IITian Employees Meets Non-IITian Employees | The Difference

TL;DR

ITB graduates share their experiences of landing their first job, starting salaries, and the advantages and disadvantages of being an ITB student.

Transcript

so it says uh how did you land your first job and starting salary at least ITB has a pretty decently sorted out placement process I was shortlisted in Flipkart at that time and the starting salary was 11 CTC uh but there was some 3 lakh which was supposed to come in like some chunks or something like that College placements it Bombay and salary wer... Read More

Key Insights

• 👍 Landing a job as an ITB graduate often involves networking, consulting, and proving one's worth rather than traditional job applications.
• 😌 The advantage of being an ITB graduate lies in the competitive peer group that pushes individuals to excel and expand their ambitions.
• 🐰 ITB graduates face pressure and high levels of ambition, which may impact their mental health.
• 🧑‍💻 Investment strategies among ITB graduates vary, with some preferring passive investing, focusing on tech assets, and avoiding real estate investments.
• 💦 Having a high net worth provides psychological safety and impacts individuals' approach to work and lifestyle choices.
• 🪡 Being an entrepreneur can offer more freedom and independence, but the financial implications and lifestyle changes need to be considered.
• 🖐️ The impact of nurture versus nature plays a role in a child's upbringing and potential achievements.
• ⚾ Hiring biases based on pedigree exist but can be overcome by evaluating skills, cultural fit, and interview performance.

Questions & Answers

Q: How did the ITB graduates land their first jobs and negotiate their starting salaries?

The graduates shared that networking, consulting, and proving their worth to employers were essential in landing their first jobs. Starting salaries were negotiated based on skills and job market demand.

Q: Is being an ITB graduate correlated with mental health?

The interviewees mentioned that being an ITB student can come with high levels of ambition and pressure, which may affect mental health. However, non-ITB graduates also face challenges and enjoy a more relaxed lifestyle.

Q: What are the advantages of being an ITB graduate?

ITB graduates benefit from a competitive peer group that pushes them to excel. They have access to a network of successful individuals, expanding their ambition and confidence. They also have opportunities to work in different industries.

Q: How do the ITB graduates approach investment and portfolio allocation?

One graduate prefers passive investing and holding assets that are slightly liquid and tech-focused. Real estate investments are not favored. They track their assets in real-time using an Excel sheet.

Key Insights:

• Landing a job as an ITB graduate often involves networking, consulting, and proving one's worth rather than traditional job applications.
• The advantage of being an ITB graduate lies in the competitive peer group that pushes individuals to excel and expand their ambitions.
• ITB graduates face pressure and high levels of ambition, which may impact their mental health.
• Investment strategies among ITB graduates vary, with some preferring passive investing, focusing on tech assets, and avoiding real estate investments.
• Having a high net worth provides psychological safety and impacts individuals' approach to work and lifestyle choices.
• Being an entrepreneur can offer more freedom and independence, but the financial implications and lifestyle changes need to be considered.
• The impact of nurture versus nature plays a role in a child's upbringing and potential achievements.
• Hiring biases based on pedigree exist but can be overcome by evaluating skills, cultural fit, and interview performance.

Overall, the content provides insights on the job search process for ITB graduates, the advantages and disadvantages of the ITB experience, mental health considerations, investment strategies, and biases in hiring practices.

Summary & Key Takeaways

• ITB has a well-structured placement process, with graduates being offered starting salaries of around 11 CTC.

• The employment rate at ITB is 40%, with graduates finding jobs in various fields such as media, consulting, and startups.

• Many ITB graduates emphasize the importance of networking, consulting, and proving their worth to potential employers rather than relying solely on job applications.