India's lost generation: A systemic risk? - YAHOO NEWS (Ache Din arahay hain :)

modern.fakir

Chief Minister (5k+ posts)
India's lost generation: A systemic risk?

By Neerja JetleySeptember 17, 2014 6:31 PM










.View photo

Saumya Khandelwa | Hindustan Times | Getty Images



Singaporean Thomas Ong, a director at a local private equity firm, recently got invited as a guest lecturer at a private college in Jaipur, India. "I had heard stories about India's young people with 'excellent academic and English speaking skills' but what I encountered was the complete opposite," he said.



Not one student in a class of 100 has ever heard of Bill Gates or Warren Buffet. Most students could not understand, let alone speak fluent English. "The only question they had at the end the lecture was how to find a job at home or abroad," Ong said.

His account is anecdotal evidence of what human resource experts, corporate leaders and countless surveys have been highlighting over the past few years - that despite India's huge talent pool of graduates, few are equipped with skills to be gainfully employed.
Read More Can India offer an Ivy League education?

According to a survey conducted by Aspiring Minds, an entrepreneurial initiative in preparing youth for employability, as many as 83 percent of graduating engineers in 2013 could not find jobs, given their poor English language and cognitive skills.

In fact, only 2.6 percent of graduates in India were recruited in functional roles like accounting, 15.9 percent in sales-related roles and 21.3 percent in the business process outsourcing sector. "Nearly 47 percent of Indian graduates are unemployable in any sector, irrespective of their academic degrees," noted Varun Aggarwal, co-founder and COO of Aspiring Minds.
The statistics run counter to the perception that India's relatively youthful population could help reap demographic dividends for the country down the line.

Read More India's growth speeds up in after-glow of Modi's triumph

In 2020, the average Indian will be only 29 years old, compared to 37 in China and the U.S., 45 in West Europe and 48 in Japan, according to India's Ministry of Labor and Employment. By 2030, India's 1.5 billion population will have 68 percent men and women in the working age of 15-68, compared with 65 percent today.

Theoretically, a nation with young demographic has lower dependency ratio, which leads to increased consumption that can be channeled into higher investment and therefore growth.
For India however, the reality on the ground couldn't be more different. "It is not unusual to see graduates employed as security guards, driver or waiters in restaurants, given the poor standards of education. So what demographic dividend are we talking of? The generation coming of age in the 1920s faces the greatest underemployment ever in history," said Anil Sachdev, a human resources specialist and career coach.

Read More Are China-India ties entering a new chapter?

The fault appears to lie in the dismal education standards in India. As little as 10- 12 percent of the 15-29 year-old age group in India receives any formal or informal training compared with to 28 percent in Mexico or 96 percent in South Korea.

For tertiary education, none of the 42 central universities in India feature in the most recent QS list of best 200 colleges in the world. In the rankings of the best MBA schools by the Financial Times, the prestigious Indian School of Business has fallen six places to the 36th spot this year and Indian names are conspicuously missing in the top 25 places.

Analysts say a lack of occupational focus in the degrees offered by local universities could be partly to blame. Some 82 percent of the enrolment is in arts, sciences and commerce programs rather than specific skill-based courses. Even among the engineering and management colleges, less than 25 percent can apply theoretical knowledge to functional areas, given the emphasis on rote learning and theory in the education system, says Aggarwal. The situation progressively deteriorates moving into the tier 2-3 towns from the metros.

Read More With eye on China, Modi's India to develop disputed border region

"Excessive government regulation, outmoded curricula and a drop in the standards of teaching have led to a deterioration in the standards of education so much so that India's demographic dividend may well turn out to be a demographic disaster," said Pramath Sinha, co-founder of the new-age Ashoka University and ex-dean of Indian School of Business, the country's first public private initiative to bridge jobs and employability gap.

Systemic risk?

According to the World Economic Forum's 2014 Global Risk Report, high youth unemployability raises the risk of social instability and hampers economic growth. Analysts fear this is playing out in India.

The planning commission has estimated that the country needs 500 million skilled laborers in the next 5-7 years to support economic expansion, compared with the current capacity of 3.1 million.

Read More Focus on Rape in India Ignores Gender Violence as a Global Tragedy

It's a mind-boggling ambition, India watchers say, given that most state governments do not have the budget, will or capabilities to build the required education infrastructure. Private initiatives, meanwhile, are stymied by archaic socialist laws that ordain that education be a 'not-for-profit' activity. While colleges have mushroomed in the country, the learning outcomes are so poor that they have developed an infamous reputation for being ill-respected teaching shops that dispense degrees on the tap.

"It is the biggest scam in history where political money has found its way into institutions of higher learning. While world over the government's role is focused on learning outcomes, in India the focus is on political controls in the name of 'not-for- profit. Urgent education reforms is the need of the hour," said Sachdev.

The poor education standards are recipes for social problems as incidents of crime escalate, added Sinha.

