Latest stats on Reverse Brain Drain
Nirad. C. Chowdhury’s shallow claim to be the sole Briton living today who is aghast at the degeneration of Anglo Saxons, does not undermine his deep rooted admiration for the all conquering Britain in their heydays of colonial rule. Many before and since have had a quintessential fancy for the Western lifestyle, their values and their education, the inspiration of which provided them the driving force to land up on foreign shores. The colonial rule is gone now, but the magnetism of the West still persists.
Notwithstanding the fact that US has replaced other nations as the most favoured destination for immigration – with Indians and Chinese forming the bulk of them either in Silicon Valley or in American Universities – the current presentiments are alluring many to return to their home countries. A joint team comprising researchers from Harvard, Duke and Berkeley has forecasted recently that approximately 100,000 Indians and the same numbers of Chinese will return to their respective countries in the next 3-5 years (the research showed how 60% Indians and 70% Chinese feel they are better off in their own country). Compare this to the 50,000 Indians and similarly numbered Chinese who returned home in the past twenty years.
This ‘Reverse Brain Drain’ is happening not only because they are being forced to, but also because of the fact that India and China are comparatively more insulated from the clutches of recession and are surely going to be the markets of the future where investments by global corporations is definitely going to increase on a mammoth basis. One can gauge the positive feeling (or the ‘home country factor’, as experts put it) by the fact that about 44% of the returnees to India are/were placed in managerial positions with hefty packages. Time to rejoice?
Nirad. C. Chowdhury’s shallow claim to be the sole Briton living today who is aghast at the degeneration of Anglo Saxons, does not undermine his deep rooted admiration for the all conquering Britain in their heydays of colonial rule. Many before and since have had a quintessential fancy for the Western lifestyle, their values and their education, the inspiration of which provided them the driving force to land up on foreign shores. The colonial rule is gone now, but the magnetism of the West still persists.
Notwithstanding the fact that US has replaced other nations as the most favoured destination for immigration – with Indians and Chinese forming the bulk of them either in Silicon Valley or in American Universities – the current presentiments are alluring many to return to their home countries. A joint team comprising researchers from Harvard, Duke and Berkeley has forecasted recently that approximately 100,000 Indians and the same numbers of Chinese will return to their respective countries in the next 3-5 years (the research showed how 60% Indians and 70% Chinese feel they are better off in their own country). Compare this to the 50,000 Indians and similarly numbered Chinese who returned home in the past twenty years.
This ‘Reverse Brain Drain’ is happening not only because they are being forced to, but also because of the fact that India and China are comparatively more insulated from the clutches of recession and are surely going to be the markets of the future where investments by global corporations is definitely going to increase on a mammoth basis. One can gauge the positive feeling (or the ‘home country factor’, as experts put it) by the fact that about 44% of the returnees to India are/were placed in managerial positions with hefty packages. Time to rejoice?
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Ranked 1st in International Exposure (ahead of all the IIMs)
Ranked 6th Overall
Zee Business Best B-School Survey 2012
Prof. Arindam Chaudhuri’s Session at IMA Indore
IIPM IN FINANCIAL TIMES, UK. FEATURE OF THE WEEK
IIPM strong hold on Placement : 10000 Students Placed in last 5 year
IIPM’s Management Consulting Arm-Planman Consulting
Professor Arindam Chaudhuri – A Man For The Society….
IIPM: Indian Institute of Planning and Management
IIPM makes business education truly global
Management Guru Arindam Chaudhuri
Rajita Chaudhuri-The New Age Woman
IIPM B-School Facebook Page
IIPM Global Exposure
IIPM Best B School India
IIPM B-School Detail
IIPM Links
IIPM : The B-School with a Human Face
IIPM – FLP (Flexi Learning Program)
