^^I am sorry to say but it used to be like that before 2008 a person with knowledge will be selected. Most big company now are hiring people as contractual employees(You will work in big MNCs but will be paid by some consultancy's)
1)Pay will be less
2)They can fire anybody any time.
Most of the people doing B.Tech are trying for banking sector even those doing job. I used to think like you when I was fresher now It is what I observed.