New Delhi, 21 April 2020: Scaler Academy, a competitive online computer science program being run by InterviewBit, completes one year of operations this month. The first batch of students of this unique tech-versity has officially graduated from the course and have started making their way into India’s growing technology industry. 97% of the batch has got job offers from leading organisations with an average CTC of INR 15.62 lakhs per annum. Some of the top recruiters of the April 2019 batch were Amazon, Samsung R&D Institute, Lido Learning, MindTickle, Delhivery, 1MG and Razorpay among others. Google has also offered software development jobs to 3 students. The batch was started on 15th April 2019 and all the students were freshers without any prior work experience.
Scaler Academy offers a meticulously structured course that enhances the skills of software professionals by providing them access to a modern curriculum taught by subject matter experts, with exposure to the latest technologies, and mentorship from industry leaders. While the April 2019 batch had 189 students, the placement status of 7 students was not available at the time of creating the report, and they have been excluded from the analysis. The detailed placement data is enclosed:
(from engineering colleges)
|Number of Students||Number of students with job offers||Placement %||Average CTC|
|2019||83||82||99%||15.62 lakh*(per annum)|
*Out of 177 people placed, 4 are currently in internships and are expecting a PPO.
*The average salary offer for a 2019 graduate (campus offer) before joining the course was approximately INR 7.12 Lakh
Abhimanyu Saxena, Co-Founder, Scaler Academy and InterviewBit said, “The last year has been a phenomenal journey for us at Scaler Academy. We strongly believe that once the youth of our country is empowered with the necessary skills and knowledge, they are capable of creating hundreds of unicorns like Facebook and Google. With that as the end goal, the April 2019 batch was the litmus test to understand if we were right. It is hugely inspiring to see our students being welcomed by the industry. The average CTC offered to our students as compared to what they got as campus offers has more than doubled. In fact, 33 of them today hold job offers that are paying over INR 25 lakh per annum. We have a lot of hope from these young, talented and driven students. They are a group to watch out for.”
“At Scaler Academy, we strongly believe that if every student were to improve by 1% every day, they would be a 37 times better version of themselves in a year (1.01^365 = 37.8). It is our core philosophy, and everything at Scaler Academy has been crafted keeping this thought in mind. Our job is to enable students to do better, and this has reflected in the performance of our April 2019 batch. 72% of our students come from non-‘pedigree’ institutions and yet they have been able to secure gainful employment opportunities with top companies, including the likes of Google. We feel we are on the right track and are looking forward to the year ahead. We have a lot of exciting new things planned that will transform the way the country’s youth learns.” added, Anshuman Singh, Co-Founder, Scaler Academy and InterviewBit.
A large majority of students in the April batch were not from the top engineering colleges in the country:
|Types of college||Number of Students||Number of students holding job offers||Batch Construct|
Over 94 unique companies hired from the batch of April 2019. The recruitment data of the top 10 employers is as enclosed:
|Company Name||Grand Total||Number of Students from Non IIT/NIT/IIITs||Number of Students from IIT/NIT/IIITs||% of Non IIT/NIT/IIITs Students|
|Samsung R&D Institute, India||12||9||3||75%|
|Make My Trip||3||3||–||100%|
*Out of 24 people placed at Amazon, 4 are currently in internships and are expecting a PPO.
The numbers clearly suggest that most MNC’s and leading start-ups are no longer only hiring from Tier1 colleges, they are increasingly looking at talent over pedigree.