I guess it was only a matter of time for this to happen. India has been a significant outsourcer for U.S. I.T., and some back office jobs for a several years. Now they are getting some front office financial jobs as well. CNBC says that an Indian financial analyst could earn a salary of $20,000 vs. $250,000 for his American counterpart. Here are some articles discussing this matter:
India aims to become back office of the world.
India set for jobs bonanza.


