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  • Results 1 to 12 of 12
    1. #1
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      It can be viewed here.
      Great Job by CBS.

      http://www.andrew.cmu.edu/~sramakri/iit.wmv

    2. #2
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      Here is the Transcripts.



      BROADCAST TRANSCRIPT


      Date January 12, 2003
      Time 07:00 PM - 08:00 PM
      Station CBS-TV
      Location Network
      Program 60 Minutes

      LESLEY STAHL, co-host:
      Put Harvard, Princeton and MIT together, and you begin to get the idea of the status of this school in India, dedicated to producing world-class chemical, electrical and computer engineers with a curriculum that may be the most rigorous in the world. (Clips of college students)
      How significant would you say the impact has been on the American technology revolution?


      Mr. VINOD KHOSLA (Venture Capitalist):
      It's far greater than most people realize. How many jobs have Indian entrepreneurs created here in America? Hundreds of thousands, I would guess.

      STAHL:
      The United States imports oil from Saudi Arabia, cars from Japan, TVs from Korea, and whiskey from Scotland.
      So what do we import from India? We import people, really smart people. And as you're about to see, the smartest, most successful, most influential Indians who've migrated to the US seem to share a common credential: they're graduates of the Indian Institute of Technology, better known as IIT. Made up of seven campuses throughout India, IIT may be the most important university you've never heard of.

      This is IIT Bombay. Put Harvard, MIT and Princeton together, and you begin to get an idea of the status of this school in India. (Clips of campus and students)

      Unidentified Man (Snapshot of IIT Professor conducting a session):
      You compute the capacity of the column--

      STAHL:
      IIT is dedicated to producing world-class chemical, electrical and computer engineers...

      Unidentified Woman (Snapshot of IIT Professor conducting a session):
      And then you plug this back in and you--

      STAHL:
      ...with a curriculum that may be the most rigorous in the world.
      Just outside the campus gates, the slums, congestion and chaos of Bombay are overwhelming. (Clips of the city of Bombay) Inside, it's quiet and uncrowded and, by Indian standards, very well-equipped. (Clips of campus) Getting here is the fervent dream of nearly every schoolboy.
      With a population of over a billion people in India,competition to get into the IITs is ferocious. Last year 178,000 high school seniors took the entrance exam, called the JEE. Just over 3,500 were accepted, or less than 2 percent. Compare that with Harvard, say, which accepts about 10 percent of its applicants.

      Mr. KHOSLA:
      The IITs probably are the hardest school in the world to get into.

      STAHL: In the whole world?

      Mr. KHOSLA: To the best of my knowledge.

      STAHL:
      Vinod Khosla got into IIT about 30 years ago. After graduating, he came to the US, co-founded Sun Microsystems and became one of Silicon Valley's most important venture capitalists. He's one of thousands of IIT graduates who've made it big in the US.
      How significant would you say the impact of IIT graduates has been on the American technology revolution?

      Mr. KHOSLA:
      It's far greater than most people realize. Microsoft, Intel, PCs, Sun Microsystems, you name it. I can't imagine a major area where Indian IIT engineers haven't played a leading role.


      STAHL: Leading role?

      Mr. KHOSLA:
      A leading role--and, of course, the American consumer and the American business, in the end, is the beneficiary of that.

      STAHL:
      It isn't just high tech. (Clips of McKinsey & Company sign) The head of the giant consulting firm McKinsey & Company is an IIT grad. (Clips of Citigroup Center sign) So is the vice-chairman of Citigroup and the former CEO of US Airways. (Clips of US Airways jet) Fortune 500 headhunters are always on the lookout for that IIT degree. (Clips of IIT students)

      Mr. KHOSLA:
      They are favored over almost anybody else. If you are a WASP walking in for a job, you wouldn't have as much pre-assigned credibility as you do if you're an engineer from IIT.

      STAHL:
      Ninety percent of IIT students are male, and the young men we met in Bombay know they're hot commodities.
      And the American companies love the kids from IIT.

      DRUV (IIT Student): Thank goodness.

      RAVI (IIT Student):
      That's what we've heard--that's what we've heard, too. After I leave IIT Bombay, I hope to get a good job.


      STAHL: So it can be a ticket to another way of life?

