Re: [MTC Global] IITians & Management today

It is acceptable, return or yield need to be around 30 times of investment,

Regards,

Dr. P H Waghodekar, PhD (Egg), IIT,KGP, IE&M, 1985,
Advisor (HR), IBS & PME (PG)
Marathwada Institute of Technology,
NH 211, Beed by pass road,
Aurangabad: 431010 (Maharashtra) INDIA.
(O) 02402375113 (M) 7276661925
E-Mail: waghodekar@rediffmail.com
Website: www.mit.asia
and
Chairman, Advisory Board, MTC Global, Bangalore.


Engineering & Management Education: An Engine of Prosperity.
Classroom teaching must match with Boardroom needs!


From: "'thanikachalam vedhathiri' via Management Teachers Consortium, Global" <join_mtc@googlegroups.com>
Sent: Sat, 01 Aug 2015 22:18:31
To: "join_mtc@googlegroups.com" <join_mtc@googlegroups.com>
Subject: Re: [MTC Global] IITians & Management today

There is a need for in-depth study on the impact made by all centrally funded institutes in India which will provide an authentic information. Any  investment made in higher education would yield around 30 times return on investment. Such impact studies are essential for further investment by the government.

Thanikachalam.V

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From: Mr. Govind Autee <govind.autee@mit.asia>
To: "join_mtc@googlegroups.com" <join_mtc@googlegroups.com>
Sent: Saturday, 1 August 2015 3:40 PM
Subject: Re: [MTC Global] IITians & Management today

Dear Sirs,

Prof. Ramesh Vemuganti ji has indeed pin pointed the issue.

• What best can we do, as an Indian, to own the mission and organize aggressively towards the national efforts to evolve ourselves in to the next economic super power?
• We may have to relentlessly meditate to this question to seek and explore solutions to our own satisfaction.

Warm regards,

G.S.Autee

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From: join_mtc@googlegroups.com <join_mtc@googlegroups.com> on behalf of Ramesh Vemuganti <vemugantiramesh@gmail.com>
Sent: Saturday, August 1, 2015 1:38 PM
To: join_mtc
Subject: [MTC Global] IITians & Management today

 

Dear Colleagues                                                                                                                       1/8/15

Sometime ago we had a discussion on the contribution of IITians to the nation.

I am stating some facts below , which make it clear & proves that India will make rapid strides "if we just leave them alone & they keep doing what they are enagaged in ; they know what India needs & are fulfilling it".

Let us shift our focus on to the 1000 plus issues & challenges which Management education is confronting, organizations are facing in terms of contemporary leadership & best practices in Management per se - in India.

regards

Ramesh Vemuganti

What should every Indian know about IIT?

Himanshu Kumar, hakuna matata

Upvoted by Siddharth Batra, Computer Science Graduate, IIT Delhi; IIM Ahmedabad PGDM 20…

Myth Busters

Someone said that IITians fly abroad and hence waste Government's money (what you pay as tax) and got 4ooo upvotes and still counting. But I think my friend really needs to think about his/her answer. (No hard feelings)

Here are a few things that most people don't know :

1. Most IIT graduates go abroad : False. Overall 63% of alumni and after 2001, 70% of alumni stay in India. Of those who go abroad, about 35% return to India. Thus, the accusations that most IITians go abroad is false.
2. A small number graduate in their core field : False. 67% alumni pursue further education at some point in their life and out of those 61% pursue it in their core field.
3. IITians going abroad are more successful : False. In PPP terms, of the total incremental revenue IITians are responsible for, 78% comes from IITians in India.
   
4. IITs are a loss making investment for the government False. IIT alumni have helped generate 15-19 million jobs i.e. an average of 100 jobs created per IIT alumnus. (out of these 71% jobs were created in India). Also considering that IITians are associated with an incremental Revenue of $240 billion a year out of which 78% is in India and the best figures of the money spent by the government of India on IITs is less than $1 billion, we can safely say that IITians are returning more.

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Last but the most important point.

IITians treat non-IITians as second class people :

NO, they just don't believe me you could go out asking all the iitians if they treat non-iitians as second class people and they will all give you that "dude, are you serious ?" look.

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Source : You can find all the details in this report by IIT Kanpur
http://www.iitk.ac.in/new/data/F...

Every one rupee invested in an IIT has had an economic impact of Rs 15 and each IIT graduate meant 100 new jobs. Refer the following link.
IITians' contribution to economy is Rs 20 lakh crore: Study - The Times of India

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