Foreign Universities in India

The cabinet has approved the entry of Foreign Universities in India. There is increasing interest by foreign universities to engage with Indian higher education, however, the form and nature of their interests are different. There are three distinct segments of universities interested in India

• Prestige-enhancing (top-50 universities)
• Prestige-seeking (next-tier of 100 universities)
• Revenue/profit maximizing universities.

Good foreign universities coming to India will make a great difference to our education sector. Every year thousands of students apply for foreign Universities, some get through and some don’t. Applying in foreign universities is also limited by the individual’s capacity to pay. Currently, although foreign universities are allowed to conduct classes in India, they cannot grant degrees; for that Indian students have to go to the institution's origin. Imagine what greater opportunities would be available to Indian students if accredited foreign institutions offere degree programs in India to expand access to higher education to Indian students.

Graduates of accredited foreign institutes play important role in the development of India upon their return home. Imagine what if these graduates remain in India after completion of their education and they can contribute in the development of their motherland. This bill is certainly going to improve the quality of Indian education and a large number of privately held educational institutions that are not top class will be forced to shape up.

The universities will be forced to develop their ambiance, introduce better faculty and pump in more funds for their research facilities as foreign universities pay a lot to their researchers. This step will open the platform for a healthy and mindful forum. Indian educators recognize the need to bridge the gap between education and industry. The time is right to prepare graduates for tomorrow’s careers.

Whos & Whys of MBA ?

Today, MBA is probably the most sought after and most marketed degree in the world. So lets try to find out why there is so much hype and urgency for doing an MBA. Well among the various reasons most common is being an “engineer”; a breed of talented individuals with great quantitative skills, who do not want to waste their precious time writing a piece of junk code when they can make millions.. not literally.. two years after cracking CAT. Mathematically, this makes sense as one is able to maximize income in a given amount of time.

Second on the list of CAT takers is growing breed of professionals working in IT, BFSI and other sectors. For them, the reason for taking CAT may be different but the underlying cause is the same - growing dissatisfaction with the status quo. Some don’t like the thought of their MBA friends earning more than what they do, some no longer like the work they do, some do it because of the fascination with the word “Manager” and a few appear for CAT just to get away from extremely boring weekends… well for them simple advice would be – find a girlfriend :)

Then there are those who never really wanted to do engineering at first place and never found interest and passion in their branch of study. And those who were too busy enjoying the independence and freedom of college life that they completely became oblivious to the academic part of it. CAT, for them, becomes a safe and successful exit route.

There is a fourth breed too - people who do not have promising career opportunities after graduation. Sadly, for non-engineers in India the awareness about career options is not much. So they appear for CAT not by choice but due to lack of it.

This is just to illustrate how circumstances and peers affect your decisions and change your career trajectory. At www.careerinfoline.com, our aim is to provide you all the support and guidance to enable you to become the master of your destiny.