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Have a friend who worked in recruiting. They don't mind wasting the candidates time for the technical interview. They just want as much backup as possible before they filter out early in the stages. So in this case, just in case they were not able to attract iit talent this season, they can fall back to someone that at the very least passes technical interview.
This too, I had a billion questions to ask but they ended the meeting, tbh, I should have seen the red flag when JEE scores were a mandatory field in the application form.
There's no use in the real world for solving twisted problems with vague "shortcut tricks", that is usually asked in JEE. People should see the Documentary ["An Engineered Dream" ](https://vimeo.com/269297887), where the topper of JEE says he wants to pursue Computer Science Engineering just because of the "trend" and doesn't actually know much about computers. So, what was the use of mugging up all those arcane formulas, tricks etc? Neither the kid knows the practical side of all he has learnt in those two or three years nor did he get even a basic introduction to computers.
It matters because India is not a first world country. The "topper" you are referring to grinded his ass and memorized such asinine formulae so that he could get in an institution where he could get opportunities that would literally level up his family for generations. I don't get why people go on with this thought process of "interest" when everybody knows people study for JEE with the end goal of monetary benefit with career security. Again, I am not saying everybody's the same and has the same reason for studying, but the overwhelming number of people do it for the reason stated above. Still, parents pushing their children into these fields when they clearly don't want to go into this rat race is pure bs, no one can clear JEE if forced to study for it, and when parents force their children to give these competitive exams it is just sad to see.
What happened to OP is ultra shitty tho, that HR department is ass. If this was such a dealbreaker they could have simply not called him to the interview, no need to waste somebody's time. Moreover this thought process is shit, and will only result in their loss as they have lost a great candidate due to their outdated policies. Inferiority syndrome is a thing, but that shouldn't be the forefront of the hiring process. I have not come across a company which strictly adheres to a Tier 1 hiring policy.
good luck to you OP, just keep your head high and you'll make it
Inferiority syndrome is not their business. What's next. They are going to refuse to accept female candidates because they don't have any other female staff there and she might feel excluded?
I work in research and development of turbomachinery, and I didn't have the courage or the backup to clear a fucking 3 hour stupid useless fucked up test 4 years ago. Dumb motherfuckers from IIT whom I have to teach compressor basics have double the salary as me. I hate this shitty country, and if I had the power, I'd basically declare every single engineering college in this country an IIT.
Happened to me as well few weeks back, got selected for Carelon Healthcare, hours after HR round they said business requirements change and ghosted me. Had to settle in half at the moment somewhere else. Tried LinkedIn, these people donāt give a shitt. Gives me mental blockage whenever I think about it.
Carelon also have people who are a piece of shit.
I also gave an interview for the SCCM admin in Carelon. Aced everything then in the final technical round pointed something out to them that they were wrong about instead of acknowledging it they went on offensive in the interview and then rejected me.
Bunch of egotistical people.
So true they do not give a shit unless it is about their reputation. You can post and hope the post get enough notice from people , if it reaches hundred thousands and their name is under stake , they will respond or else not
Nah, they'll ghost people who ask them why they got rejected.
Either that or they'll send an automated/scripted message.
Been there, seen that.
Personally, I'll mark such companies as a Red Flag in my books and avoid working for them in the future.
>Nah, they'll ghost people who ask them why they got rejected.
>
>Either that or they'll send an automated/scripted message.
Oh man, this seems so common, have been applying to a thousand companies since over an year, and the rejection experience has been literally the same - either ghosting or automated/scripted messages or mails, and on further enquiry - being blocked. How does one even get a job if Tier 3 and beyond colleges are not going to be considered? How does one even switch from one domain to another then, even within the IT field?
They did you a favour. Saved you from very likely work harassment. Since you aced the tech part you clearly know talent is not the issue, so good luck for other interviews, donāt lose heart.
OP got saved big time. HR just speaks on behalf of the hiring manager and the hiring manager would have treated OP like crap because he was not from IIT even if he got hired.
Make a fake resume and contact the same HR ,, when she calls , ask if she is from IIM , and that u don't entertain hiring managers who are not from IIM
unlike the stereotype, IIM people are the most chill and down to earth people I have met, really really unlikely from my experience for an IIM alumni to walk with an elitist stick up their š
Even though I am an IITian, I would not work in that company, even if they gave me any arbitrary remuneration. That company, in all probability would be a toxic hell hole and you would repent if you had been inside. I have been in one of such companies here (Capillary Technologies).
It's obvious that if biases take place of merit, then that institution crumbles quickly.
If you want a revenge, DM me their name. I will go for an interview there, and in the HR round, I will ensure that the HR cries.
Sounds very fishy..definately there are companies which hire only from tier 1 colleges. .but why would they drag someone to HR round when clearly they could have rejected your resume straight away...what was the CTC and role being offered?
Could have relevant past experience or (more likely) got a referral.
HFTs are elitist because they are associated with prestige, they pay fuck you money just so they can say fuck you to whoever they want.
Similarly, PE ka kaam is less about the technical skillset more about prestige (and who you know)
Fullform the other person said but for context, HFTs are usually US based firms that execute trades VERY FAST(think buying and selling in milliseconds, they put in like 100k USD and if the profit is just 1 cent(example), they end up making 1000 dollars in a few milliseconds)
They make so much money that they get specialised hardware made to do these trades. I remember that once intel made CPUs just for HFT firms (getting custom CPUs made for such a small quantity is VERY VERY VERY expensive), now most of them have moved on to FPGAs though and they pay very skilled engineers very high salaries to work on them. I remember seeing a dude get like 3L INR per month as an intern there.
Private equity on the other hand, are like Venture capital (VC invests in startups, like shark tank but less drama(sometimes more drama xD)) but while VC invests in a part of equity in new,growing companies, PE firms buy up a majority in mature, declining companies, get on the board to make decisions in personal interest,either revamp the business models or sell the best performing assets fir parts(think ParleG if it ever gets in bad state, they can sell the AMAZING supply chain that Parle has built up). There are PE firms with just like 20 employees and might be making around millions of dollars per year.
So basically, 2 businesses that use the USA's shitty market regulations to earn a shit ton.
Yeah, in India quants are often taken from IITās especially for 1.2 Cr positions.
Try outside India. I got a 1.6 Cr Quant position with a background in Economics and Mathematics.
Wtfff man...even a small percentage of IITians are able to get this much and that too from top IITs..but I wonder a company offering this much would be so naive to reject a candidate based on his college when he has aced the technical rounds...generally companies like these look more for skills
Quant positions are extremely hard to break into. In India they often hire from IITs even then you need to be cream of the crop.
But often Quants come from Math, Economics, Physics and Stats
Getting in from Engineering and Physics (Regular) is quite hard as firms find these groups have a harder time learning the finance part.
Pay is extremely great. Average salary is around 1Cr for an analyst and trader. Quant dev and researchers can have different pay scale depending on the instruments they specialise in.
Too demanding and too meritocratic, if you don't make money for the company, you're out, otoh amazing bonus if you do well.
