Posted on 04/24/2006 8:13:55 AM PDT by george76
It's spring, and at the Indian Institute of Management - a premier management school in this industrial town - the campus is abuzz with company recruiters offering fat pay packages to new grads. .
Bagging a $185,000 per year offer, Manan Ahuja, an affable 26-year-old lad, coyly notes that his salary package offered by Barclays Capital, a British investment bank, is far more than his father, a Delhi government bureaucrat, earned in his entire lifetime.
"It feels great to get an international offer," Mr. Ahuja says. "Beyond the salary, this promises an interesting job profile and great growth prospects."
Ahuja's new job will take him first to London and later to the New York offices of Barclays.
Although securing jobs has never been difficult for students at India's top business schools, the rise in the number of jobs and the high salaries this year are testimony to the premium multinational corporations now place on Indian talent, which...ranks among the best in the world.
The eye-catching offers also reflect India's booming economy - 8 percent growth rate ...
Indian MBA salaries are now in the same range as those offered to grads of the top US business schools. In 2005, the average compensation of Harvard Business MBA grads was nearly $175,000, up 11 percent from the prior year. Stanford and Dartmouth MBA grads averaged $150,000 salary packages last year.
"Multinational companies...are now realizing that they've got to look at India - beyond Wharton and Harvard - for the world's brightest business graduates."
Like their better-known American counterparts, Indian business schools are fostering prestige by setting a high admissions bar.
Out of 158,000 ( applying ) students...only 1,300 got into India's six IIM institutes.
The management school here at Ahmedabad is the toughest business school in the world to get into.
(Excerpt) Read more at csmonitor.com ...
hmmm...straight outta school making 185K?
okie dokie
"You cannot sell a product just by its brand image," he says.
"No company will visit us repeatedly if we aren't intrinsically good."
This year, out of the 110 companies that recruited at IIM, Ahmedabad, says Dholakia, 80 percent were returning firms.
I bet schools in India pressure children to be challenged and excel while schools in the USA don't pressure children to be challenged or excel and instead focus on how good the children feel after a day at school.
That'll keep 'em in curry.
Remember schools are not about learning, or competition between students..its where EVERYone, regardless of their ability or the amount of effort they put in, excels. At the end of the day everyone is equal, and happy.
I suspect this is why many Americans won't have to worry about getting their jobs outsourced. Good Indian and Chinese talent is going to cost serious bucks.
We may face another problem, however. In the future, much of the work can be only be done by smart people. Smart people, wherever they are on the globe, will make a good living. We may have problems finding work for the less brainy.
Schools in China and India are teaching math, science, reading, and writing.
In American Universities, we teach political correctness and mush.
We are in trouble. The next generation will realize the big mess.
Ahuja's new job will take him first to London and later to the New York offices of Barclays.
London and then New York? His first year rent will be far more than his father paid in a lifetime.
Schools in India are getting it done.
Thanks to our big unions..NEA...not so much.
Today the stock value is down a little, so it might be a good day to buy some.
Both of you gentlemen are correct. The NEA union thugs, Now Hags and homosexual predators are pushing PCism and other trash in lieu of basic education.
Children going to these brain washing institutions will become adults with minimal if any skills to survive in the upcoming competitive world markets.
"To: george76
I suspect this is why many Americans won't have to worry about getting their jobs outsourced. Good Indian and Chinese talent is going to cost serious bucks.
We may face another problem, however. In the future, much of the work can be only be done by smart people. Smart people, wherever they are on the globe, will make a good living. We may have problems finding work for the less brainy.
8 posted on 04/24/2006 8:23:11 AM PDT by Our man in washington
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The future is going to be very hard on the next generation.
If our kids and grand kids do not get a decent education, they will be lucky to flip burgers.
"The future is going to be very hard on the next generation."
"If our kids and grand kids do not get a decent education, they will be lucky to flip burgers."
A lot of us feel that we are in the Cold War Phase of America's Civil War II.
Which is why I don't get too excited about the really poor schools in the Blue cities and Blue States.
First all the libs are aborting a large % of their future generations. Then they proudly send their non aborted children to the left wing brainwashing warehouses posing as schools. Their children will get an excellent PC education of how great the gay life is, diversity and how evil conservatives are. This will limit their ability to continue the Cold War Phase of America's Civil War II. Besides being crippled education wise, they will probably become physical wrecks due to the life styles they will adopt.
Conservative parents love their children and will make whatever sacrifices are necessary insure good educations and life styles for their children. Conservative grandparents will help in these important endeavors.
A lot of us feel that we are in the Cold War Phase of America's Civil War II.
Which is why I don't get too excited about the really poor schools in the Blue cities and Blue States.
Amen!
If you want to learn about modern Czech fantasy novels, Harvard is an excellent place to be. The same goes if you want to study women writers from the Caribbean or elementary particle physics (where the particles, not the physics, are elementary). But where should you go if you want to become an educated person? What fun Socrates would have had at Harvard, the supposedly preeminent educational institution in the world.
In Excellence Without a Soul: How a Great University Forgot Education, former dean of Harvard College Harry Lewis argues that Harvard or its college at least is aimless and adrift, with a scant idea of what to do with its undergraduates. Even if his critique has less irony and edge than one from Socrates would, it nevertheless serves as an informative condemnation of Harvards approach to education.
Harvard began as a school for Puritan settlers in the New World, meant to ensure that ministers were literate and somewhat learned; it has since grown into a world-renowned research university. Its professors are scholarly specialists whose interests have little to do with those of most students. Not that its undergraduates are particularly concerned about getting an education. Many treat college as one more rung on the ladder, and they inevitably have time-consuming extracurricular pursuits. Some indeed are academics in the making, yet, as can be seen from their professors, this has little to do with being well educated. So Harvard College ends up being little more than a collection of specialized, expert professors who lecture to, but otherwise try not to interfere with, their ambitious, talented students a generalization, to be sure, to which there are numerous exceptions, but it is true enough.
It may be very ironical that the children of the elite limo driven liberals after graduating from Harvard and other left wing Ivy schools may have no knowledge/skill gains. That may put the future grads of Ivy League Schools in a lower rung of society.
Actually, I think that might have happened during the late 1960's up to the current time. If not for their grandparents trust funds, they and their left wing boomer parents might be living on the streets.
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