Why engineers should not be allowed to do get into an IIM?

Typically, 80% of the entrants into IIMs aare engineers. For some strange reason the tests are designed in such a way that as an engineer you have a greater chance of belling the CAT.Does this mean only engineers can manage? What if you are a lawyer wanting to manage your law firm better, or a journalist wanting to manage your newspaper better, or a biochemist wanting to manage your R&D company better? The IIMs have already decided that you are unfit to be a manager. IIM-B's web site on the contrary says 'candidates from diverse backgrounds are selected.'
Out of the pool of students that graduate from these colleges only 10% join engineering companies and the rest 90% sell consumer products, manage mutual funds or join IT companies.
When they do their engineering courses, these people obviously have no intention of becoming engineers. They are using their engineering education merely to give them an edge over other competitors at the IIM entrance examination. Incidentally, 30% of them are from IITs and being an IIT-IIM graduate is considered to be a badge of honor.

The world over, engineers do an MBA to acquire skills to manage their engineering industry better, not to switch to alternate high paying careers.

Added to this, the governement spends an average of Rs.4 lac annually and 8 lac if he/she's and IITian for engineers who pass out from governement subsidised colleges. this means that a hard earning tax payer is paying for the engineering education of a person who has no intention of using his engineering. This definitely is not the intention of government subsidy of engineering education.

An annual ritual (currently on) in all the IIMs is the great tom-tomming of the pay packets of their fresh MBA graduates. How many professions have you heard of where so much noise is made of the starting salary of graduates? how many times have you heard of an IIM graduate turning a loss making company into a profit making one?

These high paying lucrative jobs are the attraction for engineers to change the course of their careers. Just because they are good engineers doesn't mean they are good managers as well.

Its high time that people realise the value of education as a way of living rather that considering it as a way to earn fat pay cheques.