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12 Reasons Why Mumbai University Is Much Better Than NUS and NTU!
- Thread starter JohnTan
- Start date
This Mumbai Uni Grad is so deceptive. The same report he quoted also said:
The annual Wealth-X and UBS study also came up with an interesting finding. It showed that higher education is not a prerequisite to achieving billionaire status as 35 per cent of the 2,325 billionaires in the world have not obtained a tertiary-level degree.
In short, there is no obvious correlation between billionaires and the university they attended. The hard truth is: Mumbai Uni is still No. 551 in the world.
The annual Wealth-X and UBS study also came up with an interesting finding. It showed that higher education is not a prerequisite to achieving billionaire status as 35 per cent of the 2,325 billionaires in the world have not obtained a tertiary-level degree.
In short, there is no obvious correlation between billionaires and the university they attended. The hard truth is: Mumbai Uni is still No. 551 in the world.
http://www.hindustantimes.com/busin...-for-billionaire-alumni/article1-1279650.aspx
There is a difference, though. Most of the individuals in Mumbai are part of old, large business families and have inherited part of their wealth, compared to the emerging rich from the new economy such as IT and services. Some families that can trace their origins to Mumbai include the Ambanis, the Mahindras and the Piramals, among others.
"Mumbai was the industrial and financial capital for India (since British times)," said Dileep Choksi, a former managing partner of Deloitte, who now looks after the affairs of large business families through Universal Trustees.
But growing population and inadequate infrastructure is forcing businesses to shift away from Mumbai.
"This could eventually lead to a fall in the number of billionaires as money will be made elsewhere," said Mita Dixit, family business adviser and leading researcher of Indian business families.
"Moreover, the new generation of most families are diversifying, which will take some time to grow," said Dixit.
Although UBS did not elaborate, some of the individuals who feature on the list include Mukesh Ambani ($23.6 billion), Anil Ambani ($6.3 billion), Kumar Mangalam Birla ($9.2 billion), Ajay Piramal ($2.1 billion), Rakesh Jhunjhunwala ($1.9 billion), Ashwin Choksi ($1.7 billion) and Niranjan Hiranandani ($1.2 billion).
According to Sunil Shah of Evergreen Family Business Advisors, the main reason for the concentration of wealth in Mumbai is that large business families work on creating growth with harmony.
And family disputes have been mainly responsible for the decline of wealth in cities such as Delhi and Kolkata.
Mumbai University is the only institution outside the US and the UK to feature in Wealth-X's list. The Indian Institutes of Technology did not feature even in the top 20, though they are the best institutions in the country in terms of academic excellence.
http://www.hindustantimes.com/Images/popup/2014/10/28_10_14-metro13d.gif
TagsMumbai University billionaires ranking list India
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There is a difference, though. Most of the individuals in Mumbai are part of old, large business families and have inherited part of their wealth, compared to the emerging rich from the new economy such as IT and services. Some families that can trace their origins to Mumbai include the Ambanis, the Mahindras and the Piramals, among others.
"Mumbai was the industrial and financial capital for India (since British times)," said Dileep Choksi, a former managing partner of Deloitte, who now looks after the affairs of large business families through Universal Trustees.
But growing population and inadequate infrastructure is forcing businesses to shift away from Mumbai.
"This could eventually lead to a fall in the number of billionaires as money will be made elsewhere," said Mita Dixit, family business adviser and leading researcher of Indian business families.
"Moreover, the new generation of most families are diversifying, which will take some time to grow," said Dixit.
Although UBS did not elaborate, some of the individuals who feature on the list include Mukesh Ambani ($23.6 billion), Anil Ambani ($6.3 billion), Kumar Mangalam Birla ($9.2 billion), Ajay Piramal ($2.1 billion), Rakesh Jhunjhunwala ($1.9 billion), Ashwin Choksi ($1.7 billion) and Niranjan Hiranandani ($1.2 billion).
According to Sunil Shah of Evergreen Family Business Advisors, the main reason for the concentration of wealth in Mumbai is that large business families work on creating growth with harmony.
And family disputes have been mainly responsible for the decline of wealth in cities such as Delhi and Kolkata.
Mumbai University is the only institution outside the US and the UK to feature in Wealth-X's list. The Indian Institutes of Technology did not feature even in the top 20, though they are the best institutions in the country in terms of academic excellence.
http://www.hindustantimes.com/Images/popup/2014/10/28_10_14-metro13d.gif
TagsMumbai University billionaires ranking list India
54 22Share0
Last edited:
By your logic, PSC scholars should study in Mumbai. Getting raped is a small pinprick to earning millions.
To "A Mumbai University Grad", that wrote this beautiful piece of work or rebut (below), if you happened to be in this forum.
I totally agreed with you, unfortunately Singapore is a small pond for you and fill with unfriendly people that like to criticise.
Please gather all your multi millionaire alumni and buddies and move to a bigger pond.
Really appreicate it, thank you.
====
I read that many Singaporeans are dismissing the University of Mumbai just because it is ranked 551st in the world.
Let me tell you this, ranking means nothing.
Do you know that the University of Mumbai produces more billionaires than other prestigious varsities like New York University or MIT?
University of Mumbai is the only Indian .......billionaires:
Where is your NUS or NTU now?
I dare say that the University of Mumbai produces more billionaires than the whole of Singapore!
So before you start criticising others, please do some research first.
A Mumbai University Grad
http://therealsingapore.com/content/...res-nus-or-ntu
I totally agreed with you, unfortunately Singapore is a small pond for you and fill with unfriendly people that like to criticise.
Please gather all your multi millionaire alumni and buddies and move to a bigger pond.
Really appreicate it, thank you.
====
I read that many Singaporeans are dismissing the University of Mumbai just because it is ranked 551st in the world.
Let me tell you this, ranking means nothing.
Do you know that the University of Mumbai produces more billionaires than other prestigious varsities like New York University or MIT?
University of Mumbai is the only Indian .......billionaires:
Where is your NUS or NTU now?
I dare say that the University of Mumbai produces more billionaires than the whole of Singapore!
So before you start criticising others, please do some research first.
A Mumbai University Grad
http://therealsingapore.com/content/...res-nus-or-ntu
In India is not just uni but college also matters. Lots of college affiliate to same uni issue same degree. Some are prestigious some just ordinary easy to get into. With over 30 years of filtering candidate applying for EP, gahmen sure know which is which. They have list. I have seen good college grads getting PR invite and some get rejected even if they apply if background not right.
