Placement Policy

Placement Policy:
Campus placements is a key activity at Praxis Business School and is given the seriousness it deserves. The entire placement process is handled by the Placement Committee which comprises two members of staff and 12 – 20 members from the student body, including both batches. The Praxis Business School placement policy has the following components:

Eligibility:

  • No fee is due.
  • No backlogs at the time of application to organizations
  • The Summer Internship program and other academic requirements need to be fulfilled by the student.
  • The student should have a CQPI score of 4.0 out of 8 to be eligible for Final Placements.

Registration:

  • Students shall complete the enrolment process well before the start of the placement cycle.
  • Students need to get their Superset profiles verified by the Placement Coordinators.
  • All the documents (scorecards, identification proofs, and relevant certificates) are updated in the Superset.

Rules:

  • Praxis Business School follows a one offer policy, which means once an organization has confirmed its selections the selected students will be taken out of all other placement processes.
  • Students are free to apply to any organizations till Dec, 31st. From Jan 1st all eligible students will be considered as applicants for all recruiting organizations.
  • Once a student has applied to an organization, they will not be allowed to withdraw from the same under any circumstances.
  • Missing any step of a recruitment process will result in the student getting debarred for 5 organizations that he/she is eligible for.
  • Campus recruitments will end on 31st March.

Communication:

  • On confirmation of an offer from an organization by the Placement Committee, eligible students are required to submit their updated Superset format resume along with the formal photograph attached to it, to the Placement Coordinators.
  • The resume should be submitted within the given time frame, else it will not be considered for the further procedure for a particular company.
  • Students are allowed to apply to organizations on their own. They, however, have to inform Placement Coordinators in an email on receipt of an off-campus offer.
  • In case the same organization comes for campus placement, the student has to inform the Placement Committee about their previous application in the organization.
  • If a company has approached the college for the placement, then no student is allowed to connect with the company personally without the Placement Committee’s permission.
  • Students are advised to keep sufficient copies of their resumes, photographs, and basic documents to submit before the deadline.
  • Students can apply to any organization only against functional positions announced by the organization.
  • The placement department shall not entertain any resume for other functional areas which are not specified by the company.
  • The month of November is considered for initiation of placement exercise (Zero-day)

Shortlisting:

  • Students will be selected on the basis of their resumes submitted to the company, and the selected candidate’s name will be intimated to the Placement Committee by the company along with as far as details.

Interview procedure:

  • Interview schedules which are prepared by the Placement Officers shall be given to the visiting executives and no modification will be considered except under any unusual circumstances.
  • Students shall keep themselves informed about the organization and positions for which they will apply.
  • Students shall go through the Job Description provided by the company because that will be very useful at the time of the interview.
  • Students shall be prepared for appearing in Written Tests, group discussions, and Personal Interviews, particularly in respect of the specified company in which they are applying.
  • Praxis Business School will ensure adequate bandwidth on campus for online interviews. In the event the candidate opts to sit for the interview from another location, lack of adequate bandwidth will not be allowed as a reason for a re-interview.
  • Students are not allowed to negotiate with the executive about the salary until and unless the announcement specifies that the salary is negotiable.
  • Students are not allowed to raise any questions against the rules and regulations set by the company.
  • During the time of the interview, students shall wear formal attire and follow the decorum of the interview room. Any instance of misbehaviour during interviews will lead to the student being signed out of placements.
  • The selection process may take place in any city/town as per the corporate’s convenience and the student will be asked to travel and attend the same.
  • For the above-mentioned point, all the details will be provided by the Placement Members to the concerned students. These students are expected to make their own travel and other arrangements.

Offers:

  • Students can have multiple attempts to secure their first job from campus. Once they have received an offer, they are automatically signed out from all placement processes and deemed as placed.

The Placement Committee:
The student members of the PlaceComm (the placement committee) at Praxis Business School are selected after a rigorous series of interviews by the senior placecom members as well as the chairperson. Every year close to 40% of the batch applies for the PlaceComm positions from which about 6-10 students are finally selected.
Placement is one of the key activities at Praxis Business School. The placement committee liaisons between the distinguished employers pan India and the students at Praxis Business School. The placement committee is headed by a chairperson and the placecom members. The committee reports to the Founder-Director.
Placement activities at the institute start from November and continue till March every year. Praxis Business School has a well established Day Zero campus placements activity for the final year students which start at 5:00 AM and has 20+ organizations participating.
Placements for summer internships start a week after the official day zero and continue till end of February of the following year.
The Term 3 for the first-year students ends in March, after which they join their respective organizations for a period of 8 weeks for their summer internships. The placement committee strives to ensure that all the final year and first year students are placed with the corporates for their final placement and internship respectively.

