IIM-A's decision to change its student placement system will mean recruiters and students will get more time to gauge each other's potential
India’s premier business school IIM-Ahmedabad did the unthinkable — it junked its day-based placement system that has been around for decades and replaced it with a cohort-based system.
In the day system, recruiters converged on campus during the designated placement week. The most-coveted companies would come on the first day or Day Zero, and get a chance to interview students first. For business schools, the day-based system became a barometer of success. The less time you took to place your batch, the more successful you were.
(This story appears in the 19 February, 2010 issue of Forbes India. To visit our Archives, click here.)