Placement: In or Out

For any college or institute inside India, placement record is the most significant bailiwick in forging the reputation among the students as well as among the parents. India, where there is most uneven economic distribution of wealth among the citizens; students here are aspired to earn more and more (thanks to our culture and ethics that prevents us from doing that by hook or crook) and less concerned towards research and quality living or creative job profile. No dis to them as it’s not their fault, this feeling is in our blood and to some extent its justifiable, unless until one don’t have the quality lifestyle he rarely thinks in a constructive way. Well, leaving the debatable topic apart discussing the placement discipline and especially in the elite institutions.
Taking example of the IIT Roorkee, as I am familiar with this one only; placement of this institute is somewhat slackened by its remote location into the foothills of Himalayas in the Shivalik region. But in comparison to other colleges and institutes (rest aside the iites) it’s performance is far more satisfactory. Almost all types of companies and firms used to come here for recruitment. Talking of big private firms like in investment banking the JP Morgans and Goldsachs recruiting the elite level of students at somewhat good annual pay package, in the same category then comes the department oriented or field oriented companies like Adobe , Google, Oracle for CSE , ECE; Raheja builders, Satluj vidyut limited for civil and the likeabouts for other disciplines. On the basis of pay package students used to enrol in each of them, bigger firms are like the building stage for the future while newer and inexperienced firms are just a microscopic stage in future building. If they find it advancing they stay else leave out , no matter whatever be the job profile.
For a special class of students , those preparing for the IAS , CAT and other competitive exams PSU (public sector undertakings) are the most lucrative destinations, as they are acquainted with the feeling that they pay as per their expectations and less work to be done there as they are public sector undertakings. They stay there for a year or two and then move on with their future plans, rarely a graduate or two is devoted to the PSUs he or she placed in, rest seldom about the improvement of such undertakings by becoming a part of the firm. Still these firms come to these elite institutes with a cut-off CGPA of 6.5 and recruit on mass scale. Isn’t there is the need to take such students form a two tier college who are more interested in working with them and have their dreams associated with the job done by them.