"The consequences could be huge if no action is taken. Already we are seeing an increase in violence, rape and crime in states like Uttar Pradesh and Bihar. If more than two-thirds of the youth don't realize their economic potential, how can a nation achieve its growth targets? Trouble is no one seems to be paying heed," he said.


http://finance.yahoo.com/news/indias-lost-generation-systemic-risk-223155178.html

 

modern.fakir

Chief Minister (5k+ posts)
We have been crying all along that India's newer generation has been misled into believeing in a utopia that doesnt exist based on some ill-concieved theories.

Be it the ZERO syndrome or 83 % of India's engineers who can't find work the reality is now setting in with the world opening their eyes to the reality.

This is also a moment of introspection for us to find ways of improving the education system in India to ensure that we dont face a demographic disaster.

Too many souls are being misled at this point !:)
 

modern.fakir

Chief Minister (5k+ posts)
Lets also hope that this education episode doesnt become the 100 billion dollar chinese investment pill which was fat to swallow at first and then came out to be a 20 billion injection in the rear [hilar][hilar][hilar]
 

chandbibi

Minister (2k+ posts)
As usual your education shows through in the fact that other than jealousy and hatred you have no other motivation behind posting inane threads. It is getting tiring to be here on behalf of my country all the time to defend the views of a certified moron. Do you think that India is unique in this? There are education standards which need to be reached in India, but the starting point begins with educating more and more people. Fluency in english is a plus but not necessarily something that would put the average Indian in to the race for world supremacy. There are many other factors which contribute towards excellence in education. When a country is struggling to make resources available to its teeming youth population the focus is often on quantity rather than quality. The teachers are also not up to the mark having come from the same sub-standard education system. Will this change overnight? No. But the awareness is there and the will to create a benchmark. We will get there someday. Before we do that our immediate goal is to reach 100% literacy for each and every Indian. The bright and brilliant Indians are already forging ahead and are today considered better than the best in the world. That quality comes through regardless of the circumstances. Nobody gives up striving for excellence despite facing obstacles. Unemployability is not just because of the people, the country has to create job opportunities too. This situation can be seen in the most advanced economy of the world USA too. They have school drop-outs and most are facing unemployability issues. Read this article which also talks about the same problems faced by Chinese graduates. The fact remains that India and China with their huge populations will benefit from the population dividend at some point in the next twenty to twenty five years. How effective that population dividend is remains to be seen.

Improving rankings for Chinese universities

July 13, 2013 by Vaughan Winterbottom
Shanghai Jiaotong University will release its 2013 Academic Ranking of World Universities (ARWU) next month. Expect Chinese universities to make a strong showing. On last year’s list, China had 42 institutions in the top 500, four more than the UK. The US continued to dominate, with eight of the top ten spots and 150 universities in the top 500.