      DRUV: Yeah.

      RAVI: Definitely.

      STAHL: And a ticket out of India. Well, how many of you think that you're going to end up in the United States?

      RAVI: For a while, I think all of us will be there maybe
      for work.

      STAHL: At some stage?

      RAVI: At some stage.

      STAHL: That's not the way it was supposed to be.

      Prime Minister NEHRU:
      (From vintage footage) I want my country to be strong.

      STAHL:
      Nehru, India's first prime minister, created IIT 50 years ago, just after independence, to train the scientists and engineers he knew the nation would need to move from medieval to modern. He never imagined India would be supplying brainpower to the whole world.
      Would you say that IIT graduates are India's most valuable export?

      Mr. N. RAM (Journalist): Yes, undoubtedly.

      STAHL:
      N. Ram, one of India's leading journalists, says that because the stakes are so high, a kid starts preparing early.

      Mr. RAM:
      Age seven, eight, 10. By 10, you know whether you're made--you're made for it or not.


      STAHL:
      And at least half of these 10-year-olds told us they think they're made for it. (Clips of 10-year-old students)
      But just standing out in school won't be enough. At about 16, they enroll in a prep class where they're drilled for the IIT entrance exam. There are even pre-dawn tutoring classes.


      Mr. RAM:
      4:30 to about 8, they--they--they are--they're grilled, and then they go to school.


      STAHL: Regular school.

      Mr. RAM: Regular school.

      STAHL: 4:30 to 8 AM.

      Mr. RAM: Yes.

      STAHL: Are you saying they do that every day?

      Mr. RAM: Yes. Every day for that period.

      STAHL: Two years?

      Mr. RAM: Particularly--two years. Classes 11 and 12 you
      do nothing but study.

      STAHL: And parents hover and push and fret.

      SOURABH (IIT Student):
      I normally stay up all night and study for my exams. So during--during this preparation my mother never used to let me prepare my own cup of tea.

    3. #3
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      STAHL:
      So if you stayed up all night, she stayed up all night to make you tea?

      SOURABH: She--she used to stay up with me, yeah.

      STAHL:
      After years of preparation, the day they and their families believe will make or break the future, finally arrives.

      SOURABH:
      On the day of the exam, my dad, my mom and my younger brother, they all accompanied me to the center. I said, `OK, now you can leave, I'll come--I'll come home on my own.' But I was--I was literally amazed when I came back from the--came back out of the center and see my parents and brother still waiting for me outside the center.

      STAHL: How many hours?


      SOURABH: It was--it was close to six hours.

      STAHL:
      Six hours of testing, then an excruciating month long wait for the results. (Clips students during testing)

      DRUV:
      They put them on the Web and you can call them up, and after 10 days you get a letter.

      STAHL: But it's on the Web so everybody knows?

      DRUV: Yeah.

      RAVI: You never get your marks.

      DRUV: You just get your all-India rank.

      RAVI: You just get your rank.

      STAHL:
      Ranks? Are you first, second, third in the country?

      DRUV: Right. So it goes from one to...

      STAHL: So everybody knows--

      DRUV:...one to 3,000 roughly.

      STAHL: So if you were 2,999, everybody knows.

      RAVI:
      Everybody knows, and you're considered really lucky.

      DRUV:
      The top rankers get their photographs in the paper also.

      STAHL: The f--the high ranks.

      DRUV: The high ranks.

      RAVI: He's one of them.

      STAHL: You g--you were one of them?

      DRUV: Yes, somewhat, yes.

      STAHL: What number?

      DRUV: I was 196.

      STAHL: Did you get your picture in the paper?

      DRUV: Oh, yeah. Oh, yeah.

      STAHL:
      The ranking isn't just an ego trip. The top kids get to choose which campus they want, and which major.(Visual of IIT-JEE, 2002, The Trailblazer)

      Mr. NARAYANA MURTHY (Founder, Infosys):
      It's a big deal in India. It is.

      STAHL:
      Narayana Murthy, founder of the huge software company, Infosys, is known as the Bill Gates of India.

      Mr. MURTHY:
      It's very easy to lose hope in this country. It's very easy to set your aspirations low in this country. But amidst all this, this competition among high-quality students, this institution of IIT sets your aspiration much higher.


