M.B.A. Students Bypassing Wall Street for a Summer in India - New York Times

"I can't help but feel that I am witnessing the creation of a new global economic order, a new reality that most people back home don't realize is coming,"

M.B.A. Students Bypassing Wall Street for a Summer in India - New York Times: "Mr. Maldonado and Mr. Simonsen, of Riverside, Calif., are part of a virtual invasion of India by American students. Graduate students from top schools in the United States, most from master of business administration programs, are vying for internships at India's biggest private companies. For many, outsourcing companies are the destinations of choice.

India is not just a line on an American student's résumé, said Kiran Karnik, president of the outsourcing industry trade body, Nasscom, 'but also culturally fulfilling.' Many students travel while in India, giving them a view of the country and its long history, he said."...

"No longer is India thought of as a land of snake charmers and bride burnings," he said. "Now India means the world's best software services, and increasingly, pharmaceuticals and auto parts."...

"I thought the stipend was the down side," said Mr. Anders, "but coming here is a priceless experience."