IITians becoming accountant’s is a total waste of talent – Nobel Laureate Prof. Venki Ramakrishnan

By Pradeep Kumar | Permalink to this article
January 11, 2012 News and Updates 38 Comments »

IIT Bombay is organising techfest, where in it has invited some of the eminent people in technology to deliver lectures at the institute, including Nobel Laureate Prof. Venkatraman Ramakrishnan.

Addressing students at IIT Bombay during the techfest Prof. Venki expressed his disappointment on really smart students including IITians joining finance and management and wasting their talent.

Prof.Venki said “One needs to be sufficiently smart to get into finance or management profession. One cannot be an idiot and be successful in finance or management. I agree with that. But one does not need to be in the top 0.1 percent, which is what you IITians are, You guys getting into finance or management is a total waste of your talent. Why is government spending all this money in IIT’s to create engineering and science graduates ? It is not for you to go and become an accountant for a multinational company.”

“So what you guys should do is THINK BIG ! Don’t settle for corporate jobs, yes at the outset you will be making lot of money but your life will end up being, you might live in south mumbai and your life will be from your apartment to your good car to your office , but it will be very boring, but if you aim high and say to yourself that you want to invent new technologies, new sources of energy or technologies that save lives, you will make fundamental discoveries for better tomorrow, this is what top people should aim for and not settle for mediocre corporate lives” Said Prof. Ramakrishnan.

Professor Ramakrishnan has earned many honours besides the Nobel prize. He is a Fellow of The Royal Society, EMBO, US National Academy of Sciences and Fellow of Trinity College. He was awarded The 2007 Louis-Jeantet Prize for Medicine, he was also honoured with the 2nd highest civilian award The Padma Vibhushan by the Indian Government in 2010.

Gypsy Skirt says:

Its a nice informative post and its great resource for lots of peoples, so to promote your business by using some internet marketing strategy and it can easily to reach the correct market place.

More Importantly, IITans with Non IT background should stop going to software jobs.

More Importantly, people with not IT background should stop going to software jobs.This is what happens in all IITs and NITs.

K. A. Anand says:

I would say kids who could be great accountants getting into the race.
and getting into IIT in the first place is total waste of talent.

Anand Mathur says:

I agree !

Puneet S. Chauhan says:

IIT is not MIT,
its recession venky,and infact who cares.

if u care then stop ranting and
start creating jobs for them who took loans for studying
in these 90000/mth institutes ;)

I agree that the best talents trained to engineer and innovate should not settle for (I won't say Mediocre, but definitely) mundane Financial Jobs. But why doesn't somebody notice that there is such a disparity in pay, that A financial job will always seem more lucrative. Also the fact that In academic research your career starts only by 40. In this fast paced world, tats a long time…..

100% correct

Akhil Kt says:

If you say that you don't have to be in top 0.1% to do a finance job, then why is it that finance people get better paid than most IITians who take up engineering.

Chandrashekar Viswa says:

a marwadi near my house who sells silk clothes earns more than anybody , SO does that mean IITian should go to that profession???

This has nothing to do with the IITs or entrance exams. Many student if asked in 12th what they want to become they will say depends on how much marks I secure in the Board exams, or I am trying for medical or engineering which ever I get I will do. The problem is actually with schools and our education system that does not encourage individual thought; they only teach obedience bookish learning. They never let students explore their idea or passions, to discover their interests and talent. But one had to make a choice after 12th so one has to choose something, so everyone chooses something and then discover they want to do something else. By the end of school with the exception of a few who are very focused and know exactly what they want to do most will drift into a profession that will pay the most.

Wonderful Meera gaaru 100% I agree with you, you know my two daughters studying in IIT Kharagpur.

Vishal Jha says:

absolutely agreed with prof..think big become big…

Shubham Depp Bansal says:

Must Read

do not settle for mediocre corporate lives……a must read article….

Puneet S. Chauhan says:

and an engineering course covers economics and management subjects!

discovery needs funds,
one may not want to burden his parents for the same,
further 5 lakh engineers cannot get research grants for the same.

it's matter of personal choice,
noble laureate ji pravachan is easy to deliver
how to carry out execution my boy!