      STAHL: Now what about your own son?


      Mr. MURTHY:
      Well, my son, he wanted--probably wanted to do computer science at IIT. To do computer science at IIT you had to be in the top 200, and he couldn't do that, so he went to Cornell instead.


      STAHL:
      Think about that for a minute: a kid from India using an Ivy League university as a safety school. That's how smart these guys are.

      Mr. MURTHY:
      I do know cases where students who couldn't get into computer science at IITs, they have gotten scholarships at MIT, at Princeton, at CalTech. Yes, sure.

      STAHL:
      You wouldn't mistake this for MIT or CalTech.(Clips of students in metal fabrication class) It's the final exam of metal fabrication class, required for every IIT freshman. Call it shop class on steroids. Using just a saw and a file, students have to cut quarter-inch steel into an assigned shape, measured to the millimeter. It's an illustration of IIT's emphasis on engineering basics, precision and discipline. Nobody majors in music at IIT.
      The education is not well-rounded. (Clips of IIT classes) But in science and technology, IIT undergraduates leave their American counterparts in the dust.

      Mr. KHOSLA:
      When I finished IIT Delhi and went to Carnegie Mellon for my master's, I thought I was cruising all the--all the way through Carnegie Mellon because it was so easy relative to the education I had gotten at IIT Delhi.

      STAHL:
      If you think of engineering students as nerds, not particularly bold or creative, IIT somehow breaks the mold. It turns computer geeks into risk-takers and leaders.
      I'm wondering why so many IIT graduates are entrepreneurs, why so many do start their own companies.

      RAVI:
      I think it's because of the confidence. We are lucky enough to be told by people around us that we're good and that we have a bright future, and that gives us a lot of confidence.

      STAHL:
      There's something else. Students act like entrepreneurs the whole time they're at IIT. (Clips of IIT students) They run everything in the dorms, which might be mistaken for cell blocks, if not for all the Pentium 4 PCs.
      They organize the sports themselves. They even hire the chefs and pick the food in the mess halls. And unlike so many other institutions in India, they all know they're here because they deserve to be here.

      Can you slip somebody a couple of rupees and say, `Come on, get my son in'?


      Mr. MURTHY: No. No. Never.

      STAHL: Impossible?

      Mr. MURTHY:
      Impossible. Impossible. There is no corruption. It's a pure meritocracy.

      STAHL:
      IIT may also be one of the best educational bargains in the world. It costs a family just about $700 a year for room, board and tuition. That's less than 20 percent of the true cost. The Indian government subsidizes all the rest. (Clips of IIT students) While some IIT grads stay and have helped build India's flourishing high-tech sector, almost two-thirds, up to 2,000 people leave every year, most for the US.


      Mr. RAM:
      Some people would say, you're subsidizing factories, which produce largely for the higher end of the American employment market.

      STAHL:
      So there's this debate here that says, `Why are we spending so much money to educate these brilliant young men who just leave?'

      Mr. RAM:
      You don't have to be crudely nationalistic to raise this question. There's a d--need here, there's a demand here. And these guys are simply not available.

      STAHL: How many of them ever come back?

      Mr. MURTHY:
      Well, a very small percentage. But my view is that we also have to work harder here to make it attractive for them to come back.

      STAHL:
      Murthy is doing his part. His software company, Infosys, hires about 150 IIT graduates every year to stay and work in India. He says the brain drain doesn't worry him.

      Mr. MURTHY:
      Sure, Nehru wanted all these young men and women to contribute to the success of India, and they are contributing to the success of India in some way, because today the respect for the Indian professional is much higher in the United States than what it was in the 50s.


      STAHL:
      But does that translate into investment money coming into India?

      Mr. MURTHY:
      Some of these people who have reached the higher--higher echelons in the corporate world in the US, you know, they have persuaded their corporations to start operations in India, whether it's Texas Instruments, whether it's General Electric, whether it's Citibank.


      STAHL: So it does mean investment back here.

      Mr. MURTHY: Oh, yes. It does mean.

      Mr. KHOSLA:
      I have no question that India now is benefiting significantly from the cycling of knowledge, the back and forth--no question about it.


      STAHL:
      And individual IIT grads are sending lots of money back home, too. But the US still gets the better end of the bargain.

