Wednesday, April 05, 2006

Why I think the ISB crorepati is hogwash

It is amazing how the traditionally most secretive element of a human being's professional life is being publicised to this degree.Media pundits have hailed the Indian School of Business today for creating the first ever crorepati from the ramparts of its hallowed turf.But hang on,let us not fool ourselves anymore about this "big-ticket" placement.

While there may be merits in the case of such recruits, we must remember that these are more the exception than the norm(possibly a fractional percentage of the entire workforce or employable workforce).That said, mere receipt of such placements is no index of a human being's capabilities,as there are scores of professionals who have done and are doing yeoman service in their respective streams.

If there is talk of a balanced media, I would be happy to see features and lead stories of people who have done exceptionally well without any of these overly glorified degrees. Having graduated from a business school myself and having been part of the consulting world, I can safely say that there is more to life than a fast-paced, jet-setting job with a skyrocketing salary.

The question to be raised is, have we reduced these business schools to assembly lines of hype? Or are we still a race who values the teeming millions who have done wonderfully well in life, despite stints at such schools?Get real...

7 comments:

Anand Natarajan said...

Arun, this was a nice read. Another thing I would like to point out is that the crorepati has been an offerred a US job with a pay in $$ which when converted to Indian Rs. exceeds a crore. Advertising (I am sure ISB will not agree with me) a $$ salary in Rupees is just pure stupidity. In the US nobody buys a packet of bread for 10 Rs ( or 20 c).

Cheeru said...

Arun Sir, I agree that media need to create less hype about such small things in India. Forget about the best bet of each good college, they anyway make it big in one way or the other but what I liked the most was - Art of being happy than just racing against the time and being in the money rat race.

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