There is a genuine boom , with definite grandiose touches. So here is a peek a boo into the ever demanding, ever growing IT industry...
CERTI-MAN: Knowledge never exists until it is tested and certified . If you thought gone are the days when you used to burn the midnight oil in giving exams, wake up. Certifications are your life jacket which would sail you through the adamantine walls of success... Well here is a reality check:

BLAH-Blah Manager: Yes he is the enchanter , who would give you plenty of gyan , would bribe you with rosy dreams and dump you if you dare not follow his orders.

Horrifying HR: You will be tied up with policies like mosquitoes in a cob web. These policies would cling leech like sucking the slightest vestige of pure comfort.
Cubicle Your Den, Your Home :

Honey , your space is shrunken. Your den clustered with many
more and of course the company of your new found sweetheart - THE PC.

Holiday Blues: Vacations are a blessing in disguise, for your project will always be critical and you are the only Resource required.

Imbued with the angst of being a fresher( bottom of pyramid) and informed by the vast pool of frustrated engineers I have woven a dismal picture. After reading this sarcastic script , I offer you something more my nimble mind could produce :
The ultimate SWOT Analysis:
Strengths: Handsome salary for a beginner,provides a number of low-cost business options to tap higher productivity , repeat business, businesses are able to remain buoyant even amidst the economic recession, higher connectivity and exposure to global work.
Weakness: The pool is extremely large and demanding. You may be stuck up doing the same work for years. Long hours, shift timings, working according to clients calendar.
Opportunities: Onsite is the most lucrative opportunity you could grab.
Threats: The moment you think you will be promoted a lateral hire may swap your position. If you do not perform you could easily be replaced.