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What are the scopes or oppurunities after doing bachelors in economics from IIT kharagpur?

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Atul Sharma Posted On : March 28th, 2023
Works at Indian Institute of Technology, Kharagpur (IIT KGP)

Firstly, it’s important to note that IIT Kharagpur does not offer a bachelor's course in Economics, but rather an integrated MSc course. Indeed, the scope of economics is increasing day by day owing to its high demand in the corporate sector.

After completing a Bachelor's degree in Economics from IIT Kharagpur, there are a variety of career opportunities available to you. Some popular choices include:

  • Opting for higher education by pursuing a Master's or Ph.D. in Economics or a related field, such as Finance, Business, or Public Policy.
  • Working in the financial sector, such as investment banking, private equity, or venture capital.
  • Working in a government or international organization, such as the World Bank, the International Monetary Fund, or a national central bank.
  • Joining a consulting firm, such as McKinsey, Boston Consulting Group, or Accenture.
  • Working in academia, as a professor or researcher in Economics.
  • Joining an NGO that focuses on economic development, poverty reduction, or environmental sustainability.

Additionally, Economic students tend to have a lot of free time and thus can utilize the same in pursuing a micro or minor course in other departments like CSE or Mathematics. This is helpful only if they are willing to get Finance and Analytics jobs. They can also prepare for exams like CFA which have numerous job prospects.

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Is IIT Kharagpur the right option for Northern Indians?

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Atul Sharma Posted On : March 27th, 2023
Works at Indian Institute of Technology, Kharagpur (IIT KGP)

I have seen a lot of North Indians in a dilemma while choosing IIT Kharagpur mainly because of the food and culture. They are under the impression that being situated in Bengal, it is dominated by Bengalis only. In reality, you will find people from every corner of the country and a rich blend of cultures at IIT KGP.

In fact, the lush greenery is a surprise for North Indians as it’s a luxury for them. As far as the food is concerned, the taste is far better than that of North Indian colleges. The students decide on the menu on their own thus satisfying the taste buds of everyone.

IIT Kharagpur is the best decision one can make irrespective of which part of India you belong to. You get to experience college life like no other and also get to pursue the branch of your choice.

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What methods and habits should one follow to achieve a 9+ CGPA in IIT Kharagpur?

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Nikhil Goal Posted On : March 28th, 2023
Mechanical Engineering from Indian Institute of Technology, Kharagpur (IIT KGP)

There is no fixed method that can guarantee a 9+ CGPA in IIT Kharagpur. But one can talk to their seniors or toppers and get a little insight into the methods adopted by them to ace exams. My sister recently graduated from IIT KGP with a 9.7 CGPA and shared the simple tips that helped her sail through the tough college years 

  • Don’t miss lectures at all and make concise and precise notes on the same
  • Do your assignments well before the deadline so that it does not affect your entire study schedule
  • The key is consistency. Studying for short periods regularly is better than studying for long hours in the last few weeks before exams.
  • Pay special attention to subjects with more than 10 credits and try to excel in them no matter what.
  • Don’t take the lab sessions lightly and make your contributions in the same.

These simple pointers will help you a long way to secure an excellent CGPA.

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How do I change my PhD guide in IIT Kharagpur?

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Aishwarya Anand Posted On : March 28th, 2023
Ph. D. from Indian Institute of Technology, Kharagpur (IIT KGP)

You should have a plausible reason justifying your guide change during your Ph.D. at IIT Kharagpur. One such reason can be very slow progress or laid back attitude. There might be any other compatible issues as well that might hinder your progress in getting the required training for a Ph.D. degree.

Once you are certain that your reason is one that needs to be addressed, present your stance to your Head of the Department, who will call a meeting of your doctoral scrutiny committee (DSC). You will be asked to present the case in front of the DSC members and your guide who has to agree to release you from his guidance. Once you have been released, another faculty member of the same department should volunteer to take you under his umbrella.

Concludingly, there are 3 major requisites for Ph.D. guide change

  • A concrete reason like no progress 
  • The faculty guide should be ready to release you happily
  • Another faculty guide should be ready to take you under his guidance.

These may look like simple steps but sometimes can be very difficult and challenging.

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How is the hostel for girls studying PhD at IIT Kharagpur?

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Aishwarya Anand Posted On : March 28th, 2023
Ph. D. from Indian Institute of Technology, Kharagpur (IIT KGP)

Most MTech and Ph.D. female students are assigned the following hostels

  1. Sister Nivedita
  2. Rani Laxmibai
  3. Gokhale halls of residence
  4. Mother Teresa hall

All these hostels are in close proximity to the main building and entrance thus making it easy for female students to commute to and fro from the hostel.

A typical room in these halls of residence consists of proper bedding, a table, a chair, and a LAN port. Every hostel has its own mess faculty that works under the supervision of the hall management committee or private contractor. The best part is the flexible environment posing no restrictions on girls and no discrimination between boys and girls. 

IIT Kharagpur offers the best hostel life with a splash of greenery, tranquility, and a serene environment. 

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How is chemical engineering at IIT Kharagpur?

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Senjuti Gupta Posted On : March 28th, 2023
studied at IIT Kgp

I will throw some light on the harsh reality of Chemical Engineering at IIT KGP or in India generally.

