These companies are increasingly looking at engineers for roles in operations, marketing, business finance, procurement, etc. Traditionally, MBAs have been preferred for such roles. Companies could save Rs 5-6 lakh every year if they hire an engineer instead of an MBA from a top b-school like the IIMs.
In fact, a bulk of the 200 engineers Ola is looking to hire will be for non-tech roles. “IIT graduates are strong analytically and good with numbers. Hence, we approach them for non-tech roles, too,” said Amit Mathur, director and head of talent acquisition at leading taxi aggregator Ola Cabs.
Similarly, CarDekho.com will double the number of analysts it plans to hire from IITs to 50-60 this year from 20-30 last year. “The IITs have a lot of smart folks who do not want to get into coding and are looking for a different career path. Besides coders, we hire analysts. The numbers will double this year,” said Umang Kumar, president, CarDekho.
“I would anytime prefer an engineer fresh from an IIT or with two years of work experience than an engineer with two years of MBA,” said Prabhkiran Singh, co-founder at Bewakoof.com. “Moreover, it is a huge payout if I have a top hire from a top business school like an IIM or ISB. I don’t see much benefit.”
Saurabh Nigam, VP – HR, at Snapdeal, said the company hired 50-75 people from the IITs last year for analytics. “We will continue to hire students for analytics this year as well,” he said declining to disclose the hiring plan for this year. Flipkart declined to comment for the story.