Despite slogging it out and shelling out huge fees, the slowdown has forced management and engineering graduates to abandon their hopes of getting jobs that match their qualifications.
"Students from Tier II, III, IV colleges have no choice but to look for low-end jobs like website designing, content designing, customer service agents and tele-sales agents, which may pay Rs 2-3lakh," says Bhupesh Gupta, business manager at Bangalore-based recruitment company CareerNet Consulting.
Like Manoj, MBA student Vinayak K is panicking with each passing day.