Graduates from premier institutes like IIT’s and IIM’s should contribute heavily to an upcoming professional area like analytics. We took up an online study to access the level of involvement of IIT/ IIM graduates towards analytics worldwide.
IIT’s and IIM’s together contribute 1.6% of the total analytics workforce of the world. Compare this with top 5 universities with analytics professionals –
- University of California, Berkeley – 0.7%
- University of Mumbai – 0.6%
- New York University – 0.6%
- Stanford University – 0.6%
- Penn State University – 0.5%
IIT/ IIM graduates form 0.7% of total analytics workforce in USA. This number for India stands at a whooping 11%.
Percentage breakup of total analytics professional for individual institutes is:
- IIT Bombay – 12.7%
- IIT Delhi – 11.4%
- IIM Calcutta – 11.2%
- IIT Kharagpur – 11.0%
- IIM Bangalore – 10.2%
- IIT Madras – 9.7%
- IIM Ahmedabad – 8.5%
- IIT Kanpur – 8.1%
- IIM Lucknow – 5.7%
- IIT Roorkee – 4.9%
- IIM Kozhikode – 2.7%
- IIM Indore – 2.7%
- IIT Guwahati – 1.2%
Total – 100%
Top 10 recruiters of analytics professionals from IIT/ IIM are IBM, CTS, Accenture, GENPACT, Infosys, Deloitte, American Express, TCS, ZS Associates and Citi.
The average number of work experience for all analytics professionals from IIT/ IIM is 8.7 years. Compare this average work experience of analytics professionals in India, which is 6.4 years. This indicates that more number of IIT/ IIM graduates were able to transition to analytics at later stage of their career.
34% of analytics professionals from IIT/ IIM have a total work experience of more than 10 years. This number for all analytics professionals in India is 16.1%, again indicating that more number of IIT/ IIM graduates work in analytics at later stages of their career.
Another interesting fact that came out of this study is that 36% of all CXO level analytics positions in the country is filled by IIT/ IIM graduates, yet only 26% of all entrepreneurial activities in analytics is done by IIT/ IIM graduates.
Top Cities where analytics professionals from IIT/ IIM reside are:
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- Bengaluru – 17.7%
- Mumbai – 12.4%
- New Delhi – 8.1%
- San Francisco – 6.8%
- Gurgaon – 6.7%
- New York City – 5.6%
- Hyderabad – 3.7%
- Chennai – 3.1%
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Bhasker is a Data Science evangelist and practitioner with proven record of thought leadership and incubating analytics practices for various organizations. With over 16 years of experience in the area of Business Analytics, he is well recognized as an expert within the industry. Earlier, Bhasker worked as Vice President at Goldman Sachs. He is B.Tech from Indian Institute of Technology, Varanasi and MBA from Indian Institute of Management, Lucknow.