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How Can the University of Mumbai Produce More Billionaires than IIT?

Bombay University tower

he Oval maidan landmark in Mumbai near the Bombay University tower on Sept. 27, 2010

A late statistics of the world’s elite rich people found that a greater amount of them moved on from the University of Mumbai than some other school outside the United States.

The college in India’s monetary capital is the place of graduation of 12 tycoons, as per a report a week ago from Singapore-based research firm Wealth-X and Swiss bank UBS. That positions it ninth on the planet, in front of the London School of Economics and Political Science, Columbia University and even the Massachusetts Institute of Technology regarding undergrad graduated class that are currently extremely rich people.

There were no other Indian colleges in the main 20. So what happened to the Indian Institutes of Technology, India’s top brand name in advanced education, which is stuck brimming with masters and has one of the hardest passage exams on the planet?

While UBS would not examine how it fabricated the table of top colleges for elite rich people, the answer likely has something to do with the way that the University of Mumbai is colossal and the city is home to much of India’s old cash. The across the country system of Iits is in fact 16 separate schools, every one of them hard to get into.

A UBS representative said he couldn’t name the uber rich people that were numberd however a snappy take a gander at the foundations of some of India’s wealthiest individuals demonstrates the University of Mumbai’s focal point.

Among the Indian uber rich people who contemplated there are Reliance Group’s Anil Ambani, Birla Group’s Kumar Mangalam Birla and Piramal Group’s Ajay Piramal — every one of whom inherited at any rate piece of their riches.

Iits additionally have their offer of billionaires–including N.r. Narayana Murthy and Nandan Nilekani of Infosys also Bharat Desai of Syntel—however like most IIT understudies, they didn’t begin their studies as tycoons. Then they are spread crosswise over more than one IIT.

“My theory is that if the rundown is analyzed in the wake of barring the individuals who have inherited riches or exploited accessible family assets, the IIT Bombay graduated class in the remaining rundown will sparkle,” said Ravi Sinha, who heads graduated class relations at IIT Bombay.

The University of Mumbai may additionally have favorable element in the rankings on the grounds that it incorporates more than 700 schools with more than 200,000 understudies. The majority of India’s Iits consolidated have around 10,000 understudies.

Among the University of Mumbai’s best-known alums: India’s wealthiest man, Reliance Ltd’s. Mukesh Ambani; Bollywood star and Miss World 2000 Priyanka Chopra; and even the father of the country, Mahatma Gandhi.

“Mumbai is India’s money related center point,” so it has its impart of rich children, said Liladhar Bansod, a representative for University of Mumbai. Be that as it may “rich and the poor apparently equivalent select in the college.”

“Given the legacy and history of this all inclusive acclaimed college, it is no amaze that the college has such fruitful graduated class,” said Mr. Bansod.

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