Department of Commerce & Management

MBA, M.Com Placement Policy 2023-2025

Prepared by: Industry Interaction Cell (IIC)

The placement policy is applicable to all the students registered for Campus
Placements/Internship under Department of Commerce and Management, Banasthali
Vidyapith and is to be followed during the academic session 2023-2025.

PLACEMENT POLICY:
A. Placement Process

Phase 1: To prepare the students the department initiates industry interaction for
students on campus through Guest Lectures, Live Projects, Workshops, Mock
interviews, CV and GD preparation, etc.
Phase 2: Placement Brochure with brief of student profiles and other relevant details are
shared with companies. The company shares job profiles and packages offered.
Phase 3: Based on factors such as profiles and locations offered, and students’ areas of
interest, companies are invited for campus drive.
Phase 4: Applications/Nominations are invited, and a database of shortlisted candidates
is created after screening. The resumes of shortlisted candidates are shared with the
company.
Phase 5: The company conducts Pre-Placement talk to give in-depth information
including roles, package and profiles being offered.
Phase 6: Companies conduct their selection process which typically comprises tests,
CV based short listing, group discussions, interviews, etc.
Stage 7: Final results are announced by the companies and offers are provided.

All students should adhere to the instructions from IIC regarding placements/internships.
Kindly note the following norms and processes shared in the document.
 B. General Instructions for students

Registration:

Mandatory registrations under IIC: All the students interested in campus placements
have to register themselves with Industry Interaction Cell.

1. Students are required to register their email, phone no. and should be willing to
participate in placement activity.
2. Sharing the correct information about educational qualifications - percentage,
courses, streams, and status of results is essential in their CVs.
3. Students are mandatorily required to obtain the consent form (see Annexure A)
from their parents at the time of registration to the placement cell.
4. At the beginning of the placement season, each student is required to submit a
form indicating their preferred job domains within their specialized area. In case
the number of nominations (both for on-campus & off-campus) fails to meet the
minimum criteria set by the company, the placement cell may nominate students
for participation and students are expected to comply with this decision.

Applying for jobs/filing nominations:

1. After the details of jobs are informed, students are welcome to ask their questions
before submitting nominations. However, once the student nominates herself and
does not turn up for further process, she will be debarred from campus
recruitment in future.

2. Nomination requirements:

a. Nominations for interested organizations are to be given within 24 hours

of receiving the mail/announcement, failing which students will not be
allowed for further process.
b. Students are mandatorily required to check the company profile and
background thoroughly before applying.
c. It is mandatory for the student to attend the pre-placement talk.
d. Once students apply to a company, any absenteeism from the drive or
declining of offer letter may lead to debarment of the students from
further campus drives.
During Pre-Placement Talks/Tests/GDs/Interviews:

1. Kindly be seated 20 minutes prior to the start of any activity.

2. Students must carry their Smart cards during interviews & screening tests. No
one would be allowed to enter the test/interview venue without the card.
3. Students must carry the CVs, Original certificates, and copies thereof while
appearing for the interviews.
4. Dress Code: Formal/Western wear only in Khadi for interview is permitted.
Students are required to wear formal footwear.
5. The date/time/venue of the interviews may be subject to change which, at times,
may be at short notice. Students must keep themselves well informed by
regularly checking their emails/ department’s notice board and announcement in
hostels.

CV/Linked Profiles and other digital presence:

1. Students are advised to create their CV with care. Sample references can be
obtained from placement cell and guidance can be sought for building a good CV.
2. Ensure to develop a proper profile on LinkedIn and ensure a dignified presence
on social media and other digital forums. Remember some organizations may
visit your social media accounts for a background check.

