Here are the statistics:
- Number of companies applied through placements - 37
- Number of shortlists - 11
- Number of offers through campus - 5
- Number of off-campus offers - 3
Here is some interesting stuff on what had happened to these 37 companies over the past one year:
- 18 of these 37 are listed
- The average drop in the share prices of these 18 firms (since the time i had applied) is 62%. The range is 19 to 81%
- Of these 18 firms,
5 firms have been bailed out
1 has been taken over
1 restructured
1 expected to default on its loan in the next 3 months
Its interesting that i finally took up an offer from IFC,
- To which i had never applied
- Never knew that such a job existed even 2 days before placements
And yet IFC is probably one of the best spots to be in, in today's environment (as compared to the 37 companies i had applied)
Moral of story:
Most often we do not recognize if its a blessing or a curse when something hits us. You can well imagine the anxiety i went through when my strike rate at ISB (Shortlists/ Applied) was not that good. There was a point of time during placements, where I had rejected almost every offer I had got and the future looked totally uncertain. Yet in the hindsight, when you are able to connect the dots, it all ends well. Take life as it comes. Have faith - In yourself, in your destiny and in god.