Whatever one’s take on the validity of such rankings, it is clear that the quality of Chinese higher education has improved remarkably over the past two decades. A decade ago roughly one million college students graduated per year. In 2013 there will be 6.99m new graduates – 190,000 more than last year, according to a recent statement from the State Council. The numbers have shot up so quickly, in fact, that graduates are among the most unemployed sectors of the workforce.
Despite unemployment concerns, the government is thinking long-term as it continues to expand access to higher education. In 1990 a mere three to four percent of Chinese school leavers went to university. Today the figure is 27%, and the government is aiming for 40% by 2020.
Projects 211 and 985
Public expenditure on higher education has increased dramatically, especially for top institutions. At the end of the 1990s the government initiated ‘Project 211,’ which has seen 100 universities receive $2.8bn in funding for facilities. ‘Project 985,’ launched around the same time, sought to create world-class universities out of a dozen-odd institutions. Peking University alone received $360 million. The C9 league, China’s answer to America’s Ivy League, was founded in 2009; the schools received $270m each. And in May the government unveiled plans to inject $1.62bn between 2012 and 2015 into 100 universities in central and west China.
China has been keen to learn from foreign institutions – and particularly those in the US – as its universities aspire to improve. Shanghai’s Fudan University was a trailblazer when it established a collegiate system in 2005. According to one academic familiar with the founding, the college consciously borrowed from Oxford, Cambridge, Harvard, and especially Yale.Attracting top foreign academics and students is a key priority. Peking University’s International Office, for instance, has a stipend program that pays foreign scholars upwards of RMB 20,000 per month, plus perks, under one condition: that they become graduates of one of the top 100 universities in the world.
The country scored a major coup in April when American private equity billionaire Steve Schwarzman announced a $300m scholarship fund for “future leaders” – mostly from the US – to study at Tsinghua University in Beijing. Touted as the ‘Rhodes Scholarship of Asia,’ Mr. Schwarzman admitted the scholarship was originally proposed by Tsinghua.Western-style philanthropic support for universities is also growing. Last year Cao Dewang, China’s most generous philanthropist according to the Hurun Report, gave $32m to build a business school for his alma mater, Xiamen University. Rupert Hoogewerf, chairman and chief researcher at Hurun said, “Donating to education – particularly back to the universities they studied at – is far and away the most popular cause for charitable donations for Chinese entrepreneurs.”
Thanks to better funding and strengthening international collaboration, China’s top universities will likely keep edging up the global university pecking order. That being said, it will be a long, long time before China possesses a higher education system that even comes close to rivaling the US’s in terms of quality of research output and teaching, financial resources, preparing students for the workforce and – let’s not forget – academic freedom.
Today China spends around $300 billion on public education annually, placing it second only to defence spending in the national budget. Private expenditure adds another $180bn.
The US currently spends $980bn, over twice as much as China. And American universities spend $30,000 annually on each student, more than six times the amount in China ($4,500), according to the OECD.
At the top of the education pyramid, the differences are just as marked. Research by the Boston Consulting Group reveals that the US has nearly three times as many graduate students as China. The authors also point out that China has 1,071 scientists engaged in R&D per million people; the U.S. has 4,663.
At the top of the top, Peking University has received nearly $500m to invest in physical plant over the past 15 years. But this pales in comparison to Harvard’s $32bn endowment. Harvard’s physical plant has also grown by 53% over the last decade, while students there pay on average 25 times the amount students at PKU hand over.
There is still some worry in the US that the country is losing out to China in the race to produce qualified engineers. But these concerns seem unfounded. The US graduates 70,000 engineers a year. China says it graduates over 600,000, but this figure is vastly inflated. It includes, for instance, graduates of computer sciences and IT, as well as those who complete sub-baccalaureate degrees.
Meanwhile the World Economic Forum estimates 81% of US engineering graduates are immediately employable; McKinsey puts the same figure in China at 10%. The findings are backed up by foreign engineers working in China. “Graduates in China are fine technically. They can use modelling software, but they have issues then interpreting the results and seeing ‘the big picture.’ It’s not a problem we have with graduates from the West,” says a Beijing-based engineering manager at Alstom, an energy and transport multinational.
Some worry the overemphasis on ‘catching up’ in international rankings is actually retarding improvements in Chinese higher education.“Focus on ratings has adversely affected faculties. Universities will spend a lot of money on attracting one or two outstanding researchers to a faculty, who spend all their time publishing in citation index journals. The ones that do the teaching are often far less accomplished. For students, it’s far from ideal,” says Yu Zhixiang, a prize-winning organic chemistry researcher at Peking University.
Yu sees a number of other challenges facing Chinese higher education, among them an overemphasis on the results of high-school examinations, plagiarism and the failure of the system to foster creativity. “But perhaps the most serious from a research perspective is perverse incentives for faculty,” says Yu. “In China aspiring academics often gain tenure soon after receiving their doctorate.
From there, the pressure is off: it’s very hard to fire them, and many drop the ball on research. In the US and other countries it takes academics decades to gain tenure, and that’s usually when they do their best work.”
One solution to this problem could be a freer market for research talent at private universities. Private institutions as a whole now account for almost 20% of total enrollment in higher education, according to a 2010 study by the Center for International Higher Education. At present they focus on undergraduate and career-specific education, but Yu says that could change.
Both public and private universities in university face at least one problem in common – lack of academic freedom. It’s an open secret that theses written at Chinese Universities must adhere to Communist Party thinking. But it is still jarring when foreign researchers and students – ostensibly helping to improve the country’s higher education by proxy – buff up against censorship, blacklisting and suspicion.
In some respects Chinese universities don’t seem to have improved much at all. In a recent opinion piece in the South China Morning Post, Nick Compton, a former student at Tsinghua’s Global Journalism Institute, recalled how an associate dean warned potential spies to drop out of his course as it was getting underway. In person, Compton said the dean was “deadly serious,” and that “Tsinghua’s internal firewall makes the countrywide firewall seem like a model of internet openness.”

- See more at: http://china-outlook.net/improving-rankings-for-chinese-universities/#sthash.4f9PWaj7.dpuf
 
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chandbibi

Minister (2k+ posts)
The status of unemployability isn't just because people are unemployable. There just aren't suitable jobs available for everybody. Here goes the story in the most advanced economy of the world.

Recent U.S. college graduates disillusioned, more than 40% unemployed: poll

Today's students graduate from college with heavy debts, and many aren't reaping the benefits of that education — a poll shows recent grads often find jobs that don't require a college degree. More than 40% are unemployed, and 16% are in part-time positions.

REUTERS
Tuesday, April 30, 2013



usa.jpg
BRIAN SNYDER / REUTERS/REUTERS
Last year’s graduation ceremony at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts.


More than 40 percent of recent U.S. college graduates are underemployed or need more training to get on a career track, a poll released on Tuesday showed.

The online survey of 1,050 workers who finished school in the past two years and 1,010 who will receive their degree in 2013 also found that many graduates, some heavily in debt because of the cost of their education, say they are in jobs that do not require a college degree.
Thirty-four percent said they had student loans of $30,000 or less, while 17 percent owed between $30,000 to $50,000.
"For our nation's youngest workers, as well as for the workforce at large, there is a real need for employers to reexamine how they hire, train and develop their employees," said Katherine Lavelle, of the global management consulting firm Accenture, which conducted the survey.
Nearly half, 42 percent, of recent graduates expect they will need an advanced degree to further their career and almost a quarter are already planning to take graduate courses.
More than half of graduates said it was difficult finding a job, but 39 percent were employed by the time they left college. Sixty eight percent said they are working full time, while 16 percent are in part-time positions.
The top industries that graduates wanted to work in were education, media and entertainment and healthcare.
Just over half, 53 percent, of graduates found full-time jobs in their field of study.
In addition to being underemployed many graduates thought they would have done better in the job market if they had studied a different major, and more than half also intended to go back to school within the next five years.
The survey uncovered a gap between what students expect to earn in their first job and their actual salary. Only 15 percent of this year's graduates think they will earn less than $25,000 but a third of recent graduates said they make that amount or less.

