IITians shun corporate jobs for coaching hubs

IITians are shunning corporate jobs and instead making a beeline for Kota, the education hub. Over 580 IITians are part of the faculty. Some are so successful that they are getting an annual package of Rs 2 crore and are also holding stakes in these mega institutes. No other three-tier city in the country has this huge number of working IITians.

Leaving Reliance refinery for a coaching institute wasn't an easy call for Vaibhav Jhawar, who passed out from IIT-Kharagpur.

"In the corporate world you make revenues for the company but here we mint our future," said Vaibhav, who left a Forbes 500 company after a brief period of two-and-a-half years. He joined Allen Career Institute in 2012.

For some, the mundane corporate working style was the reason to get into the coaching industry, while for several others, the fat pay package was the sole reason to make this shift in career.

"I earn Rs 8 lakh per month which is Rs 3.5 lakh more than my pervious job. This hike was possible after I shifted to the coaching sector. In no other job I would have got this much hike," said Suresh Singh (name changed), a faculty member at a coaching major.

The job pressures in the corporate world added with uncertainty especially during recession has made IITians take this route. The coaching majors are also comfortable and don't mind hiring the cream by paying a premium. "Package is not a problem. If we access the potential, we hire them," said PK Bansal, CEO, Bansal Classes, expressing his eagerness to have IITians on board.

RK Verma, an IITian from Madras 1994 batch, had foreseen the potential of IIT coaching and founded Resonance Eduventures Pvt Ltd in 2001. "Having IITians on board makes a lot of sense. They understand the process of clearing IITs, secondly, students can relate better with them and finally the wisdom they carry helps students psychologically," Verma said.
felodipin und betablocker doseringholdbarhed.site felodipin quran
More News
HTET 2018 Online Registration Begins @ Htetonline.com, Apply Now
Board of School Education, Haryana has begun the registration for HTET 2018 on the official website of the exam, htetonline.com. Haryana Teacher Eligibility Test or HTET 2018 examinations will be held on January 5 and January 6 next year. T...
CTET 2018 Admit Card Expected Soon @ Ctet.nic.in, Check Details Here
The CTET 2018 admit card will be released on the official website of the exam soon. According to reports, the Central Teacher Eligibility Test (CTET) 2018 admit card will be released in this month for the examinations scheduled to be held o...
MHT CET 2019 Exam To Be Online; Syllabus, Marking Scheme Details Here
MHT CET 2019 will be conducted in online mode for the first time in 2019. State Common Entrance Test Cell, Maharashtra has released the syllabus and marking scheme for the Computer Based Test (CBT) MHTCET 2019-20. The State Entrance Cell is yet to re...
CBSE Board Exam 2019: Class 10 Sanskrit Exam Pattern, Marking Scheme
CBSE Board Exams for class 10 will begin in the latter half of February. The board will begin the examinations with Vocational subjects first. The board exams will be wrapped up earlier in 2019 and consequently the board exam result will also be anno...
IIM Calcutta Honours Alumni Achievers At 58th Foundation Day
IIM Calcutta, one of the premier B-Schools in India and the first IIM to be set up in 1961, today celebrated its 58th Foundation Day at the institute's campus in Joka, Kolkata. The event was well attended by students, faculty and was a fitting tribut...
IGNOU B.Ed. Admission 2019: Online Registration Closes Soon, Apply Now
IGNOU or Indira Gandhi National Open University will be closing the online application process for admission to B.Ed. programme soon. The Bachelor of Education or B.Ed online application process for admission to the course offered through an entrance...
AIIMS MBBS 2019: Two Stage Registration Process To Begin Soon, Check Details Here
All India Institute of Medical Sciences (AIIMS), New Delhi has proposed to Initiate Online Registration of applicants well in advance this year for AIIMS MBBS entrance examination. As it has been found from the past experiences, a majority of applica...
CBSE Board Exam 2019: Class 10 English Communicative Exam Pattern, Marking Scheme
CBSE will conduct board exams for class 10 students in February and March 2019. With the board exams only a couple months away, students have begun to prepare for the D-day. It is imperative to look at the marking scheme and exam pattern to better st...
CBSE Class 10 Science Sample Question Paper, Marking Scheme; Check Here
CBSE or Central Board of Secondary Education has recently uploaded the Class 10 sample question papers and marking scheme for the annual examinations scheduled to be held in March next year on the official website of the Board. There is an ...
AIIMS PG Admit Card 2019 Released @ Aiimsexams.org, Here's How to download
Admit Card for AIIMS PG January 2019 Session has been uploaded on the official exam website of AIIMS. The candidates may download their AIIMS PG admit card after logging into the official website, aiimsexams.org. To download the admit from ...