Jeyannathann Pillai says:

Why cant people get a life. This is directed at a comment in the wall. Here the topic is IITians going for management jobs and some lame persons are quoting Reservations as a reason. I feel its pure escapism and quoting a assertive action for brain drain is purely illogical. I feel a change in mentality among students and mainly testing pattern needs to be changed wherein innovative minds in schools are found out and sent to IITs rather than people who slog for 2 years solving the problems. Am not against hard work , I just wish that innovation is encouraged in the minds of students and is celebrated for knowledge driven economy is the order of the day and years to come. Btrw now it has become quite fashionable to blame everything on reservation and quote some stupid SMS jokes and irrelevant statistics, which isnt their actual thoughts….but COPIED….. This is what am against….

Why cant people get a life. This is directed at a comment in the wall. Here the topic is IITians going for management jobs and some lame persons are quoting Reservations as a reason. I feel its pure escapism and quoting a assertive action for brain drain is purely illogical. I feel a change in mentality among students and mainly testing pattern needs to be changed wherein innovative minds in schools are found out and sent to IITs rather than people who slog for 2 years solving the problems. Am not against hard work , I just wish that innovation is encouraged in the minds of students and is celebrated for knowledge driven economy is the order of the day and years to come.

David George says:

good reply Jeyannathann Karunanithi Pillai!
the prob is with the selection process, I donot understand why i need to write GATE exams which invloves maths to get into masters in biotech. IIT needs to get out of the indian mindset that marks is god and see the real picture. Prof. Venki himself wasn't a top scoring person.

Puneet S. Chauhan says:

an engineering course covers economics and management subjects!

discovery needs funds,
one may not want to burden his parents for the same,
further 5 lakh engineers cannot get research grants for the same.

it's matter of personal choice,
noble laureate ji pravachan is easy to deliver
"how to carry out execution"-should be the pravachan!

Clooney Rises says:

sir but that is better than becoming teachers in coaching centres for iit jee.
what about that?
if not sure then try watching faculties of top iit coaching centres.

pankajkandwal2006 says:

Dear all, as said above, some of IITian’s are doing MBA and all. These talented peoples are wasting their talent doing so. In India, the status of engineering is too poor. Why do great invention not happen in India (except few ones)? Why we are not able to make sophisticated instruments with high precision and accuracy? The top class students are selected in IITs but if they do so, from where the technology will grow? I agree money is required, but don’t we have some moral duty towards our-self or our country? I surprised knowing that till now not a single high power laser has been made in India. Up to today, these high grade instruments and materials are procured from abroad. Why our peoples not able to make them?

SatishVedi says:

I I totally agree with Prof Venki, But I would like to point out one little thing that is the choice made by IITans or any other students to get salaried job had been generated in their mind since KinderGarten by Parents, Teachers, colleagues, Friends etc. Now anybody reciting the same song throughout their life would not suddenly change their tune.I have great respect towards all my teachers but Unfortunately they themselves are not trained to produce “Innovators”, but are excellently qualified for producing accountants, and they are doing their job so well that even IITs which are supposed to be producing Technologists, Innovators, Engineers. and Scientists are Producing accountants.

yogdev11 says:

first india remove all reservation from education and job after that we talk about all invention . if in your team there is 5 member and 2 member comes through education quota and 2 from job reservation they how could one pure mind feel comfort with rest of 4 member . i know the pain of reservation . for the same paper a person is qualified who have 30-40 less marks then you and for me “i’m not qualified ” . is it not the waste of talent .

marshal says:

todays young people are thinking of getting settled in their life and even govt is not filling the vacant post in various sectors

one new thing govt has incresed the retirement age of senoirs which is not correct in present context as lakhs of youth are qualified but they dont get job

ajay11133 says:

Dear Sir,

I absolutely agree with you. Career is not all about money. It is about people too. When we look for money, we base our success indicators on material success. It might provide luxuary of living and comfort, but over a period of time, it will disconnect your from you near and dear ones. Earning or asipiring money is not necessary bad concept, but one needs to think on what cost. At the same time, one need to ponder where he or she can utilize potential with full passion, curiosity and happiness. I believe family and society is the place where we live so, we should not comprise these only for the sake of money. One can not buy happiness by money.

Ajay

PhD Scholar, TISS

MM, AIM, Manila

PG in PPM

Faculty, ITM

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