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MBA and M.Com Placement Policy - 2023-25
MBA and M.Com Placement Policy - 2023-25
MBA and M.Com Placement Policy - 2023-25
The placement policy is applicable to all the students registered for Campus
Placements/Internship under Department of Commerce and Management, Banasthali
Vidyapith and is to be followed during the academic session 2023-2025.
PLACEMENT POLICY:
A. Placement Process
Phase 1: To prepare the students the department initiates industry interaction for
students on campus through Guest Lectures, Live Projects, Workshops, Mock
interviews, CV and GD preparation, etc.
Phase 2: Placement Brochure with brief of student profiles and other relevant details are
shared with companies. The company shares job profiles and packages offered.
Phase 3: Based on factors such as profiles and locations offered, and students’ areas of
interest, companies are invited for campus drive.
Phase 4: Applications/Nominations are invited, and a database of shortlisted candidates
is created after screening. The resumes of shortlisted candidates are shared with the
company.
Phase 5: The company conducts Pre-Placement talk to give in-depth information
including roles, package and profiles being offered.
Phase 6: Companies conduct their selection process which typically comprises tests,
CV based short listing, group discussions, interviews, etc.
Stage 7: Final results are announced by the companies and offers are provided.
All students should adhere to the instructions from IIC regarding placements/internships.
Kindly note the following norms and processes shared in the document.
B. General Instructions for students
Registration:
Mandatory registrations under IIC: All the students interested in campus placements
have to register themselves with Industry Interaction Cell.
1. Students are required to register their email, phone no. and should be willing to
participate in placement activity.
2. Sharing the correct information about educational qualifications - percentage,
courses, streams, and status of results is essential in their CVs.
3. Students are mandatorily required to obtain the consent form (see Annexure A)
from their parents at the time of registration to the placement cell.
4. At the beginning of the placement season, each student is required to submit a
form indicating their preferred job domains within their specialized area. In case
the number of nominations (both for on-campus & off-campus) fails to meet the
minimum criteria set by the company, the placement cell may nominate students
for participation and students are expected to comply with this decision.
2. Nomination requirements:
1. Students are advised to create their CV with care. Sample references can be
obtained from placement cell and guidance can be sought for building a good CV.
2. Ensure to develop a proper profile on LinkedIn and ensure a dignified presence
on social media and other digital forums. Remember some organizations may
visit your social media accounts for a background check.
Communication:
1. The institute may require students to attend mentoring & other personality
development programs before appearing in drives to ensure better performance.
The personality development sessions would help students improve their
communication and presentation skills. It is mandatory for all students who are
looking for campus placements to attend the sessions. Those not attending may
not be allowed for further drives. However, the Industry Interaction Cell would
present such cases to the Dean, WISDOM before taking action.
2. A student development program will be conducted which mandates the
participation of all the students. Students failing to abide by the minimum 70%
attendance norms of the development program may not be allowed for further
drives. Before commencement of the drive, company specific knowledge and
brief subject domain knowledge will also be imparted to the students.
3. Mock Drives: Institute may take a screening round comprising aptitude test or
interviews etc. prior to the company process. Some of the sessions that are
declared compulsory to attend must be attended by all else, it would be treated
as indiscipline.
If a student gets On-campus offer from any company, then the student will not be
allowed to appear for any other placement drive with exceptions as mentioned below:
i. The opportunities will be given to the students who have got placement through
off- campus hiring process.
ii. It is desirable to follow one person one placement policy, however, to provide one
more chance to students for higher package profiles, the changes incorporated
are as under:
Students who receive job offers with a package of less than Rs. 6.50 Lakhs Per
Annum (LPA) will have the option to explore additional opportunities. These
students will be allowed to participate in the recruitment processes of companies
offering a package of Rs. 6.5 LPA or more.
Thus, while one person, one placement offers stay intact, but one more placement offer
aggregating not more than two in any case would be allowed.
Note: In exceptional cases, where the recruitment number by the company is less
and our relationship with the company is at stake, in that case the above
conditions will not be applicable, and we will inform students well in advance in
these cases.
E. Entrepreneurship/Incubation Facility:
The university offers provision for students to earn credits for working on innovative
prototypes/Startups in lieu of their internships in the 3rd Semester. The students can use
their internship period to work on their startup ideas. The student post proper review and
approval from the Head of the department must work closely under the mentorship of the
inhouse Atal Incubation Centre. The student will be subject to periodic reviews and will
be asked to discontinue her work at any given point of time if the AIC or the department
sees indiscipline, no progress in the work or lack of commitment by the student.
If any student wants to pursue working on their startups during any semester other than
the 3rd semester, they may be able to do so only upon the decision of the review
committee. To promote exceptionally promising startups by students in their continuing
years, the Vice Chancellor on recommendation of AIC and the HoD/ Dean may allow
relaxation.
The students who are working on their startups in the last year of their UG/PG programs
and are not sitting for placements, can sit for placements in the following year on an
exception basis. The student will only be allowed to sit for placements in the following
year based on the decision of the review committee and recommendation of AIC.
F. INTERNSHIP POLICY:
2. Internship duration
Once students submit their preferences/get selected, they will normally not be
permitted to make any changes.
4. Internship Process
Step 1: Students will select an organization for internship either with the help of
placement cell or by their own arrangements.
Step 2: Issue of covering letter, reference letter from placement cell office.
Step 4: During internship, there will be continuous guidance from faculty mentor.
Also, the students have to regularly brief their progress to their faculty mentor
regarding internship project report.
5. Other instructions
(b) If an internship is offered through university and student gets PPO, in that case
she has a choice to accept or reject the PPO, in case she accepts PPO she will
be considered placed and therefore cannot participate in further placement
drives. Once the student accepts such PPO, she will be considered placed and
rules of one person one placement will be applicable as per Point D above.
(c) If the student has sourced her own internship and the company offers PPO, the
student will still get opportunity for on- campus placement opportunities.
Dean
FMS-WISDOM
ANNEXURE A
I am interested in taking on-campus placements and will abide by the following terms
and conditions:
Parents’Name:
Parents’ Name Student’s Name:
Class:
Student Signature:
Date: