A World Class Education On A Budget


wealthymatters

A quality education gives us a head start in life and improves our capacity to earn more.A look at  the infographic to the left shows us that even acing the JEE doesn’t get us Indians to the best universities.

For that purpose we need to get to the US or the UK.Now if you manage to convince a top 10 university to have you over,you need money to pursue your education.If you are talented and work hard,apply at all the right places for scholarships and then manage to bag a few or convince the university to waive tuition,you are still going to have to come up with travel costs and some living expenses. Working abroad is an option,But be prepared for low level jobs and crazy hours to be juggled with course work.

However,the tuition fee and living expenses are not your only challenge.Embassies and High Commissions want to ensure that you are not a migration risk.So they want to see that you have substantial family ties and preferably property and businesses or well paid jobs to return to back in Indian,before they issue you a visa.

If you don’t have all these things in sufficient measure or don’t care to take crippling education loans to pursue a foreign degree,there’s still a couple of mid-way solutions.A first is to pick an Asian campus or some other country campus of these leading universities.Singapore and Dubai along with places like Cyprus and Greece are places to consider.Also over 340 institutes in India are offering courses in collaboration with foreign educational institutes.So you can do a couple of years in India and a few semesters abroad where your Indian course-work is given full credit by the foreign university.

And things are just going to get better.The government has allowed the top 400 universities worldwide as per Times Higher Education,Quacquarelli Symonds or Academic Ranking of Shanghai Jiao Tong University,to set up campuses in India without an Indian partner

N.R. Narayana Murthy


wealthymatters.comHere is an old interview of Narayana Murthy.I made it a point to read it today to try to understand the man a little better .

Generally I have such an antipathy towards the man that I tend to tune him out.I dislike hearing him talk about merit.While in theory it sounds good to reward the most meritorious the real problem lies in how that merit is to be determined.How is the merit of a chess player to be compared to that of a singer?And BTW is it more meritorious to sing operatic airs or folk songs?And are new /innovative ways better or orthodox ways more meritorious?Its not my case that incompetent people aught to be running the show but too narrow a definition of merit just tends to suppress the innate creative ability of people.And a merit based system can be pretty wasteful of talent and abilities. Read more of this post

%d bloggers like this: