Companies recruit engineering graduates for roles in application and development, programme delivery, R&D, network support, security, testing.
MBAs undertake a varied spectrum of roles such as IT consulting, client relationship management, and business development. Designations include Junior Engineer Trainee (JET), Junior Software Engineer and Trainee.
"We see continued demand for talent in business consulting and domain-intensive roles, apart from niche and new technologies. Also, a sustained demand for offshoring services such as IT Infrastructure Management and BPO functions," says Srinivasan.
Generic IT companies (competencies in J2EE, .NET, Mainframes, and so on), ITES, BPOs as well as areas such as Data Warehousing & Business Intelligence, Analytics and Testing, need skilled professionals.
According to Prof. Ajay Rana, Director Placements, Amity University, "tech firms offers similar packages in line with NASSCOM guidelines. The average is Rs. 3-3.2 lakhs per annum for freshers."
Some companies may require you to sign a bond, an agreement that you will work for a stipulated minimum time frame. If you leave company prematurely, you will have to pay pre-determined monetary compensation that is actually the cost incurred on training the candidate, Prof. Rana elaborates.
However, Cognizant for instance does not have this practice. The phenomenon seems to be catching with companies like Wipro and HCL also doing away with it. To counter this, IBM and Accenture have started offering better salaries states ET.
The leading recruiter, TCS on other hand has made eligiblity of minimum 60 percent in X, XII examination making more students join against stringer norm of minimum 65 percent in X, XII and 68 percent in engineering semesters by Infosys states ET. Similarly, Accenture considers only Graduation, shares Prof. Rana further.
With companies on a hiring spree, and sharing the placement slots, there are various common offers that also exist. Jadavpur University saw that Cognizant made 309 offers, while Wipro made 71 of which 68 were common ET elaborates.
"While some companies share the slots, others like Infosys and Cognizant did not come because they were not given the Day 1 slot," said Prof. Ganapathy.
Amity follows a rotational policy with no company in common since last 10 years. This year, Accenture grabbed the day 1 slot, said Prof. Rana.
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