The Indian Placement Reporting Standards (IPRS) process is aimed at bringing about transparency, uniformity and comparability to campus recruitments. KIAMS was one of the 20 B-schools in India who wholeheartedly adopted the IPRS process, setting a new and welcome benchmark in management education.
Speaking about the relevance of the IPRS Dr. Gopal Iyengar says, “Currently, with no standard reporting format, reporting of placements statistics is skewed to the purpose of the stakeholder who reports it, leaving a lot of doubts about its veracity as well as utility for other stakeholders; this includes the recruiters, the institutes, the current and prospective students. Recruiters use placement variables to attract students to their companies; the flip side is the dissonance often faced by students between what they imagine the offer is and what transpires on joining. “
In a congratulatory message to KIAMS, Prof. Saral Mukherjee, Associate Professor and Chairperson-Placement Committee, IIM-Ahmedabad adds, “The IPRS website (http://www.iimahd.ernet.in/iprs/index.php) provides the names of the institutes which are now members of the IPRS. All member institutes are expected to release their audited placement reports for 2012 in the IPRS format. These audited reports would be uploaded on the IPRS website. I thank you again for joining us in this journey. We look forward to feedback on how to make the IPRS website more meaningful and user-friendly.”
Dr Iyengar says, “The year 2012 has just begun for us and we will be adopting the IPRS. We have ventured in an area where some angels fear to tread. At one level it was seamless for us because this is precisely what we have been practising in our own way over the past few years. To the extent that data is available to us, we have shared it with the concerned stakeholders. We have not shied away from declaring our actual placement percentage even in adverse times. We do not see any advantage in not being transparent, for that surely seeds dissonance at some point or the other, with some stakeholder or the other.”
The success of the IPRS depends on the willingness of India’s B-schools to accept it. And considering that one of its objectives is to prevent the use of employment reports as marketing devices to attract students and employers, the standardised process, adopted by KIAMS along with only 19 other MBA institutes, will only bolster their confidence and credibility even further.