I keep hearing about more and more that IT companies now starting to outright ban job applicants from LUMS. These companies include many notable firms, and while this is not a well coordinated effort between them (maybe it should be?) they are all independently saying they do this to put some pressure on the university to shape up.
What is the list of grievances these companies hold which results in this ban? Here is the top three.
#3 : LUMS graduates are no better at their work than any other university… but they expect 2 times the salary — (in other words, the LUMS brand is not worth its weight in gold)
#2 : LUMS graduates carry too much baggage with them — their egos prevent them from fitting in and actually being constructive in a firm
#1 : LUMS graduates are highly unstable.
This instability ranks at the top of grievances. They say LUMS grads never stick in any company longer than 4-5 months, and often feel that they are inherently better than the company that they work for.
Now, I haven’t met too many LUMS grads, but I do feel that LUMS as a university talks too much about some things and too little about others.
E.g., I suspect that LUMS and LUMS staff will emphasize too much the importance of being a LUMS graduate, rather than emphasizing the importance of being an engineer / MBA / etc. There is too little clarity on how business or IT careers work.
They emphasize too much that the grads should persue whatever “interests them” rather than emphasizing the importance of realizing one’s place in the global business ecosystem, and that it is a noble thing that the industry doesn’t take risks on “interesting things”.
The resulting instability is because (I think in my humble opinion) the typical LUMS graduate will think it is OK to make an impromptu decision that greatly impacts their company / business, and decide that the world will accept them anyway even if they do. The typical graduate will think mostly of himself, and not enough about growing together with the industry. The typical graduate will not be afraid of changing his career on just a few days or weeks’ worth of thinking, rather than realizing that change is always a phased out process.
I hope LUMS takes a good serious notice of this shift before it becomes an avalanche.
On a side note: I have also had the pleasure of meeting a few IBA graudates recently and I have been most impressed by the level of professional ethics demonstrated by them.