Mumbai University is set to launch a student job portal aimed at generating revenue from commission fees.
While students will be able to look up for jobs, alumni can also post job advertisements and reach out to students. Employers can also make use of data of alumni, who have their profiles on LinkedIn to assist in the hiring process.
Neeraj Hatekar, director, Department of Economics, who is spearheading the project, told Times of India that a prototype of the portal is ready and a dry run will start soon.
"While employers can access students' data on the portal, they will have to approach the university's placement officers to get in touch with them. Similar job search engines work on the commission of 8% for such services. We are also looking at a similar revenue-generating model. The revenue will be shared between the university and the college. Affiliated colleges will get incentives to offer job-oriented courses," said Hatekar.