New Delhi : Graduates from medium and small business schools in India are increasingly seeking jobs in the public sector due to their stable and secured nature, said a survey.
Students from those business schools which are located in tier-II cities, such as Ghaziabad, Lucknow, Chandigarh, Dehradun, Jaipur, Indore, Kochi, Chennai, Hyderabad and Pune, expressed eagerness to join `scheduled A’ public sector units (PSUs) like ONGC, NTPC, IOC, GAIL, HPCL, BPCL, SAIL, MTNL, said the survey by Associated Chambers of Commerce and Industry of India (ASSOCHAM).
The business school background also gave these students an added advantage over others preparing for all-India level competitive examinations, like those conducted by the Union Public Service Commission (UPSC).
Students from the tier-II cities also said besides perks, perquisites and salary, jobs in PSUs offer more challenging assignments, the survey said.
On the contrary, students from metros opted for corporate private sector jobs, according to the Assocham survey.
The survey highlighted that with the ushering in of more and more liberal policies, the concept of a stable and secured job would not last even in the PSU jobs due to increasing competition.
It added that some 500 MPs (members of Parliament), including ministers, and bureaucrats constitute the boards of directors of the public sector undertakings, which makes the decision-making process complex and hampers the organizational structure.