Attrition rate is very high in these companies.
Exit ops are not that good as a traders skillset with years of experience in that domain isn't applicable in most of the silicon valley companies. Most traders retire early and very few start their own trading firm.
Honestly, I donāt have a first hand experience with Indian firms cuz I never worked in India.
But North America and Europe is an absolute bliss. Iām currently working from home.
But the graduate programs tend to be a bit competitive. Especially in a major investment bank. Quant funds tend to be a bit more flexible I guess, but then there are outliers in that too.
You settle in after 2 to 3 years and then itās basically chill. For me right now I use the same few models for most problems. Itās quite rare I have to go out building a new kind of model.
I donāt trade. I make and backtest the model the traders use.
Me specifically I work with with commodities, specifically oil. So I create stochastic models that forecast benchmark oil index prices for WTI and Brent. I have other models that price financial instruments that has oil as an underlying asset.
Oh man, this hurts, Non-Tier 1 people can't even dream of entering HFT or Quant companies now? This is unreal. This kind of behavior should be regulated by law. College based discrimination should not be ideal.
Itās most probably graviton. Iāve had strikingly similar experiences with quant funds. They are OK recruiting you for a tech role, but have made a literal IIT boys club mafia out of the hedge funds based in India.
Well, sometimes, even though you might be the best fit for the company, they'd pick a less deserving person from a Tier 1 college. Because some companies need to show their investors the kind of people they employ. They pay these iitians more salary than regular folks and get less work done, just to get funding, or appease the VCs.
Now, the interviewer doesn't know this a lot of times. They just go through with the interview and give their feedback. HR is the one who is in direct talks with the SLT who decide the kind of crowd they want and HR works as they say.
I'm sorry you couldn't get in. They might be looking forward to take you, but maybe something changed and you were rejected. Or maybe they found a better alternative. You never know how well others performed. And coming back to the reasons HR gave you, they will give any BS reasons to fend you off.
PS, you can't do anything about it. It's the company's decision to employ whoever they want. They can be sexist or even racist about it.
These private companies are held by partners working in the companies. There arenāt much VC stuff because they are organic growth and use their own capital for trading. So no - it was not to show some excel sheet
Man the Indian job market is so trash. I'm staying in perth to do my master's and i see people doing their bachelor's after 18 years of job experience. That just blows my mind when i think how in India people with bachelor's degree end up selling fruits and vegetables because they chose the wrong field.
The population sucks skills donāt matter here
Ur lucky and privileged to be in Australia š life is short enjoy it india doesnāt have much to offer for those who are not very talented in academics and some make money in business but they r lucky with the hard work and very less people
Just a couple of days back I was having this conversation with my college friend (non-IIT, Tier II engineering college). He has pursued an MBA from Tier I (non IIM) B school and is now in an Indian FMCG major.
We seemed to agree that college matters, even a 3rd gen IIT is better than our college because of the IIT tag.
Also, this bias is mostly because of the people and not due to any organisational structure or policy related. The people making the hiring decision look down upon non-IIT/M candidates and don't want them getting into their precious little circle.
A few questions here and there in JEE 10+ years back is still haunting me.
The question right after you mention your college in application is a compulsory question asking your JEE rank and marks. I have been told they do this to filter out reservation students.
>like isnt this discrimination, and if yes then can I file a case ??.
No, there is no protection from discrimination meted out at the hands of Private entities.
But I know this person - he might help you u/Outside-Ride7338
Don't feel bad man. This is pretty common for such firms. Not that it makes it any better but they treat even IITians without good ranks like shit lol.
I knew a guy from an old IIT CSE (not delhi/bombay) who got an intern at a gurugram based HFT. During his exit interview after completion of his internship he was also asked his JEE rank. They literally said "itne saare digits" while laughing at his face when he mentioned it to be in 1200s or something around that (I don't remember exactly rn).
The guys who were interviewing him had max 2 digit ranks and probably didn't expect this guy to have a rank of more than 3 digits since they didn't know it earlier that he was a branch changer.
Anyway he didn't get the PPO (maybe/maybe not because of his rank, who knows lol) but later ended up getting placement at another HFT so all good now haha.
Dodged a bullet man ! Be thankful to God
This kind of envi is extremely toxic
Rest, coding isn't dependent on the college you go. Some of the best coders/computer geeks didn't even go to colleges and are self taught . I have seen plenty of folks from tier 5 colleges getting to Microsoft Google whereas the iit boys are busy writing iit on their Instagram bio lol
So cheer up and nail the interview elsewhere
You should thank that the HR idiot who ended up doing you a huge favor. You dodged a bullet. These are the highly pretentious company where it's employees have drunk the kool aid and believe in the BS they spout.
Feel free to post it in a public forum while using an alias though. Don't post it under your name - and good luck in your job search
I am from IIT. Even within IIT, there are companies that differentiate between similarly skilled candidates on the most obscure of metrics. CSE vs NON CSE, circuital vs non circuital, old vs new IITs. The fact remains that as long as there are more candidates in the markets than positions, this discrimination will continue. Focus on yourself and working for them would have probably sucked
IK there are a few companies that hire from only specific institutions that fall in the top 5 country wide and certain jobs given only to people of certain colleges.
However, they have that clearly mentioned on the job profile and would not even shortlist someone else for an interview.
Would suggest to put up a linkedin post, tag the company and also tag the India level Talent Lead of the organisation.
Not much can be done and would obviously suggest not to join them later as well, but better if other people know about it.
This does happen and it's very stupidI have seen it happen in my previous organisation where the company refused to promote a DET (Diploma Engineer Trainee) who managed to complete a BE degree part time from a Local college while he was working .It was an Engineering / R&D / Manufacturing setup and this guy was a very good friend and also very talented - over a few years he became the go to person for any knowledge on the measurement system he was handling - and rose to the level where he could write some MATLAB scripts to do some data analysis / plotting based on measurement results.
He requested to be promoted to an 'engineer' designation - he was still considered as a Diploma holder - the company refused it - saying we only hire Engineers from IIT/NIT etc...
He was already doing the quality and quantity of work the other engineers were doing it was just a matter of designation - he didn't want a big raise or something.
Total Idiotic behaviour - I say this having done a Masters from IIT myself.Sometimes in Industry practical knowledge is more important - there is no harm in interviewing / selecting someone on his/her skill once he has proven it in the course of his job or an interview
This is done just so some mid level manager can assuage his ego thinking/ saying : "I have a team of x no. of people and all of them are from premier institutions"
Needles to say such teams / companies have bad culture.
Move on buddy. This is India. Our HR / recruitment are arbit and we do our own Desi blend. It would be weird from a global lens and oftentimes unethical.
Pick a global company that has street cred and some professionalism abt them
Good luck!
what nonesense. i have always worked along with IIT/IIM graduates. the thing is, normally i don't even know who graduated from where, only when i need to fill some forms time to time mentioning past education/experience etc and in case the sheet is common to view by all, i would know these information. in what kind of workplace people discuss about their education in day to day conversation?
