Students face various post-placement problems in their first organisation. It is the finding of a survey conducted by the students’ media body of the Indian Institute of Technology Bombay (IIT Bombay). The survey also point out the flaws in the placement procedure. The survey was conducted among the 220 respondents from the 2011, 2012 and 2013 batches of the institute. Some of the other findings of the survey are:
- Around 55% of IIT Bombay graduates who found placements in various firms two years back have changed their jobs.
- 35% are confused about changing their job. Around 35% of the candidates who changed jobs initially thought that their choice during campus placements was a perfect one.
- More than 50% of the respondents who switched jobs which they had acquired during campus placements stated that the placement process itself is faulty, not in IIT Bombay only, but in all engineering institutes in India.
- Around 50% of the respondents claimed they changed jobs since they were not keen on the profile or had a conflict with the value system of the company. The remaining stated that they aspired to explore other options in a different field or to raise funds for their future career goals.
- Around 88% of IIT Bombay alumni who left their jobs to launch own start-up ventures are satisfied with their decision.
- Around 40% of the alumni (who were surveyed from the last three batches) switched jobs to move to a different field within a span of three years, including few who quit before completion of one year. Other than changing jobs or starting their own entrepreneurial ventures, few have been pursuing higher education, research or social work as well.
- The survey also indicates that the engineers accept non-core jobs with fat pay packets. These type of practices are major reasons why there is a great unsatisfaction in the campus placements and placement procedures.
According to sources, currently the campus placements focus on the number of students get placed rather focussing on apprpriate placements. At present, many non-core companies visit the campus during the first few days of placements and hire the best talent. The survey broadly indicates that IIT students have not been taking the correct career decisions during campus placements. Students are often under pressure to acquire jobs during the first few days of placements. This, coupled with societal expectations, often result in them taking incorrect and hasty decisions about taking up jobs which may not be in their line of interest.