Saturday, February 25, 2012

IT industry ain't bad!!



It's a fad in B-school to look down up jobs offered in IT.In the first year,every one wants to join an i-bank or work for a fmcg major or work for the management consulting biggies!!

But then everything that you want is not what you get!

Lets face it! More than half of the engineering and management graduates would be jobless had there been no hiring in IT industry.It's more of a fad than a conscious decision to work in a given industry or a given profile.Most of the people don't have the leeway and privilege to work in their dream profiles and companies.

Seniors are like preachers and juniors are like disciples.They blindly take whatever is thrown at them from their friends,seniors or some distant relative working in some profile and industry
and making big money.

The truth in most campuses(other than the top 5) is:

  • Some big banks come but they hire you in some backend crap profile and market the job as an essential part of the company's existence. Candidates with CFA and FRM or even a major in finance are definitely overqualified for the job.It's really amazing how a person majoring in HR and a person majoring in finance with all the fancy certifications end up with the same profile :)But then as students we fail to appreciate the importance of a job if its not what we studied or lacks any quantitative stuff!But if you closely track the career path of people who have gone in such profile are also doing well because as a manager you really have to manage your people and your project,though in the initial few years getting along with the monotonous no brain type work is challenging.
  • Every time there is an alumni talk by a any alumni from sales/finance side,at the drop of the hat they try to project IT job as a "commodity" and "nothing special" type.But not all engineers doing MBA would like selling under wears,handwash,coldrinks etc.In fact majority of them don't.Again most of the people get lured because sales/marketing career offer faster growth and is seen as sure shot ticket to a future CEO post.But then most of these don't become CEO.

The truth is IT is a cool industry to work.Sit in a KT-you have diet coke,imported tissue paper,your favourite cream and butter biscuits.You get to dine in the best 5 star and 7 star hotels during the annual town hall meetings,you get free tickets to essel world and you have 2 days a week off to chill and watch your favourite movies. You get to travel exotic places and get to work in the best work environment.

It's again a myth that if you are in IT you can't break into the CXO type jobs as if you see many cases of IT firms which are headed by people who joined as a MT or a s/w engineer and went on to become a CEO.

It's important to do what you are good at than what you would like doing,just because other are doing the same.Being mediocre one has to fight to remain afloat.Excellence fetches money not a particular industry!!!

The footnote is IT ain't bad...it's just projected to be so!!