The art of placement: Cash under the table

B-schools add a new component to their charges — placement fee. These B-schools say HR executives of some companies seek under-the-table money, and a luxury treatment for recruiting students from their campuses. Over half a dozen B-schools Business Standard spoke to confirmed, on the condition of anonymity, that they had been ‘forced’ to charge students between Rs 20,000 and Rs 30,000 as extra fee to meet placement expenses.

Read More http://www.business-standard.com/india/news/the-artplacement-cash-undertable/461103/

Source: Business Standard

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