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Engineering students from the two states who were placed with Satyam Computer last year have now changed their minds and are aggressively looking for jobs in other IT firms as well as companies in other sectors following the disclosure of the biggest-ever corporate fraud by the company.
"I was offered a job as trainee employee at Satyam last year. But after the fiasco has happened at Satyam, I have changed my mind to get suitable job in other firm," said Divyadeep Goyal, a student Mechanical Engineering student of University Institute of Engineering and Technology (UEIT), who was offered an annual package of Rs 3.25 lakh in Satyam.
Echoing similar views, Sumant, another final-year student of the same college, said, "The impact of Satyam fraud has been so damaging that we now do not have any intention to join the IT company. Rather we will look for job in other sectors."
The total number of engineering students placed by Satyam from this region was not available but some colleges have shared their placement figures.
Almost 80 students from the Institute of Engineering and Technology were selected by Satyam last year, while 13 students were placed from Punjab Engineering College (PEC) and seven were from UIET. Students were offered an annual package between Rs 3 lakh and 3.5 lakh.
According to placement officers of various colleges, engineering students are now looking at the core sector, comprising manufacturing and telecom sectors.
"This time we are witnessing a change in trend of students' preference towards job placements. They are now finding the core sector an appropriate one as far as employment is concerned," PEC Chief Placement Officer Saurabh Dhiman said.
But there are some job seekers who have kept Satyam as last option for employment. "I intend to move into the core sector. But if I do not get job in any other sector then my last option will be to join Satyam as I am hearing from my friends that situation there will improve," said Harshal, a mechanical engineering student at PEC, who was offered a Rs 3.5-lakh package by Satyam.
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It is indeed a blessing in disguise if good engineers are now going to their core sectors. this will benefit the companies, engineering graduates and the nation. We must have diverse strengths.
thank god. we dont require foreigners
I work in USA, and sometime I think of returning back to India. But when I read news about Satyam, my friends and I are now skeptical of returning back.
i thnk u shud nt frm ne negative image abt our country jst bcz of satyam scam.there r odr co.also whch r wrkng acc 2 a/cng principals n actng as a good xmple all ovr d world.
Thank god.. software coolieism hopefully will come to an end now
Whole system is Crap... What are IT firms recruiting mechanical engineers in IT, aren't there enough computer engineers ? This is want of CHEAP and CONTROLLED labor...
There is also another issue of IT firms offer being unreliable. My sister and more than a dozen of her friends were recruited by Cognizant when they were in third year of engineering. However, even after eight months of graduation Cognizant hasnt called them back for joining. This is also the case with many other IT firms. They leave students in the lurch when market goes down. How can students rely on them?
I think any way no one these days offering jobs to freshers. Also the companies are cencelling/postponing joining dates for new employees. So one need to look for better opportunities.
You don't judge the Industry based on player.It is Satyam which was at fault not the IT Industry.Let the young grads of our country have sense to distinguish between the two and stop panicking.
Some Good does comr out of all the evils.Engineers should stick to their basic disciplines and not be scared about their education.