http://www.nydailynews.com/news/nat...sillusioned-unemployed-poll-article-1.1331346

 

modern.fakir

Chief Minister (5k+ posts)
As usual in your bravado you fail to shoot the message but rather critizise the messenger !....Im not the owner of Yahoo.com and i certainly didnt write the article above !:biggthumpup:

So if the whole world can read and comment on this article then I'm only a person making the truth available to the people of Pakistan so that they can see the lies and save themselves, unlike the singaporean who got tricked into thinking he's going to some education utopia.

So you can accuse the writer, Yahoo and everyone else of housing hatred as is usual with your kind up here [hilar][hilar]

I understand you being emotional and ranting about stuff that is irrelevant but you have failed to articulate from the article in between "picking" up non existant hatred and your urge to flatly lie to not recognise the issue at hand. So, its not about where india is right now of where it will be but rather how it projects itself is the main cause of concern because the world loses due to perpetrated LIES !


Singaporean Thomas Ong, a director at a local private equity firm, recently got invited as a guest lecturer at a private college in Jaipur, India. "I had heard stories about India's young people with 'excellent academic and English speaking skills' but what I encountered was the complete opposite," he said.

The issue is akin to the "china investing 100 billion investment mantra" only to be fizzled out for "20 billion" scenario [hilar][hilar]

Also, the points you present are largely LUDICROUS because the reason why your graduates are not employable are not because of a lack of jobs = But rather a lack of skills !!

In advanced economies the case is the opposite and those qualified people in the US, UK and elsewhere are not suffering due to lack of skills but due to jobs being moved to overseas where they can get "CHEAP BUT UNSKILLED LABOUR" - and that trend is reversing too now !

So you are not comparing apples to apples in any comparison because Indians themselves pay thousands of dollars to get educated in western universities, the ones up here you are claiming to produce graduates who cant work !

Yes, maybe if info sys and other IT companies dont rob jobs from those guys and give them to unqualified people then MAYBE these folks can actually work !:biggthumpup:

The fact that NOT ONE INDIAN University fares in anything close to a western university rankings speaks volumes for the myraid of educational issues India faces !

This is what this article is talking about but i guess i can tell when im speaking to an Indian graduate when i get a non-coherent response to a very valid article (bigsmile)

As usual your education shows through in the fact that other than jealousy and hatred you have no other motivation behind posting inane threads. It is getting tiring to be here on behalf of my country all the time to defend the views of a certified moron. Do you think that India is unique in this? There are education standards which need to be reached in India, but the starting point begins with educating more and more people. Fluency in english is a plus but not necessarily something that would put the average Indian in to the race for world supremacy. There are many other factors which contribute towards excellence in education. When a country is struggling to make resources available to its teeming youth population the focus is often on quantity rather than quality. The teachers are also not up to the mark having come from the same sub-standard education system. Will this change overnight? No. But the awareness is there and the will to create a benchmark. We will get there someday. Before we do that our immediate goal is to reach 100% literacy for each and every Indian. The bright and brilliant Indians are already forging ahead and are today considered better than the best in the world. That quality comes through regardless of the circumstances. Nobody gives up striving for excellence despite facing obstacles. Unemployability is not just because of the people, the country has to create job opportunities too. This situation can be seen in the most advanced economy of the world USA too. They have school drop-outs and most are facing unemployability issues. Read this article which also talks about the same problems faced by Chinese graduates. The fact remains that India and China with their huge populations will benefit from the population dividend at some point in the next twenty to twenty five years. How effective that population dividend is remains to be seen.

Improving rankings for Chinese universities

July 13, 2013 by Vaughan Winterbottom
Shanghai Jiaotong University will release its 2013 Academic Ranking of World Universities (ARWU) next month. Expect Chinese universities to make a strong showing. On last year’s list, China had 42 institutions in the top 500, four more than the UK. The US continued to dominate, with eight of the top ten spots and 150 universities in the top 500.



