Press Release

Scaler Academy’s maiden batch sees 2.2X jump in salary offer

97% of April 2019 batch secures job offers in leading companies with an average annual package of over 15 lakhs~

 

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:

Graduation Year

(from engineering colleges)

Number of StudentsNumber of students with job offersPlacement %Average CTC
(INR)
2019838299% 15.62 lakh*

(per annum)

2020999592%
Total182177*97%

(batch average)

*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 collegeNumber of StudentsNumber of students holding job offersBatch Construct
IITs/NITs/IIITs534928%
Others13612872%

Over 94 unique companies hired from the batch of April 2019. The recruitment data of the top 10 employers is as enclosed:

Company NameGrand TotalNumber of Students from Non IIT/NIT/IIITsNumber of Students from IIT/NIT/IIITs% of Non IIT/NIT/IIITs Students
Amazon India24*18675%
Samsung R&D Institute, India129375%
Lido Learning76186%
Oyo65183%
Delhivery55100%
MindTickle42250%
Google33100%
Cisco31233%
Make My Trip33100%
Razorpay33

*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.

About Scaler Academy:

Scaler Academy is a 6-month online tech education program by InterviewBit. It was launched in April 2019. Scaler Academy’s meticulously structured program effectively enhances the coding skills of professionals by creating a modern curriculum with exposure to the latest technologies. The students enrolled in Scaler Academy are mentored and taught by tech leaders and subject matter experts working with leading organisations including Google, Facebook, Twitter and Netflix, among others. The first batch of Scaler Academy had 189 students, and since then seven more batches have been initiated – one out of that is being conducted in the United States. Students of Scaler Academy have access to over 300 working professionals from top software companies across the globe including Amazon, Google, Facebook, Netflix and Twitter among others who act as instructors, mentors and career coaches. For more information, please refer: www.scaler.com

About InterviewBit:

InterviewBit was founded in 2015 by Abhimanyu Saxena and Anshuman Singh. It’s an online platform that teaches students and young professionals the skills needed for technology jobs, mentors them to crack recruitment processes as well as provides referrals to the best opportunities in the software industry across the globe. Today, InterviewBit has more than a million registered software developers with over 300k monthly active users. Over 600 global aspirational companies work with InterviewBit for their hiring requirements such as Google, Uber, Amazon, Facebook, Flipkart, Myntra and Dunzo, among others. For more information, please refer: www.interviewbit.com

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