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55 Things That Make India Proud Copyright © 2002 Living Media India Ltd. All Rights Reserved. http://www.indiatoday.com/itoday/20020819/cover.shtml Excerpts from article ... full text available from India Today on the newsstand. IITS
To hear an IIT-ian talk, you would be forgiven for thinking that such gibberish couldn't possibly account for active grey matter. But those hardcore arbit guys from the Indian Institutes of Technology, have done jhin-chak stuff to do a negation number on sceptics. The seven IITs-the first set up in 1951 in Kharagpur and the others in Chennai, Mumbai, Delhi, Kanpur, Guwahati and Roorkee-were conceived by the late prime minister Jawaharlal Nehru. Today gaining admission is itself an achievement here. The elite techie boot camps produce fewer than 2,000 graduates a year-2,500 are admitted from an aspiring one lakh-that organisations in India and abroad gratefully accept into their folds. Among the IIT alumni's internationally known names are Victor Menezes, managing director, Citibank NA; Rajat Gupta, managing director, McKinsey & Co; Vinod Khosla, partner, Kleiner Perkins and co-founder of Sun Microsystems; Arun N. Netravali, president, research, AT&T Bell Laboratories; N.R. Narayana Murthy, chairman, Infosys Technologies Ltd ... The list is growing. ... ... ... IIMs
It's official. The Indian Institute of Management, Ahmedabad, is the toughest management school in the world to get into, ahead of Harvard Business School, Columbia University, Spain's Instituto de Empressa and France's Insead, according to a survey by The Economist. There's more. In terms of course content, it comes in fifth after Yale, Harvard, IE and Paris' Haute Etudes Commerciales. Established with the idea of equipping a fledgling India with good managers, there are now six IIMs-IIM-A in 1963 was followed by those in Kolkata, Bangalore, Lucknow, Indore and Kozhikode. The IIM graduates have gone on to prove their mettle in leading India Inc and fairly impressive niche of World Inc. Sunil Alagh, managing director of Britannia, M.S. Banga, chairman, Hindustan Lever Ltd, and Sanjay Kumar, CEO of global major Computer Associates, have all passed through the IIM portals. The list goes on and so does IIMs' tradition of helping management trainees to become powerhouse managers. Even in times of crisis in the global job markets, the McKinseys, JP Morgans and AT Kearneys of the world flock to recruit youngsters from the IIM campuses. They clock an average pay of Rs 21 lakh a year-a little less than half the starting average for graduates of Harvard, Yale, Columbia and Stanford. But you will agree that it's hardly shabby. ... ... ... |
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