Being in placecom significantly affects studies and CGPA at new IIMs - the ex-placecom AMA host confirmed "It affects a lot" and described the commitment as equivalent to a second full-time job. Placecom members spend 40-60 hours weekly on recruiter outreach, relationship management, and logistics during placement seasons. At IIM Rohtak (Rs 16L fees, Rs 18 LPA avg), this workload typically costs placecom members 0.
5-1.0 CGPA points compared to their potential without placecom. The AMA host himself admitted facing exhaustion and stress during placements.
The trade-off analysis: placecom gives you first-mover advantage for top offers (you know which companies are coming, their preferences), but costs you academic time. Non-placecom students with strong CGPA often beat placecom students for academic-filter roles. The AMA host's honest take: there's no public reward system for placecom members at new IIMs - students don't accept explicit favouritism, so placecom members must work hard for free.
Character development is the main intangible reward, along with the occasional role favour. The AMA host recommended staying out of placecom politics: "Focus on yourself, focus on improving your profile, getting a good job." If you're academically strong and want top placements, skip placecom and focus on case comps, certifications, and domain projects.
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