Infosys is out on a major recruitment drive – this time, the company is planning to hire over 200 MBAs from abroad with the vision of boosting its business consulting and client engagement processes.
According to reports, the Bengaluru-based multinational is primarily targeting eligible candidate in the US, Asia Pacific and Europe. If everything goes as planned, the new pool of talent could join the company by June 2014.
Infosys to recruit 200 MBAs from abroad
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It’s worth mentioning that Infosys has not made single recruitment from a global B-School in the past four years. However, the company is planning to alter that status quo by visiting The University of Chicago Booth School of Business, New York University Stern School of Business, Harvard, Wharton, University of California, and many others.
Meanwhile, analysts are of the opinion that Infosys is trying hard to strengthen its stakes in the domain of business consulting.
“Infosys realises it has a lot of great technical skills, but not business skills. This (hiring global MBAs) is to beef up business capabilities and skills so that they really can compete with the likes of Accenture,” said Pascal Matzke, vice president, Forrester Research, Economic Times reports.
Acknowledging that the new recruitment drive makes perfect sense, Matzke added by saying: “But whether 200 is really enough and whether these rather inexperienced young professionals can really help elevate the whole relationship (with customers), I don’t think so. I think it needs further hiring also of some more senior people.”.
On a closer look, Infosys – the largest India-based IT Services company, is also changing its recruitment strategy in Indian B-Schools. After a gap of one year, it’s hiring suitable candidates from the IIMs too (at salary of INR 74 lakh to 77 lakh, or $120,000 to $123,000).
“We have been making several changes in employee engagement, and we know it is going to take time. We expect these to yield results in the next four-eight quarters. We will be happy with anywhere between 10-15%,” N.R Narayana Moorthy, founder and executive chairman of Infosys, said.