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Ravi Subramanian is an Indian author. A banker by profession, Subramanian has written popular thrillers about banking and bankers, including award winning trilogy The Incredible Banker, The Bankster and Bankerupt. An alumnus of IIM Bangalore, batch of 1993, Subramanian spent close to two decades in the financial services industry. After having worked with companies such as Citibank, HSBC and ANZ Grindlays, Subramanian is now the CEO of a listed Non-banking financial company.
Subramanian writes popular columns for well-known magazines and has his own personal weekly column in the career and business life page of The Economic Times. Subramanian says “I will be satisfied if people remember me as the Grisham of banking,”referring to the American author best known for his legal thrillers.
A traveler at heart and a writer by chance a vital part of a vibrant team called Women's Web. I Head Marketing at Women's Web.in and am always evolving new ways in read more...
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Children should be taught to aspire to be successful, but success doesn't have to mean an IIT admission only!
Imagine studying for 2 or 3 or 4 or 5 whole years for the JEE exam only to find out that there’s only a very, very slim chance of getting into an IIT. It is a fact widely acknowledged that the IIT-JEE is one of the toughest exams not just in India but in the whole world. Apart from IITs, the NITs and IIITs of India also accept the JEE scores for admission. There are said to be a total of 23 IITs, 31 NITs and 25 IIITs across the country.
Now, let’s first get a few facts about the IITs right. First, according to the NIRF rankings of 2023, only 17 IITs rank in the top 50 engineering colleges of India and only a few (around 5) IITs are in the list of the world’s top 100 engineering colleges. Second, the dropout rate of IIT-qualifying students stands at least at 20%, with reasons being cited ranging from academic pressure and unmanageable workload to caste discrimination and high levels of competition within the IIT.
So, it’s quite clear that the journey of making it through IIT is as challenging as the journey of getting into an IIT. Third and most important of all, the acceptance rate or the odds of getting into an IIT are below 3% which is a lot lower than the acceptance rate of highly and very highly ranked US universities. Four, getting into an IIT of one’s choice doesn’t mean one will also get into a branch of one’s preference at that IIT.
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