Whatever one’s take on the validity of such rankings, it is clear that the quality of Chinese higher education has improved remarkably over the past two decades. A decade ago roughly one million college students graduated per year. In 2013 there will be 6.99m new graduates – 190,000 more than last year, according to a recent statement from the State Council. The numbers have shot up so quickly, in fact, that graduates are among the most unemployed sectors of the workforce.
Despite unemployment concerns, the government is thinking long-term as it continues to expand access to higher education. In 1990 a mere three to four percent of Chinese school leavers went to university. Today the figure is 27%, and the government is aiming for 40% by 2020.
Projects 211 and 985
Public expenditure on higher education has increased dramatically, especially for top institutions. At the end of the 1990s the government initiated ‘Project 211,’ which has seen 100 universities receive $2.8bn in funding for facilities. ‘Project 985,’ launched around the same time, sought to create world-class universities out of a dozen-odd institutions. Peking University alone received $360 million. The C9 league, China’s answer to America’s Ivy League, was founded in 2009; the schools received $270m each. And in May the government unveiled plans to inject $1.62bn between 2012 and 2015 into 100 universities in central and west China.
China has been keen to learn from foreign institutions – and particularly those in the US – as its universities aspire to improve. Shanghai’s Fudan University was a trailblazer when it established a collegiate system in 2005. According to one academic familiar with the founding, the college consciously borrowed from Oxford, Cambridge, Harvard, and especially Yale.Attracting top foreign academics and students is a key priority. Peking University’s International Office, for instance, has a stipend program that pays foreign scholars upwards of RMB 20,000 per month, plus perks, under one condition: that they become graduates of one of the top 100 universities in the world.
The country scored a major coup in April when American private equity billionaire Steve Schwarzman announced a $300m scholarship fund for “future leaders” – mostly from the US – to study at Tsinghua University in Beijing. Touted as the ‘Rhodes Scholarship of Asia,’ Mr. Schwarzman admitted the scholarship was originally proposed by Tsinghua.Western-style philanthropic support for universities is also growing. Last year Cao Dewang, China’s most generous philanthropist according to the Hurun Report, gave $32m to build a business school for his alma mater, Xiamen University. Rupert Hoogewerf, chairman and chief researcher at Hurun said, “Donating to education – particularly back to the universities they studied at – is far and away the most popular cause for charitable donations for Chinese entrepreneurs.”
Thanks to better funding and strengthening international collaboration, China’s top universities will likely keep edging up the global university pecking order. That being said, it will be a long, long time before China possesses a higher education system that even comes close to rivaling the US’s in terms of quality of research output and teaching, financial resources, preparing students for the workforce and – let’s not forget – academic freedom.
Today China spends around $300 billion on public education annually, placing it second only to defence spending in the national budget. Private expenditure adds another $180bn.
The US currently spends $980bn, over twice as much as China. And American universities spend $30,000 annually on each student, more than six times the amount in China ($4,500), according to the OECD.
At the top of the education pyramid, the differences are just as marked. Research by the Boston Consulting Group reveals that the US has nearly three times as many graduate students as China. The authors also point out that China has 1,071 scientists engaged in R&D per million people; the U.S. has 4,663.
At the top of the top, Peking University has received nearly $500m to invest in physical plant over the past 15 years. But this pales in comparison to Harvard’s $32bn endowment. Harvard’s physical plant has also grown by 53% over the last decade, while students there pay on average 25 times the amount students at PKU hand over.
There is still some worry in the US that the country is losing out to China in the race to produce qualified engineers. But these concerns seem unfounded. The US graduates 70,000 engineers a year. China says it graduates over 600,000, but this figure is vastly inflated. It includes, for instance, graduates of computer sciences and IT, as well as those who complete sub-baccalaureate degrees.
Meanwhile the World Economic Forum estimates 81% of US engineering graduates are immediately employable; McKinsey puts the same figure in China at 10%. The findings are backed up by foreign engineers working in China. “Graduates in China are fine technically. They can use modelling software, but they have issues then interpreting the results and seeing ‘the big picture.’ It’s not a problem we have with graduates from the West,” says a Beijing-based engineering manager at Alstom, an energy and transport multinational.
Some worry the overemphasis on ‘catching up’ in international rankings is actually retarding improvements in Chinese higher education.“Focus on ratings has adversely affected faculties. Universities will spend a lot of money on attracting one or two outstanding researchers to a faculty, who spend all their time publishing in citation index journals. The ones that do the teaching are often far less accomplished. For students, it’s far from ideal,” says Yu Zhixiang, a prize-winning organic chemistry researcher at Peking University.
Yu sees a number of other challenges facing Chinese higher education, among them an overemphasis on the results of high-school examinations, plagiarism and the failure of the system to foster creativity. “But perhaps the most serious from a research perspective is perverse incentives for faculty,” says Yu. “In China aspiring academics often gain tenure soon after receiving their doctorate.
From there, the pressure is off: it’s very hard to fire them, and many drop the ball on research. In the US and other countries it takes academics decades to gain tenure, and that’s usually when they do their best work.”
One solution to this problem could be a freer market for research talent at private universities. Private institutions as a whole now account for almost 20% of total enrollment in higher education, according to a 2010 study by the Center for International Higher Education. At present they focus on undergraduate and career-specific education, but Yu says that could change.
Both public and private universities in university face at least one problem in common – lack of academic freedom. It’s an open secret that theses written at Chinese Universities must adhere to Communist Party thinking. But it is still jarring when foreign researchers and students – ostensibly helping to improve the country’s higher education by proxy – buff up against censorship, blacklisting and suspicion.
In some respects Chinese universities don’t seem to have improved much at all. In a recent opinion piece in the South China Morning Post, Nick Compton, a former student at Tsinghua’s Global Journalism Institute, recalled how an associate dean warned potential spies to drop out of his course as it was getting underway. In person, Compton said the dean was “deadly serious,” and that “Tsinghua’s internal firewall makes the countrywide firewall seem like a model of internet openness.”

