^ So it is real engineering, but there is a supply/demand problem. Tons of supply, so the few positions that are available are taken by those at top schools. Got it. Kind of like finance over here…
The worst part is there aren’t enough colleges for the no of people who want to do engineering after 12th, and there aren’t enough good jobs for the current supply.
the above mentioned college is IIT, the most prestigious college in india for engineering. the truth is that there are about 2-5% people in these colleges who are doing really well. the remained even in these colleges aren’t doing well.
India currently has a major job crisis. it’s probably the worst time to be graduating. Over the last ten years, we’ve over invested in IT. There is major political instability due to which there’s not much investment and hence, no jobs.
I didn’t go to amazon. Amazon and TCS were the only two companies that came in and called all branches for placements. I haven’t had the opportunity to be in front of an aerospace company yet. nobody’s hiring. The aerospace companies that came to our college last year haven’t come this time around.
Amazon picked up twenty people only. Their goal was to pick up people who would join them for sure. Majority of the people got rejected because they were sure to keep the job offer till the end and reject it. The standard minimum salary for a fresher in engineering sector is around Rs. 300k/annum (~$5k/annum). Amazon’s offer of Rs. 250k is too less for engineering standards, even in India.
No, that isn’t true. Even that mechanical engineer from IIT if he stops feeling sorry for himself has access to so many jobs we wouldn’t simply because he has that tag. I think the frustration comes out of the fact that they had to study two years in High school and for some of them later down the line, the reward wasn’t worth the effort.
There isn’t a major job crisis as of yet, In fact most companies report shortage of a skilled labor pool to hire from. There might be one on the horizon though. If you’re picky and you want your core stream then yes you’re fked. Manufacturing, Design, R&D are almost non-existent and nigh on impossible to get.
Which college are you from? Which aerospace companies came? It’s so niche isn’t it…i would think you need a Master’s to really get somewhere.
You’re right Rs 250k is too less, unless they had mentioned that it was only for your trainee period and it would be hiked after. Also, it depends on the city…you’re not going to get 300k if the job is in jodhpur or some place.
Anyhow if you look around, there are lot’s of startups that are linking people like us directly to companies. This is one
I’m from Manipal Institute of Technology. And amazon is Rs. 250k for six months after which it becomes Rs. 290k. Still not worth it. Also, it’s not worth dipping into the IT pool. If I’m not doing aerospace related work, i might as well get out of the Engineering Rat race altogether. I don’t want to be slaving it out in a sweatshop for five years just to find myself neither having accomplished anything, nor have a decent compensation for my work.
it’s not going to get any better. I’m graduating this year and the fresh batch that joined my college last year has twice the number of students that my batch had back in 2010.
population explosion. when everyone becomes an engineer, then that becomes the base standard. which really means nothing.
Yea, Base standard is an engineer now. Manipal is a good college dude, I graduated in 2012- my friends from there went to this company called MuSigma which is business analytics. After 1.5 years all of them have jumped to Citibank, HSBC, JP as analysts. They get 12 lac+ per annum.
I only clicked on this thread for the off chance that the title was the name of an adult video. But anyway, when comparing finance vs. engineering, you will find that engineering offers a good base compensation, but comparatively small upside. Finance jobs, on the other hand, are highly stratified. The top 5% of jobs will pay you generous, and even absurd compensation. However, this is because the top 5% drive business decisions and pull compensation from the remaining 95% of finance workers who serve different roles. Not sure how much of this applies to OP, but that’s about how it works.
In India, majority of the students doing engineering are not passionate about engineering.
They do it because of either famiy pressure or their perception of engineering being a ticket to high paying jobs and comfirtabe lifestyle. Other non-engineering streams (arts & commerce) are looked upon as useless and un rewarding. And in most cases these are -if not done from a top/reputed college.
So due to this over abundance of peope opting for engineering led to a rapid proliferation of engineering colleges in every nook and corner of Indian streets. Its like a good business. start an institution and begin handing out engineering degrees to these over crowding students and make hefty money out of it. The quality of these colleges is substandard and spoiling the indian education system.
I know many people and friend of friends who did engineering and now they are sitting at home unempoyed or doing totally non-engineering related work like the one OP mentioned. Its a shame really.
But you have to consider the relative cost of living also. if a burger flipper in canada is making $22880 per year and still considered poor than the cost of living there must be high.
Here in India generally the cost of living per person per month is close to only $120 and if you are earning $350 per month you end up saving more than 50% of your income. so yeah.
Generally the starting salary for under-graduates in India is somewhere between 300 /month - 450 /month.
See, If you’ve read the thread you must’ve figured out by now that pretty much everyone in India is an engineer.
So the work can be pretty much anything. There are 3 big companies TCS, Infosys and Wipro that absorb half the engineers coming out. For 6 months they will randomly assign you into any division and train you. They might put you in say a division which requires C or DotNet. So a chemical enginner if he hasn’t got a core job will get retrained in this.
After 2 years of training most people leave these companies and jump to other corporations and prob double their pay. If you are a CS/ IT enginner by study you have it really good.
It’s the Mechanical/ Civil/ Material Sc/ Biotech and Chemical engineers that have a problem
It’s the ‘core’ branches that have a problem. Mechanical is still somewhat ok. The other’s either need to be from a very good college or they need to leave.
Forget India, World population is expected to peak at ~ 9 billion and countries that put emphasis on education like Iran, Egypt and India are going to keep churning out more qualified people. There is absolutely no way that we can create enough jobs to supply the demand.
I honestly wonder just what exactly is going to happen. Something’s gotta give