This is a 100% correct answer irrespective of the upvote it gets.
This answer is in Indian context:

This is the reason I say that IITs are nothing more than a scam in India: A K Pandey's answer to What is it that we as Indians are collectively doing wrong?
This answer is in Indian context:
- No skilled electrical engineers are produced from any Indian engineering college + Indian engineering curriculum is 40 years old.
- There is NO demand of Btech/Mtech electrical engineering degree holders in the industry.
- No Indian engineering college produces any skilled electrical engineer.
- There are NO private electrical engineering companies in India.
- Most of the students from such popular Indian engineering colleges
- practice computer programming, to become a computer engineer(5–50 LPA, depending on the skills). These companies are not interested in academic credentials, but are concerned only about the TopCoder and GitHub profiles of the job applicants.
- become managers in the industry, based on luck and on personal leaning(5–15 LPA, depending on the luck). These companies depend heavily on the previous academic credentials of the job applicants, from a college.
- There is NO demand of any Indian electrical engineering degree holder in any company of the world in 2020.
- The only way to become an electrical engineer in India is by competing in some competitive exam to become an electrical engineer in the govt sector.

This is the reason I say that IITs are nothing more than a scam in India: A K Pandey's answer to What is it that we as Indians are collectively doing wrong?
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