Private universities headed to IITs to hire faculty
Live MintThe Indian Institutes of Technologies have become a fertile ground for other universities to hire for professor roles to improve their global standings and meet faculty needs as they expand campuses. A clutch of private universities has registered as recruiters for master’s and doctorate degree holders from IITs to teach mathematics, chemistry and physics to their students, placement executives and students told Mint. “The universities are usually looking at master’s and PhD students who will help the universities up their international rankings," said Suchindra Kumar, partner and leader-education, PwC India. “IITs have one of the best research ecosystem in the country, which can help private universities in enhancing their research and peer perception," he said, adding that a positive brand image of IITs helps them draw more students and faculty. In the last five years, India’s edtech and coaching sector has hired at least 3,000 IIT graduates or IITians both from campuses and via lateral hiring The edtech sector pays IIT grads a starting salary of ₹10-12 lakh per year, with a clear path to a ₹60 lakh-1 crore package in a few years.