Is IIAE (Indian Institute of Aircraft Engineering) a 4 years bachelors course? How good is it for getting jobs?

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Yes it is a four years Bachelors course... (B.E / B.TECH)
Career opportunities for IIAE
Mechanical Stream
Heavy Aeroplane (HA)
Jet Engine (JE)

B.E. / B.Tech. / M.E. / M.Tech (Aeronautical Engineers)
B.E. / B.Tech. / M.E. / M.Tech (Mechanical Engineers)

Avionics Stream
Radio Navigation System (RN)
Electrical System (ES)
Instrument System (IS)

B.E. / B.Tech. / M.E. / M.Tech (Electronics & Telecomm. Engineers)
B.E. / B.Tech. / M.E. / M.Tech (Computer Engineers)

All The Best....