Why is demand for Delhi University’s colleges (specially the top-most) increasing year-over-year?
Here is why:
Quality if education: The colleges which are talking about, have one of the finest educators in India. These elite colleges can leave most of the Indian ‘MBA colleges’ way behind if we look at their placement records (yes, placement at undergraduate colleges). For example – a student from St. Stephen’s college was placed at an annual salary of Rs. 19 LPA (Lacs per Annum) in 2013 compared to Rs. 14.3 LPA previous year. The recruiters making rounds of these colleges are among the most-admired companies – such as AT Kearney, Goldman Sachs, McKinsey, Bain, Citibank, Deutsche Bank, etc.
Moreover, the grooming that these colleges provide is comparable to most of post-graduate colleges. These colleges have produced many notable names from different fields, such as Mr. Salman Khurshid, Mr. Shashi Tharoor, Ms. Kiran Bedi, Mr. Amitabh Bachchan, Rohit Bal, Ritu Beri, Amitav Ghosh, Khushwant Singh, etc.
Fees of courses: The other reason that these colleges (leaving aside the elite ones) is because these colleges are highly economical. The total fees for an undergraduate course for any subject would not cross Rs. 50,000/- at any given point in time (for General category). For other categories, this is further subsidized. Compare this with lacs of rupees which is charged by most of the colleges in India, especially in private institutes.
It is a simple rule of demand and supply. If there is more Demand than the Supply, the price (of getting the good or service) is bound to increase. And in this case it is the cut-off required to get an admission to course and college of one’s choice.
But. What about the Supply side? We did speak that the demand for Delhi University colleges and their courses is increasing, but what about the Supply side? Is government taking note of this and doing anything about it? The number of colleges and the seats have remained the same since many years now. It is obvious that if the supply is not increased, the demand will keep pushing these cutoffs to newer levels. We have seen announcements like more and more IIMs being opening up. What about under-graduate courses?
Can’t we have more colleges in Delhi University to take care of increasing demand? Or better, can’t we get other colleges up to an expectation that the pressure on these colleges is reduced?
You guys tell me what is your view on this? What do you think government should do about this?
#Source: Times of India
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