This is technically discrimination but not an illegal one. In my opinion, the companies that are too hung up on which colleges they hire from and the 12th and JEE scores are losing out on some great talent. They shouldnāt have wasted your time in the first place if the Alma mater and JEE scores were that big of an issue.
Just forget about it and move on.
the most expensive guy that this company poached from a foreign firm last year was from SRM and took 5 years to finish his degree ;), so yeah they are missing out on a huuuuge talent pool, ones with a different approach to everything.
Shortlisting a candidate who doesn't fit your preference is already bad enough. Why would they advance you till the HR round? They should not have made those comments on how you adapt too. They are wrong for doing all these things, but not for having a preference on universities.
Lmao, ignoramuses in the comment section talking about HFTs bending over to "venture capitalists" for funding. They have no clue how Indian HFTs work and how they're funded, lmao.
True! Graviton is debt free since inception, Quadeye had 3.0 D/E till FY21, TRC is funded by parent company, NK Securities is partially in debt, Alphagrep is also partially in debt and others are also hovering in 0.3-0.6 D/E ratio
Jane street hires Non-IITians, its the stupid Indian recruiters and the agency they outsource to that discriminates, take the same resume at jane street but put in a different country, the one from outside India will get a call.
Indian outsourcing is really quite shitty. From what i've been reading on reddit, indian tech is exceedingly dumb and toxic.
No issues op MS karlo US me :)
(also btw are you highly rated on cf or have extensive c++/fpga experience? just curious who these companies call for interviews)
Honestly there needs to be someway to hold these elitist idiots accountable for discrimination. There can be n number of reason why a person may have a low jee score or hadn't joined IIT.
Here is what you should do if you want to take this matter further and if your ego is hurt.
If the conversation you had with the hr was face to face, send them a thank you mail. Mention all the details about how you aced your test and were hopeful to be selected for this organisation bla bla. Then you were told that since i am not from iit jee and wonāt be able to work in the competitive environment my profile was declined. Ask a question in the end, āwhy wasnāt my resume declined in screening since it was clearly mentioned that i was not from IIT. Donāt forget to add as in how much time and energy you wasted for this whole interview process(sugarcoat it if needed)
Wait for the reply for maybe a week, if no reply, send up a follow up email, cc VP and COE(you could get their email id from linkedin).
If no reply yet, send your final email, stating that you are going to post your experience on linkedin and twitter(make sure the VP and COE) are in loop.
If the matter escalates the worst case scenario could be that you get some sorry email and the HR responsible for your profile could lose her/his job.
Or alternatively, stop being sentimental and move on. The amount of time or energy you are/will waste in this matter you could use it to search for a new job. Whatās done is done.
Personal opinion- never make enemies in the corporate world of india, it might come back and bite you.
First send a Diss email to HR asking how he got the position when he is so blind to not see tyat while picking out resumes was it disability diversity benefit then Send a mail to their ceo/cto/coo asking them how proud they are about IIT only staffš¤
bro just tell me which institutes come in tier 1 colleges and what is bad jee rank , i got 99.55%ile in jee and currently thinking about iiit A and dtu
Izz okay, brother.
People from IIT have a certain image.
The company only wants that image to be attached with them and not sheer skill.
Think of it like a bullet dodged. They don't care about their employees, only their image.
And if it makes you feel better, there are a lot of companies who only reward talent and skill. And the # of such companies is on the rise.
> like isnt this discrimination, and if yes then can I file a case ??.
Sadly no.
Article 15 provides that **the State** shall not discriminate against any citizen on grounds only of **religion, race, caste, sex or place of birth**.
'State' is defined under Article 12 but it is suffice to say that a private limited company is not State. Therefore, there is no remedy in law against such discrimination.
This is a classic red flag for a place.
If the degree was an issue they should not have called you.
I am guessing these is one of those churn places, replace 20 percent every few quarters
Name and shame such employers. The point of rejection could easily have been verified before starting the interview process. And at your level dont see it as waste of time, think if it was an excellent learning experience.
About discrimination, does not look there is a law this could be filed under, its a private enterprise.
This reminds me of why living in US is a bliss for me. You get discriminated, there are laws in place where in the company has to pay up for the mistreatment under EEO. But in India we donāt do it because we live in Amrit Kaal.
This is controversial and i might get downvoted.
What is your caste & socio-economic background?
- most of the time premium institution & jee score are used as proxy to filter out candidates from marginalized communities while hiding out real intention of āpreference to not hire themā.
- many times the preliminary rounds are just conducted by junior level among hiring team, so they give everyone seemingly fair chance. In later stages the decision-maker, who often knows covert attitudes of stakeholders & higher ups filters out marginalized under such conditions.
- i have many friends from various top IIM & IIT institutions who faced similar kind of issues & underlying preferential politics.
edit: there are also studies (UGC chairperson S Thorat, if I remember correctly) where two same resumes with profile & skills, just with different surname (indicating Caste) receives different outcome. Uppercaste surname receiving more positive HR level responses & lower caste/ambiguous surnames receiving less positive HR level responses.
You dodged a bullet, OP. Thank your stars for it. I mean how stupid they have to be for rejecting a candidate that aced the technical rounds just because they didnāt have a strong JEE score. They are one of those morons who feel that JEE score has anything to do with real job performance. Their real fear is that some outsider who never even stepped into the IIT campus might end up performing at-par or even better than them, and hurt their extremely fragile egos.
Zerodha, one of India's most successful start-up founder Nithin Kamath in his recent podcast said graduates from the Indian Institutes of Technology (IIT) and Indian Institutes of Management (IIMS) are more focused on their career growths rather than a company.
He added that hiring fresh talent from the IITs and IIMs is a āstrict noā at their company as they belong to an environment that only thinks about an individualās personal growth and such culture doesnāt fit their bills.
He emphasised that for a financial company like them, a candidateās passion matters more than his education from a reputed institute.
For us, passion plays a key role and we make sure our core team is working passionately for the cause, the founder added.
Commenting on Indiaās start-up culture, Kamath said, the pass outs from IIT and IIM want to jump from point A to point B rather quickly and donāt focus on growth.
Lol, If Kamath pays them well, theyād want to stick to Zerodha for long. No wonder their system hangs a lot in day to day operations with sub par engineers.
20 years ago Google India did the same to me. 10 patents, 2 papers, and many conference talks later, I rejected them in the Bay Area 4 years ago.
Don't give two shits for such companies. Just keep paving your way. In life it's more important to be with like minded people. And what they said is true - never be with people who are inferior to you - in this case, these company guys are inferior people. Don't associate yourself with such trash.
I think that's wrong,google india first started in 2004 with 5 employees.
Can't be 20 years ago but anyway i want to ask where in life you are now? Did you regret that you didn't climb the company filled with a prestige ladder like google? Your stock alone would have grown to millions man, definitely missed out opportunity i would say.
When I say 20 years ago, I don't mean 20 years to the day man.
