According to the All India Council for Technical Education (AICTE), India possesses an existing talent pool of around 100 million and has an annual addition of over 3 million graduates and professional degree and diploma holders.
Every year,
Over 950 business schools produce nearly 90,000 graduates with MBA degrees (compared to 13,500 in the UK).
Around 4, 00,000 engineering graduates and over 1,500 PhDs join the Indian workforce.
Approximately 55,000 students graduate with a master’s in computer applications and 25,000 with a master’s degree in pharmacy.
Top Business Schools in India
Around 25,000 management students graduate from the top 10 business schools in India every year. The corporate sector requires approximately four times the number – at least 100,000 new MBAs annually.
Table 1 – Top 10 Business Schools in India (2006)
Name of Institute
Intellectual Capital (400)
Brand Value (200)
Learning Ambience (250)
Growth (150)
Total Score (1000)
IIM, Ahmedabad
304
168
217
139
828
IIM, Bangalore
303
165
213
136
817
IIM, Calcutta
302
162
211
130
805
MDI, Gurgaon
298
160
204
128
783
IIM, Lucknow
296
158
198
127
772
ISB, Hyderabad
278
154
196
126
755
XLRI, Jamshedpur
276
153
195
121
741
S.P. Jain, Mumbai
273
148
185
120
718
ICFAI, Hyderabad
261
147
182
117
715
IMT, Ghaziabad
258
137
180
116
708
Source: ‘Best B-Schools Survey 2006’, Business India, 22nd October 2006
The top three business schools are the IIMs at Ahmedabad, Bangalore and Kolkata, respectively. They scored the highest in aspects of intellectual capital, brand value, learning ambience and growth. In order to address the issue of shortage of MBAs in the corporate sector, the IIMs and other top colleges are planning to double their intake in the coming three years.
Top Engineering Colleges in India
Currently, there are 1,346 engineering colleges approved by the AICTE, with a seat capacity of 440, 0003. Tamil Nadu has the maximum number of colleges (254), followed by Andhra Pradesh (236), Maharashtra (155) and Karnataka (118). These four states account for 57 percent of all the engineering colleges in India.
Table 2 – Top 10 Engineering Colleges in India
Name of Institute
Intellectual Capital (30)
Infrastructure and Facilities (20)
Pedagogic Systems (15)
Industry Interface (15)
Placements (20)
Total Score (100)
IIT Kanpur
28.3
18.9
13.8
13.2
18.5
92.7
IIT Kharagpur
27.9
18.8
13.7
13.5
18.3
92.2
IIT Bombay, Mumbai
27.2
18.6
13.0
13.7
18.7
91.2
IIT Madras, Chennai
26.7
18.3
13.3
12.9
17.8
89.0
IIT Delhi
26.1
18.5
12.7
13.4
18.1
88.8
BITS Pilani
25.8
17.8
13.5
13.5
17.3
87.9
IIT Roorkee
25.5
18.6
12.9
12.4
16.3
85.6
IT-BHU, Varanasi
23.9
18.2
12.7
11.9
15.9
82.6
IIT Guwahati
25.2
18.1
12.5
10.5
15.1
81.4
College of Engg, Anna University
25.3
16.7
12.4
12.8
14.1
81.3
Source: Outlook, 17th July 2006 issue, a nation-wide poll commissioned by Outlook and conducted by research organization Cfore
Among the top 10 engineering institutes in India, IIT Kanpur scored the highest in areas such as intellectual capital, infrastructure and facilities, and pedagogic systems.
Intellectual capital is an essential aspect influencing the output of knowledge-oriented and high-quality skilled students. In that respect, IIT Kanpur is rated the highest in providing intellectual capital to broaden the scope of its students, followed by IIT Kharagpur and IIT Bombay.
Another factor equipping students to become better knowledge-based professionals is industry interaction, which enables the practical applicability of theoretical knowledge. In this area, IIT Bombay scored the highest followed by IIT Kharagpur and IIT Kanpur.
Apart from the top 2 institutes (IIT Kanpur and IIT Kharagpur)
° Other institutes such as IIT Bombay and IIT Roorkee scored high on infrastructure and facilities available
° BITS Pilani scored high in terms of developing pedagogic systems that provide a better curriculum and modes of learning
IIT Bombay scored the highest in the number and quality of placements which provide opportunities for students to build careers.
Top Medical Colleges in India
There are 242 medical colleges approved by the Medical Council of India (MCI), with an annual intake of 25,000 students.
Among the top 10 medical colleges in India, AIIMS scored the highest in all aspects of intellectual capital, infrastructure and facilities, pedagogic systems and placements.
Following AIIMS, other colleges such as JIPMER, Pondicherry, and St Johns, Bangalore, scored high in providing intellectual capital.
In terms of pedagogic systems, apart from the top 3 institutes (AIIMS, CMC and AFMC), Grant Medical College, Mumbai, is also rated high.
Placements in CMC and AFMC also scored high.
Table 3 – Top 10 Medical Colleges in India
Name of Institute
Intellectual Capital (35)
Infrastructure and Facilities (25)
Pedagogic Systems (10)
Placements (30)
Total Score (100)
AIIMS, Delhi
30.8
25.5
20.6
8.3
85.2
CMC, Vellore
27.3
24.2
20.4
7.7
79.6
AFMC, Pune
27.0
23.7
19.7
7.7
78.1
JIPMER, Pondicherry
27.8
23.4
18.7
7.4
77.2
Seth G.S. Medical College, Mumbai
26.7
23.2
18.5
7.0
75.4
Maulana Azad Medical College, Delhi
26.9
22.3
18.6
7.3
75.1
Grant Medical College, Mumbai
26.5
23.1
18.9
6.4
75.0
St Johns, Bangalore
27.8
20.4
18.4
7.4
73.9
Kasturba Medical College, Manipal
26.1
20.3
18.4
6.7
71.5
B.J. Medical College, Pune
25.0
20.1
18.0
6.6
69.7
Source: Outlook, 17th July 2006 issue, a nation-wide poll commissioned by Outlook and conducted by research organization Cfore
Top Law Colleges in India
The National Law School at Bangalore ranks first as the best law school in the country.
Table 4 – Top Law Colleges in India
Name of Institute
City
State
Region
National Law School of India University
Bangalore
Karnataka
South
NALSAR University of Law
Hyderabad
Andhra Pradesh
South
Symbiosis Law College,
Pune
Maharashtra
West
ILS Law College,
Pune
Maharashtra
West
Faculty of Law, BHU, Banaras
Varanasi
Uttar Pradesh
Faculty of Law, DU
Delhi
Union Territory
North
The Government Law College,
Mumbai
Maharashtra
West
Faculty of law, Chandigarh University
Chandigarh
North
Amity Law School
New Delhi
North
Source: India Today-AC Nielsen-Org-Marg Survey of Colleges
Furthermore, more institutes are offering alternate streams from the traditional options of engineering, management, medical and legal courses. Students are given the opportunity to choose new professions that require specialized training. This will increase the talent pool of India and will help in producing workers who are qualified to meet the demand of diverse knowledge-oriented jobs.
Table 5 – Some of the Other Colleges Offering Alternate Career Options
Fashion Designing
Design, Graphics and Animation
Mass Communication and Media Studies
National Institute of Fashion Technology, New Delhi (7 centers)
National Institute of Design, Ahmedabad
Indian Institute of Mass Communication, New Delhi (2 centers)
Pearl Academy of Fashion, New Delhi
Dhirubhai Ambani Institute of Information and Communication Technology, Gandhinagar
Jamia Millia Islamia, New Delhi
Wigan & Leigh College, New Delhi (9 centers)
ANTS – Animation Training School, Bangalore
Amity School of Journalism and Communication, New Delhi
National Institute of Fashion Design
Colorchips Animation Training Centre, Hyderabad
School of Convergence, New Delhi
Animaster, Bangalore
Wigan & Leigh College, New Delhi
Source: Article titled ‘Fermentation (Hons)’ published - 17th July 2006 issue of Outlook
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