There is huge competition among IIT aspirants to get those prestigious seats, but those who fail, satisfy themselves in getting into other colleges, but that does not mean that they are not good students. There may be various reasons as a result of which the student did not get through. Still, it is agreed that IITians earn more, but not all IITians earn more as there are some who earn less than those students of other private colleges as well. “On an average, most probably it (good packages to IIT students) is true, but there are people from IIT as well who receive less packages then toppers from other smaller colleges as well,” says a pass out from IIT Hyderabad. One has to remember that one of the most successful people in the world is a non- IITian – Mukesh Ambani.
From his own experience, Dr Sood said, “I was surprised to know that TCS, which offers a package of around 20 lakhs for IIT students, only offers a package of around 3 lakhs for students here. ”This is the case with most of the companies that come in for placements in IITs, where they place a lucrative deal. But, there are reasons for it as well. He said, “IIT students are highly competetive and handle the stress in a better manner, as compared to a non-IITian student.”
Manoj Kaushik, who passed out from Guwahati in 2011 does not believe that companies offer relatively less money in non-IITian colleges. He said, “It also depends upon company to company. For instance the packages offered by Deolite varies for IIT and non-IITians. But, other companies do not look upon the IIT factor and it depends upon the caliber of the student.” Manoj, who further adds, out of 100 companies, only few companies may pay more to the IITians. But, it has also been found out that most of the companies head to over to prestigious IIT institutes of the country to take the best students. Manoj said, “If the alumni of a particular company has a good record , then many companies go that IIT for placement, for they are aware of the product that they will get.”
But, it takes years for institutions to attain a certain name comparable to various IITs, which now total 17 at present. Half of these institutes have been added in the last three to four years. PK Sehajpal, who is the Dean for Guru Nanak Dev University Regional Campus (non-IIT), in Punjab, said, that it is the brand name that companies get attracted to when it comes to a IIT and also the credibility of the institution, which helps the student get a better package.