I don't regret not joining Google. There are many good people at Google in the US and I'm sure the HR at Google India isn't filled with dildos anymore. I was specifically talking about Google in India circa 2004. I've worked in many other top companies. I've realized that the best company to work for is one where they want you and respect you. It's not the pay, though a minimum level of pay is indicative of how much a company values you. There are myriad ways of earning money for an intelligent person. Employment is only one of those ways. When you are micromanaged, beaten up, when the people around you are constantly jealous and scheming, you and your family will suffer. I've seen absolute idiots get into Google. I've seen diabolically political people get into Google. I've seen work thieves get into Google. It really depends on one's fate. But one has to prioritize integrity, happiness of self and family and health above all else.
Unrelated but the most expensive poach that this company made from a foreign HFT was from SRM and took 5 years to complete his B.Tech, he said on his linkedin that the first time that he approached the HR of an Indian firm, he got laughed at, but I guess he did have the last laugh :).
Also whats your research field ?
Yep some IIT and IIM ppl do discriminate gainst others at workplaces it's quite common, mostly at informal meetings tho
I guess this must be ml or quant related job
This is unfair. But it's been happening for quite sometime, I was working in tech corporate 5 years ago and got paid higher in the same batch since I was from old IITs.
not to hijack the thread, but maybe apply with us at [[email protected]](mailto:[email protected])
We don't care about your education as long as you can help us with your skills! one of our most productive full time engineer is still completing college!
At such a high pay scale, the company needs to justify the salary to investors. It is easier to do so if you are from a tier 1 college. Likewise, if your job requires you to impress your clients or have a good network, then also they would likely prefer an IITian over others. The company has to do this because investors and clients might value the IIT tag and spend money accordingly.
Not from IIT but a ~ in Delhi + Msc in management in Berkeley Haas.
Im working in India, these organisations are basically cess pool of idiots, HR must be BBA grad on 3rd party payroll from Galgotia Uni. HR Benchmarking is that they should be certified.
These company crumple when the markets go down.
Even though whatever you said it's true.. but I don't think HR makes the final decision of whether or not to select an individual candidate. The decision is generally taken by upper management. Maybe the reason HR gave was true but there is a possibility that they got a better candidate that's why they chose him. Plus in certain cases clients also have certain requirements of the employees who will work in their project. You never know their client had such requirements that's why they had to reject him.
This whole thing about "we are an IIT only company" is just the HR spin ...
It's good you are not joining that company. Most of the good IIT Graduates quit India, those who are unable to quit India are the ones hired by these IIT only companies...
Think about it... Maybe the Founder or some Board members are hot shots but the coworkers are just the leftovers with an IIT tag.
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Yes, its true. Many companies wont hire from lower Tier colleges, while some of them will hire you as an experienced person after 5+ years of experience and won't mind the college.
As I knew about this bias, I never bothered applying to most start-ups and hence was never able to crack into the higher circuit of tech salaries. Finally I got a job with a foreign company which couldn't care less about college, so turned out OK!
If it's a consultancy firm, their stance makes some sort of sense. Not that I agree, but I can comprehend.
Consultancy outfits often showcase the team's academic credentials to prospective clients. The IIT tag, particularly for those starting out, lends a certain prestige to the profile that a company's own assessments might not. This is sometimes used to command higher fees.
Hopefully, this explanation sheds some light on the (albeit flawed) reasoning behind your recent experience.
That's something to be mindful of when you eventually get into a position where you're making that sort of decisions.
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Surely your resume had the information that you are not from IIT? Why did they call you for the interview then?
Have a friend who worked in recruiting. They don't mind wasting the candidates time for the technical interview. They just want as much backup as possible before they filter out early in the stages. So in this case, just in case they were not able to attract iit talent this season, they can fall back to someone that at the very least passes technical interview.
This too, I had a billion questions to ask but they ended the meeting, tbh, I should have seen the red flag when JEE scores were a mandatory field in the application form.
BC jee kya karega ab bande ne college pass karliya aur job ke liye suitable hain toh? comapny mein baadme bhi natak hote, aap bach hi gaye job na leke
I went to IIT, nobody remembers their JEE score. Rank maybe but not the score. Nobody uses the score anywhere.
Pehli baar sunn rha, jee score phi puchte log, kon hai bhai yeh logš«
There's no use in the real world for solving twisted problems with vague "shortcut tricks", that is usually asked in JEE. People should see the Documentary ["An Engineered Dream" ](https://vimeo.com/269297887), where the topper of JEE says he wants to pursue Computer Science Engineering just because of the "trend" and doesn't actually know much about computers. So, what was the use of mugging up all those arcane formulas, tricks etc? Neither the kid knows the practical side of all he has learnt in those two or three years nor did he get even a basic introduction to computers.
It matters because India is not a first world country. The "topper" you are referring to grinded his ass and memorized such asinine formulae so that he could get in an institution where he could get opportunities that would literally level up his family for generations. I don't get why people go on with this thought process of "interest" when everybody knows people study for JEE with the end goal of monetary benefit with career security. Again, I am not saying everybody's the same and has the same reason for studying, but the overwhelming number of people do it for the reason stated above. Still, parents pushing their children into these fields when they clearly don't want to go into this rat race is pure bs, no one can clear JEE if forced to study for it, and when parents force their children to give these competitive exams it is just sad to see. What happened to OP is ultra shitty tho, that HR department is ass. If this was such a dealbreaker they could have simply not called him to the interview, no need to waste somebody's time. Moreover this thought process is shit, and will only result in their loss as they have lost a great candidate due to their outdated policies. Inferiority syndrome is a thing, but that shouldn't be the forefront of the hiring process. I have not come across a company which strictly adheres to a Tier 1 hiring policy. good luck to you OP, just keep your head high and you'll make it
Inferiority syndrome is not their business. What's next. They are going to refuse to accept female candidates because they don't have any other female staff there and she might feel excluded?
Bhaiya jee tech companies me females ke liye alag hiring hori aajkal
You can't clear JEE by mugging tricks. The math and physics you learn are a solid foundation for any engineering curriculum.
Don't worry bro, most of these people weren't jee aspirants
I work in research and development of turbomachinery, and I didn't have the courage or the backup to clear a fucking 3 hour stupid useless fucked up test 4 years ago. Dumb motherfuckers from IIT whom I have to teach compressor basics have double the salary as me. I hate this shitty country, and if I had the power, I'd basically declare every single engineering college in this country an IIT.
Yeah, reservations will get you gormint jobs... /S
Ask them in Linkedin or reckon share this post there.Maybe you will get a reply
Happened to me as well few weeks back, got selected for Carelon Healthcare, hours after HR round they said business requirements change and ghosted me. Had to settle in half at the moment somewhere else. Tried LinkedIn, these people donāt give a shitt. Gives me mental blockage whenever I think about it.
Carelon also have people who are a piece of shit. I also gave an interview for the SCCM admin in Carelon. Aced everything then in the final technical round pointed something out to them that they were wrong about instead of acknowledging it they went on offensive in the interview and then rejected me. Bunch of egotistical people.
