Or at least, that's the education they often mentioned to me.
I’m sick of the idea that only foreign grad’s are worthy of a job in this country. If anything, this merely reinforces my view that college is big business.
Too bad it is not in the same in America. There’s nothing like a bunch of foreigners that can’t speak American (not English) who have no idea what it is to be American and think their valuable MS, MBA, PhD’s make them more qualified than people who have real experience in America instead of something that came out of a book.
“For instance, a third of the surveyed students who had majored in finance, did not know what IPO – short for initial public offering – stood for”
Last summer, we interviewed dozens of these Ivy-League B School’ dimwits for a simple financial analyst position. Our simple question of “kindly explain a profit margin ratio..” turned to: “I think profit is about greed”. “umm, profit ratio is about the ratio to make a profit”, to “this company should share it’s profits with the poor”. Yes, they were all B school grads from every known Ivy League uni you could think of.
Our headhunter was apologizing in bunches after the first 3 weeks..
Makes me wonder about the quality of medical education in India.
I constantly get calls and emails from Indian recruiters. They have cornered the market in my software and are placing new graduates like this for 1/3 of what the market should be. And now I see the recruiters are minority owned businesses. Why should these people get more support from the government than American citizens
April 5, 2011 http://online.wsj.com/article. India Graduates Millions, but Too Few Are Fit to Hire
"Many recent engineering grads in India say that after months of job hunting they are still unemployed and lack the skills necessary to join the workforce. Critics say corruption and low standards are to blame."
Where my kids go to college, you’d be REALLY HARD PRESSED to see any American kids in challenging technical fields - they’re all foreigners (or at least kids of foreign-born parents).
American parents are FAR TOO BUSY trying to make sure that their kids get that starting gig on the football team and FAR TOO STUPID to realize that today’s schools are out to fail their kids, BY DESIGN.
Have a look...if you can take it:
http://www.youtube.com/watch?v=Tr1qee-bTZI
The problem is really two-fold: On the one hand, many if not most Indian B-schools really don’t teach; they lecture. The students are rarely required to do anything other than rote memorization so they can correctly respond to the answers on the examinations. Unfortunately, being able to function in business requires being able to think creatively, and they just aren’t taught that except at a very few high-end schools. There are lots more B-schools in India than elsewhere, but the number of good ones is really no higher than anywhere else.
The second problem is cultural. Indians as a whole lack the ability to do future planning. Project planners are rare in India, and most things that would normally require extensive planning, such as construction or IT projects, are instead approached with an attitude of “just winging it”. This attitude extends into practically every aspect of life, and no doubt affects B-school graduates just as deeply. As a result, budgeting, forecasting, business strategy and many other critical tools in a manager’s arsenal are missing from Indian B-school graduates. And lest anyone think I’m being racist, or stereotyping, I live in India, and am merely relaying what several Indians themselves have told me.
Not news to an EE who has worked in silicon valley.....so many of those ‘trained’ engineers couldn’t design their way out of a paper bag....but they were always quick to take the credit for someone else’s work
I worked for a major Fortune 50 company that fell in love with the idea of hiring Indians to do all kinds of work otherwise done in “high cost countries”, i.e. the US. Their reasoning was that IIT has been turning out gazillions of these brilliant people for decades but there were not jobs, the speak English (not necessarily GOOD English) and work for peanuts.
Unfortunately they didn’t know crap. The lack of life experience, western socialization, and overabundance of theory and “book larnin’” made the vast majority of them worse than useless. By that I mean they would consume time and resources composing reports and research to tell you things you already knew and much of which was plagarized from internet sources (like we don’t get the internet here?). That’s the worthless part. But then they’d engage in lengthy dialog and argument to convince you it was true and accurate and “why are you not accepting and worshiping my opinion on this matter?”
The study found that less than half of the students tested had some knowledge of key industry terms and concepts in their areas of specialty. For instance, a third of the surveyed students who had majored in finance, did not know what IPO – short for initial public offering – stood for.
Then we have:
Some industry experts say that these findings are evidence that India’s MBA curriculum is flawed because of its emphasis on rote learning rather than on hands-on experience.
Now I ask you, how do you find out what IPO stands for?
... from doing crossword puzzles, that's how! I guess that's "hands on experience," eh?
I’m surrounded by them. Can’t stand them. Nobody can stand them. Seriously it takes 2 of them to equal one of us.
The Indian system is very interesting. Everybody who wants to go to school goes. Everybody graduates, even if they don’t study and do poorly in class.
However, the education, for those who are capable, is superior. No dilution.
The result is that grades and class rank, especially, are accurate and very important in assessing a candidate. A doctor from an Indian medical school could be terrible, but the valedictorian from Lady Hardinge is probably better than any Harvard graduate.
We get Indian students into our MS program in Computer Science. Only a small fraction of them are competent too.
This is why I never quake in my boots when I hear about how many STEM graduates country XXX produces vs. us. Whatever the failings of our educational system, our graduates are much better than the Third World competition.
But...... as clerks, they keep the wheels of commerce turning across the water at banks and trading companies in Dubai and Dammam
Indians are better than Chinese. Chinese are worse with English and cheating is not considered a vice in the academic pursuit.
My son took the SAT last weekend and two Chinese students in front of him were cheating.