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Wary colleges run check on startups

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Pune: Startups scouting for talent in engineering colleges in the city have grown in the past five years. Colleges are treading the path with caution by checking their credibility as they don’t want their students to land in trouble if they shut shop. “Startups arrive with much enthusiasm, but not all are able to keep themselves afloat in the market. Students find themselves in a spot after they take up jobs with these companies. Hence, we are double-checking the credentials of startups before accepting them for the placement season,” Vishwakarma Institute of Technology official A S Kulkarni said. Moreover, like the Indian Institutes of Technology, colleges have started encouraging their students to take up internships and online courses in their fields in the second and third years to ensure a maximum number get placed.

Rohini Mulay of Cummins College of Engineering for Girls said social media and networking sites help them check for problems with startups.  “Right from talking to associations that startups are attached to, a check with their current employees and searching online for any problems registered against them, we are doing a diligent check. If we type the startup’s name along with ‘fraud’ or ‘scam’, we get every complaint anybody has had with them,” she added. Many placement officers in colleges realize there are less core companies that pay well and those who do want talented students. “Such firms never compromise with their pre-screening written tests where most students are eliminated. While we give training to students, not everyone gets through the pre-screening test despite being good. Hence, we encourage internships for students during the summer vacation after they complete their third year,” Sandeep Meshram from College of Engineering, Pune, said. There was a 15-20% rise in the number of students getting internships and both big and small companies recruiting for internships, he said.

“It is beneficial for both students and the companies as students get an experience certificate from the company which gets to know the student’s calibre,” added Meshram.  Students are also getting paid internships. “Goldman Sachs, Deutsche Bank, Amazon, Texas Instruments, Persistent Systems, General Electric and others are into “internship hiring” for summer vacation. Two students got an internship with German company Scherdel. They will work in Germany for a monthly salary of 850 Euro. Four others got similar internships from Japanese Company JFE. They will spend 21 days in Tokyo,” Kulkarni added. – Courtesy


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