Innovation, Invention and Adaptation: Redefining Campus Placement in the Face of Economic Recession

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Zahir Aalam, Amol Dapkekar, Rupali Mane, Darshan Mali

Abstract

Economic downturns, notably recessions pose distinctive hurdles for employers and job seekers, profoundly influencing campus placement dynamics. This paper delves into the intricate landscape of campus placements amid recessionary periods, dissecting the challenges encountered by students, educational institutions, and recruiters alike. It also investigates potential opportunities and challenges that emerge in the face of adversity. By scrutinizing strategies to navigate these challenges and harness available opportunities, the paper aims to furnish stakeholders' engagement in campus placement activities with valuable insights. Educational institutions play a crucial role in networking and connecting all stakeholders to make the campus placement consistent and sustainable. Various initiatives are to be traversed by the institutions to comply with the uncertain socio-economic conditions and make them innovative, reliable, vibrant, and agile irrespective of the market condition and industry requirements.

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