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Are we producing too few or too many grads.

shriram | 28th September 2014 | Information Technology
Are we producing too few or too many grads.

    Earlier this week, the New York Academy of Sciences released a new report that focuses on what it terms the STEM paradox. STEM stands for science, technology, engineering, and math, and it's generally used to describe high-tech and research-oriented education and careers.
So, even though our graduate schools may be producing highly qualified researchers, the research they're prepared for is often only appropriate in an academic setting; commercial entities end up looking for a different set of skills.
The other problem relates to the immigration issue noted above. In many ways, people with STEM expertise are most needed in the developing world, where the projects they create and industries they start will have the largest impact. But the mismatches between education and industry's needs in the developed nations drives a brain drain that sucks talent from the developing world.
This isn't the first report to have come to this conclusion; a number of organizations have recognized the mismatch between education and commercial needs. But this program appears to be the first intended to help countries avoid falling into this trap on a global level. Will it work? That's hard to tell. One of the fundamental ideas behind it is that each country will have to set its own priorities, so there are no clear roadmaps to offer at this point.


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