The Engineering Dilemma

Fun Facts

• Only 47% of Indian graduates are employable
• Average Indian Graduate Salary - 2.5 lpa
• 6 Lac+ engineers graduate every year

In the Indian context, everybody is aware how difficult it is for a graduate engineer to secure a job in the current market. More than 50% of engineers that graduate every year are struggling without jobs only. This is mainly because the engineering scenario in India has been highly IT dependent and since the top IT companies started to fail, hiring ceased leaving lacs of engineers jobless.

So many of them opted to go for higher education to increase their chances of getting an employment, living in a new country and the chance of making a lot more money than how much one would make in India. But is all this really worth it? At Rs 62, an average fee for Masters in the US would cost about 30-35 lacs and one would start out for a salary not higher than $80,000.

So in effect, you would be taking at least 3 year to start saving up money and earning some profit out of it. True that the lifestyle that you'd live in the US is much better than in India but there are always a few factors that you need to consider before going abroad.

• Strong course which has a good Alumni network
• Avoiding Specialized Courses
• Beware of 1 year course ( if without work exp)

The smart way out of this is trying to understand whether you really want to pursue a career on the technical side of life or the management. We often hear of Masters students who at the end of it, admit to not enjoying their work as much as they thought they would. The only way to counter this is by working for a period of 2 years trying to understand what you're passionate about and then following it up with a Masters. This will also help you find internships and landing up with a good job post completion of your coursework.

If you did not enjoy the work you did for 2 years and you wish to shift your field. Make sure you take up coursework in the field of your interest prior to applying for a Masters or an MBA. It is important to gain experience in the field of your choice( in case of a shift: engineering to Marketing/Finance) as it will help you support yourself whilst you struggle for an internship.

Most importantly, don't run behind the trends you see on blogs and magazines about colleges and coursework. A lot of it is paid media and you need to be wary of the consequences of taking up specialized courses without prior work experience in the same. Experience the work yourself, if you're passionate about it, then follow up with a Masters.

Modi's rise - The Big Idea of Bhartiya Janata Party

The countdown was set on September 13th 2013 when in a very bold move by Bhartiya Janata Party, Narendra Modi was named the Prime Ministerial Candidate of India. The countdown was set when election commission set 16th May as the final date for counting and declaration of results.

Narendra Modi ,the Prime Minister is not  only going to help create good governance but also create an environment of meritocracy and performance based pay for the years to come. He castigates caste based politics and the new BJP could be based on the this very foundation of Perform or Perish.

For example, Modi in Gujarat, Dr Raman Singh in Chhattisgarh, Shivraj Singh Chauhan in MP, Vasundhara Raje in Rajasthan & Manohar Parrikkar in Goa are governing their respective states like independent countries towards the path of prosperity and in the process, each leader is nurturing himself/herself.

In a top MNC, usually the most successful Director of a subsidiary is promoted to become the CEO at HQ. Similarly, this year, Modi, who was perceived by the people as the most successful CM has been promoted to PM. The reason such a procedure is followed is because the experience & wisdom developed while managing the subsidiary will come handy later and moreover, since it is merit based, it becomes an incentive for every director to work hard (compete) resulting in overall development of the company.

One of the main advantages of such a structure is that when the CEO retires later, the company management (board of directors) will not be clueless because there will already be a handful of successful directors (from each subsidiary) to choose from. Conflicts will be minimal because the selection would be based on merit and the transition will be smooth because it will be an incremental effort for the director of the subsidiary to step up to the CEO role. Similarly, when Modi retires, there will be plethora of options (Shivaraj Singh Chauhan, Raman Singh and others). A State CM promoted to PM is anyday better than the son of the PM assigned the post.

Compare this with other political parties. What is going to happen to Congress after Sonia retires? BSP? DMK/AIADMK? TMC? Will the transition be smooth, will the selection be merit based, will it be in the best interest of the nation?











Some new projects unleashed by the BJP State governments in the past 6 months.

1) http://nayaraipur.com/nrda/ - Developing Raipur - Chattisgarh - CM Raman Singh 

2) Neemuch Solar Plant - Largest in India - Madhya Pradesh - CM Shivraj Singh Chouhan 

3) Going away with VIP culture - Rajasthan -  CM Vasundhara Raje

And much more..

Demystifying the Net Run Rate - Mi Vs RR #IPL

Last night, Mumbai Indians did something which was totally unbelievable! A red- blooded match which a lot of people would compare to the WC 11' finals was eventually won by Mumbai Indians on the same ground as India did. Not to forget with a SIX!

Great job by Corey Anderson, Amabati Rayudu and of course 26 year old Aditya Tare who showed his grit by hitting a Six off Faulkners ball at a time when Mumbai needed it the most.

I saw a few status updates by cranky Rajasthan Royals fans who were upset about 14.3 over and 14.4.

Net Run Rate: 

Net run rate = (number of runs scored/number of overs faced) - (number of runs conceded/number of overs bowled)

Suppose India scored 1066 runs off 223 overs and conceded 974 runs off 238.2 overs. India net run rate (NRR) is therefore calculated as follows:

• (1066/223) - (974/238.333) = 4.780 - 4.086 = 0.694

Note: 238.2 overs, meaning 238 completed overs and two further balls, was converted to 238.333 for the purposes of calculation.

In the 2012 Indian Premier League (IPL), Pune Warriors scored 2321 runs off 319.2 overs and conceded 2424 runs off 310 overs. Pune Warriors' NRR is therefore:

• (2321/319.333) - (2424/310) = 7.268 - 7.819 = -0.551

If a team is bowled out before completing their full quota of 20 or 50 overs (depending on whether it is a Twenty20 or one day match), that full quota is used in the net run rate calculation. For example, if the team batting first is bowled out for 140 after 35 overs of a 50-over game and the opposition reaches 141 in 32 overs, the NRR calculation for that match goes like this:

• (140/50) - (141/32) = 4 - 4.406 = -0.406

Mumbai Indians equalized with Rajasthan on 14.3 overs with a score of 189. That made the difference between two Teams as 0. Given that Mumbai Indians had to still win the match, if they score anything more than 2 runs that would increase their numerator(Scored by MI) and decrease the numerator of RR (Scored against them) 

With the SIX! Tare put to rest Rajasthan Royals dream of getting into Play offs.

I hope we won't be seeing more cribbing on Facebook. 

Now don't start writing that the match was fixed and Dawood Ibrahim - Blah..Blah.. Bullshit.

Mumbai Indians WON and Rajasthan Royals lost. END OF STORY. GO HOME.

https://www.youtube.com/watch?v=ejG5vJnVCbE