- See more at: http://china-outlook.net/improving-rankings-for-chinese-universities/#sthash.4f9PWaj7.dpuf
 

modern.fakir

Chief Minister (5k+ posts)
This doesnt apply in India's case as the US has a WORLD CLASS education system which NEVER HAD and will probably take a long time to develop if they ever get off their fake high horse !

Secondly, the jobs for these graduates are being transported to cheaper destinations in countries where the education standards are not at par with the US, in INdia thats not the case !

THE US has had the lowest unemployment rate for any modern in the longest time for the 90's and well into the early 2000's as well. India has come no where near that either.

So please start comparing apples to apples and always remember that "100 billion in chinese aid didnt come in - they only promised 20 billion if you meet certain standards" [hilar][hilar]



The status of unemployability isn't just because people are unemployable. There just aren't suitable jobs available for everybody. Here goes the story in the most advanced economy of the world.

Recent U.S. college graduates disillusioned, more than 40% unemployed: poll

Today's students graduate from college with heavy debts, and many aren't reaping the benefits of that education — a poll shows recent grads often find jobs that don't require a college degree. More than 40% are unemployed, and 16% are in part-time positions.

REUTERS
Tuesday, April 30, 2013



usa.jpg
BRIAN SNYDER / REUTERS/REUTERS
Last year’s graduation ceremony at the John F. Kennedy School of Government at Harvard University in Cambridge, Massachusetts.


More than 40 percent of recent U.S. college graduates are underemployed or need more training to get on a career track, a poll released on Tuesday showed.

The online survey of 1,050 workers who finished school in the past two years and 1,010 who will receive their degree in 2013 also found that many graduates, some heavily in debt because of the cost of their education, say they are in jobs that do not require a college degree.
Thirty-four percent said they had student loans of $30,000 or less, while 17 percent owed between $30,000 to $50,000.
"For our nation's youngest workers, as well as for the workforce at large, there is a real need for employers to reexamine how they hire, train and develop their employees," said Katherine Lavelle, of the global management consulting firm Accenture, which conducted the survey.
Nearly half, 42 percent, of recent graduates expect they will need an advanced degree to further their career and almost a quarter are already planning to take graduate courses.
More than half of graduates said it was difficult finding a job, but 39 percent were employed by the time they left college. Sixty eight percent said they are working full time, while 16 percent are in part-time positions.
The top industries that graduates wanted to work in were education, media and entertainment and healthcare.
Just over half, 53 percent, of graduates found full-time jobs in their field of study.
In addition to being underemployed many graduates thought they would have done better in the job market if they had studied a different major, and more than half also intended to go back to school within the next five years.
The survey uncovered a gap between what students expect to earn in their first job and their actual salary. Only 15 percent of this year's graduates think they will earn less than $25,000 but a third of recent graduates said they make that amount or less.

http://www.nydailynews.com/news/nat...sillusioned-unemployed-poll-article-1.1331346

 

chandbibi

Minister (2k+ posts)
As usual in your bravado you fail to shoot the message but rather critizise the messenger !....Im not the owner of Yahoo.com and i certainly didnt write the article above !:biggthumpup:
Thank god you are not the owner of yahoo. It would have closed down long ago due to your idiotic ranting.

So if the whole world can read and comment on this article then I'm only a person making the truth available to the people of Pakistan so that they can see the lies and save themselves, unlike the singaporean who got tricked into thinking he's going to some education utopia.
This article is not written for the whole world. It is written from a single view-point that to focus on the weakness in the students. However it fails to highlight the fact that not everybody is a genius. At the end of the day every skill doesn't have a market and not everybody has what it takes to grab jobs that are few and far between. If you read between the lines of both the articles that i have posted, it exposes the fact that no matter what your education you are never quite good enough. I have always maintained that only 10% of the population of any country is in the genius category or pertains to the people who would be pursued and absorbed by any industry or organization. Its no rocket science that these people are employable. However the rest are fighting in a very limited space. At the end of the day it is the survival of the fittest. Now tell me why is US allowing so many tech engineers from India on H1B visas? That country has some of the top most universities in the world. They have top notch educational institutions. Why then do they rely on andhraites and tamilians from India? According to the article on China, engineers from the US are highly employable. Then also they do not fulfil the requirements of the US tech companies. Therefore can we start blaming their education system for rendering them unemployable in the US? The article on China also highlights that the chinese engineers are found lacking. Read the below again. I know you don't read anything in entirety. Superficial knowledge fakir is very dangerous.

Meanwhile the World Economic Forum estimates 81% of US engineering graduates are immediately employable; McKinsey puts the same figure in China at 10%. The findings are backed up by foreign engineers working in China. “Graduates in China are fine technically. They can use modelling software, but they have issues then interpreting the results and seeing ‘the big picture.’ It’s not a problem we have with graduates from the West,” says a Beijing-based engineering manager at Alstom, an energy and transport multinational.


