LG Revokes 25 Job Offers Across B-Schools

LG India has revoked 25 selections made in its B-School recruitment drive this year. The company is a premier   company in India to work for. It had made these offers to Tier 2 B-Schools in Pune, Bangalore, Mumbai and Delhi. Alliance Bangalore , ICFAI,  International School of Business & Media, and FORE School of Management are some of them. 

L.K Gupta, marketing officer LG India said that the company has closed on recruitment since January.  They have taken this step so that they can optimize their current available resources to maximum. They will consider these students when he company recruits.  

LG has given 70,000 Rs as compensation to these students as a good gesture.  Our team met one of these students who is really sad after the action from LG India. The student is a topper in Marketing in the batch and was placed early in 2011 to LG. However LG sent the non acceptance letter in the second week of April 2012. This is when the placements of a decent B-School are over. The student missed another 60 -70 companies where he may have applied to. Just think what happens to these students.

LG has been running on losses for the second time in the year,this time it was the fourth quarter. Their business except mobiles and flat screen T.V have been doing bad.

Please share your opinions on what you think about this news.

FORE School of Management

FORE is an excellent B-School in New Delhi. FORE stands for Foundation for organisational research and education. It was formed in 1981 .It is governed by trusties under a non-profit organisation.

FORE has a rich legacy. I have very minutely researched on B-Schools and found that FORE is an excellent institution to be on. The faculty of FORE is the main reason why it is one of the best B-Schools ranked in India. FORE is not known like IIMs however its even better than some of the new IIMs. The students of FORE are seated in the best corporate positions around the globe. You can get details on wikipedia page of FORE (link below).

FORE is compared with colleges like IMI, K.J Somiya and BIM Trichy. However it is mostly ranked below them .But here is the catch. If you carefully look why FORE is ranked below them ,then you will find that its only because of its limited building and unavailability of hostel inside the campus. But that is not a deterrent for FORE as it continues to attract the best students from India.

FORE has been ranked 17th best B-school 2011 by DNA newspaper . It is given an A*** rating by research firm CRISIL. Recruiters continue to take students from FORE . However the name looks lost as quality education is camouflaged by advertising and PR.

You may find this article biased for FORE but let me assure you its after a deep study I have written this artcile. FORE is one of the top MBA college in India.

http://en.wikipedia.org/wiki/Fore_School_of_Management This is the wikipedia link for FORE School of management.