Several economies across the globe are dealing with a slowdown, but India’s corporate sector is among those, which are increasing the demand for management talent. The management consultants and multinational firms are progressively looking towards top B-schools to fill the gaps in the leadership that they consider important, thus, showing their positivity about the Indian growth story, notwithstanding the global uncertainties.
As per the industry insiders, the consulting Biggies are speeding up the recruitment process at the best B-schools in the country. The momentum of this trend is being supplied by increased project pipelines, various digital transformation projects, and the need for top-class decision-makers in the technology, finance, and consumer goods sectors, among others.
“India is a bright spot, even when global markets are cooling off,” said Anil Sharma, a recruitment lead at one of the top consulting companies. “The organizations are looking for managers who have the capability to handle the tricky situation and at the same time let the growth happen.”
The B-schools are reporting this year a significant increase in the number of students placed on campus and a competitive offer. The students are going through several rounds of interviews, case study competitions, and problem-solving evaluations, as well as companies trying to get hold of the best talents.
Hiring of experts is not only the issue of numbers, as experts point out. Companies are after a combination of analytical skills, leadership potential, and flexibility—characteristics that make one thrive in a dynamic business world.
Mid-sized firms and startups are reaping the benefits of the hiring wave as they are constantly forming alliances with B-schools to source skilled labor. For the students, it is a one-time chance to be a part of significant projects early in their careers and to be a contributor to India’s growth narrative.
Although there are still global challenges, the management talent market in India is shining, and thus it has become a case where both the companies and students can develop even when the situation is uncertain.
