CAREER IN INFORMATION TECHNOLOGY

Career in Software Industry

By the year 2004-14 Computer software engineers are estimated to be one of the fastest growing occupations. There are Very good opportunities are expected for graduates with at least a bachelor degree in computer engineering or computer science and with practical work experience. Computer software engineers must continually strive to acquire new skills in conjunction with the rapid changes that are occurring in computer technology.

As we know that there is software firm increasing rapidly and so number of qualified professionals are decreasing. In the IT industry, the gap between the numbers of trained professionals produced and required is ever widening. More so this gap is not limited to numbers alone but it also exists in terms of the quality of trained professionals produced with the desired skill sets. The situation looks grimmer if we consider the rate at which the IT sector is set to grow in the years to come.

Employment in software development Industry

Doing job in Software industry, is a dream job of todays generation. So the number of Computer software engineers held about 800,000 jobs in 2004. Approximately 460,000 were computer applications software engineers, and around 340,000 were computer systems software engineers. Although they are employed in most industries, the largest concentration of computer software engineers—almost 30 percent—are in computer systems design and related services. Many computer software engineers also work for establishments in other industries, such as software publishers, government agencies, manufacturers of computers and related electronic equipment, and management of companies and enterprises.

An increasing number of computer software engineers are employed on a temporary or contract basis, with many being self-employed, working independently as consultants. Some consultants work for firms that specialize in developing and maintaining client companies Web sites and intranets. About 23,000 computer software engineers were self-employed in 2004.

Demand for computer software engineers will increase as computer networking continues to grow. For example, the expanding integration of Internet technologies and the explosive growth in electronic commerce—doing business on the Internet—have resulted in rising demand for computer software engineers who can develop Internet, intranet, and World Wide Web applications. Likewise, expanding electronic data-processing systems in business, telecommunications, government, and other settings continue to become more sophisticated and complex. Growing numbers of systems software engineers will be needed to implement, safeguard, and update systems and resolve problems.

Earnings

We all know that a software engineers can get a good package in dollar. Even Computer graduates are now getting good package but it depends on the firm that it’s a multinational or not. Those who are not above the two can get also get good salaries if they have good knowledge in some computer Language. Median annual earnings of computer applications software engineers who worked full time in May 2004 were about $74,980. The middle 50 percent earned between $59,130and $92,130. The lowest 10 percent earned less than $46,520, and the highest 10 percent earned more than $113,830. Median annual earnings in the industries employing the largest numbers of computer applications software engineers in May 2004 were as follows:

Software publishers	$79,930
Management, scientific, and technical consulting services	78,460
Computer systems design and related services	76,910
Management of companies and enterprises	70,520
Insurance carriers	68,440

According to a salary survey conducted by the National Association of Colleges and Employers, bachelor's degree candidates in computer engineering received starting offers averaging $52,242 a year in 2005; master's degree candidates in computer engineering were initially offered $58,631.

Median annual earnings of computer systems software engineers who worked full time in May 2004 were about $79,740. The middle 50 percent earned between $63,150 and $98,220. The lowest 10 percent earned less than $50,420, and the highest 10 percent earned more than $118,350. Median annual earnings in the industries employing the largest numbers of computer systems software engineers in May 2004 are as follows:

Scientific research and development services	$91,390
Computer and peripheral equipment manufacturing	87,800
Software publishers	83,670
Computer systems design and related services	79,950
Wired telecommunications carriers	74,370

According to the National Association of Colleges and Employers, starting salary offers for graduates with a bachelors degree in computer engineering averaged $52,464 in 2005; offers for those with a masters degree averaged $60,354. Starting salary offers for graduates with a bachelors degree in computer science averaged $50,820.

Companies

There are many companies now a days like

HCL Technologies

WIPRO

CSC

PATNI Computers

ACCENTURE

CAPE Gemini

SDG

And many more..