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The first point
will soon loose its sting for the better as the trend at India's various
prominent B-schools reflects. MDI Gurgaon has reported a 100% placement
of its HR program students at a whopping average salary of INR 8.0 Lac
per annum. Similar figures have been reported by colleges like XLRI and
SCMHRD Pune and IIM Lucknow.
A similar script is being re-enacted at other lower-rung B-schools of
India like Welingkar's and IMT Ghaziabad.
As far as the second
point goes, HR as a function is a low strength domain at most of the
Indian B-schools (almost 2000 now) in the sense that typically the
percentage of students who decide to be part of this stream at B-schools
hovers at around the 10% mark. Resources being limited, the dominant
streams like marketing and finance end up getting a larger resource
quota allocation, and thus, the decline cycle of HR as a discipline
starts. It starts with the hiring of less qualified faculty due to
monetary constraints, translates into lower level of corporate interest
due to the low quality of faculty, and finally, it all adds up to paint
a really gloomy picture of HR as a career option.
In simpler words, it is a
self-fulfilling prophecy being enacted in the brains of MBA students -
"Because there haven't been any good placements in HR in the previous
years, students will not choose HR as a career. Since there would be a
lesser number of students choosing HR, they would be getting lousy
professors. Since they would be getting lousy professors, good companies
won't recruit from their college, resulting in lousy placements. These
lousy placements would spark off the initial idea of HR not being a good
option."
The smaller institutions
in this manner are proving detrimental to the cause of HR as a
discipline. They have their task cut out, if they mean to lift HR from
the status of an appendage, they would be better off bringing in
renowned faculty for their students; otherwise it is just a hogwash to
claim that they provide specialization in HR.
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