The more you think, the less you know and the less you know the more you get confused. More than once in the past I have written on my Blog about my feelings towards the formal education. It won't be wrong to say that my opinions reflected it as a necessary evil. Something without which you can't survive but at the same time, it is messing up with your mind.

A few things I have read in the newspapers makes me thing differently too. I am sure you are aware of the obscene amount of money that is being offered to the B-school grads. On an unrelated note when I heard the term B-school the picture that came to mind was the schools that were not good enough to make the "a" list. Anyway, now I am smarter then I was then, even if it is true only about my definition of B-school.

So I was saying that there is a huge amount of money being paid to them which corresponds to the boom in sectors like retail, insurance, investments etc. You have these guys who depended on the pocket money their dads gave them one day and the very next day they are the "lakhpatis" who are thinking about buying a Honda City and taking an apartment in Juhu or Bandra or some such place in their city.

The offers that come are not only from Indian companies, there are a lot of foreign companies that are luring the Indian kids. The offers are not coming from countries with poor education facilities but countries that have all some of the best universities in the world. Now what inspires them to hire people from India and not from their own universities? You can say the "quantity" is one reason and I will have to agree with you. There are a billion people in the country and finding B-school grads so finding a B school grad here would be much easier. Besides I am sure the per capita B-school grads ratio in India definitely would be much higher than those countries.

Now Quantity can't be the only reason, there has t be quality issues too. There are people, not just in India, who think that Indian B school grads are better than those of most other places. So on one hand you have a fucked up education system that has not changed much in the 60 years of independence and on the other hand you have HR managers from all countries queuing up outside our B schools (Just imagine the scene outside the A schools). I certainly am not able to figure out how both the things are possible.

Then I think about it a little more and thought about where else our country is exporting human resources. The other two major areas are the software industry and the BPO. BPO can be discounted since those jobs are coming to India because of cost factors. Software industry seems like the only other major contributor and it is not only because of jobs coming to Indian companies because of cost factors but also a lot of Indian engineers employed in America and Europe. SO what this tells is that our education system is optimized for software engineers and MBAs or in other words jobs where the skills required are analytical.