Management institutes are simultaneously inviting more companies to minimise the chances of fewer placement offers this season.
Some directors think pooling their resources - financial and faculty - for their international foray makes eminent sense.
On the back of the global economic slowdown last year, most management institutes had to take steps like extending their final placement week by a few days and inviting more companies to campus to ensure better work opportunities to their students.
Following a "raw" deal by the Union Ministry of Human Resource Development (MHRD), which issued a notification on September 16 that deprived them of an immediate pay rise and ignored other demands for enhanced allowances, faculty of the Indian Institutes of Technology (IITs) have decided to express its dissatisfication with the Centre in a novel way.
The Union Ministry of Human Resource Development (MHRD) has killed hopes of an immediate pay rise for the faculty of centrally funded technical institutions like the Indian Institutes of Technology (IITs), Indian Institutes of Management (IIMs) and Indian Institute of Science.
Thousands of students who took the Common Admission Test (CAT) this November fear the increased weight given to verbal questions may cost them their place at the top ranked B-schools.