      Mr. KHOSLA:
      How many jobs have entrepreneurs, Indian entrepreneurs in Silicon Valley, created over the last 15, 20 years? Hundreds of thousands, I would guess.

      STAHL: For this society.

      Mr. KHOSLA:
      For this society, here in America. For America to be able to pick off this human capital, these well-trained engineers with great minds, is a great deal.

    4. #4
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      Vande Maatharam!

    5. #5
      Stu
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      I saw this report, it was very interesting. My company employs a couple of IIT graduates as engineers.

    6. #6
      Ana
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      It's taken this many years for the Americans to realize what substandard science education they dish out compared to the rest of the world?

      Gr8 article!

      A coz of mine went to Birla Institute of Technology (BITs) in Pilani. His entrance exam was a whole friggin' day! Exams suck. Math sucks. But IIT... that's way cool .

      Now I only wonder when 60 minutes is going to do a segment on the calibre of medical education in India/pakistan compared to the US. You have 4 years of general education, PE classes, pottery making and a few bio/chem subjects thrown in to make a science undergraduate degree... voila.. the primer for MCAT! At the age of 21-22, when the rest of the world's kids have dissected their thirty-first cadaver, US students are still stuck on analyzing chlorofomed frogs. No wonder they pile up on students loans. Anyone would, for a degree that lasts 10 years.

      Education in the US is an expensive money-making business.

    7. #7
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      Originally posted by Ana:


      A coz of mine went to Birla Institute of Technology (BITs) in Pilani. His entrance exam was a whole friggin' day! Exams suck. Math sucks. But IIT... that's way cool .
      what do you mean here?
      sucked in what sense?

    8. #8
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      I know few IItians and appreciate that its really hard to get in there and they produce great engineers but why u posted it here in a pakistani career and academic section! how can we Pakistanis benifit from it..world affairs section might had been better choice..
      Saints are fine for Heaven, but they are hell on earth.

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      Originally posted by Degas:
      I know few IItians and appreciate that its really hard to get in there and they produce great engineers but why u posted it here in a pakistani career and academic section! how can we Pakistanis benifit from it..world affairs section might had been better choice..
      Degas

      Thats is where it was posted.But Moderators being smarter than me and you moved it here.

    10. #10
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      IIT may be a good college, but its nothing compared to MIT or Caltech... Most of the tech stuff that graduates from the MIT and such prestigious institutes invented, makes you ponder over how those people must have come up with such things and especially at times when you cannot even imagine such things.


      btw, indian guppies, dont say 'youre just jealous etc' as I am not. I am happy that IIT is infact doing so well, and is producing students of outstanding academic stature...

    11. #11
      Some1 Somewhere
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      I think it is wrong to suggest that everyone who comes out from the IITs is a brilliant individual. What can however be said in favor of IITs is that the admission procedure in very rigorous and even the Prime Minister's son cannot get into the institute through the back door unlike other institutes.
      But IITs have hardly rose to Nehru's vision as the article above points out. I infact happen to believe that the IITs can be renamed the American Institute of Technology (AIT) as a good number of its graduates who after having enjoyed the benefits of heavily subsidized education in these institutes finally land up in the US of A and help the American economy instead. The Money repatriation from the US to India is also much less compared to what the blue collar Indians in Middle East send back home. I think it is time for the Indian Govt. to reconsider the subsidy it extends to these IITs.

    12. #12
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      Originally posted by Some1:
      I think it is wrong to suggest that everyone who comes out from the IITs is a brilliant individual. What can however be said in favor of IITs is that the admission procedure in very rigorous and even the Prime Minister's son cannot get into the institute through the back door unlike other institutes.
      But IITs have hardly rose to Nehru's vision as the article above points out. I infact happen to believe that the IITs can be renamed the American Institute of Technology (AIT) as a good number of its graduates who after having enjoyed the benefits of heavily subsidized education in these institutes finally land up in the US of A and help the American economy instead. The Money repatriation from the US to India is also much less compared to what the blue collar Indians in Middle East send back home. I think it is time for the Indian Govt. to reconsider the subsidy it extends to these IITs.
      You have raised a good point, the admission to this instituition must be tough, think of all the people applying...

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