Grim news for MBAs-engineers are eating up marketing, finance jobs too. Thanks to startups!

If you thought doing MBA after engineering would have landed you a plum job offer, well only, engineering can also do the same.

Engineers, especially IITians, are a happy lot as startups and emerging e-commerce firms are hiring them for every role in the company, including corporate functions.

Yes, startups like Ola, Oyo Rooms, CarDekho.com, Jabong, etc are hiring more engineers for roles and responsibilities like operations, marketing, business finance, procurement, etc.

This will spell bad news for MBAs as they have always been the first choice for such roles.

Reportedly, Ola is planning to hire 125 IITians for non-tech roles and the taxi hailing service hired 20 such engineers last year.

"IIT graduates are strong analytically and good with numbers. Hence, we approach them for non-tech roles, too," Amit Mathur, director and head of talent acquisition at leading taxi aggregator Ola Cabs, told ET.

Likewise, CarDekho.com will hire more analysts from IITs.

Experts say that engineers are quite adjusting than MBAs and are willing to take more risks and do not expect a comfortable job.
Many startup owners say they prefer fresh graduates from IITs.

"Start-ups have been telling us this year that they want to increase the number of hires in non-tech/managerial roles. We also expect an upward revision in the compensation being offered for these roles," Babu Vishwanath, advisor - placements at IIT Madras, told ET.

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