While most students at the Indian Institute of Technology-Bombay (IIT-B) are being lured by fat pay packages at the ongoing placements, there are a few who are holding on to their dream of being entrepreneurs.
While most students at the Indian Institute of Technology-Bombay (IIT-B) are being lured by fat pay packages at the ongoing placements, there are a few who are holding on to their dream of being entrepreneurs.
Among the pathbreakers who have opted out of the placement procedure is Akshay Gupta, a chemical engineering student.
Gupta and Yograj Patel, who is in the fourth year of his dual degree programme in mechanical engineering, are working on setting up a practical knowledge-based school in his hometown, Indore.
“I decided to opt out of the placement procedure because it was clashing with my visits for basic groundwork to different parts of the country where such innovative schools exist,” said Gupta.
Another mechanical engineering student too opted out of the placement procedure to work on Avanti Fellows, an NGO he had started with his friend. Avanti Fellows focuses on providing underprivileged students guidance and support to crack competitive examinations.
“I want to work here for at least two years and then pursue higher education to help Avanti Fellows grow,” said the student, who did not want to be named.
Then there are other students who want to be entrepreneurs, but have enrolled for placements “just to be safe”.
An IITian, who has started his e-commerce business venture, said: “While I have applied for job through placements, I am also working hard for my venture to be a success.”
While IIT-B is mulling over allowing extension of a year to wannabe entrepreneurs in the placement procedure, the resolution is yet inconclusive.
“If the venture is not a success within the time frame, the student can enrol for placements,” said an official from IIT-B. “Should the venture only be technical? How do we monitor success? These are a few issues on which the authorities need to decide on before implementation.”
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