Communication:

1. Keep IIC as a single point of contact. If a student directly approaches the HR of

the company, she will not be allowed to participate in any other further placement
process. It is strongly recommended to reach HR through the IIC.
2. Please note that all the students are expected to respond promptly to any mail /
communication sent by the Industry Interaction cell.
3. Email communication should be primarily done through institute email id with a
copy (CC) to the placement cell.
4. In case the student is not able to join the company, denial of offer or late joining,
such communications are to be made through the placement cell only.
5. Ensure to check subject line, body, and salutation before sending emails.
6. In case of any confusion/doubt, reach out to placement cell student
coordinators/office/teachers.
7. Strict action may be taken on account of any delay or gross negligence.
 C. Placement Cell Student Coordinators:

Process of Appointing student placement coordinators:

 Call for Nominations: Placement Cell announces the opportunity for interested
students to nominate themselves for the role of placement coordinator.
 Criteria: In general students for this role are expected to be good at
communication skills, leadership abilities, organizational capabilities, etc.
Selection Process of Student placement coordinators:
 Presentation Phase:
 Topic Allocation: A topic or scenario to each candidate will be assigned for
presentation.
 Presentation Evaluation: The candidates will be assessed based on their
presentation content, delivery, and ability to articulate ideas.
 Interview and Final Selection: The students will be selected based on profile,
presentation and an interview.

Roles and responsibilities of Student placement coordinators:

 Lead Generation for New Companies.

 Assisting in Corporate Communication.
 Managing Internship and Placement Drives.
 Assisting in Soft Skills Development of Students.
 Assisting in Conducting Mock Placement Drives.
 Assisting in Maintaining Alumnae Database.

D. Student Development Program

1. The institute may require students to attend mentoring & other personality
development programs before appearing in drives to ensure better performance.
The personality development sessions would help students improve their
communication and presentation skills. It is mandatory for all students who are
looking for campus placements to attend the sessions. Those not attending may
not be allowed for further drives. However, the Industry Interaction Cell would
present such cases to the Dean, WISDOM before taking action.
2. A student development program will be conducted which mandates the
participation of all the students. Students failing to abide by the minimum 70%
attendance norms of the development program may not be allowed for further
drives. Before commencement of the drive, company specific knowledge and
brief subject domain knowledge will also be imparted to the students.
3. Mock Drives: Institute may take a screening round comprising aptitude test or
interviews etc. prior to the company process. Some of the sessions that are
 declared compulsory to attend must be attended by all else, it would be treated
as indiscipline.

D. One Student One Placement Policy:

If a student gets On-campus offer from any company, then the student will not be
allowed to appear for any other placement drive with exceptions as mentioned below:
i. The opportunities will be given to the students who have got placement through
off- campus hiring process.
ii. It is desirable to follow one person one placement policy, however, to provide one
more chance to students for higher package profiles, the changes incorporated
are as under:

Students who receive job offers with a package of less than Rs. 6.50 Lakhs Per
Annum (LPA) will have the option to explore additional opportunities. These
students will be allowed to participate in the recruitment processes of companies
offering a package of Rs. 6.5 LPA or more.

Thus, while one person, one placement offers stay intact, but one more placement offer
aggregating not more than two in any case would be allowed.

Note: In exceptional cases, where the recruitment number by the company is less
and our relationship with the company is at stake, in that case the above
conditions will not be applicable, and we will inform students well in advance in
these cases.
 E. Entrepreneurship/Incubation Facility:

Banasthali Vidyapith encourages its students to pursue Entrepreneurship as a career.

To achieve this, elective courses are offered across the departments that include
entrepreneurship, design thinking, social entrepreneurship etc. Further, the Vidyapith
through entrepreneurship cell orients the students towards entrepreneurship. The
Vidyapith also has Atal Incubation Centre supported by NITI Aayog, Government of India
that has supported several women led startups.

The university offers provision for students to earn credits for working on innovative
prototypes/Startups in lieu of their internships in the 3rd Semester. The students can use
their internship period to work on their startup ideas. The student post proper review and
approval from the Head of the department must work closely under the mentorship of the
inhouse Atal Incubation Centre. The student will be subject to periodic reviews and will
be asked to discontinue her work at any given point of time if the AIC or the department
sees indiscipline, no progress in the work or lack of commitment by the student.

If any student wants to pursue working on their startups during any semester other than
the 3rd semester, they may be able to do so only upon the decision of the review
committee. To promote exceptionally promising startups by students in their continuing
years, the Vice Chancellor on recommendation of AIC and the HoD/ Dean may allow
relaxation.

The students who are working on their startups in the last year of their UG/PG programs
and are not sitting for placements, can sit for placements in the following year on an
exception basis. The student will only be allowed to sit for placements in the following
year based on the decision of the review committee and recommendation of AIC.
 F. INTERNSHIP POLICY:

1. Objectives of internship project:

The purpose of the internship program is to impart industrial exposure to the

students that facilitates an opportunity for smooth transition from academic world to
organizational setup.

