Top B-schools are doing background checks on startups
2 years, 7 months ago

Top B-schools are doing background checks on startups

Live Mint  

MUMBAI : Top engineering and business schools are taking a hard look at the startups turning up for campus recruitments following layoffs in the sector, placement heads at multiple institutions said. Some of the premier colleges said they would insist that the new startups first hire during summer internships and come for campus placements later to ensure their need for campus recruits is more than a hiring milestone. There is also a cap that the new startups have to take at least five students from the campus, which shows their keenness for recruitment from the campus," said the placement head of one of the older IIMs. Over the past decade, startups and e-commerce companies have competed with legacy firms, big tech, banks and consulting majors in recruiting students with high salaries, senior designations and stock options.

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