The rankings race never fulfilled the needs of developed countries when crisis hit them. Who came to their aid were Indian techies. The article highlights the perils of running after rankings too. Read on.Some worry the overemphasis on ‘catching up’ in international rankings is actually retarding improvements in Chinese higher education.“Focus on ratings has adversely affected faculties. Universities will spend a lot of money on attracting one or two outstanding researchers to a faculty, who spend all their time publishing in citation index journals. The ones that do the teaching are often far less accomplished. For students, it’s far from ideal,”

The rest of your post is incoherent rhetoric which has no logic. You need to re-train your brain to focus and come up with some train of thought that has a sequence.



 
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modern.fakir

Chief Minister (5k+ posts)
We know your hatred knows no bounds so you will leave no stone unturned in denying the truth.

You have again deliberately dodged the topic to escape reality and you know i will take you to task for it. :biggthumpup:

Can you tell me where is the article discussing the 10 % geniuses of the world ??...Like are you crazy ??[hilar][hilar]

They are discussing a SKILLS GAP resulting from a failed education SYSTEM. IN this case even if I get a "10 % genius" to pass through this system the result will only be a MORONIC GENIUS [hilar] ....and nothing else !

Your argument is a laughing testament to your illogical stupidity just like the 80 billion chinese joke that you have now become [hilar][hilar]

The US allows H-1B visas to compensate for the lack of technical graduates as its education system being the best in the world does not produce ENOUGH graduates !...it is as simple as that !...otherwise they are not idiots to import half skilled labour produced by a failed education system !

And this is not me, your own corporation heads and academia has been saying this !....You ranting up here is making no difference as it is only making everyone laugh at your stupidity ![hilar][hilar]



As usual in your bravado you fail to shoot the message but rather critizise the messenger !....Im not the owner of Yahoo.com and i certainly didnt write the article above !:biggthumpup:
Thank god you are not the owner of yahoo. It would have closed down long ago due to your idiotic ranting.

So if the whole world can read and comment on this article then I'm only a person making the truth available to the people of Pakistan so that they can see the lies and save themselves, unlike the singaporean who got tricked into thinking he's going to some education utopia.
This article is not written for the whole world. It is written from a single view-point that to focus on the weakness in the students. However it fails to highlight the fact that not everybody is a genius. At the end of the day every skill doesn't have a market and not everybody has what it takes to grab jobs that are few and far between. If you read between the lines of both the articles that i have posted, it exposes the fact that no matter what your education you are never quite good enough. I have always maintained that only 10% of the population of any country is in the genius category or pertains to the people who would be pursued and absorbed by any industry or organization. Its no rocket science that these people are employable. However the rest are fighting in a very limited space. At the end of the day it is the survival of the fittest. Now tell me why is US allowing so many tech engineers from India on H1B visas? That country has some of the top most universities in the world. They have top notch educational institutions. Why then do they rely on andhraites and tamilians from India? According to the article on China, engineers from the US are highly employable. Then also they do not fulfil the requirements of the US tech companies. Therefore can we start blaming their education system for rendering them unemployable in the US? The article on China also highlights that the chinese engineers are found lacking. Read the below again. I know you don't read anything in entirety. Superficial knowledge fakir is very dangerous.

Meanwhile the World Economic Forum estimates 81% of US engineering graduates are immediately employable; McKinsey puts the same figure in China at 10%. The findings are backed up by foreign engineers working in China. “Graduates in China are fine technically. They can use modelling software, but they have issues then interpreting the results and seeing ‘the big picture.’ It’s not a problem we have with graduates from the West,” says a Beijing-based engineering manager at Alstom, an energy and transport multinational.


The rankings race never fulfilled the needs of developed countries when crisis hit them. Who came to their aid were Indian techies. The article highlights the perils of running after rankings too. Read on.Some worry the overemphasis on ‘catching up’ in international rankings is actually retarding improvements in Chinese higher education.“Focus on ratings has adversely affected faculties. Universities will spend a lot of money on attracting one or two outstanding researchers to a faculty, who spend all their time publishing in citation index journals. The ones that do the teaching are often far less accomplished. For students, it’s far from ideal,”

The rest of your post is incoherent rhetoric which has no logic. You need to re-train your brain to focus and come up with some train of thought that has a sequence.



 

modern.fakir

Chief Minister (5k+ posts)
We know your hatred knows no bounds so you will leave no stone unturned in denying the truth.

You have again deliberately dodged the topic to escape reality and you know i will take you to task for it. :biggthumpup:

Can you tell me where is the article discussing the 10 % geniuses of the world ??...Like are you crazy ??[hilar][hilar]

They are discussing a SKILLS GAP resulting from a failed education SYSTEM. IN this case even if I get a "10 % genius" to pass through this system the result will only be a MORONIC GENIUS [hilar] ....and nothing else !

Your argument is a laughing testament to your illogical stupidity just like the 80 billion chinese joke that you have now become [hilar][hilar]

The US allows H-1B visas to compensate for the lack of technical graduates as its education system being the best in the world does not produce ENOUGH graduates !...it is as simple as that !...otherwise they are not idiots to import half skilled labour produced by a failed education system !

And this is not me, your own corporation heads and academia has been saying this !....You ranting up here is making no difference as it is only making everyone laugh at your stupidity ![hilar][hilar]

There is nothing to look at between any lines other than for you to go back and stop this fake marketing of english language professionals and making a fool out of the innocent business community of the world like that singaporean up there !

