• C++ Programming for Financial Engineering
    Highly recommended by thousands of MFE students. Covers essential C++ topics with applications to financial engineering. Learn more Join!
    Python for Finance with Intro to Data Science
    Gain practical understanding of Python to read, understand, and write professional Python code for your first day on the job. Learn more Join!
    An Intuition-Based Options Primer for FE
    Ideal for entry level positions interviews and graduate studies, specializing in options trading arbitrage and options valuation models. Learn more Join!

In India, Many Potholes and not enough Engineers

Joined
5/2/06
Messages
11,841
Points
273
In India, Many Potholes and Not Enough Engineers - NYTimes.com

Young Indians’ preference for software over steel and concrete poses an economic conundrum for India. Its much-envied information technology industry generates tens of thousands of relatively well-paying jobs every year. But that lure also continues the exodus of people qualified to build the infrastructure it desperately needs to improve living conditions for the rest of its one billion people and to bolster the sort of industries that require good highways and railroads more than high-speed Internet links to the West.

In 1990, civil engineering programs had the capacity to enroll 13,500 students, while computer science and information technology departments could accept but 12,100.

Yet by 2007, after a period of incredible growth in India’s software outsourcing business, computer science and other information technology programs had grown to 193,500; civil engineering climbed to only 22,700. Often, those admitted to civil engineering programs were applicants passed over for highly competitive computer science tracks.

Acknowledging India’s chronic shortage of civil engineers and other specialists, the national government is building 30 new universities and considering letting foreign institutions set up campuses in the country.

“India has embarked on its largest education expansion program since independence,” the prime minister, Manmohan Singh, said in a speech last year in Washington.

But the government may have only so much influence on what students study. And while the Indian government runs or finances some of the most prestigious universities in the nation, like the Indian Institutes of Technology, fast-growing private institutions now train more students. About three-quarters of engineering students study at private colleges.

Moreover, many people who earn degrees in civil engineering never work in the profession or, like Mr. Mandvekar, leave it soon after they graduate to take better-paying jobs in information technology, management consulting or financial services.
 
Back
Top