Placements galore!
If reports from some of the bloggers are anything to go by, engineering college students might be in for a bumper placement this year. I got wind of this after Govar and Visher put up posts on the same. Even Business Line had mentioned that engineers from premier institutes never had it so good.
While all this is good for the economy and for the students, the recruiters lobby is now beginning to show its might. Since most of these IT companies recruit in large numbers (often called as “truck companies” in campuses) they will find it difficult to absorb all of them in one go. Since these companies have a constraint in terms of the training capacity, they try to schedule the intake in such a manner that a particular number of people join them each week / month. For an engineering graduate who has secured a job with one of these IT majors, this wait can often be in the range of 3 to 12 months. This wait can often be quite agonizing as well.
The industry lobby is now pushing the engineering colleges to adopt a system whereby two batches of students graduate every year (with a gap of 6 months between each batch). If this system is implemented, the IT companies feel that the waiting time for new joinees can come down drastically. Not sure whether this system will create a 6 month gap between the Class 12 (+2) exams and the joining date at the engineering colleges. Some of the IT companies might have very similar training programs and if some industry body is set-up, they can impart part of this training during the final year of engineering. By doing so, they can cut down the training period little bit.
This might be a good move in the short term as it is beneficial to the employers and the potential employees. If the IT boom subsides, the governing body of these colleges needs to revisit the utility of such a campus calendar. There has been no reaction yet from the colleges. It would be good to see some progress in this area.
While all this is good for the economy and for the students, the recruiters lobby is now beginning to show its might. Since most of these IT companies recruit in large numbers (often called as “truck companies” in campuses) they will find it difficult to absorb all of them in one go. Since these companies have a constraint in terms of the training capacity, they try to schedule the intake in such a manner that a particular number of people join them each week / month. For an engineering graduate who has secured a job with one of these IT majors, this wait can often be in the range of 3 to 12 months. This wait can often be quite agonizing as well.
The industry lobby is now pushing the engineering colleges to adopt a system whereby two batches of students graduate every year (with a gap of 6 months between each batch). If this system is implemented, the IT companies feel that the waiting time for new joinees can come down drastically. Not sure whether this system will create a 6 month gap between the Class 12 (+2) exams and the joining date at the engineering colleges. Some of the IT companies might have very similar training programs and if some industry body is set-up, they can impart part of this training during the final year of engineering. By doing so, they can cut down the training period little bit.
This might be a good move in the short term as it is beneficial to the employers and the potential employees. If the IT boom subsides, the governing body of these colleges needs to revisit the utility of such a campus calendar. There has been no reaction yet from the colleges. It would be good to see some progress in this area.
10 Comments:
yeah! I heard similar stories too.. Apparently in my college 110/158 people who attended the INFY interview were selected..
Thats a lotta ppl..
Body Shopping at its best!!!
By ioiio, at 11:41 AM
WTF??
But now, the trend is that.. they shortlist and take in the grads but trim the numbers during/after training!!! My friends used to say stories abt how the numbers were reduced based on the performance during training!
By Chez, at 12:39 PM
i think having 2 batches irrespective of the job situation is ok...the student cud be given the option of taking extra credits/courses in on sem with some max allowed credits...if some student wants to graduate early, it is gud that he has the option...
By capriciously_me, at 1:45 PM
i think having two batches is dangerous....
seriously..you can't count the job market..i know how difficult it wwas for my seniors..i think three good companies came..and max placement was 12...the placements picked up when i passed out and has been booming since..but am not sure if you can count on it...
another question...do these companies hire just for the man power thing... i mean more people....doing the same work..more money from client...i wonder if all these people getting placved actually get to do something at work after joining the company tooo....
:(
By monu, at 2:55 PM
placements galore ... oh yes it is! My cousin moved 4 jobs before settling for Cisco. His intermediate jobs were also big names ... Motorola, CA, Kyocera.
not sure how the two batch thing will work for the jobs ... in NUS we do have two batches. But for most of the people who graduate in December, the wait is atleast 4 months! But ya, if the IT companies want it that way, then maybe it'll prove effective!
By GS, at 6:31 PM
Extra credits in Indian system..
U must be seriously joking!!!
By ioiio, at 10:16 PM
Two batches in a year.U must be joking
By Unknown, at 11:50 PM
Yeah the placement season is crazy .The big tech colleges have a system similar to the IIM Placements these days .
But the worrying thing is higher education now has less appeal to these students .
By Cogito, at 10:30 AM
two batches in an year!
I predict thousands of December passouts sitting in plush airconditioned software offices prepping for GRE and planning on their MS abroad.
Much better than doing that in a hot hostel room ;-)
By Anonymous, at 5:29 PM
This is another new idea to exploit young boys and girls by these quick money makers. What happenned when the dot com bubble burst. The academia cannot dance to these peoples tunes. Letthem suit to the existing conditions, or let them in invest in additional training fecilities.
By Anonymous, at 1:41 PM
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