The following answer is obtained by our Expert Opinion :
First of all the economy and country is not facing recession, it is an economic slowdown.
In economic slowdown the rate of growth of economy slows down.
At this time an MBA student should be aware of all the sectors to know about the opportunities, and this can be done by reading newspaper (specially mint)
Also, one should develop necessary skills to benefit the company in terms of revenue.
One should get more experience by doing live projects, internships, on ground roles of MBA in order to get the best placement.
Also, one should increase his LinkedIn reach and should keep looking out for the opportunities through the LinkedIn