But wait, there is a flipside to it too. A formal university education does not guarantee you success in business and life. It’s the individual that makes the difference. We on the other hand have a long list of successful business people including Dhirubhai Ambani, Mark Zuckerberg, Steve jobs and others who thought otherwise and did not waste time and money in a university, left their classes and went directly to the world to prove their mettle. As Bill Gates said “I am not a university topper, But today all university toppers are my employees”.
Success, thus, is a complex phenomenon to understand and we cannot attribute exact reasons behind it, it’s an imperfect mix of various factors.
And here I am trying to make an attempt to make you people think the way faculty council representatives view the matter at hand.
We have all heard about the office-boy who makes it big and becomes the CEO. But for most people, education is a necessity to advance a career. There will always be the exception of the highly dynamic individual who succeeds in business without a University education. We all know that there will always be the entrepreneurial types who do not rely or believe in higher education and there is always a chance of succeeding in business through sheer ability. But relevant qualifications are gaining importance as each year passes. A bachelor's degree, master's degree or MBA have become pre-requisites for a variety of jobs or...