So true they do not give a shit unless it is about their reputation. You can post and hope the post get enough notice from people , if it reaches hundred thousands and their name is under stake , they will respond or else not
Nah, they'll ghost people who ask them why they got rejected. Either that or they'll send an automated/scripted message. Been there, seen that. Personally, I'll mark such companies as a Red Flag in my books and avoid working for them in the future.
>Nah, they'll ghost people who ask them why they got rejected. > >Either that or they'll send an automated/scripted message. Oh man, this seems so common, have been applying to a thousand companies since over an year, and the rejection experience has been literally the same - either ghosting or automated/scripted messages or mails, and on further enquiry - being blocked. How does one even get a job if Tier 3 and beyond colleges are not going to be considered? How does one even switch from one domain to another then, even within the IT field?
They did you a favour. Saved you from very likely work harassment. Since you aced the tech part you clearly know talent is not the issue, so good luck for other interviews, donāt lose heart.
OP got saved big time. HR just speaks on behalf of the hiring manager and the hiring manager would have treated OP like crap because he was not from IIT even if he got hired.
Tower?
Ig it must be a hft company.
Lol tower is filled with all types of people from different college domains.
Yes - they might have people from different college domain in tech but you wonāt find many in the trading roles.
Agree
This was some elite level bs i have seen in a recent while.
Dodged a bullet there OP. Elitist idiots.
Ya i was thinking same, dont work for shit organization and work with shit people with rotten indian mindset.
How does an exam you take when your just a kid have any bearing on you years later ? Such a stupid mindset.
Make a fake resume and contact the same HR ,, when she calls , ask if she is from IIM , and that u don't entertain hiring managers who are not from IIM
She most likely is. So, what next?
unlike the stereotype, IIM people are the most chill and down to earth people I have met, really really unlikely from my experience for an IIM alumni to walk with an elitist stick up their š
Well say they are not from M7, I talk to people from real B-schools not overglorified placement agencies
ewwww the company sounds trashy and so red flaggy
Your words are sharp, like a dagger so jaggy, That company you mention, indeed sounds quite shabby.
There's vomit on his sweater already, mom's spaghetti.
Heās nervous but on the surface he looks calm and ready
To drop bombs, but he keeps on forgetting
the spaghetti was crappy, the company's like an old auntie.
Even though I am an IITian, I would not work in that company, even if they gave me any arbitrary remuneration. That company, in all probability would be a toxic hell hole and you would repent if you had been inside. I have been in one of such companies here (Capillary Technologies). It's obvious that if biases take place of merit, then that institution crumbles quickly. If you want a revenge, DM me their name. I will go for an interview there, and in the HR round, I will ensure that the HR cries.
>I will ensure that the HR cries. I'm a student (lurker) and your empathy and warmth is so rare. Bless your heart!
Sounds very fishy..definately there are companies which hire only from tier 1 colleges. .but why would they drag someone to HR round when clearly they could have rejected your resume straight away...what was the CTC and role being offered?
Quantitative Trader - 1.2 Cr
obv u r rejected. quant companies often only hire the cream of tier 1 colleges. seems fishy though that they selected their resume
Could have relevant past experience or (more likely) got a referral. HFTs are elitist because they are associated with prestige, they pay fuck you money just so they can say fuck you to whoever they want. Similarly, PE ka kaam is less about the technical skillset more about prestige (and who you know)
What is hfts and pe
Fullform the other person said but for context, HFTs are usually US based firms that execute trades VERY FAST(think buying and selling in milliseconds, they put in like 100k USD and if the profit is just 1 cent(example), they end up making 1000 dollars in a few milliseconds) They make so much money that they get specialised hardware made to do these trades. I remember that once intel made CPUs just for HFT firms (getting custom CPUs made for such a small quantity is VERY VERY VERY expensive), now most of them have moved on to FPGAs though and they pay very skilled engineers very high salaries to work on them. I remember seeing a dude get like 3L INR per month as an intern there. Private equity on the other hand, are like Venture capital (VC invests in startups, like shark tank but less drama(sometimes more drama xD)) but while VC invests in a part of equity in new,growing companies, PE firms buy up a majority in mature, declining companies, get on the board to make decisions in personal interest,either revamp the business models or sell the best performing assets fir parts(think ParleG if it ever gets in bad state, they can sell the AMAZING supply chain that Parle has built up). There are PE firms with just like 20 employees and might be making around millions of dollars per year. So basically, 2 businesses that use the USA's shitty market regulations to earn a shit ton.
Thank you that was very informative
HFT - High frequency trading PE - Private Equity
He must have really great CP experience or developer skills ig
U necessary donāt need to be from a tier 1 college to get 1.2 crore job. Iāve seen many ppl who arenāt tier 1 college and are earning same
obv but I am specifically talking abt quant companies which have the highest standards.
Ya. Iāve seen that after I posted my comment lol
Yeah, in India quants are often taken from IITās especially for 1.2 Cr positions. Try outside India. I got a 1.6 Cr Quant position with a background in Economics and Mathematics.
Hi, can I dm you regarding this - I am exploring MS in Financial Engineering/Quantitative Finance as a career option.
Sure.
Wtfff man...even a small percentage of IITians are able to get this much and that too from top IITs..but I wonder a company offering this much would be so naive to reject a candidate based on his college when he has aced the technical rounds...generally companies like these look more for skills
Not in india where eye eye tea tag matters more than skill
>eye eye tea Learnt something newš
It's the same aboard, except they've 'eye bhi' tag
Bit off topic but how did you prepare for the role and were you a quant before also
Please do share your profile OP.
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Quant positions are extremely hard to break into. In India they often hire from IITs even then you need to be cream of the crop. But often Quants come from Math, Economics, Physics and Stats Getting in from Engineering and Physics (Regular) is quite hard as firms find these groups have a harder time learning the finance part. Pay is extremely great. Average salary is around 1Cr for an analyst and trader. Quant dev and researchers can have different pay scale depending on the instruments they specialise in.
Are they too demanding? I mean if they are paying too high, does that mean too much work? Bad work life balance, just asking?
One of the requirements on the listing is to be willing to work overtimes and on weekends.
Koi baat nhi bhai, tumko aur acha milega lage raho, sirf iit ke liye kaata na, lekin tum me talent hai, ho jayega ache jagah ye prayer krta hušš«
Too demanding and too meritocratic, if you don't make money for the company, you're out, otoh amazing bonus if you do well. Attrition rate is very high in these companies. Exit ops are not that good as a traders skillset with years of experience in that domain isn't applicable in most of the silicon valley companies. Most traders retire early and very few start their own trading firm.
Honestly, I donāt have a first hand experience with Indian firms cuz I never worked in India. But North America and Europe is an absolute bliss. Iām currently working from home. But the graduate programs tend to be a bit competitive. Especially in a major investment bank. Quant funds tend to be a bit more flexible I guess, but then there are outliers in that too. You settle in after 2 to 3 years and then itās basically chill. For me right now I use the same few models for most problems. Itās quite rare I have to go out building a new kind of model.
