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They don't want to chase jobs, so launch their own unique ventures

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prasad1

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Not all IIT or IIM students want to chase high-paid jobs. Many graduates today are taking initiatives to create jobs. In fact, a survey done by Insight, the students’ media body of IIT-Bombay, reveals that nearly 55% of its graduates switched jobs within two years of getting placed. Another 35% were considering a job switch. The survey, titled Post Placement Dilemma, was conducted by IIT Bombay among 221 alumni members, who had graduated during 2011-2013.
Asked about the rationale for such a survey, Anshul Avasthi, chief editor, Insight, says, “We realised that most of our batchmates didn’t have a clear idea of what they wanted to do in future and, irrespective of their personal qualities, competencies and passion, went for interviews with companies that came to our campus on day one of placements. We kept hearing anecdotes on repercussions of such non-thought-through decisions.” Usually big offers are made on day one of placements at campuses.
About 50% respondents in the survey who changed jobs had issues with the placement process. They said it should be ensured that students understood the job well, before applying for it. According to the survey, “Every four in five students said they wouldn’t have changed their minds even if they were given their dream jobs during placements.”
So, IITs and several IIMs have decided to encourage such young job creators. “We offer placement as one of the options. Likewise, we have created incubators to help those who wish to create start-ups,” says Prof Bhaskar Ramamurthi, director, IIT Madras. Here are stories of some students who decided to become their own bosses.

They don't want to chase jobs, so launch their own unique ventures
 
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