Less Risk, More Rewards – Why Are Premium Colleges Wanting to Play Safe?

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In the early 1990’s most of the corporate world was clouded by biggies like Infosys, TCS, Wipro & others. There was hardly a world beyond this. But the mid-2000s brought along Startups and the tech industry witnessed a completely different slide altogether. Currently, startups outnumber the MNCs by a huge margin. This also brought about a huge talent war and the MNCs have been almost on the losing end of this battle to the startups.

Are Startups Really Glossy?

Nay, they aren’t. Startups are just the new age gamble. They’re two sides of the same coin. On one side, startups would offer you a great role, culture, compensation & more. But on the contrary, it accompanies the fear of getting fired, as one knows not whether the company would really scale or it wouldn’t last the battle.

Premium Colleges Wanting to Play Safe

In the recent news, the IITs & IIMs have been trying to create a safety net for their students after a rift with companies like Flipkart, InMobi, Hopscotch & others over differences in joining dates and induction for up to six months.

Risk Taking Is the Innate Nature of Startups

The way premium institutes have reacted is pretty ironic, because risk taking a play a huge role in the startup world.

“Beginning a career in a startup is in huge demand these days ‘coz its gives a great opportunity to solve some complex real time problems which one may not get in big MNCs. But yeah, it doesn’t come risk-free. “ Rohit (Name changed), IIT Delhi.