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Dream Applications Of IIMs: What it Signifies
A significant rise has been observed in the dream applications by the students under the recruitment process of IIMs in India. Here are some details about the Dream Applications and policies of IIMs for students to make such applications.
What is a Dream Application?
If a student secures a job from a company under the category of a “dream company,” then also they can continue participating in the placement process to apply for other dream companies. This process helps students to pursue roles they truly desire rather than settling for their first offer. Similar to the final placements, students can apply for multiple “dream” internships even after their first selection.
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Each IIM has variations in its dream application policy, which is available on their respective websites.
Key Benefits
- Enables students to aim for high-preference companies without being locked up into early offers.
- Encourages students to align better with their aspirations with job roles.
- Helps recruiters to attract genuine interested candidates.
- Creates a proactive approach among students to secure roles that align with their passion.
IIM Ahmedabad Dream Application Policy
In the context of Indian Institutes of Management (IIM) admissions and placements, “Dream Applications” or “Dream Offers” refer to a policy that allows students greater flexibility while choosing job offers during campus placements.
Under the IIM Ahmedabad, Dream application policy students get the flexibility to pursue roles they are passionate about even after securing the initial job offer.
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Students can apply to firms of their choice in later clusters, even if they have already accepted an offer from an earlier cluster.
This allows students to apply for preferred companies in subsequent clusters enabling them to align their careers with true interests.
However, Once a student receives an offer from their dream company, this offer becomes binding, and any previous offers are forfeited.
This ensures that both the student and the recruiter have a clear and committed engagement.