological tools like zoom, Google classrooms, Microsoft Teams and other social media tools for communications. This ensures that academics of students are not affected.”
Given the current recessionary trends, ASM Group has still managed to record excellent placement results with over 100 students placed in top corporates in just a week at the start of this year’s placements. A student has managed to get a salary of 12 lakh per year.
This news injects some cheer amidst the gloom as due to the COVID-19 pandemic and nationwide lockdown, India saw a 62 per cent decline in job hiring in April, led by hotel/restaurant/travel/airlines industries that saw a massive -90 per cent less hiring activity than the same month last year, a report said on Wednesday.
The aviation and hospitality industries were followed by auto/ancillary (-82 per cent), retail (-77 per cent) and accounting/finance (-70 per cent), according to Naukri JobSpeak Index.
The job market across cities registered a double-digit dip in hiring.
The decline was led by metros, wherein Delhi declined by 70 per cent followed by Chennai (-62 per cent), Kolkata (-60 per cent) and Mumbai (-60 per cent ).
There was an across-the-board decline in hiring at varying experience levels with the entry-level experience bands (0 to 3 yrs exp) witnessing the sharpest decline of 67 per cent.