Recent post on Gigaom didnt come as a surprise. With india growing investment management has become a key and important pillar for many organizations. Many global investment managers have opened shops in india and mutual funds are hiring MBA’s like anything. But with low grad quality of MBA except for the one’s churned out by IIM,IIFT or SP Jain. These investment firms are now turning to our favourite IIT’s and other top notch engineering college to find the next financial whiz kids.
As Infosys and TCS being looked more as coding factory and IT sweat shops engineers of future are looking for more responsibilities and challenges. This is a bad news for IT startup companies which are already having trouble attracting and retaining talent. Now not only they need to fight big fat paycheck giving organizations in IT/ITES sector but also re-position them to wade off competition from investment firms.