And then you end up in singapore drunk being abnoxious with the local ladies down there to get into trouble and then land up in jail there only to be deported on the next flight!
[hilar][hilar]

Fix all this as we are working for the betterment of India and we wont let your hindutva indoctrination stop us !:biggthumpup:



As usual in your bravado you fail to shoot the message but rather critizise the messenger !....Im not the owner of Yahoo.com and i certainly didnt write the article above !:biggthumpup:
Thank god you are not the owner of yahoo. It would have closed down long ago due to your idiotic ranting.

So if the whole world can read and comment on this article then I'm only a person making the truth available to the people of Pakistan so that they can see the lies and save themselves, unlike the singaporean who got tricked into thinking he's going to some education utopia.
This article is not written for the whole world. It is written from a single view-point that to focus on the weakness in the students. However it fails to highlight the fact that not everybody is a genius. At the end of the day every skill doesn't have a market and not everybody has what it takes to grab jobs that are few and far between. If you read between the lines of both the articles that i have posted, it exposes the fact that no matter what your education you are never quite good enough. I have always maintained that only 10% of the population of any country is in the genius category or pertains to the people who would be pursued and absorbed by any industry or organization. Its no rocket science that these people are employable. However the rest are fighting in a very limited space. At the end of the day it is the survival of the fittest. Now tell me why is US allowing so many tech engineers from India on H1B visas? That country has some of the top most universities in the world. They have top notch educational institutions. Why then do they rely on andhraites and tamilians from India? According to the article on China, engineers from the US are highly employable. Then also they do not fulfil the requirements of the US tech companies. Therefore can we start blaming their education system for rendering them unemployable in the US? The article on China also highlights that the chinese engineers are found lacking. Read the below again. I know you don't read anything in entirety. Superficial knowledge fakir is very dangerous.

Meanwhile the World Economic Forum estimates 81% of US engineering graduates are immediately employable; McKinsey puts the same figure in China at 10%. The findings are backed up by foreign engineers working in China. “Graduates in China are fine technically. They can use modelling software, but they have issues then interpreting the results and seeing ‘the big picture.’ It’s not a problem we have with graduates from the West,” says a Beijing-based engineering manager at Alstom, an energy and transport multinational.


The rankings race never fulfilled the needs of developed countries when crisis hit them. Who came to their aid were Indian techies. The article highlights the perils of running after rankings too. Read on.Some worry the overemphasis on ‘catching up’ in international rankings is actually retarding improvements in Chinese higher education.“Focus on ratings has adversely affected faculties. Universities will spend a lot of money on attracting one or two outstanding researchers to a faculty, who spend all their time publishing in citation index journals. The ones that do the teaching are often far less accomplished. For students, it’s far from ideal,”

The rest of your post is incoherent rhetoric which has no logic. You need to re-train your brain to focus and come up with some train of thought that has a sequence.



 

chandbibi

Minister (2k+ posts)
What's hatred got to do with this? You are really losing your marbles these days. I have told you the reality that such skills are not really existing even in an advanced country like USA whose universities are top ranking. Now if you want to pay obeisance to them do it. But you know they need to hire Indra Nooyi and Satya Nadella to name a few Indians who made it to the top with a strong Indian education base.
Fakir what this article is discussing is very clear. It is talking about the unemployability of these students, but what about the unemployability of students who have so called skills. In the final analysis if there are jobs skilled people should get employed. Isn't happening in the US is it? They still need techies from India to fill the gap. So where is the co-relation between the skill set they need and the education being imparted by these hi ranked institutions. This is precisely what the american article says. Read it carefully. You are so high on targeting India that you don't understand the dynamics of various things. If you feel happy by this article, feel free to stay happy. Otherwise my honest advice to you is "GROW A BRAIN".


dern.fakir;2746437]We know your hatred knows no bounds so you will leave no stone unturned in denying the truth.

You have again deliberately dodged the topic to escape reality and you know i will take you to task for it. :biggthumpup:

Can you tell me where is the article discussing the 10 % geniuses of the world ??...Like are you crazy ??[hilar][hilar]

They are discussing a SKILLS GAP resulting from a failed education SYSTEM. IN this case even if I get a "10 % genius" to pass through this system the result will only be a MORONIC GENIUS [hilar] ....and nothing else !

Your argument is a laughing testament to your illogical stupidity just like the 80 billion chinese joke that you have now become [hilar][hilar]

The US allows H-1B visas to compensate for the lack of technical graduates as its education system being the best in the world does not produce ENOUGH graduates !...it is as simple as that !...otherwise they are not idiots to import half skilled labour produced by a failed education system !

And this is not me, your own corporation heads and academia has been saying this !....You ranting up here is making no difference as it is only making everyone laugh at your stupidity ![hilar][hilar]

There is nothing to look at between any lines other than for you to go back and stop this fake marketing of english language professionals and making a fool out of the innocent business community of the world like that singaporean up there !

And then you end up in singapore drunk being abnoxious with the local ladies down there to get into trouble and then land up in jail there only to be deported on the next flight!
[hilar][hilar]

Fix all this as we are working for the betterment of India and we wont let your hindutva indoctrination stop us !:biggthumpup: