Business
U.S. No Longer Preferred Destination For IITians
The proportion of IITians going abroad has dropped by half in recent years.
| The U.S. is losing its luster for graduates of prestigious Indian Institute of Technology.
A study by a leading global research and analytics’ firm, Evalueserve found that the proportion of IITians going abroad has dropped by half in recent years. A survey of 677 IITians by Evalueserve found that while 35 percent of IIT graduates from 1964 to 2001 went abroad after graduation the number dropped to 16 percent among those who graduated after 2002. “Recent graduates also believe India will be the most promising geography for IIT graduates in 10 years,” the report says. “It is well known that graduates from IIT … have historically preferred to move to the U.S. or other countries to pursue higher studies and explore more attractive career opportunities. However, preferences have changed during the last few years.” 60 percent of IIT graduates from 1964 to 2001 said U.S. and other developed countries offered better career opportunities than India. However, the proportion dropped to 51 percent among those who graduated after 2002, the year the company is the point of “inflexion,” a year when India’s economy began to boom. |