My sister was a part of this course at IIT KGP and she found it extremely interesting and aligned with her interests. The course is industry oriented covering a number of topics like 

• Product Design
• Modeling of systems
• Software implementation and Verification
• Product Validation 

Basically, all aspects of product design are covered under this course. In the First Semester, it covers topics related to Embedded systems, Control Engineering and Software Engineering and in the second semester, you are free to choose electives of your choice. 

As far as placements are concerned, top big names like Robert Bosch, KPIT, Cognizant and Cypress Semiconductor visit the campus for placements.

However, interdisciplinary courses face a lot of issues during placements since this course is not known to many companies. This is because it falls under a different center named ATDC(Advanced Technology Development Center) 

To prepare for the interview one needs to go through concepts of signals and systems, processors and controllers, C language, and Assembly language.