Cognizant (Profile and Placements at B-Schools)
Industry: IT services, IT consulting;
Area served: Worldwide;
No. of Employees: 50,400 (2012);
Turnover/Revenue: US$ 6.12 billion (2011);
CEO: Francisco D’Souza;
HR Head: NA;
A big recruiter, Cognizant has been on the prowl in the top and Tier 1 schools during the last year. Nearly 41% of the sample profiles came from the IIMs,ISBs and select IITs and almost all of them were for the consulting division of the company. The firm also has recruited from Tier 2 institutions selectively, but only 4% of the sample size came from such schools. The designations of recruits also change as one moves down the pecking order. While IITs/IIMS gets consultant/or even Senior Consultant, the lower level schools are offered Process Associate, Executive-Recruitments or HR Executive. Just about 10% of the people polled in the review sites were unhappy about the company. Lack of effective mentoring, especially on site, is also a factor that has brought adverse comments.
The company has been growing at a scorching pace and only recently the growth rate has slowed down a bit. Since client engagement has always been a function predominantly handled by the overseas division, a general complaint is that consulting opportunities are relatively hard to come by for many new recruits. A healthy 30% were very satisfied. The only complaint one comes across on the sites were less pay for freshers, and the confusion that a fast but slightly unstructured work process that the company follows.
Chief People Officer,Cognizant
"We see continued demand in business consulting and domain-intensive roles, apart from niche and new technologies. Recruitments too would focus on these domains"
Q. What are the upcoming areas where Cognizant will recruit in large numbers in the future?
A. We see continued demand in business consulting and domain-intensive roles, apart from niche and new technologies. Also skills in IT Infrastructure Management and BPO/KPO, and emerging technology architectures like social computing, mobility, analytics, and cloud computing.
Q. What are the opportunities for management graduates
A. Cognizant, as part of its KPO practice, works on a wide range of higher-end activities like alternative fund accounting; clinical data management, credentialing, pharmacovigilance and business analytics in healthcare. This has necessitated us to recruit doctors, pharmacists, pharmacologists, lawyers, CAs, statisticians, supply chain specialists and management graduates who bring in the required subject matter expertise.
Level of B-Schools
Manager - Cognizant Social
Sr. Business Analyst
Business Analyst (Finance)