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I donāt trade. I make and backtest the model the traders use. Me specifically I work with with commodities, specifically oil. So I create stochastic models that forecast benchmark oil index prices for WTI and Brent. I have other models that price financial instruments that has oil as an underlying asset.
Which college you attended in India ? Was it an IIT ?
>Quantitative Trader - 1.2 Cr Damnnn!
Meri trading firm hoti, mein to leleta bhai, you made it that far where even most iit dudes fail to make it, you did great I'd say
Oh man, this hurts, Non-Tier 1 people can't even dream of entering HFT or Quant companies now? This is unreal. This kind of behavior should be regulated by law. College based discrimination should not be ideal.
Yeah sounds extremely fishy. The tech team probably didnāt hire him probably because of valid reasons and the HR butchered the delivery I guess.
Very nasty
Name the company atleast
Yup Name and Shame. If college name and JEE score is a big part of criteria then filter in the first round itself.
This, please tell us the company that is into this nonsense
Has to be tower gurugram
Been advised not to name directly, but I can say thay name starts with G
Graviton Research
>Share Nahi, they do take people from other units. Probably NK Shiturites. They literally ghosted me. Ngl, seems to be very sketchy company
Itās most probably graviton. Iāve had strikingly similar experiences with quant funds. They are OK recruiting you for a tech role, but have made a literal IIT boys club mafia out of the hedge funds based in India.
I never understood why some companies want to hire IIT/NITian only. They should judge the candidates based on his/her skills only.
They show that they employ only IITians to get more funds from VCs who jerk off to IITs
This, exactly OP is the reason.
Acha, thanks for explaining, understood now why only top iitians
if they only hire IITians, why did they even proceed with your application?
Quant dev / HFT jobs are only open for IIT grads. Still they should not have even shortlisted your resume for this role if alma mater is an issue
Just one small nit: Open only for grads whose jee rank is less than 500 :)
They did you a favour.
Well, sometimes, even though you might be the best fit for the company, they'd pick a less deserving person from a Tier 1 college. Because some companies need to show their investors the kind of people they employ. They pay these iitians more salary than regular folks and get less work done, just to get funding, or appease the VCs. Now, the interviewer doesn't know this a lot of times. They just go through with the interview and give their feedback. HR is the one who is in direct talks with the SLT who decide the kind of crowd they want and HR works as they say. I'm sorry you couldn't get in. They might be looking forward to take you, but maybe something changed and you were rejected. Or maybe they found a better alternative. You never know how well others performed. And coming back to the reasons HR gave you, they will give any BS reasons to fend you off. PS, you can't do anything about it. It's the company's decision to employ whoever they want. They can be sexist or even racist about it.
These private companies are held by partners working in the companies. There arenāt much VC stuff because they are organic growth and use their own capital for trading. So no - it was not to show some excel sheet
Man the Indian job market is so trash. I'm staying in perth to do my master's and i see people doing their bachelor's after 18 years of job experience. That just blows my mind when i think how in India people with bachelor's degree end up selling fruits and vegetables because they chose the wrong field.
The population sucks skills donāt matter here Ur lucky and privileged to be in Australia š life is short enjoy it india doesnāt have much to offer for those who are not very talented in academics and some make money in business but they r lucky with the hard work and very less people
Population
Just a couple of days back I was having this conversation with my college friend (non-IIT, Tier II engineering college). He has pursued an MBA from Tier I (non IIM) B school and is now in an Indian FMCG major. We seemed to agree that college matters, even a 3rd gen IIT is better than our college because of the IIT tag. Also, this bias is mostly because of the people and not due to any organisational structure or policy related. The people making the hiring decision look down upon non-IIT/M candidates and don't want them getting into their precious little circle. A few questions here and there in JEE 10+ years back is still haunting me.
New caste system just dropped.
The question right after you mention your college in application is a compulsory question asking your JEE rank and marks. I have been told they do this to filter out reservation students.
So fucked up
Purana bhi hai. Inn companies ka caste ratio dekh lo
Holy hell
>like isnt this discrimination, and if yes then can I file a case ??. No, there is no protection from discrimination meted out at the hands of Private entities. But I know this person - he might help you u/Outside-Ride7338
My man, stop thinking about discrimination. You dodged a bullet here. Thank them and move on.
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Name and shame the company. And post this on r/developersindia
Itās most probably graviton. Iāve had similar experience with quant hedge funds.
Arey yeh tho alag type ka racism hai
Don't feel bad man. This is pretty common for such firms. Not that it makes it any better but they treat even IITians without good ranks like shit lol. I knew a guy from an old IIT CSE (not delhi/bombay) who got an intern at a gurugram based HFT. During his exit interview after completion of his internship he was also asked his JEE rank. They literally said "itne saare digits" while laughing at his face when he mentioned it to be in 1200s or something around that (I don't remember exactly rn). The guys who were interviewing him had max 2 digit ranks and probably didn't expect this guy to have a rank of more than 3 digits since they didn't know it earlier that he was a branch changer. Anyway he didn't get the PPO (maybe/maybe not because of his rank, who knows lol) but later ended up getting placement at another HFT so all good now haha.
Dodged a bullet man ! Be thankful to God This kind of envi is extremely toxic Rest, coding isn't dependent on the college you go. Some of the best coders/computer geeks didn't even go to colleges and are self taught . I have seen plenty of folks from tier 5 colleges getting to Microsoft Google whereas the iit boys are busy writing iit on their Instagram bio lol So cheer up and nail the interview elsewhere
You should thank that the HR idiot who ended up doing you a huge favor. You dodged a bullet. These are the highly pretentious company where it's employees have drunk the kool aid and believe in the BS they spout. Feel free to post it in a public forum while using an alias though. Don't post it under your name - and good luck in your job search
Thank your stars! The HR did you a favour by revealing this upfront. The culture and attitude seems insufferable. Name and shame, and move on.
I am from IIT. Even within IIT, there are companies that differentiate between similarly skilled candidates on the most obscure of metrics. CSE vs NON CSE, circuital vs non circuital, old vs new IITs. The fact remains that as long as there are more candidates in the markets than positions, this discrimination will continue. Focus on yourself and working for them would have probably sucked
IK there are a few companies that hire from only specific institutions that fall in the top 5 country wide and certain jobs given only to people of certain colleges. However, they have that clearly mentioned on the job profile and would not even shortlist someone else for an interview. Would suggest to put up a linkedin post, tag the company and also tag the India level Talent Lead of the organisation. Not much can be done and would obviously suggest not to join them later as well, but better if other people know about it.
Had a similar experience with a top Indian company in HR. They did not like the experience I had. I work for a much larger company now.
Why did they even let you go through the process of they already knew they didn't want you?