Praxis Business School Placement & Corporate Relations Committee:

Sr .No. Name Designation Role
1 Prof. Puja Singh Ghosh Assistant Professor Chairperson – Placement
2 Mr. Kaushik Sarkar Head – Placement & Corporate Relations Member
3 Mr. Anirudh Kejariwal Student – PGDM Year 2 Sr. PlaceCom Member
4 Mr. Sandeep Dey Student – PGDM Year 2 Sr. PlaceCom Member
5 Ms. Farheen Masood Student – PGDM Year 2 Sr. PlaceCom Member
6 Mr. Sumit Kr Dubey Student – PGDM Year 2 Sr. PlaceCom Member
7 Ms. Ekta Student – PGDM Year 1 Sr. PlaceCom Member
8 Ms. Akshita Paul Student – PGDM Year 1 Jr. PlaceCom Member
9 Ms. Anita Kumbhakar Student – PGDM Year 1 Jr. PlaceCom Member
10 Mr. Ayush Chourasia Student – PGDM Year 1 Jr. PlaceCom Member
11 Ms. Priyanka Gupta Student – PGDM Year 1 Jr. PlaceCom Member
12 Ms. Anwesha Kundu Student – PGDM Year 1 Jr. PlaceCom Member
13 Mr. Jyotirmoy Mahato Student – PGDM Year 1 Jr. PlaceCom Member
14 Mr. Rajarshi Das Student – PGDM Year 1 Jr. PlaceCom Member
15 Ms. Ritika Das Student – PGDM Year 1 Jr. PlaceCom Member

Placement Process – Planning & Scheduling:
The Placement Committee initiates the process with formal meetings that includes (but not restricted to) the following:

  • Placement planning for the upcoming year
  • Review of list of companies who participated in the placement process in the previous year(s)
  • Review of the targeted list of new companies who the institute would like to participate in the forthcoming placement program
  • Preparation of Placement Brochure & presentation
  • A detailed review of the student profile on Superset (finals and summers)

Placement Preparation:
Praxis Business School has tied-up with a third party vendor, with proven expertise in this area, for placement preparations. From the current batch (2023-25), the preparations will start from August onwards for SIP and July onwards for Final placements.

Scope of Preparation includes:

1 x 1 Training sessions
Module Activity Process
1. Mock Interview
★Process
Mock Interview – Pointed technical feedback • Students choose a JD which is in their area of interest
• CareerCarve identifies industry experts for interviews based on JD
• Conducted online at convenient slot for both students and mentor
• Feedback about areas that need improvement. Individual feedback will be shared with the students. College to get collated feedback
2. Diagnostic Interview
★Process
Students get a sense of their level of preparedness for final placements • Students to choose a JD which is in their area of interest
• CareerCarve identifies industry experts for interviews based on JD
• Conducted online at slot convenient for both student & mentor
• Feedback about areas that need improvement. Individual feedback will be shared with the students. College to get collated feedback
• Sets the tone for further activities to be conducted and builds a sense of purpose and seriousness
3. Resume Discussion Finest inputs to customize resume as per the role chosen • Student gets session scheduled with a mentor based on area of interest
• Student can discuss like additional points to add on the resume, what elements of work-ex, SIP or projects to focus on, keywords or metrics important for a specific role, additional projects/assignments to improve role fitment for role, etc
• Mentors to highlight major missing areas and corrections to be made to resume in line with intended role
4. PI Questions from Resume
★Module
Session to identify questions from resume • Student to choose primary area of interest for the session
• Mentor mapped to student basis area of interest
• Mentor to identify large number of questions that may be asked in the interview basis the resume, given the area of interest
5. Case Interview Precise preparation for consulting/product management like roles • A handful of selected mentors with background in Consulting, Product Management or similar roles to conduct these interviews
• Sessions designed around cases very similar to actual case interview
• Mentor would share detailed feedback with students, concepts to revisit and any other means to improve performance in case interview
6. SIP Success High impact guide to improve performance in SIP leading to PPO/PPI/Solid project • A few days before start of SIP, student is provided with a starter kit to prepare themselves well
• On Day 1 of SIP, a kit to plan internship for best outcome is shared
• Once candidate has spent 2-3 weeks, they have to be ready for a 1×1 session with the industry mentor
• Based on area of SIP, student will be assigned relevant industry mentor
• Student to discuss aim of the project, actions taken so far, future actions planned and expected & possible project outcomes based on guidelines provided in the kit
• Mentor, with in-depth experience, to guide student on what changes need to be implemented in current plan, suggest more actions to be taken, new parameters and additional outcomes to pursue
• Mentor to guide on behavioral aspect which plays vital role in PPO/PPI
7. Training Nitro Boost Additional support for last 5% of candidates • Individual/ small group handholding to ensure that students get required advice and counseling to convert interview opportunities
• Placement office to reach out to CareerCarve with student resume, placement performance including company, JD & process performance
• Advice includes 1X1 mentoring, CV changes, analysis of past interviews and GDs and corrective action required
8. Expert Connect
★Module
An open-ended discussion with a mentor of choice • Student selects area of interest for the session
• Mentor with same expertise is identified
• During the session, students can discuss doubts or clarifications regarding career, role, resume, preparation, GD, interview process
• This session can also be used by student to just destress before an actual process by talking someone from similar background
• Session has no set outcome or agenda. It evolves during the discussion and student’s expectation from session
Group Sessions
Module Activity Process
1. Group Discussion Preparation Understanding GDs – what, what not to do and sample GDs • A detailed guideline about group discussion conducted on campus
• Type of GDs, behavioral aspect, body language, ways to approach various topics, how to analyze and present, etccovered
• Frameworks to generate and present points of view explained
2. Mock Group Discussion Hands-on experience of GD • All mock GDs will be conducted for specific roles (eg- Marketing, Consulting, Sales, etc) and feedback will be based on role requirement
• Groups of 12 will be created based on areas of interest/role • Each group will undergo a GD up to 1 hour long
• Individual feedback (limited to the role requirement) to be shared
3. Behavioral Interview Preparation
★Content
Guidelines to answer behavioral questions • Guidelines on common interview questions shared with specialization wise examples
• Students to create answers as per guidelines provided
• Works as a precursor to personal interview
4. Case Interview Preparation Preparing for the cases/ situations asked in interviews • Explanation & analysis of most common types of cases used
• Sessions crafted by industry mentors from consulting background
• Every session covers sample cases, with solutions
• Practice cases shared with students
5. Company specific role and JD analysis Discussion on roles and sectors relevant to placement process • JDs for identified companies will be used
• Session to explain the role and provide insight into how this role fits into the company value chain and explain key sector dynamics
• Deep dive on job expectation, required skills, kind of prior work experience which can be relevant. Tips on how to prepare
• Around 20 roles will be covered. Can be customized
Subscriptions
Module Activity Process
1.Resumes – Digital 1 year access to proprietary AI resume builder • Students will have access of CareerCarve’s proprietary AI driven resume building tool – Resumes.Digital
• The college format will be auto enabled for the student and the students to build their resume from scratch using large set of examples and superb suggestions from AI engine to make each point perfect
• Students to have access to the portal all year long so that they can write perfect resume points as and when they need to add new points
• Resumes.Digital will let students maintain multiple versions of 1 page resumes required for applying to multiple roles
2. CareerCarve Exclusive content about MBA careers, placements and more • Access to podcasts and sessions available only on the CareerCarve app
• Content created exclusively for CareerCarve community by large pool of industry mentors
• Role, sector, process deep dives for students to understand nuances of MBA roles and preparation required
• Built in byte size pieces for easy search and consumption
• All group sessions (excluding Mock GD) and Webinars made available
3. Role Analysis
★Process
Preparation handbook for roles relevant to campus placements • Top roles are analyzed in detail by mentors for technical preparation
• Representative list of companies where the role exists shared
• Sectoral/ Industry level questions compiled for students to research
• Large set of concept/technical/case questions listed for handy access
• Areas to highlight in CV for the role clearly explained
• Very useful for company specific preparation
Webinar
Module Activity Process
1. Career Options
★Content
Analysis of all the roles an MBA can pursue • Conducted on predetermined dates & open to CareerCarvecommunity
• Schedule for each specialization wise session to be published in advance
• Students can join session as per their area of interest
• Session anchored by CareerCarve team member to ensure high quality
• Mentor will explain various roles under each specialization, day to day
2. JD Analysis
★Module
Decoding JDs for most common MBA roles • Conducted on predetermined dates open to Career Carve community
• A detailed list of JDs used for JD analysis will be published
• Schedule, JD, mentor profile, etc. to be shared with college & students
• Students can join session as per their area of interest
• Session anchored by CareerCarve team member to ensure high quality
• Mentor to explain the role and expected skills & behaviors
• Mentor to discuss expected interview questions based on company, sector and function
• At the end of the session, student get a large set of questions for the JD
• Students can clarify doubts by sharing them on chat

Apart from these the following activities are also conducted:

  • Organizing Career Counseling sessions by external experts, including members of the Praxis Business School alumni, for providing guidance and addressing their academic and career concerns
  • Conducting Mock Group Discussions for students to enhance their critical thinking, communication, body language, presentation and prepare them better for the selection process.
  • Organizing development sessions for Resume Writing and Interview(s) skills development sessions by industry experts.
  • Coordinating with various cells for preparation and training of students on Aptitude, Linguistic, Logical Reasoning and Quantitative skills.
  • Facilitating workshops for students with the help of other cells like HR club, Alumni cell, Marketing club, TOFI etc. to help them gain skills and expertise in respective domains.
  • Facilitating company specific workshops for shortlisted students to help them succeed in the interview(s).

Placement Process-Planning & Scheduling

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