  • There is no quality Chemical engineering education in India.
  • There are NO private chemical engineering companies in India.
  • There isn’t a single Engineering college in India that has given any chemical engineers.
  • Most Engineering aspirants from top colleges pursue computer engineering to become software engineers. The companies visiting for placements are not interested in academic credentials but look for the TopCoder and GitHub profiles of the job applicants.
  • Others become Managers in the industry and start earning really well. The companies hiring managers depend largely on the past academic records of the candidates.

Chemical Engineering in India is almost non-existent and the job prospects of the same are nill.

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I will complete my MSc in applied geology next year from IIT Kharagpur. What should I do to opt for a PhD program at IIT Bombay/IIT Kharagpur?

AJ
Advait Joshi Posted On : March 28th, 2023
Lives in Mumbai, Maharashtra, India

The first step in the journey of getting a Ph.D. degree is giving either of these exams; GATE, NET, CSIR, or UGC. Next, you have to decide on a particular field in which you will be conducting your research. After this, you have to look for a faculty advisor that has experience in the kind of research work you are looking for. His teaching style should necessarily align with your learning style. Conduct extensive research on the topic you will be working on. 

IIT Bombay: Here, you are required to do some coursework on the topic you have chosen. Choose the course that will give you more opportunities than others. Most Ph.D. students take some courses only to make up the required credits. This is not right as you will miss the opportunity to learn so much from every department. The most preferred courses are CS and Modelling at IIT Bombay.

One can even upgrade their skills in Mathematics and Statistics. Other courses that might help you in research work are fluid mechanics, soil mechanics, inorganic chemistry, solid-state physics, and thermodynamics.

Basically, you should choose your coursework not only for credits but to get knowledge of the research work you will be doing. Seek help from your advisor on the same.

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What should I choose, CSE at IIT Hyderabad, BHU, mechanical at IIT Kharagpur or electrical at IIT Roorkee?

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Tithi Aggrawal Posted On : May 16th, 2023
Lives in New Delhi

Irrespective of the IIT you choose, CS placements are excellent everywhere with very lucrative packages offered to its top rankers. A good student can pay a package as high as INR 30-40 LPA in CS whereas the same students will only end up with a package of INR 10–15 LPA.

While many may comment that placements should not be the only determining factor, I am here to contradict that opinion. CS is a branch that is dynamic and any engineering aspirants will be attracted to it naturally while other branches are a bit rigid and require specific attention. 

As far as CSE at IIT BHU is concerned, it’s at par with most older IITs. The majority of the batch is pre-placed or placed on the first day itself. A few top recruiters include Goldman Sachs, Oracle, Microsoft, etc.

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I am a 2nd Year Undergraduate student of IIT Kharagpur. How I should prepare for this exam within the two upcoming years of my life?

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Senjuti Gupta Posted On : March 28th, 2023
studied at IIT Kgp

Being a 2nd-year student is too early to start preparing for UPSC CSE. You might tire yourself out and when the actual time comes to outperform, you might not have the energy left to cope. Here are some guidelines that might help you prepare for this exam well in advance.

  • Know your CSE syllabus well
  • Read NCERT books of History, Political Science, Geography, and Economics from classes 6-12. This will broaden your knowledge base and you will become well aware of economic policies which can be adopted in a particular social sector.
  • Another great way is to start reading the newspaper on a daily basis. Keep yourself well acquainted with the happenings in your country in the economic and other sectors. Develop your own opinions on the various issues prevailing in society. 

However, just reading NCERTs will not suffice for the exam. There are some additional standard books that you need to master to prepare well for your UPSC CSE exam.

  • Bipin Chandra's India's Struggle for Independence and History of Modern India.
  • M. Laxmikanth is the bible of Indian polity. 
  • Indian Economy by Ramesh Singh for economics
  • Challenge and Strategy: Rethinking India's Foreign Policy. 
  • Environment & Ecology: Biodiversity, Climate Change, and Disaster Management by Majid Hussain

These books will help you become well-versed in various topics asked in UPSC CSE. 

The major prerequisites for preparing for the UPSC CSE exam are NCERTs, the standard books I have mentioned, and The Hindu newspaper. These will help you ace the exam. Additionally, you can work for NGOs to get a sound knowledge of prevailing issues, and practice writing answers and you will be well on your way.

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Which B school should I choose between VGSoM IIT KGP and IIM Nagpur?

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Pranay Singh Posted On : February 4th, 2023
MBA in General Management, VGSOM, IIT Kharagpur (Graduated 2021)

When considering graduate business programs, it is important to weigh the various factors that may influence your decision. IIT Kharagpur's Vinod Gupta School of Management (VGSoM) has a long legacy and robust alumni network, spanning over 25 years. In contrast, IIM Nagpur, a newer institution, has graduated only three batches so far. VGSoM also boasts a spacious campus of 2100 acres, while IIM Nagpur does not have its own campus.

While the fees for both programs are roughly the same, the average package at VGSoM is significantly higher at INR 19.36 LPA compared to INR 13.21 LPA at IIM Nagpur. However, IIM Nagpur does offer a unique opportunity for students to spend one trimester at IIM Ahmedabad and receive mentorship from the institution's faculty. Additionally, for some individuals, the IIM tag may hold additional prestige.

It's worth noting that the IIM tag is highly respected for older IIMs and certain regional campuses such as IIM Trichy, IIM Udaipur, and IIM Ranchi. However, for baby IIMs like IIM Nagpur, the tag may not hold as much weight when compared to an esteemed institution like VGSoM which holds the IIT tag and offers an MBA program that is semester based, while IIM Nagpur offers a trimester-based postgraduate program.

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