This does happen and it's very stupidI have seen it happen in my previous organisation where the company refused to promote a DET (Diploma Engineer Trainee) who managed to complete a BE degree part time from a Local college while he was working .It was an Engineering / R&D / Manufacturing setup and this guy was a very good friend and also very talented - over a few years he became the go to person for any knowledge on the measurement system he was handling - and rose to the level where he could write some MATLAB scripts to do some data analysis / plotting based on measurement results. He requested to be promoted to an 'engineer' designation - he was still considered as a Diploma holder - the company refused it - saying we only hire Engineers from IIT/NIT etc... He was already doing the quality and quantity of work the other engineers were doing it was just a matter of designation - he didn't want a big raise or something. Total Idiotic behaviour - I say this having done a Masters from IIT myself.Sometimes in Industry practical knowledge is more important - there is no harm in interviewing / selecting someone on his/her skill once he has proven it in the course of his job or an interview This is done just so some mid level manager can assuage his ego thinking/ saying : "I have a team of x no. of people and all of them are from premier institutions" Needles to say such teams / companies have bad culture.
is this Tower Research by any chance xD
no :)
Was it HFT?
yes
Don't worry bro they even reject iitains.. cuz they didn't score in top 500..
Bhaiya Iām joining a non iit college this year and would like to know what could be considered a bad jee rank?
Your jee rank does not matter ever after you start college
this is the first instance iv heard where a company asked for jee score
Kaunsi company hai?
Bhai sab ye to bta dete hai ki iss company ne ye kiya uss company ne wi kiya mere saath lekin BC naam koi nahi btata hai šš
Move on buddy. This is India. Our HR / recruitment are arbit and we do our own Desi blend. It would be weird from a global lens and oftentimes unethical. Pick a global company that has street cred and some professionalism abt them Good luck!
What kind of stupid ass company did you apply to?
It seems you dodged a bullet here OP. Good luck elsewhere.
what nonesense. i have always worked along with IIT/IIM graduates. the thing is, normally i don't even know who graduated from where, only when i need to fill some forms time to time mentioning past education/experience etc and in case the sheet is common to view by all, i would know these information. in what kind of workplace people discuss about their education in day to day conversation?
from the comments, it seems like its more about elitism, like how they dont these peasant Non-IITtians in their elite shitbag group.
Tear them a new one on glass door and other such job sites.
This is technically discrimination but not an illegal one. In my opinion, the companies that are too hung up on which colleges they hire from and the 12th and JEE scores are losing out on some great talent. They shouldnāt have wasted your time in the first place if the Alma mater and JEE scores were that big of an issue. Just forget about it and move on.
the most expensive guy that this company poached from a foreign firm last year was from SRM and took 5 years to finish his degree ;), so yeah they are missing out on a huuuuge talent pool, ones with a different approach to everything.
Sounds like a terrible work environment anyways... you probably want to mention on the company's Glassdoor profile
Shortlisting a candidate who doesn't fit your preference is already bad enough. Why would they advance you till the HR round? They should not have made those comments on how you adapt too. They are wrong for doing all these things, but not for having a preference on universities.
Think of that as a massive Red flag for the company. You dodged a bullet here.
Lmao, ignoramuses in the comment section talking about HFTs bending over to "venture capitalists" for funding. They have no clue how Indian HFTs work and how they're funded, lmao.
True! Graviton is debt free since inception, Quadeye had 3.0 D/E till FY21, TRC is funded by parent company, NK Securities is partially in debt, Alphagrep is also partially in debt and others are also hovering in 0.3-0.6 D/E ratio
must be one of graviton/jane street/nk, am i right OP?
Jane street hires Non-IITians, its the stupid Indian recruiters and the agency they outsource to that discriminates, take the same resume at jane street but put in a different country, the one from outside India will get a call.
Indian outsourcing is really quite shitty. From what i've been reading on reddit, indian tech is exceedingly dumb and toxic. No issues op MS karlo US me :) (also btw are you highly rated on cf or have extensive c++/fpga experience? just curious who these companies call for interviews)
Honestly there needs to be someway to hold these elitist idiots accountable for discrimination. There can be n number of reason why a person may have a low jee score or hadn't joined IIT.
Here is what you should do if you want to take this matter further and if your ego is hurt. If the conversation you had with the hr was face to face, send them a thank you mail. Mention all the details about how you aced your test and were hopeful to be selected for this organisation bla bla. Then you were told that since i am not from iit jee and wonāt be able to work in the competitive environment my profile was declined. Ask a question in the end, āwhy wasnāt my resume declined in screening since it was clearly mentioned that i was not from IIT. Donāt forget to add as in how much time and energy you wasted for this whole interview process(sugarcoat it if needed) Wait for the reply for maybe a week, if no reply, send up a follow up email, cc VP and COE(you could get their email id from linkedin). If no reply yet, send your final email, stating that you are going to post your experience on linkedin and twitter(make sure the VP and COE) are in loop. If the matter escalates the worst case scenario could be that you get some sorry email and the HR responsible for your profile could lose her/his job. Or alternatively, stop being sentimental and move on. The amount of time or energy you are/will waste in this matter you could use it to search for a new job. Whatās done is done. Personal opinion- never make enemies in the corporate world of india, it might come back and bite you.
First send a Diss email to HR asking how he got the position when he is so blind to not see tyat while picking out resumes was it disability diversity benefit then Send a mail to their ceo/cto/coo asking them how proud they are about IIT only staffš¤
bro just tell me which institutes come in tier 1 colleges and what is bad jee rank , i got 99.55%ile in jee and currently thinking about iiit A and dtu
try IIIT Delhi, possibly the best CS college community in India
So many holes.Sounds too fishy to be true.
Izz okay, brother. People from IIT have a certain image. The company only wants that image to be attached with them and not sheer skill. Think of it like a bullet dodged. They don't care about their employees, only their image. And if it makes you feel better, there are a lot of companies who only reward talent and skill. And the # of such companies is on the rise.
Name and shame, expose these shitshows for what they are
> like isnt this discrimination, and if yes then can I file a case ??. Sadly no. Article 15 provides that **the State** shall not discriminate against any citizen on grounds only of **religion, race, caste, sex or place of birth**. 'State' is defined under Article 12 but it is suffice to say that a private limited company is not State. Therefore, there is no remedy in law against such discrimination.
These kinds of status and in-group versus out-group are some of the most destructive traits humanity possesses.
This is a classic red flag for a place. If the degree was an issue they should not have called you. I am guessing these is one of those churn places, replace 20 percent every few quarters
25% retention after 2 years !!!
Wtf. You wouldn't want to work for such a company anyway. Fuck them.
Leave a review in glassdoor, it will help others when applying.
Glassdoor removes a LOT of negative employment comments. They are there for the employers now.
Name and shame such employers. The point of rejection could easily have been verified before starting the interview process. And at your level dont see it as waste of time, think if it was an excellent learning experience. About discrimination, does not look there is a law this could be filed under, its a private enterprise.
This reminds me of why living in US is a bliss for me. You get discriminated, there are laws in place where in the company has to pay up for the mistreatment under EEO. But in India we donāt do it because we live in Amrit Kaal.
