Accenture

Good introduction to the IT consulting industry.

Fairly good pay plus bonus as per industry standard.

Make friends and earn just enough to drink/party on weekends and just barely survive in a tier-1 city.

Overall, a nice place to start your career from a tier-3/4 college.

Work only for the first 2-3 years after college, then either try for a product-based company or go for higher studies.

Just use such companies as a lifeboat to survive and work hard to skill up, acquire certifications, or work towards higher studies.

Mostly work is there for support roles, i.e., glorified clerical jobs. The career is in the hands of incompetent people who didn't work on up-skilling themselves. They will take your prime years from you by dangling carrots of onshore opportunities, yearly bonuses, DA ratings, or Ace awards in front of you. Then they kick employees out at age 45-50 who don't improve their profile or acquire higher degrees. That's the end of your career if you get into a comfort zone. The company mostly needs human drones to bill business clients hourly for so-called qualified engineers or tech specialists by training any random employee on a technology for 1-2 months. However, they pay the same employee only 5% of the total earnings from the hours billed as a salary.

None, really. It is a good business model these IT consulting firms have got going on.

Cheap labor in India is billed at 10-20 times the total salary of the employee to the client, and thus the profit margins are huge. That's why these companies are so successful.

Not a bad deal for students just out of college either. They get soft skills and an introduction to corporate culture.

Corporate policy should actually be directed towards delivering more value to clients and reducing workload/automating repetitive tasks, instead of just adding support-role employees to the client's wage bill year on year without delivering on the promise of improving, streamlining, and reducing their regular work.