Investor and wealth manager Saurabh Mukherjea has sparked discussion by questioning the value of higher education in India, arguing that many young people may be better off entering the workforce after completing Class 12 rather than pursuing conventional college degrees. Speaking during a recent podcast, Mukherjea criticized the country’s education system for relying heavily on rote learning instead of encouraging critical thinking, creativity, and problem-solving skills.According to him, India’s schooling and university structures continue to emphasize memorization and examination performance rather than preparing students for rapidly evolving industries such as artificial intelligence, biotechnology, clean technology, and electric vehicles. He pointed to graduate unemployment figures as evidence that the current model is failing many students.
Mukherjea claimed that only a small percentage of graduates secure employment immediately after completing their degrees, while unemployment among degree holders remains significantly higher than among those without formal qualifications.He argued that employers are increasingly signalling that a college degree alone does not guarantee workplace readiness. Citing observations from his research and writings, Mukherjea said some of India’s highest earners are individuals who completed Class 12 and directly entered skilled professions or trades. He highlighted examples from Mumbai, where construction workers and equipment operators often earn more than graduates pursuing entry-level office jobs.Mukherjea believes the issue extends beyond education and directly impacts India’s economic future. He warned that the country risks falling behind in emerging sectors if educational institutions fail to nurture analytical thinking and practical skills. Instead of focusing solely on examinations and theoretical knowledge, he suggested that schools and colleges should prioritize innovation, adaptability, and real-world learning experiences.His remarks have reignited debate over whether India’s education system is adequately preparing students for modern employment opportunities and whether reforms are needed to bridge the growing gap between academic qualifications and industry requirements.
