Year after year, the placements of GIFT have kept getting better. GIFT is consider as one of the best college internationally and were proud to offer the best breed of designers, managers and leaders to the corporate sector. GIFT students receive intensive training for specific periods. This exposure familiarizes them with the main stream of industry operation and trains them for grueling and demanding world of corporate.
Placement is the end goal of a professional career education . Interview and group discussion is conducted with other tuned with situations.
In year 2000, 51 percent of students get placement from Fashion Department and 48 percent from Interior department which gradually increases and we are proud to say that today more than 85 percent of our students work under reputed organization.
The last year was considered as the worst period for management graduates. US economy went into recession and growth of most other major economies slowed down. Companies put freeze on hiring. As a result, the demand for MBA’s plummeted to never-before lows.
Fortunately, now at the beginning of 2009, the economic condition is rebounding and recruiters scheduled 30 percent more interviews this year as compared to the last year. Even interviews for internship positions increased by 20 percent. As the economy is gradually pick up steam, recruiting budgets are bouncing back to normal.
GIFT are trying out some innovative measures to give recruitment a boost. We have introduced special programmes to help our student in their job search. Management consultancies and investment banks, which have traditionally been two of the biggest recruiters, are coming back on campus. Economic conditions have enabled more businesses to retain consulting firms and bankers for projects, leading to more recruitment in these sectors. Consulting & financial services combined will most likely account for over half of all full-time offers this year.
Some of the factors driving the revival are very region specific. The Asian markets provide exciting growth opportunities for local & international firms. To support those growth companies need high-fliers to develop new ideas and provide a mix of local knowledge with best practices from mature markets.
There’s another factor that could impact the job market for the next two years: the supply of MBAs.