Table of Contents
Cost per professor in Indian Engineering colleges
1. According to the 7th pay commission, a professor’s monthly salary is 1,16,000/-.
2. A professor handles two subjects in a semester that lasts six months.
3. Each subject has a 52 hours syllabus.
4. So, a professor “preaches” for 104 hours. Why preaches? Because teaching is defined as the process of sharing the experience of real-life problems and methods of overcoming them, and preaching is telling what one should do.
5. Nonetheless, 104 hours a month is translated to 17 hours a month. Therefore,
1-hour payout of a professor= ₹ 6117, or $75
6. Let us assume that the class has 50 students.
Worth of an Engineering Student in India
7. The basic entry-level job salary in India is about ₹ 30,000.
8. On average, 50% of the students can get a job for ₹ 30,000 per month.
9. The entry-level engineers or employees are to work for about 12 hours a day for almost seven days a week, as they will be invariably given projects on the weekends.
10. So, the total monthly hours of an engineer will be 12*30=360 hours.
11. Hence the hourly payout of the engineers=₹ 83, or $1
12. With 50% of the class earning this, the actual hourly productive value=$25.
So what is the worth of an engineering student? At a 50% employment rate, it is $ 0.5 per hour. So, a professor takes $75 to produce goods and services for $25 in an hour. Are there any doubts about why most of these students aspire to become professors?
How counterproductive is Indian Engineering education really is?
1. A student invests four years. So, four years x 365 days x $0.5/hour x 10 hours= $730 is the actual cost of engineering for 4 years.
2. However, the total cost of engineering is, on average, INR ₹10,00,000/-, or $12,200
So, the so-called education system, loaded with incapable preachers, is squeezing $12,000 of this country’s money to return $720.
Even British Raj would be ashamed of their incapabilities. British Raj charged 8x more cost to the Indians for Indian railways. Education Raj takes 16x more money than its productivity.
Why are we seeing so many Job losses in engineering in recent times?
When you hand over a 16x poor quality raw material to the industries and expect the industry to keep feeding the Education Raj mafia, then your fantasies are far more schizophrenic than a 6-month-old child.
1. At six subjects per semester, three professors are enough to handle the subjects in a semester.
2. Even at this looting 16x price, the monthly cost to “preach” 50 students is only 3.48 Lakhs.
3. That accounts for 48 lakhs/year.
4. At an average of 2.5 Lakh/year fees, these Education Raj buildings are squeezing 1.5 crores a year. AND THIS IS CASH, NOT DEBT.
5. How many companies does the government of India gives ₹ 1 crore cash(not debt) to build the country and employment? 0.
What is the total Indian Engineering Education Scam Market Size?
With 3627 engineering colleges in India and an average of 365 seats/college(about 13.2 lakh seats), each of these colleges is an annual ₹ 7.3 Core scam.
How can future Niravs and Mallya earn big white money by leveraging the Indian Engineering Education scam platform?
1. If you have ₹ 10,000 crores, deposit it in the banks.
2. Propose a total of 100 engineering colleges for the country(See, you are now an educator).
3. At 100 Cr per project, the project’s total budget will be ₹ 10,000 crores.
4. Take 90% of Finance from the banks. Take ₹ 9,000 cr loan and ₹ 1000 cash.
5. 100 Engineering colleges at an average of ₹7.3 crore profit will return ₹ 730 cr per year. Pahle debt installment return Karne ka, ₹450 crores. ₹280 bachat me 33% tax bharne ka. ₹188 cr. A whopping 18% profit.
5. Nirav Bhai, 18 taka Munafa, Padmasree, Padma Bhushan, “father of education.”
Bonus for Future Queens
The poor queen died out of depression. Future aspiring queens can take a printout of this post. Don’t take Kohinoor back home; leave behind as many colleges as you can.
Bonus for future Bhais
Bhai, drug nehi bechne ka, Sapne bechne ka, engineering degree bechne ka. White collar Dhanda, respect, pure white money. Packet powder risky hai, chalk powder me invest Karne ka.
Some of the wise questions by the readers
Sahin Sarkar
Any alternative for higher education, then? I have been thinking about this for a long time and only found two alternatives. One thing I’m a bit more sure of is buying the books for the entire course, studying them, and solving mock exam papers. Maybe solving a few SELF-THOUGHT experiments about each subject or topic. The other one I’m less sure of is studying in a foreign country. But I’ve heard that they also charge more than the worth provided.
Answer to the question, “should we study all the course books and self-teach or go to a foreign land to study engineering”?
Rusi Modi built modern Indian manufacturing. He was not educated. Nor was Dhirubhai. Wasting four years under a so-called HoD who can’t write a UNIX driver in computer science can only produce a lazy brain like the guru.
Such a facade of giving the feeling of being educated can sustain only as long as the fake debt economy can be inflated. After that, preachers will be forced to labor, and doers will still continue to do.
That is why companies have started slowly eliminating an educated workforce. There is so much talent in 15-16-year-old youngsters. Take them, put them to the ground. Make them a workforce to reckon with, like China. Seniors in the Industries will continue to teach their juniors to derive satisfaction the way it always has been.
Teaching is accountability and service to society. Additional services are not jobs. Teaching is part of social duty.
Conclusion
We can very well highlight the summary of this post by following the comment of one of the investors of Acculi Labs.
Except for call center and IT, the entry-level salary for an engineer is maxed at 15k a month. And not more than 10% get employed in a year. The quality of a fresh engineer is very low; even the basics are not in place.
Balamurugan J
There is a severe dearth of employable quality manpower in core engineering. Most of the core engineering shifts to call centers due to starting salary attraction, and that’s the end. Medicine is also similar. There are no family physicians. Insurance driven Corporate healthcare removed the human connect.
Energy EPC professional with 30+ years of expertise
The harsh reality is that a scamming and gaming low-quality but high-cost education system continuously produces just the engineers in the papers without the suitable ability to work on high-end engineering projects. With the recession knocking on the door and job losses have become normal, it is time for parents, students as well as the authorities to take a pause, reflect back onto the situation, read the omen and do the necessary.
