The report highlights the trend of non-core jobs paying well; computer science significantly increases the category of students landing core positions.
A comparative cluster study of income packages of high-performing students in specific departments at the IIT Bombay reveals that engineering students mostly from the Computer Science, Mechanical, and Electrical departments gain high-paying employment.
A placement is typically given as compensation for strong academic achievement, according to a study that examines placement data from the five years between 2014 and 2018. The Cumulative Performance Index (CPI), a weighted average of performance throughout all programme courses, is used to determine placements. Nevertheless, a high CPI does not guarantee a job with a high income. According to the study, things including the engineering branch and sector one works in determine one’s pay.
Namit Agrawal, Sailakshmi Sreenath, Shishir K. Jha, and Anurag Mehra from the Institute for Policy Studies at IIT Bombay carried out the study. It notes that students with a high CPI are able to apply to the majority of businesses, and as a result, the industry in which they receive placement offers is likely to reflect their preference.
Explaining the cluster analysis of CPI and salaries across core and non-core jobs, Mehra said, “When placements of high CPI (8-10) students from select branches were studied, it was observed that in all departments, apart from Computer Science, Electrical Engineering and Mechanical Engineering, high-paying jobs were few even for high CPI scorers. This is in addition to the general observation that there is a positive correlation between CPI and salary as high CPI students are eligible to apply for most companies.”
The pattern of non-core jobs having high salaries is reflected in the study too. “We see that non-core recruiters reward higher CPI than core recruiters, but this effect is likely because of the high salaries that non-core jobs offer to CSE students,” the study says.
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