“Dream on, dream on, dream ’til your dream comes true” – Aerosmith.
All statistics have been sourced from Facebook status updates from students who’ve been placed and have been gracious enough to let their Facebook friends know with public updates. Placement division has certain caveats about what they can and can’t reveal, and we really didn’t want to interrupt their work with our inquisitiveness.
Some things are always associated with a college like ours. ‘Great placements’ is an umbrella term that means a lot of things, but the story is usually a variant of the same thing but with better packages.
The elusive dream of a ‘core company’ remains unreachable for all but a few electrical or electronics engineers. Computer Science and Information Systems take the cake as always, with nearly half as many companies confirming their arrival on campus as there are people sitting for placements. Packages this year are significantly higher than they used to be in earlier years, and significantly more people are aware of the difference between “CTC” and “take home pay”. Don’t get me wrong, though – it takes as much work to retain a good scenario than to create one – and CS/IS students have scarcely any complaints about the sheer improbability of not being placed if you have a decent CGPA.
As far as ‘dream week’ goes, the usual suspects were all here – at the break of dawn, some of them – eBay, Amazon, PayPal, Microsoft, Flipkart, Zomato, DE Shaw, Walmart Labs, Oracle, Morgan Stanley, Epic Systems, Grey Orange, Qualcomm and Texas Instruments, among others. Of course, the list is missing companies from profiles other than IT, Electronics and IT-based Financial Analyst, but if placement division is to be believed (and I’d say there’s great reason to do so) the core companies for other profiles are well on their way.
With CS/IS’s dream week – or fortnight, considering the number of companies that are still hiring whose CTCs have crossed the ‘dream’ threshold – all but over, around forty five people, give or take, have updated Facebook statuses saying they’ve been placed. On behalf of TDB, hearty congratulations to all of them.
At this juncture, though, I wanted to write about one of the major reasons why there are so few core companies arriving on campus. There was a speech by our Chief Placement Officer that focused on the reason: core companies do not take lightly to offer rejections. There is a concept of sustainability that seems lost to most of us: “Hey, this is just a backup” might just be the most poisonous attitude to ever infect this campus. A company whose name I won’t state finally decided that it was the last straw when all three students it had recruited, refused to join. Two of them had unapologetically said they were pursuing higher studies.
Maybe it is that the work culture of IT companies allows for a student hired in a campus interview to either outright reject the offer or half-heartedly work for a year and then say “I want to do an MS”… But core companies are having none of this. And today, we’re at a juncture where a lot of companies are reluctant to even come to the campus, leave alone hire a sizeable number of students, because they simply don’t trust a college student’s intention to work consistently or, atleast, take up on the job offer. This is where the campus desperately needs an honour code: aside from a polygraph test, there is no way to ascertain whether a student sitting for a company intends to work there or not.
We blame our seniors for doing this, but we think it’s okay for us to do it. Honour doesn’t come easily to BITSians, it seems.
And yet, the placement division isn’t without blame: certain policies held by it are rather questionable in their efficiency. For example, consider the policy where tests are held for all the dream companies first, with interviews scheduled a week later. A heavy chunk of people get shortlisted by multiple companies in this system, and after they get placed in one company, they are essentially blocking a shortlist slot that could have been another deserving student’s shot at getting placed. While the intention of not allowing a student placed in a dream company to interview with another company is noble, it is made useless by the fact that nobody else can do so in their stead.
The process, of course, is far from over, and a few really prestigious companies are lined up for the coming months, and we’d like to ask those that want to get placed and haven’t yet, not to lose heart.
A word on the placement division coordinator and volunteers at this point: it takes a bunch of especially talented people to convince a company that they should reduce their CGPA cut off to 6, and it takes a bunch of especially indomitable spirits to stay up all night and feel worse than the person at the receiving end of the sentence when you say “sorry man, the interview process is over for you right now, you can leave, all the best for the next company”, and it takes a bunch of extremely selfless people to put their own aspirations after those of their counterparts, but the Placement Division seems to be all of these rolled into one set of people who refuse to get tired. Nobody would have gotten placed without you folks.