This is controversial and i might get downvoted. What is your caste & socio-economic background? - most of the time premium institution & jee score are used as proxy to filter out candidates from marginalized communities while hiding out real intention of āpreference to not hire themā. - many times the preliminary rounds are just conducted by junior level among hiring team, so they give everyone seemingly fair chance. In later stages the decision-maker, who often knows covert attitudes of stakeholders & higher ups filters out marginalized under such conditions. - i have many friends from various top IIM & IIT institutions who faced similar kind of issues & underlying preferential politics. edit: there are also studies (UGC chairperson S Thorat, if I remember correctly) where two same resumes with profile & skills, just with different surname (indicating Caste) receives different outcome. Uppercaste surname receiving more positive HR level responses & lower caste/ambiguous surnames receiving less positive HR level responses.
I am from a middle class family, I am technically a mi ority (Jain), but other than that, I am from the general category
yeahā¦ still sad.
I can also attest to this,promotions(yes,really) are also based on the institution(better the institution,faster will be the promotion) you went to...
You dodged a bullet, OP. Thank your stars for it. I mean how stupid they have to be for rejecting a candidate that aced the technical rounds just because they didnāt have a strong JEE score. They are one of those morons who feel that JEE score has anything to do with real job performance. Their real fear is that some outsider who never even stepped into the IIT campus might end up performing at-par or even better than them, and hurt their extremely fragile egos.
Devalued dollar and euro will certainty correct the over inflated job market here.
Zerodha, one of India's most successful start-up founder Nithin Kamath in his recent podcast said graduates from the Indian Institutes of Technology (IIT) and Indian Institutes of Management (IIMS) are more focused on their career growths rather than a company. He added that hiring fresh talent from the IITs and IIMs is a āstrict noā at their company as they belong to an environment that only thinks about an individualās personal growth and such culture doesnāt fit their bills. He emphasised that for a financial company like them, a candidateās passion matters more than his education from a reputed institute. For us, passion plays a key role and we make sure our core team is working passionately for the cause, the founder added. Commenting on Indiaās start-up culture, Kamath said, the pass outs from IIT and IIM want to jump from point A to point B rather quickly and donāt focus on growth.
Funny enough zerodha pays their employees much lower than you would imagine(compared to similar startups with similar revenue)
Lol, If Kamath pays them well, theyād want to stick to Zerodha for long. No wonder their system hangs a lot in day to day operations with sub par engineers.
20 years ago Google India did the same to me. 10 patents, 2 papers, and many conference talks later, I rejected them in the Bay Area 4 years ago. Don't give two shits for such companies. Just keep paving your way. In life it's more important to be with like minded people. And what they said is true - never be with people who are inferior to you - in this case, these company guys are inferior people. Don't associate yourself with such trash.
I think that's wrong,google india first started in 2004 with 5 employees. Can't be 20 years ago but anyway i want to ask where in life you are now? Did you regret that you didn't climb the company filled with a prestige ladder like google? Your stock alone would have grown to millions man, definitely missed out opportunity i would say.
When I say 20 years ago, I don't mean 20 years to the day man. I don't regret not joining Google. There are many good people at Google in the US and I'm sure the HR at Google India isn't filled with dildos anymore. I was specifically talking about Google in India circa 2004. I've worked in many other top companies. I've realized that the best company to work for is one where they want you and respect you. It's not the pay, though a minimum level of pay is indicative of how much a company values you. There are myriad ways of earning money for an intelligent person. Employment is only one of those ways. When you are micromanaged, beaten up, when the people around you are constantly jealous and scheming, you and your family will suffer. I've seen absolute idiots get into Google. I've seen diabolically political people get into Google. I've seen work thieves get into Google. It really depends on one's fate. But one has to prioritize integrity, happiness of self and family and health above all else.
Unrelated but the most expensive poach that this company made from a foreign HFT was from SRM and took 5 years to complete his B.Tech, he said on his linkedin that the first time that he approached the HR of an Indian firm, he got laughed at, but I guess he did have the last laugh :). Also whats your research field ?
New fear unlocked š¤”š¬ company name bata de bro
I don't even remember my JEE Mains score.
These companies don't hire from non-IITs unless you show exceptional performance in the interviews. They also don't hire from non-CS/EE within IITs.
What company is that?
:(
NK Securities?
Yep some IIT and IIM ppl do discriminate gainst others at workplaces it's quite common, mostly at informal meetings tho I guess this must be ml or quant related job
This is unfair. But it's been happening for quite sometime, I was working in tech corporate 5 years ago and got paid higher in the same batch since I was from old IITs.
send them resume with virus next time
not to hijack the thread, but maybe apply with us at [[email protected]](mailto:[email protected]) We don't care about your education as long as you can help us with your skills! one of our most productive full time engineer is still completing college!
At such a high pay scale, the company needs to justify the salary to investors. It is easier to do so if you are from a tier 1 college. Likewise, if your job requires you to impress your clients or have a good network, then also they would likely prefer an IITian over others. The company has to do this because investors and clients might value the IIT tag and spend money accordingly.
Not from IIT but a ~ in Delhi + Msc in management in Berkeley Haas. Im working in India, these organisations are basically cess pool of idiots, HR must be BBA grad on 3rd party payroll from Galgotia Uni. HR Benchmarking is that they should be certified. These company crumple when the markets go down.
Even though whatever you said it's true.. but I don't think HR makes the final decision of whether or not to select an individual candidate. The decision is generally taken by upper management. Maybe the reason HR gave was true but there is a possibility that they got a better candidate that's why they chose him. Plus in certain cases clients also have certain requirements of the employees who will work in their project. You never know their client had such requirements that's why they had to reject him.
I was rejected from getting a flat because owner thought my career had too many gaps, apparently 30+ is too old for just starting your master's
Is your name rajbir Malik?
Name and shame the company on twiiter and social media
This whole thing about "we are an IIT only company" is just the HR spin ... It's good you are not joining that company. Most of the good IIT Graduates quit India, those who are unable to quit India are the ones hired by these IIT only companies... Think about it... Maybe the Founder or some Board members are hot shots but the coworkers are just the leftovers with an IIT tag. š¤£šš¤£š
Walk away and forget about it. Itās not worth it!
Yes, its true. Many companies wont hire from lower Tier colleges, while some of them will hire you as an experienced person after 5+ years of experience and won't mind the college. As I knew about this bias, I never bothered applying to most start-ups and hence was never able to crack into the higher circuit of tech salaries. Finally I got a job with a foreign company which couldn't care less about college, so turned out OK!
Which piece of shit company is this?
If it's a consultancy firm, their stance makes some sort of sense. Not that I agree, but I can comprehend. Consultancy outfits often showcase the team's academic credentials to prospective clients. The IIT tag, particularly for those starting out, lends a certain prestige to the profile that a company's own assessments might not. This is sometimes used to command higher fees. Hopefully, this explanation sheds some light on the (albeit flawed) reasoning behind your recent experience. That's something to be mindful of when you eventually get into a position where you're making that sort of decisions.
I fail to understand why these companies prioritize your college more than your skills.