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However, academic excellence alone would not be able to help the students of
a college fare well on the placement front, unless it develops a strong industry
interface. Factors like the number of MoUs signed by a college, with various
companies; number of internship assignments the organizations had with the
college; and its affiliations with various international institutes and
educational bodies swayed the scores in their favor.
Infrastructure is the foundation of a tech schools strength. No wonder then,
that there is high correlation between a schools total score and its
infrastructural score. We rated a school on students access to computers;
classroom and residential facilities; availability of digital in-campus library
and Internet access to computer labs. Other than VIT University Vellore, and
Institute of Technology Varanasi, the surprise entrants into The
Infrastructural Top 15 are SSN College of Engineering Chennai, and Thapar
University Patiala.
While infrastructure scores have pushed Thapar to #13 in the overall pecking
order, SSNs position at #28 indicates that while infrastructure might be a
necessary criterion in rating a school, it still isnt the most important. And
the theory of diminishing returns applies here too. Till a certain level of
investment, infrastructure has a proportionate influence on the quality of the
school (read IITs, IIITs, and NITs apart from the BITs). Once the threshold is
crossed, additional investments yield, at best only incremental benefits. Of
course, it takes time for infrastructure to translate itself into the quality of
finished products (read students) and the perception around it.
Finally, perception creates brands. This is what makes IITs the biggest
brands when it comes to HR perception. However, the fact that Manipal Institute
of Technology scored at par with the IITs on HR perception shows the strength of
a strong marketing campaign to develop brand equity, even for an engineering
college. Another important aspect of perception is how an institute handles
recruiters expectations. Inability to appropriately handle recruiter
expectations could lead to a dip in perception levels.
Winning Streak
IIT Kharagpur maintains its #1 position with a score of 84.01. While this is
good news for the institute, the concern here is that it has toppled on its own
scores in the previous year on infrastructure, academic environment, industry
interface and HR parameters. So, while it has fared better than the rest, it
failed to better itself.
Most other IITs have been seeing a decline in the number of IT/BPO companies
visiting their campuses, but IIT Kharagpur saw a marginal increase here: as
compared to 75 IT/BPO companies visiting in 2005-06, there were 80 in 2006-07.
However, there were fewer students placed in these companies through campus
placement: compared to 188 students placed in IT/BPO companies in 2005-06, there
were 169 in 2006-07. This could be an indication of the growing preference among
students to go for non-IT companies.
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IIT Kharagpur |
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Interestingly, what is surprising is the fact that IIT Kharagpur ranks lowest
in the maximum salary offered to an IIT(Schlumberger offered the maximum
salary of Rs 23.71 lakh per annum). Even IITs like IIT Roorkee, IIT Guwahati and
IIT Chennai, which have been at the lower end of the salary ladder among their
IIT peers till two years back, have consistently improved and crossed Rs 30 lakh
per annum. But surprisingly, at Rs 14.36 lakh per annum, the average salary
offered by IT companies to IIT Kharagpur in 2006-07 far surpasses the other
IITs. As compared to this the average salary offered by all companies to the
institute in 2006-07 stood at Rs 5.86 lakh per annum.
Top Salaries
When it comes to salaries, IIT Delhi tops the list among all the IITs, by two
ranks (The highest salary offer of Rs 40 lakh is an international placement and
equivalent of the dollar salary offered). As the maximum salary offered in
2005-06 (Rs 35 lakh which was also an international placement) was itself at a
higher level, the jump doesnt seem substantial. As compared to this the other
institutes, including the IITs, enjoy a 100% plus jump in maximum salary as the
previous maximum salaries were much lower.
At Rs 6 lakh per annum, IIT Delhis average salary in 2006-07 is also the
highest among all the IITs. The average salary improved marginally over Rs 5.5
lakh in 2005-06, a growth of 9%.
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IIT Delhi |
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One area that IIT Delhi needs to improve on is attracting enough IT/BPO
companies to the campus. Only 76 IT/BPO companies visited the campus in 2006-07,
as compared to 87 in 2005-06. In comparison, there has been an improvement from
205 companies visiting the institutes campus in 2005-06 to 251 in 2006-07.
IIT Delhi has fared well on infrastructure, academic environment, and
industry interface. It ranks right on top in academic environment with a score
of 16.2. With facilities like online database, e-journals, e-books, e-patent,
ADSL, and fiber optic backbone, it ranks a good third in infrastructure. Some
future initiatives on the anvil on the infrastructure front are setting up of
virtual classrooms, videoconferencing and Wi-Fi. Meanwhile, the institute has
also fared well on the parameters of industry interface and HR perception,
ranking at #3 on both counts.
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