2. Internship duration

At the Department of Commerce and Management, students of MBA undertake

semester project. The duration of the internship program is typically about one
semester extending up to about 20-24 weeks during MBA III Semester. All students
have to mandatorily complete one semester project training towards partial
fulfillment of their degree requirement.

3. Allocation of internship organization

Placement cell would announce a list of organizations/facilitate summer internship

drives and the students shall be asked to give their preference as to which
company/organization they want the institution to recommend their name. If they so
desire, they may also opt that they would arrange the project training entirely
through their own efforts.

Once students submit their preferences/get selected, they will normally not be
permitted to make any changes.

4. Internship Process

Step 1: Students will select an organization for internship either with the help of
placement cell or by their own arrangements.

Step 2: Issue of covering letter, reference letter from placement cell office.

Step 3: Commencement of internship.

Step 4: During internship, there will be continuous guidance from faculty mentor.
Also, the students have to regularly brief their progress to their faculty mentor
regarding internship project report.

Step 5: Finalization of report under faculty mentor

Step 6: Reporting at Banasthali Vidyapith

Step 7: Submission of soft copy/hard copy of the reports

Step 8: Viva- voce / Presentation

5. Other instructions

(a) If a student encounters problems obtaining an internship certificate due to

irregularities, poor performance, disciplinary concerns, etc. the placement
committee will determine the appropriate steps which includes not allowing
students to submit their project report upon assessing the validity and
genuineness of the situation.

(b) If an internship is offered through university and student gets PPO, in that case
she has a choice to accept or reject the PPO, in case she accepts PPO she will
be considered placed and therefore cannot participate in further placement
drives. Once the student accepts such PPO, she will be considered placed and
rules of one person one placement will be applicable as per Point D above.

(c) If the student has sourced her own internship and the company offers PPO, the
student will still get opportunity for on- campus placement opportunities.

Dean
FMS-WISDOM
 ANNEXURE A

Department of Commerce and Management

MBA, M.Com Campus Recruitment Consent form: 2023-2025

I am interested in taking on-campus placements and will abide by the following terms
and conditions:

 I understand it’s my responsibility to fully cooperate in the placement process of

the Vidyapith and will ensure to make myself available whenever required for the
above.
 Before applying, I will go through the complete job description which includes
company profile, location, package offered, pre-placement talks, etc and only
after developing the complete understanding, I will apply/give nomination for the
company. I understand post giving nomination, I cannot back out and will have
to mandatorily appear in the concerned placement drive and join the company
once selected.
 I understand it’s mandatory to sit for the Pre-placement talk of a company before
providing nomination.
 I will indicate my preferred job domains within my specialized area (minimum 5)
to the placement cell along with the consent form. For instance, in the field of
Finance, job domains include Banking & Financial Services, Financial
Operations, Accounting, Investment Banking, Financial Analysis, etc. Similarly in
Marketing, Human Resource & Business Analytics the job domains will be
mentioned, and I must provide my choice of job domains.
 Before applying, I will discuss and take consent of my parents regarding the
company, the job profile, on/off-campus drive, consent to travel whenever called
for in-person placement drive and will also be ready to relocate to locations
offered by the company.
 I am also aware that if I fail to abide by the above terms and conditions, I will be
debarred from the placement process.
 In case the number of nominations (both for on-campus & off-campus) fails to
meet the minimum criteria set by the company, the placement cell may nominate
students for participation and students are expected to comply with this decision.
 I have gone through the placement policy and will abide by its terms and
conditions.
 Please select (✓) your interest below:
S.no Categories Select your choice
1. I wish to seek internship through the institute
2. Not seeking internship through the institute
3. I wish to seek placement through the institute
4. Not Seeking placement through the institute
because of:
a) Entrepreneurship (Starting a new business)
b) Returning to / joining family business
c) Got placement outside the campus
d) Did not seek placements for other reasons

Parents’Name:
Parents’ Name Student’s Name:

Parents Signature: Smart Card No.:

Parents Signature
Roll No.:

Class:

Student Signature:

Date: