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IIM placements are like cattle fairs, says Tata Sons HR chief Satish Pradhan

AHMEDABAD: Campus placements at top business schools are like cattle fairs held at Pushkar every year, said Tata Sons chief (Group HR) Satish Pradhan while addressing the annual national business summit, Confluence-2011, at IIM-Ahmedabad on Friday. Pradhan said the campus placements in institutes like IIMs are like auctioning of cattle at Pushkar mela, where cattle are groomed and painted so that they fetch the best price at the auction. Just like cattle is paraded and traded at the fair, the highest tag goes to the student with the best performance during the two years (of their programme), he said. Pradhan said first everybody competes hard to get into the top rung institutes like IIM-A and then they compete harder to get better packages, neglecting other options like becoming entrepreneurs, business leaders and agents of change. Is that the way to go? Will you be happy selling derivatives, living in a penthouse and driving expensive cars while the rest of the world goes to the dogs? he asked. He urged the students to find ways to improve the quality of their competitiveness. One of the things that cannot be taught is working with the people. Events like Confluence are an opportunity to learn and relish such things, Pradhan said, adding that students should not only focus on learning to upgrade their portfolio but learn intangible lessons from life around them. During a recent visit to IIT Gandhinagar (IIT-GN), Murthy had said very few world-class researches came out of IITs and IIMs in the last decade.

                                                                                                               
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